OFG BANCORP stock forecast: up to 36.02 USD OFG stock price prognosis

STOCK

Forecast for Thu 23 May 2024 price 36.00

OFG BANCORP stock price forecast for further price development up to 1.07% (time horizon: 1 day) and price target of 36.02 USD. Short-term (time horizon: 2 weeks) OFG BANCORP share price prediction for 2024-05-23 with daily closed price projections

Key Facts

Symbol OFG 

ISIN US67103X1028 

CUSIP 67103X102


Currency USD


Category State Commercial Banks

Forecast price change %

Relative Strength Index (RSI)

Finance numbers

Revenue 583,941,000.0


Earnings per share 1.88


Dividends 0.29

On our site we made daily predictions for finance products based on statistical analysis. You can export / download forecasted data as CSV file, no login required. The information can be used for day trading.

Summerized Form 10-K with GPT-2

Oriental has 54 branches in Puerto Rico and 2 branches in the USVI. 4 Oriental's mortgage banking activities are conducted through a division of the Bank. The proprietary credit scoring system is a fundamental part of the decision process. 10 FDIC Insurance Assessments The Bank is subject to FDIC deposit insurance assessments. For more information, please refer to the accompanying consolidated financial statements. On July 1, 2019, Puerto Rico enacted Act No. Additionally, the Incentives Code was amended pursuant to Act No. In addition, on April 16, 2020, Act No. Oriental's interest income could also be reduced due to Covid-19. These losses could also lead to significant reputational risks and other effects. We are a separate and distinct legal entity from our subsidiaries. ITEM 1B. UNRESOLVED STAFF COMMENTS None.

Summerized Form 10-K with GPT-2 https://www.sec.gov/Archives/edgar/data/1030469/000103046921000009/0001030469-21-000009.txt
Candlestick patterns

Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.

  • Meta analyst score 73.78/100
    • Historical view, profit is growing.
    • Company revenue is growing faster compared with the industry.
    • Stock price is above book price value.

Institutional ownership list is based on filling form information

Holding name Date Amount
A - BARCLAYS PLC 2023-06-30 85026
A - OSAIC HOLDINGS, INC. 2023-06-30 16
Thomas J. Herzfeld Advisors, Inc. 2023-03-31 7541
HANCOCK WHITNEY CORP 2023-03-31 47157
VOYA INVESTMENT MANAGEMENT LLC 2022-09-30 61436

Fund ownership list is based on filling form information

Fund name Date Amount Profile
Federated Hermes Global Allocation Fund 2023-11-30 1300 Long
MFS SERIES TRUST X 2023-11-30 59544 Long
Putnam Asset Allocation Funds 2023-11-30 345 Long
SCHWAB STRATEGIC TRUST 2023-11-30 138576 Long
SCHWAB STRATEGIC TRUST 2023-11-30 847 Long

Insider trading for OFG BANCORP

CIK Name Date Action T-Test 1day T-Test 7day T-Test 14day T-Test 30day
1302232 Kumar Ganesh 2024-03-21 SALE Accept Accept Accept Reject
1254550 Fernandez Jose Rafael 2024-03-07 SALE Reject Accept Reject Reject
1609916 Colon Jorge 2023-07-31 SALE Accept Reject Reject Reject
1666162 De Jesus Nestor 2023-12-18 SALE Accept Accept Accept Reject
1380905 Ortiz Cesar A 2023-12-06 SALE Accept Accept Accept Accept


Bollinger Bollinger Bands for OFG BANCORP can provide the information where the market is moving based on price information.


OFG BANCORP Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.



Converting prices to returns OFG BANCORP.


On-Balance Volume information for OFG BANCORP. On-Balance Volume information can be an indicator for bullish or bearish outcome.



Accumulation / Distribution (A/D) indicator information for OFG BANCORP. The indicator identify divergences between price and volume flow.


Aroon Oscillator information for OFG BANCORP. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.


Average Directional Index (ADX) information for OFG BANCORP. The index can be used to identify the strengh of a trend.


Moving Average Convergence Divergence (MACD) for OFG BANCORP. The indicator helps to predict trend direction and the momentum of the trend.


Stochastic Oscillator as momentum indicator for OFG BANCORP. The indicator is useful for identifying overbought and oversold levels.


Relative Strength Index (RSI) for OFG BANCORP. RSI is a momentum oscillator that measures the speed and change of price development. The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period. Primary usage of the indicator is to identify overbought or oversold signals. When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30 [ Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio ].


Heikin Ashi trading signals are generated based on the Heikin Ashi candles, which are a type of candlestick that smooths out the price action and can help to identify trends. Heikin Ashi signals can be used to identify both long and short trading opportunities.


The awesome oscillator is a momentum indicator that measures the speed and strength of price movements. It is calculated by subtracting a 34-period simple moving average (SMA) from a 5-period SMA.


The Parabolic SAR indicator is a trend-following indicator that uses a series of dots to indicate when a trend is likely to reverse. The Parabolic SAR is a lagging indicator, meaning that it does not predict reversals, but rather confirms them after they have already occurred.


Moving Average Crossover


52W High 52W Low Market Cap

Similar shares


OFG BANCORP on Nasdaq

OFG BANCORP on finviz

Figure below show the stock predictions.
Date Closing price Prediction was updated
2024-05-21 36.02 2024-03-28 15:03
2024-05-22 36.01 2024-03-28 15:03
2024-05-23 36.00 2024-03-28 15:04
2024-05-20 36.02 2024-03-28 15:03
2024-04-29 36.14 2024-03-28 15:03
2024-05-13 36.05 2024-03-28 15:03
2024-04-03 36.25 2024-03-28 15:03
2024-04-08 36.40 2024-03-28 15:03
2024-04-09 36.44 2024-03-28 15:03
2024-04-11 36.41 2024-03-28 15:03
2024-04-12 36.43 2024-03-28 15:03
2024-04-19 36.29 2024-03-28 15:03
2024-04-30 36.13 2024-03-28 15:03
2024-05-01 36.11 2024-03-28 15:03
2024-04-22 36.24 2024-03-28 15:03
2024-04-23 36.24 2024-03-28 15:03
2024-05-15 36.05 2024-03-28 15:03
2024-04-26 36.14 2024-03-28 15:03
2024-04-04 36.32 2024-03-28 15:03
2024-04-15 36.42 2024-03-28 15:03
2024-04-16 36.36 2024-03-28 15:03
2024-04-17 36.25 2024-03-28 15:03
2024-04-18 36.22 2024-03-28 15:03
2024-04-10 36.36 2024-03-28 15:03
2024-03-29 36.31 2024-03-28 15:03
2024-04-01 36.37 2024-03-28 15:03
2024-04-02 36.24 2024-03-28 15:03
2024-04-24 36.15 2024-03-28 15:03
2024-04-25 36.16 2024-03-28 15:03
2024-05-14 36.05 2024-03-28 15:03
2024-05-16 36.03 2024-03-28 15:03
2024-04-05 36.34 2024-03-28 15:03
2024-05-02 36.10 2024-03-28 15:03
2024-05-03 36.09 2024-03-28 15:03
2024-05-06 36.08 2024-03-28 15:03
2024-05-07 36.08 2024-03-28 15:03
2024-05-08 36.07 2024-03-28 15:03
2024-05-09 36.06 2024-03-28 15:03
2024-05-17 36.03 2024-03-28 15:03
2024-05-10 36.05 2024-03-28 15:03

The forecast (dashed curve) of the share price performance is based on historical data. Our forecast model is based on mathematical, statistical methods. The website offers price forecasts and analysis tools for equities and other securities, which are exclusively based on the prices of these securities in the past. Information about these prices is provided to us by third parties. Although we believe, If we believe that our sources are reliable, we cannot guarantee the accuracy, completeness, timeliness and correct sequencing of this information. We do not investigate the issuers of the securities to which our forecasts relate, nor do we consider any financial data or other data of such issuers with the exception of the past prices of the securities. Therefore, our forecasts do not constitute an analysis of other commercial or financial factors or circumstances, that may be relevant for future security price flows. Investments require additional considerations. Our forecasts cannot reflect the specific situation. Experience and risk profile of an individual investor or the tax implications an investment may have for the investor. Although we believe that our mathematical models are a tool to try to explore the possibility for future price development with the help of past performance, such developments are subject to a multitude of different influences. and therefore not really predictable. We cannot guarantee the success of any investment you make based on the information published here. This website is for information purposes only. All information and data on this website cannot be guaranteed to be accurate, accuracy, completeness and appropriateness - neither explicit nor implicit.