OFG vs. RNST, HTLF, LKFN, TOWN, BANR, SBCF, EFSC, INDB, FBNC, and BUSE
Should you be buying OFG Bancorp stock or one of its competitors? The main competitors of OFG Bancorp include Renasant (RNST), Heartland Financial USA (HTLF), Lakeland Financial (LKFN), TowneBank (TOWN), Banner (BANR), Seacoast Banking Co. of Florida (SBCF), Enterprise Financial Services (EFSC), Independent Bank (INDB), First Bancorp (FBNC), and First Busey (BUSE). These companies are all part of the "regional banks" industry.
OFG Bancorp (NYSE:OFG) and Renasant (NASDAQ:RNST) are both small-cap finance companies, but which is the better stock? We will compare the two companies based on the strength of their media sentiment, earnings, risk, valuation, profitability, institutional ownership, dividends, community ranking and analyst recommendations.
Renasant received 78 more outperform votes than OFG Bancorp when rated by MarketBeat users. However, 65.15% of users gave OFG Bancorp an outperform vote while only 57.69% of users gave Renasant an outperform vote.
92.7% of OFG Bancorp shares are held by institutional investors. Comparatively, 77.3% of Renasant shares are held by institutional investors. 3.1% of OFG Bancorp shares are held by insiders. Comparatively, 2.8% of Renasant shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
OFG Bancorp has a net margin of 23.00% compared to Renasant's net margin of 14.67%. OFG Bancorp's return on equity of 16.10% beat Renasant's return on equity.
OFG Bancorp pays an annual dividend of $1.00 per share and has a dividend yield of 2.6%. Renasant pays an annual dividend of $0.88 per share and has a dividend yield of 2.9%. OFG Bancorp pays out 25.6% of its earnings in the form of a dividend. Renasant pays out 35.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.
OFG Bancorp presently has a consensus target price of $40.00, indicating a potential upside of 5.68%. Renasant has a consensus target price of $33.00, indicating a potential upside of 7.56%. Given Renasant's higher probable upside, analysts clearly believe Renasant is more favorable than OFG Bancorp.
In the previous week, OFG Bancorp had 13 more articles in the media than Renasant. MarketBeat recorded 13 mentions for OFG Bancorp and 0 mentions for Renasant. OFG Bancorp's average media sentiment score of 0.37 beat Renasant's score of 0.00 indicating that OFG Bancorp is being referred to more favorably in the media.
OFG Bancorp has a beta of 1.08, suggesting that its share price is 8% more volatile than the S&P 500. Comparatively, Renasant has a beta of 1.04, suggesting that its share price is 4% more volatile than the S&P 500.
OFG Bancorp has higher earnings, but lower revenue than Renasant. OFG Bancorp is trading at a lower price-to-earnings ratio than Renasant, indicating that it is currently the more affordable of the two stocks.
Summary
OFG Bancorp beats Renasant on 15 of the 20 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding OFG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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