OFG Bancorp (OFG)
NYSE: OFG · Real-Time Price · USD
44.61
+0.22 (0.50%)
Sep 18, 2024, 4:00 PM EDT - Market closed

OFG Bancorp Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for OFG Bancorp stock have an average target of 48.5, with a low estimate of 48 and a high estimate of 49. The average target predicts an increase of 8.72% from the current stock price of 44.61.

Analyst Consensus: Buy
Target Low Average Median High
Price $48 $48.5 $49 $49
Change +7.60% +8.72% +9.84% +9.84%

Analyst Ratings

The average analyst rating for OFG Bancorp stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Apr '24May '24Jun '24Jul '24Aug '24Sep '24
Strong Buy 000000
Buy 111122
Hold 000000
Sell 000000
Strong Sell 000000
Total 111122

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Piper Sandler
Piper Sandler
Buy
Initiates
$49
Buy Initiates $49 +9.84% Aug 26, 2024
Wells Fargo
Wells Fargo
Buy
Maintains
$40$48
Buy Maintains $40$48 +7.60% Jul 22, 2024
Wells Fargo
Wells Fargo
Buy
Maintains
$41$40
Buy Maintains $41$40 -10.33% Apr 10, 2024
Wells Fargo
Wells Fargo
Buy
Maintains
$40$41
Buy Maintains $40$41 -8.09% Jan 29, 2024
Wells Fargo
Wells Fargo
Buy
Maintains
$32$37
Buy Maintains $32$37 -17.06% Jul 21, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
657.58M
Revenue Next Year
678.34M
from 657.58M
Increased by 3.16%
EPS This Year
4.21
from 3.83
Increased by 9.90%
EPS Next Year
4.16
from 4.21
Decreased by -1.26%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025
Revenue
-----657.58M678.34M
Revenue Growth
-9.33%40.45%25.18%8.82%6.62%-3.16%
EPS
0.921.322.813.443.834.214.16
EPS Growth
-39.36%43.48%112.88%22.42%11.34%9.90%-1.26%
Forward PE
-----10.6010.73
No. Analysts -----55
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 748.6M 783.2M
Avg 657.6M 678.3M
Low 576.1M 582.1M

Revenue Growth

Revenue Growth 20242025
High -
19.1%
Avg -
3.2%
Low -
-11.5%

EPS Forecast

EPS 20242025
High 4.48 4.46
Avg 4.21 4.16
Low 3.96 3.90

EPS Growth

EPS Growth 20242025
High
17.1%
6.0%
Avg
9.9%
-1.3%
Low
3.4%
-7.3%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.