Orange County Bancorp - OBT Stock Forecast, Price & News

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

1 equities research analysts have issued 1-year price targets for Orange County Bancorp's shares. 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 year. This suggests a possible upside of 4.0% 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 2023. Since then, OBT stock has increased by 3.2% and is now trading at $48.06.
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Orange County Bancorp saw a decrease in short interest during the month of January. As of January 15th, there was short interest totaling 10,700 shares, a decrease of 47.3% from the December 31st total of 20,300 shares. Based on an average daily volume of 3,300 shares, the days-to-cover ratio is currently 3.2 days. Approximately 0.2% 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 Wednesday, April 26th 2023.
View our OBT earnings forecast.

Orange County Bancorp, Inc. (NASDAQ:OBT) posted its quarterly earnings results on Sunday, October, 24th. The company reported $1.06 EPS for the quarter, topping the consensus estimate of $0.79 by $0.27. The business earned $18.91 million during the quarter, compared to the consensus estimate of $18.04 million. Orange County Bancorp had a trailing twelve-month return on equity of 14.81% and a net margin of 25.32%.

Orange County Bancorp declared a quarterly dividend on Thursday, November 17th. Investors of record on Friday, December 2nd will be given a dividend of $0.23 per share on Thursday, December 15th. This represents a $0.92 dividend on an annualized basis and a yield of 1.91%. The ex-dividend date of this dividend is Thursday, December 1st. This is a positive change from the stock's previous quarterly dividend of $0.20.
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 1.93%. The dividend payout ratio is 21.20%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, OBT will have a dividend payout ratio of 17.42% 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 initial public offering (IPO) on Thursday, August 5th 2021. The company issued 900,000 shares at a price of $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 a number of retail and institutional investors. Top institutional investors include Hudson Valley Investment Advisors Inc. ADV (10.83%).

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 $48.06.

Orange County Bancorp (NASDAQ:OBT) has a market capitalization of $271.06 million and generates $96.22 million in revenue each year. The company earns $24.36 million in net income (profit) each year or $4.34 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.