Orrstown Financial Services (ORRF) to Release Quarterly Earnings on Tuesday

Orrstown Financial Services (NASDAQ:ORRF - Get Free Report) is expected to post its Q2 2025 quarterly earnings results before the market opens on Tuesday, July 22nd. Analysts expect Orrstown Financial Services to post earnings of $0.99 per share and revenue of $51.98 million for the quarter.

Orrstown Financial Services (NASDAQ:ORRF - Get Free Report) last posted its quarterly earnings results on Tuesday, April 22nd. The bank reported $1.00 EPS for the quarter, topping the consensus estimate of $0.95 by $0.05. The company had revenue of $60.39 million during the quarter, compared to analysts' expectations of $51.83 million. Orrstown Financial Services had a net margin of 9.74% and a return on equity of 14.35%. During the same quarter in the previous year, the business posted $0.88 EPS. On average, analysts expect Orrstown Financial Services to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Orrstown Financial Services Stock Down 2.5%

Shares of NASDAQ:ORRF traded down $0.85 during trading on Tuesday, hitting $32.72. 109,074 shares of the company were exchanged, compared to its average volume of 121,980. The stock has a market capitalization of $638.30 million, a P/E ratio of 16.69 and a beta of 0.79. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.87 and a quick ratio of 0.87. Orrstown Financial Services has a 12-month low of $25.57 and a 12-month high of $41.99. The firm's 50 day moving average price is $31.05 and its 200-day moving average price is $31.72.

Orrstown Financial Services Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 13th. Stockholders of record on Tuesday, May 6th were given a dividend of $0.26 per share. The ex-dividend date of this dividend was Tuesday, May 6th. This represents a $1.04 annualized dividend and a dividend yield of 3.18%. Orrstown Financial Services's dividend payout ratio is presently 53.06%.

Institutional Investors Weigh In On Orrstown Financial Services

A number of institutional investors and hedge funds have recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Orrstown Financial Services by 4.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,009 shares of the bank's stock valued at $330,000 after buying an additional 490 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Orrstown Financial Services by 2.9% in the first quarter. Goldman Sachs Group Inc. now owns 85,047 shares of the bank's stock valued at $2,552,000 after buying an additional 2,417 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of Orrstown Financial Services in the first quarter valued at about $1,080,000. Finally, Millennium Management LLC raised its holdings in shares of Orrstown Financial Services by 123.8% in the first quarter. Millennium Management LLC now owns 330,322 shares of the bank's stock valued at $9,913,000 after buying an additional 182,709 shares during the last quarter. 44.27% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on ORRF. Raymond James Financial began coverage on shares of Orrstown Financial Services in a research report on Thursday, April 10th. They set an "outperform" rating and a $35.00 price objective for the company. Keefe, Bruyette & Woods boosted their price objective on shares of Orrstown Financial Services from $37.00 to $39.00 and gave the stock an "outperform" rating in a research report on Friday. Finally, Hovde Group boosted their price objective on shares of Orrstown Financial Services from $35.00 to $37.00 and gave the stock an "outperform" rating in a research report on Wednesday, May 14th.

About Orrstown Financial Services

Orrstown Financial Services, Inc operates as the financial holding company for Orrstown Bank that provides commercial banking and financial advisory services to retail, commercial, non-profit, and government clients in the United States. It accepts various deposits, including checking, savings, time, demand, and money market deposits, as well as certificates of deposit.