Head-To-Head Review: OFG Bancorp (OFG) vs. Its Competitors
OFG Bancorp (NYSE: OFG) is one of 327 publicly-traded companies in the “Banks” industry, but how does it weigh in compared to its competitors? We will compare OFG Bancorp to similar companies based on the strength of its earnings, risk, valuation, dividends, profitability, institutional ownership and analyst recommendations.
Earnings & Valuation
This table compares OFG Bancorp and its competitors revenue, earnings per share and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|OFG Bancorp||$301.09 million||N/A||7.94|
|OFG Bancorp Competitors||N/A||N/A||18.99|
OFG Bancorp is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
This table compares OFG Bancorp and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|OFG Bancorp Competitors||18.86%||8.80%||0.93%|
Risk and Volatility
OFG Bancorp has a beta of 1.52, indicating that its stock price is 52% more volatile than the S&P 500. Comparatively, OFG Bancorp’s competitors have a beta of 0.78, indicating that their average stock price is 22% less volatile than the S&P 500.
This is a breakdown of current ratings and target prices for OFG Bancorp and its competitors, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|OFG Bancorp Competitors||1983||7880||8071||306||2.37|
OFG Bancorp currently has a consensus price target of $12.75, indicating a potential upside of 47.40%. As a group, “Banks” companies have a potential downside of 6.71%. Given OFG Bancorp’s higher probable upside, equities analysts clearly believe OFG Bancorp is more favorable than its competitors.
Institutional and Insider Ownership
97.0% of OFG Bancorp shares are held by institutional investors. Comparatively, 52.5% of shares of all “Banks” companies are held by institutional investors. 2.6% of OFG Bancorp shares are held by insiders. Comparatively, 10.5% of shares of all “Banks” companies are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
OFG Bancorp pays an annual dividend of $0.24 per share and has a dividend yield of 2.8%. OFG Bancorp pays out 22.0% of its earnings in the form of a dividend. As a group, “Banks” companies pay a dividend yield of 2.0% and pay out 37.1% of their earnings in the form of a dividend. OFG Bancorp has increased its dividend for 3 consecutive years. OFG Bancorp is clearly a better dividend stock than its competitors, given its higher yield and lower payout ratio.
OFG Bancorp Company Profile
OFG Bancorp is a financial holding company. The Company is engaged in providing banking and financial services through its subsidiaries. The Company operates through three segments: Banking, Wealth Management and Treasury. The Company provides banking and financial services to its clients through a range of banking and financial solutions, including commercial, consumer, auto, and mortgage lending; checking and savings accounts; financial planning, insurance, financial service, and investment brokerage, and corporate and individual trust and retirement services. The Company provides these services through various subsidiaries, including a commercial bank, Oriental Bank; a securities broker-dealer, Oriental Financial Services Corp. (Oriental Financial Services); an insurance agency, Oriental Insurance, LLC (Oriental Insurance), and a retirement plan administrator, Oriental Pension Consultants, Inc. (OPC).
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