For its first fiscal quarter (ending March 31), OFG Bancorp (NYSE: OFG) has reported E.P.S. of $1.06 compared to $0.97 a year ago. For the latest four quarters through March 31, E.P.S. were $3.93 compared to $3.66 a year ago.
Recent Price Action
OFG Bancorp (NYSE: OFG) stock closed at $33.44 on 4/18/24 after a slight gain of 0.2%. Trading volume in this advance was normal. The stock has declined -3.7% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
OFG is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
OFG Bancorp has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. OFG Bancorp has a good Appreciation Score of 78 and a very high Power Rating of 85, with the Highest Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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