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

Orrstown Financial Services (NASDAQ:ORRF - Get Free Report) is expected to be announcing its Q2 2025 earnings results after the market closes on Tuesday, July 22nd. Analysts expect the company to announce 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 earnings results on Tuesday, April 22nd. The bank reported $1.00 earnings per share for the quarter, beating the consensus estimate of $0.95 by $0.05. The firm had revenue of $60.39 million during the quarter, compared to analyst estimates 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 period in the previous year, the firm earned $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 Performance

Shares of NASDAQ:ORRF traded up $0.34 during trading on Friday, hitting $33.89. 54,874 shares of the stock traded hands, compared to its average volume of 122,548. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 0.13. The company has a market cap of $661.10 million, a price-to-earnings ratio of 17.21 and a beta of 0.79. The company has a fifty day moving average price of $31.30 and a two-hundred day moving average price of $31.70. Orrstown Financial Services has a 52-week low of $25.57 and a 52-week high of $41.99.

Orrstown Financial Services Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 13th. Stockholders of record on Tuesday, May 6th were issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 3.07%. The ex-dividend date was Tuesday, May 6th. Orrstown Financial Services's dividend payout ratio (DPR) is 53.06%.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Keefe, Bruyette & Woods boosted their price target on shares of Orrstown Financial Services from $37.00 to $39.00 and gave the stock an "outperform" rating in a report on Friday, July 11th. Hovde Group boosted their price target on shares of Orrstown Financial Services from $35.00 to $37.00 and gave the stock an "outperform" rating in a report on Wednesday, May 14th. Finally, Raymond James Financial assumed coverage on shares of Orrstown Financial Services in a report on Thursday, April 10th. They issued an "outperform" rating and a $35.00 price target for the company.

Institutional Trading of Orrstown Financial Services

Hedge funds have recently made changes to their positions in the business. Millennium Management LLC increased its stake in 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 purchasing an additional 182,709 shares during the last quarter. Goldman Sachs Group Inc. boosted 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 acquiring an additional 2,417 shares during the period. Jane Street Group LLC acquired a new stake in shares of Orrstown Financial Services in the first quarter valued at approximately $1,080,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted 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 acquiring an additional 490 shares during the period. Institutional investors and hedge funds own 44.27% of the company's stock.

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.