Should I buy or sell Orrstown Financial Services stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Orrstown Financial Services in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ORRF shares. View ORRF analyst ratings or view top-rated stocks .

What is Orrstown Financial Services' stock price target for 2024?

2 brokerages have issued 1 year target prices for Orrstown Financial Services' stock. Their ORRF share price targets range from $25.00 to $27.00. On average, they expect the company's stock price to reach $26.00 in the next year. This suggests a possible upside of 5.6% from the stock's current price. View analysts price targets for ORRF or view top-rated stocks among Wall Street analysts .

How have ORRF shares performed in 2023?

Orrstown Financial Services' stock was trading at $23.16 at the beginning of the year. Since then, ORRF shares have increased by 6.3% and is now trading at $24.63. View the best growth stocks for 2023 here .

Are investors shorting Orrstown Financial Services?

Orrstown Financial Services saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 50,400 shares, an increase of 29.2% from the October 31st total of 39,000 shares. Based on an average daily volume of 18,700 shares, the short-interest ratio is presently 2.7 days. Currently, 0.5% of the shares of the company are short sold. View Orrstown Financial Services' Short Interest .

When is Orrstown Financial Services' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 23rd 2024. View our ORRF earnings forecast .

How were Orrstown Financial Services' earnings last quarter?

Orrstown Financial Services, Inc. (NASDAQ:ORRF) posted its quarterly earnings results on Tuesday, October, 24th. The bank reported $0.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.82 by $0.05. The bank had revenue of $32.14 million for the quarter, compared to the consensus estimate of $32.38 million. Orrstown Financial Services had a trailing twelve-month return on equity of 15.72% and a net margin of 22.50%.

How often does Orrstown Financial Services pay dividends? What is the dividend yield for Orrstown Financial Services?

Orrstown Financial Services announced a quarterly dividend on Tuesday, October 24th. Shareholders of record on Tuesday, November 7th will be given a dividend of $0.20 per share on Tuesday, November 14th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.25%. The ex-dividend date is Monday, November 6th. Read our dividend analysis for ORRF .

Is Orrstown Financial Services a good dividend stock?

Orrstown Financial Services (NASDAQ:ORRF) pays an annual dividend of $0.80 per share and currently has a dividend yield of 3.47%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 22.28%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ORRF will have a dividend payout ratio of 27.30% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ORRF .

What is Thomas R. Quinn, Jr.'s approval rating as Orrstown Financial Services' CEO?

5 employees have rated Orrstown Financial Services Chief Executive Officer Thomas R. Quinn, Jr. on Glassdoor.com . Thomas R. Quinn, Jr. has an approval rating of 100% among the company's employees. This puts Thomas R. Quinn, Jr. in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Orrstown Financial Services own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Orrstown Financial Services investors own include AbbVie (ABBV) , Eastman Chemical (EMN) , Enbridge (ENB) , Huntington Bancshares (HBAN) , Harley-Davidson (HOG) , Las Vegas Sands (LVS) , Altria Group (MO) , Marathon Petroleum (MPC) , Occidental Petroleum (OXY) and Pfizer (PFE) .

Who are Orrstown Financial Services' major shareholders?

Orrstown Financial Services' stock is owned by many different institutional and retail investors. Top institutional investors include FMR LLC (6.53%), Pacific Ridge Capital Partners LLC (2.10%), River Oaks Capital LLC (1.46%), Northern Trust Corp (0.77%), Acadian Asset Management LLC (0.73%) and Panagora Asset Management Inc. (0.34%). Insiders that own company stock include Andrea L Pugh, Barbara E Brobst , Christopher D Holt, David Todd Hornberger, Floyd E Stoner, Joel R Zullinger, Joel R Zullinger , Mark K Keller, Matthew Dyckman , Meera R Modi, Neelesh Kalani, Philip E Fague, Robert G Coradi, Sean Mulcahy, Thomas D Longenecker and Thomas R Quinn Jr . View institutional ownership trends .

How do I buy shares of Orrstown Financial Services?

Shares of ORRF 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. Compare Top Brokerages Here .

Orrstown Financial Services Stock Price, News & Analysis (NASDAQ:ORRF)

$24.63

+0.70 (+2.93%)

(As of 12/1/2023 ET)

Compare

Today's Range: $23.86
▼
$24.83
50-Day Range: $20.22
▼
$24.63
52-Week Range: $15.52
▼
$28.42

Volume: 16,757 shs
Average Volume: 15,727 shs
Market Capitalization: $261.42 million

P/E Ratio: 6.86
Dividend Yield: 3.25%
Price Target: $26.00

Orrstown Financial Services MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 5.6% Upside
$26.00 Price Target
Short Interest: Healthy
0.50% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -0.45
Upright™ Environmental Score
News Sentiment: 0.52
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: -16.29%
From $3.50 to $2.93 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.85 out of 5 stars

Finance Sector

654th out of 846 stocks

State Commercial Banks Industry

142nd out of 175 stocks

1.3

Analyst's Opinion

Consensus Rating
Orrstown Financial Services has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $26.00, Orrstown Financial Services has a forecasted upside of 5.6% from its current price of $24.63.
Amount of Analyst Coverage
Orrstown Financial Services has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.50% of the float of Orrstown Financial Services has been sold short.
Short Interest Ratio / Days to Cover
Orrstown Financial Services has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Orrstown Financial Services has recently increased by 29.23%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Yield
Orrstown Financial Services pays a meaningful dividend of 3.47%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Orrstown Financial Services has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Orrstown Financial Services is 22.28%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Orrstown Financial Services will have a dividend payout ratio of 27.30% next year. This indicates that Orrstown Financial Services will be able to sustain or increase its dividend.

3.4

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Orrstown Financial Services has received a 40.13% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Retirement saving services", "Cash withdrawal services", "Mortgages provided by brick and mortar banks", "Mortgage loans for corporations", "Corporate debit cards", and "Home equity loans" products. See details.
Environmental Sustainability
The Environmental Impact score for Orrstown Financial Services is -0.45.

2.5

News and Social Media Coverage

News Sentiment
Orrstown Financial Services has a news sentiment score of 0.52. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.65 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Orrstown Financial Services this week, compared to 0 articles on an average week.
Search Interest
2 people have searched for ORRF on MarketBeat in the last 30 days.
MarketBeat Follows
Only 1 people have added Orrstown Financial Services to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Orrstown Financial Services insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 5.30% of the stock of Orrstown Financial Services is held by insiders.
Percentage Held by Institutions
43.27% of the stock of Orrstown Financial Services is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Orrstown Financial Services are expected to decrease by -16.29% in the coming year, from $3.50 to $2.93 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Orrstown Financial Services is 6.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.64.
Price to Earnings Ratio vs. Sector
The P/E ratio of Orrstown Financial Services is 6.86, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 33.80.
Price to Book Value per Share Ratio
Orrstown Financial Services has a P/B Ratio of 1.08. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Orrstown Financial Services Stock (NASDAQ:ORRF)

Orrstown Financial Services, Inc. operates as the holding company for Orrstown Bank that provides commercial banking and financial advisory services in the United States. The company accepts various deposits, including checking, savings, time, demand, and money market deposits, as well as certificates of deposit. It also offers commercial loans, such as commercial real estate, equipment, construction, working capital, and other commercial purpose loans, as well as industrial loans; consumer loans comprising home equity and other consumer loans, as well as home equity lines of credit; residential mortgage loans; acquisition and development loans; municipal loans; and installment and other loans. In addition, the company provides renders services as trustee, executor, administrator, guardian, managing agent, custodian, and investment advisor, as well as other fiduciary services under the Orrstown Financial Advisors name; and retail brokerage services through a third-party broker/dealer arrangement. Further, it offers investment advisory, insurance, and brokerage services. Orrstown Financial Services, Inc. was founded in 1919 and is headquartered in Shippensburg, Pennsylvania.

ORRF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ORRF Stock News Headlines

November 30, 2023 | americanbankingnews.com

Orrstown Financial Services (NASDAQ:ORRF) Shares Pass Above Two Hundred Day Moving Average of $21.04

November 5, 2023 | morningstar.com

Orrstown Financial Services Inc ORRF

December 3, 2023 | DTI Trader (Ad)

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November 4, 2023 | msn.com

Orrstown Financial goes ex dividend Monday

October 24, 2023 | finance.yahoo.com

Orrstown Financial Services, Inc. Reports Earnings for the Third Quarter 2023

October 24, 2023 | finance.yahoo.com

Orrstown Financial Services (ORRF) Beats Q3 Earnings Estimates

October 3, 2023 | finance.yahoo.com

Sri Lanka’s US cavalry is here

September 13, 2023 | finance.yahoo.com

Orrstown Financial Services, Inc. (NASDAQ:ORRF) most popular amongst individual investors who own 48% of the shares, institutions hold 44%

December 3, 2023 | DTI Trader (Ad)

All the trading advice you’ve ever received boils down to this

September 8, 2023 | finance.yahoo.com

Should Value Investors Buy Orrstown Financial Services (ORRF) Stock?

September 1, 2023 | finance.yahoo.com

A Sri Lankan debt twist

August 23, 2023 | finance.yahoo.com

Are Investors Undervaluing Orrstown Financial Services (ORRF) Right Now?

August 23, 2023 | finance.yahoo.com

Orrstown (ORRF) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now

August 21, 2023 | finance.yahoo.com

Can Orrstown (ORRF) Run Higher on Rising Earnings Estimates?

August 15, 2023 | benzinga.com

Thriving with Robust Performance: Orrstown Finl Servs Delivers Growing Profits to Investors

August 3, 2023 | finance.yahoo.com

Orrstown Financial Services, Inc. (NASDAQ:ORRF) Looks Interesting, And It's About To Pay A Dividend

July 31, 2023 | markets.businessinsider.com

Piper Sandler Keeps Their Hold Rating on Orrstown Financial Services (ORRF)

July 28, 2023 | finanznachrichten.de

Orrstown Financial Services, Inc. Reports Earnings for the Second Quarter 2023

July 28, 2023 | finance.yahoo.com

New Forecasts: Here's What Analysts Think The Future Holds For Orrstown Financial Services, Inc. (NASDAQ:ORRF)

July 12, 2023 | finance.yahoo.com

Implied Volatility Surging for Orrstown Financial Services (ORRF) Stock Options

May 12, 2023 | finance.yahoo.com

The Juniata Valley Bank and Orrstown Bank Announce Completion of the Sale of Orrstown’s Path Valley Branch Location to Juniata

May 4, 2023 | marketwatch.com

8-K: ORRSTOWN FINANCIAL SERVICES INC

April 27, 2023 | finance.yahoo.com

Raise a glass to freedom . . . from debt restructurings

April 27, 2023 | msn.com

Orrstown Financial Services (ORRF) Declares $0.20 Dividend

April 26, 2023 | finance.yahoo.com

Orrstown Financial Services (ORRF) Beats Q1 Earnings Estimates

April 11, 2023 | finance.yahoo.com

Orrstown Financial Services (ORRF) Earnings Expected to Grow: Should You Buy?

April 6, 2023 | msn.com

Keefe, Bruyette & Woods Maintains Orrstown Financial Services (ORRF) Outperform Recommendation

See More Headlines

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Company Calendar

Last Earnings: 10/24/2023
Ex-Dividend for 11/14 Dividend: 11/06/2023
Dividend Payable: 11/14/2023
Today: 12/03/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 1/23/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: State commercial banks
Sub-Industry: N/A
Sector: Finance
Current Symbol: NASDAQ:ORRF
CUSIP: N/A
CIK: 826154
Web: www.orrstown.com
Phone: (717) 532-6114
Fax: N/A
Employees: 404
Year Founded: 1919

Price Target and Rating

Average Stock Price Target: $26.00
High Stock Price Target: $27.00
Low Stock Price Target: $25.00
Potential Upside/Downside: +5.6%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $3.59
Trailing P/E Ratio: 6.86
Forward P/E Ratio: 7.04
P/E Growth: N/A
Net Income: $22.04 million
Net Margins: 22.50%
Pretax Margin: 28.22%
Return on Equity: 15.72%
Return on Assets: 1.26%

Debt

Debt-to-Equity Ratio: 0.13
Current Ratio: 0.87
Quick Ratio: 0.87

Sales & Book Value

Annual Sales: $130.50 million
Price / Sales: 2.00
Cash Flow: $3.98 per share
Price / Cash Flow: 6.19
Book Value: $22.90 per share
Price / Book: 1.08

Miscellaneous

Outstanding Shares: 10,614,000
Free Float: 10,051,000
Market Cap: $261.42 million
Optionable: Not Optionable
Beta: 0.86

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Key Executives

Mr. Thomas Rodney Quinn Jr. (Age 64)
President, CEO & Director
Comp: $1.17M
Mr. Neelesh Kalani CPA (Age 48)
Executive VP, CFO & Head of Investor Relations
Comp: $486.6k
Mr. Adam L. Metz (Age 51)
Executive VP & Chief Revenue Officer
Comp: $480.21k
Mr. Christopher D. Holt (Age 59)
Executive VP & Market President for the Maryland Region
Comp: $550.53k
Mr. Robert G. Coradi (Age 61)
Executive VP, Chief Risk Officer & Secretary
Comp: $449.54k
Mr. Adam D. Bonanno (Age 45)
Executive VP, Chief Operations & Technology Officer
Mr. Sean P. Mulcahy CPA (Age 40)
Senior VP & Chief Accounting Officer
Mr. Matthew Dyckman (Age 54)
Executive VP & General Counsel
Mr. Philip E. Fague CPA (Age 63)
Executive VP & Chief Trust Officer
Comp: $324.98k
Mr. Jeffrey S. Gayman (Age 50)
Executive VP & Chief Mortgage and Retail Officer
Comp: $186.15k

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ORRF Stock Analysis - Frequently Asked Questions

Should I buy or sell Orrstown Financial Services stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Orrstown Financial Services in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ORRF shares.
View ORRF analyst ratings or view top-rated stocks.
What is Orrstown Financial Services' stock price target for 2024?: 2 brokerages have issued 1 year target prices for Orrstown Financial Services' stock. Their ORRF share price targets range from $25.00 to $27.00. On average, they expect the company's stock price to reach $26.00 in the next year. This suggests a possible upside of 5.6% from the stock's current price.
View analysts price targets for ORRF or view top-rated stocks among Wall Street analysts.
How have ORRF shares performed in 2023?: Orrstown Financial Services' stock was trading at $23.16 at the beginning of the year. Since then, ORRF shares have increased by 6.3% and is now trading at $24.63.
View the best growth stocks for 2023 here.
Are investors shorting Orrstown Financial Services?: Orrstown Financial Services saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 50,400 shares, an increase of 29.2% from the October 31st total of 39,000 shares. Based on an average daily volume of 18,700 shares, the short-interest ratio is presently 2.7 days. Currently, 0.5% of the shares of the company are short sold.
View Orrstown Financial Services' Short Interest.
When is Orrstown Financial Services' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 23rd 2024.
View our ORRF earnings forecast.
How were Orrstown Financial Services' earnings last quarter?: Orrstown Financial Services, Inc. (NASDAQ:ORRF) posted its quarterly earnings results on Tuesday, October, 24th. The bank reported $0.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.82 by $0.05. The bank had revenue of $32.14 million for the quarter, compared to the consensus estimate of $32.38 million. Orrstown Financial Services had a trailing twelve-month return on equity of 15.72% and a net margin of 22.50%.

How often does Orrstown Financial Services pay dividends? What is the dividend yield for Orrstown Financial Services?: Orrstown Financial Services announced a quarterly dividend on Tuesday, October 24th. Shareholders of record on Tuesday, November 7th will be given a dividend of $0.20 per share on Tuesday, November 14th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.25%. The ex-dividend date is Monday, November 6th.
Read our dividend analysis for ORRF.
Is Orrstown Financial Services a good dividend stock?: Orrstown Financial Services (NASDAQ:ORRF) pays an annual dividend of $0.80 per share and currently has a dividend yield of 3.47%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 22.28%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ORRF will have a dividend payout ratio of 27.30% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ORRF.
What is Thomas R. Quinn, Jr.'s approval rating as Orrstown Financial Services' CEO?: 5 employees have rated Orrstown Financial Services Chief Executive Officer Thomas R. Quinn, Jr. on Glassdoor.com. Thomas R. Quinn, Jr. has an approval rating of 100% among the company's employees. This puts Thomas R. Quinn, Jr. in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Orrstown Financial Services own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Orrstown Financial Services investors own include AbbVie (ABBV), Eastman Chemical (EMN), Enbridge (ENB), Huntington Bancshares (HBAN), Harley-Davidson (HOG), Las Vegas Sands (LVS), Altria Group (MO), Marathon Petroleum (MPC), Occidental Petroleum (OXY) and Pfizer (PFE).
Who are Orrstown Financial Services' major shareholders?: Orrstown Financial Services' stock is owned by many different institutional and retail investors. Top institutional investors include FMR LLC (6.53%), Pacific Ridge Capital Partners LLC (2.10%), River Oaks Capital LLC (1.46%), Northern Trust Corp (0.77%), Acadian Asset Management LLC (0.73%) and Panagora Asset Management Inc. (0.34%). Insiders that own company stock include Andrea L Pugh, Barbara E Brobst, Christopher D Holt, David Todd Hornberger, Floyd E Stoner, Joel R Zullinger, Joel R Zullinger, Mark K Keller, Matthew Dyckman, Meera R Modi, Neelesh Kalani, Philip E Fague, Robert G Coradi, Sean Mulcahy, Thomas D Longenecker and Thomas R Quinn Jr.
View institutional ownership trends.
How do I buy shares of Orrstown Financial Services?: Shares of ORRF 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.
Compare Top Brokerages Here.

This page (NASDAQ:ORRF) was last updated on 12/3/2023 by MarketBeat.com Staff

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