Orange County Bancorp (OBT) Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Orange County Bancorp in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" OBT shares.
View OBT analyst ratings or view top-rated stocks.

1 brokerages have issued 1-year price targets for Orange County Bancorp's stock. Their OBT share price forecasts range from $50.00 to $50.00. On average, they expect the company's stock price to reach $50.00 in the next twelve months. This suggests a possible upside of 56.1% from the stock's current price.
View analysts price targets for OBT or view top-rated stocks among Wall Street analysts.

Orange County Bancorp's stock was trading at $46.58 at the beginning of the year. Since then, OBT shares have decreased by 31.2% and is now trading at $32.03.
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Orange County Bancorp saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 18,000 shares, a decline of 17.4% from the April 30th total of 21,800 shares. Based on an average daily trading volume, of 8,300 shares, the days-to-cover ratio is currently 2.2 days. Currently, 0.4% of the shares of the company are sold short.
View Orange County Bancorp's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, August 7th 2023.
View our OBT earnings forecast.

Orange County Bancorp, Inc. (NASDAQ:OBT) announced its quarterly earnings data on Monday, May, 1st. The company reported $1.28 EPS for the quarter, topping the consensus estimate of $1.20 by $0.08. The firm had revenue of $24.31 million for the quarter, compared to analyst estimates of $24.80 million. Orange County Bancorp had a trailing twelve-month return on equity of 18.44% and a net margin of 21.11%.

Orange County Bancorp announced a quarterly dividend on Thursday, May 18th. Stockholders of record on Friday, June 2nd will be paid a dividend of $0.23 per share on Wednesday, June 14th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 2.87%. The ex-dividend date of this dividend is Thursday, June 1st.
Read our dividend analysis for OBT.

Orange County Bancorp (NASDAQ:OBT) pays an annual dividend of $0.92 per share and currently has a dividend yield of 2.94%. The dividend payout ratio is 23.23%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, OBT will have a dividend payout ratio of 19.57% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for OBT.

(OBT) raised $30 million in an IPO on Thursday, August 5th 2021. The company issued 900,000 shares at $32.00-$35.00 per share.

Orange County Bancorp trades on the NASDAQ under the ticker symbol "OBT."

Orange County Bancorp's stock is owned by many different retail and institutional investors. Top institutional investors include Hudson Valley Investment Advisors Inc. ADV (10.90%), Wellington Management Group LLP (6.39%), Geode Capital Management LLC (0.70%), BlackRock Inc. (0.67%), Susquehanna International Group LLP (0.40%) and Coombe Bender & Co LLC (0.23%).

Shares of OBT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of OBT stock can currently be purchased for approximately $32.03.

Orange County Bancorp (NASDAQ:OBT) has a market capitalization of $180.65 million and generates $96.22 million in revenue each year. The company earns $24.36 million in net income (profit) each year or $3.96 on an earnings per share basis.

The company employs 1,200 workers across the globe.

Orange County Bancorp's mailing address is 212 DOLSON AVE, MIDDLETOWN NY, 10940. The official website for the company is orangebanktrust.com. The company can be reached via phone at (845) 341-5000 or via email at investorrelations@orangebanktrust.com.