NASDAQ:ORRF Orrstown Financial Services (ORRF) Stock Forecast, Price & News $19.45 +1.04 (+5.65%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$18.25▼$19.7450-Day Range$15.66▼$20.3452-Week Range$15.52▼$28.42Volume41,913 shsAverage Volume17,072 shsMarket Capitalization$207.34 millionP/E Ratio6.21Dividend Yield4.11%Price Target$27.50 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainability Orrstown Financial Services MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside41.4% Upside$27.50 Price TargetShort InterestHealthy0.62% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.45Upright™ Environmental ScoreNews SentimentN/AInsider TradingAcquiring Shares$83,726 Bought Last QuarterProj. Earnings Growth-7.91%From $3.16 to $2.91 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.58 out of 5 starsFinance Sector337th out of 873 stocksState Commercial Banks Industry100th out of 181 stocks 3.3 Analyst's Opinion Consensus RatingOrrstown Financial Services has received a consensus rating of 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/DownsideAccording to analysts' consensus price target of $27.50, Orrstown Financial Services has a forecasted upside of 41.4% from its current price of $19.45.Amount of Analyst CoverageOrrstown Financial Services has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.62% of the float of Orrstown Financial Services has been sold short.Short Interest Ratio / Days to CoverOrrstown Financial Services has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Orrstown Financial Services has recently increased by 1.13%, indicating that investor sentiment is decreasing. Previous Next 3.3 Dividend Strength Dividend LeadershipOrrstown Financial Services is a leading dividend payer. It pays a dividend yield of 4.35%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthOrrstown Financial Services has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Orrstown Financial Services is 25.56%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Orrstown Financial Services will have a dividend payout ratio of 27.49% next year. This indicates that Orrstown Financial Services will be able to sustain or increase its dividend. Previous Next 3.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreOrrstown 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 SustainabilityThe Environmental Impact score for Orrstown Financial Services is -0.45. Previous Next 0.0 News and Social Media Coverage Search InterestOnly 3 people have searched for ORRF on MarketBeat in the last 30 days. This is a decrease of -63% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Orrstown Financial Services insiders have bought 87.47% more of their company's stock than they have sold. Specifically, they have bought $83,726.00 in company stock and sold $44,660.00 in company stock.Percentage Held by InsidersOnly 5.30% of the stock of Orrstown Financial Services is held by insiders.Percentage Held by Institutions43.39% 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. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Orrstown Financial Services are expected to decrease by -7.91% in the coming year, from $3.16 to $2.91 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Orrstown Financial Services is 6.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.89.Price to Earnings Ratio vs. SectorThe P/E ratio of Orrstown Financial Services is 6.21, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 162.49.Price to Book Value per Share RatioOrrstown Financial Services has a P/B Ratio of 0.86. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Orrstown Financial Services (NASDAQ:ORRF) StockOrrstown Financial Services, Inc. is a holding company, which engages in the provision of consumer and business financial services. It also offers commercial banking and trust business services which involves accepting demand, time and savings deposits, and granting loans. The company was founded on November 17, 1987 and is headquartered in Shippensburg, PA.Read More Receive ORRF Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Orrstown Financial Services and its competitors with MarketBeat's FREE daily newsletter. Email Address ORRF Stock News HeadlinesMay 12, 2023 | finance.yahoo.comThe Juniata Valley Bank and Orrstown Bank Announce Completion of the Sale of Orrstown’s Path Valley Branch Location to JuniataMay 4, 2023 | marketwatch.com8-K: ORRSTOWN FINANCIAL SERVICES INCJune 3, 2023 | Stocks To Trade (Ad)15 A.I. Trading Opportunities a DayUsing our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.April 27, 2023 | finance.yahoo.comRaise a glass to freedom . . . from debt restructuringsApril 27, 2023 | msn.comOrrstown Financial Services (ORRF) Declares $0.20 DividendApril 26, 2023 | finance.yahoo.comOrrstown Financial Services (ORRF) Beats Q1 Earnings EstimatesApril 16, 2023 | americanbankingnews.comOrrstown Financial Services (ORRF) Set to Announce Quarterly Earnings on MondayApril 16, 2023 | americanbankingnews.comOrrstown Financial Services (ORRF) Scheduled to Post Quarterly Earnings on MondayJune 3, 2023 | Stocks To Trade (Ad)15 A.I. Trading Opportunities a DayUsing our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.April 11, 2023 | finance.yahoo.comOrrstown Financial Services (ORRF) Earnings Expected to Grow: Should You Buy?April 9, 2023 | americanbankingnews.comOrrstown Financial Services (NASDAQ:ORRF) PT Lowered to $27.00 at Keefe, Bruyette & WoodsApril 6, 2023 | msn.comKeefe, Bruyette & Woods Maintains Orrstown Financial Services (ORRF) Outperform RecommendationApril 1, 2023 | americanbankingnews.comOrrstown Financial Services (NASDAQ:ORRF) Stock Rating Lowered by StockNews.comMarch 23, 2023 | americanbankingnews.comOrrstown Financial Services (NASDAQ:ORRF) Upgraded to Buy by StockNews.comMarch 22, 2023 | americanbankingnews.comRobert G. Coradi Buys 2,000 Shares of Orrstown Financial Services, Inc. (NASDAQ:ORRF) StockMarch 18, 2023 | finance.yahoo.comOrrstown Financial Services Full Year 2022 Earnings: Revenues Beat Expectations, EPS LagsFebruary 13, 2023 | finance.yahoo.comWhile institutions own 45% of Orrstown Financial Services, Inc. (NASDAQ:ORRF), individual investors are its largest shareholders with 47% ownershipJanuary 24, 2023 | finance.yahoo.comOrrstown Financial Services, Inc. Reports Earnings for the Fourth Quarter 2022 and Full Year 2022 ResultsJanuary 24, 2023 | finance.yahoo.comOrrstown Financial Services, Inc. Reports Earnings for the Fourth Quarter 2022 and Full Year 2022 ResultsJanuary 17, 2023 | finance.yahoo.comInvesting in Orrstown Financial Services (NASDAQ:ORRF) three years ago would have delivered you a 23% gainDecember 23, 2022 | msn.comOrrstown Financial to sell bank branch in Pennsylvania to Juniata Valley BankNovember 12, 2022 | bizjournals.comOrrstown Financial agrees to $15M settlement over 10-year-old transit lawsuitNovember 11, 2022 | finance.yahoo.comSEPTA, bank agree to $15M settlement over 10-year-old lawsuitOctober 18, 2022 | finance.yahoo.comOrrstown Financial Services, Inc. Reports Third Quarter 2022 ResultsSeptember 28, 2022 | finance.yahoo.comOrrstown Financial Services, Inc. Announces Strategic Initiatives to Drive Long-Term Growth and Improve Operating EfficienciesSeptember 4, 2022 | finance.yahoo.comOrrstown Financial Services, Inc.'s (NASDAQ:ORRF) top owners are individual investors with 48% stake, while45% is held by institutionsJuly 27, 2022 | nasdaq.comOrrstown Financial Services (NASDAQ:ORRF) Will Pay A Dividend Of $0.19See More Headlines ORRF Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ORRF Company Calendar Last Earnings10/18/2021Ex-Dividend for 5/16 Dividend5/08/2023Dividend Payable5/16/2023Today6/03/2023Next Earnings (Estimated)7/18/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry State commercial banks Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:ORRF CUSIPN/A CIK826154 Webwww.orrstown.com Phone(717) 532-6114FaxN/AEmployees412Year Founded1919Price Target and Rating Average Stock Price Forecast$27.50 High Stock Price Forecast$28.00 Low Stock Price Forecast$27.00 Forecasted Upside/Downside+41.4%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$3.13 Trailing P/E Ratio6.21 Forward P/E Ratio6.16 P/E GrowthN/ANet Income$22.04 million Net Margins22.87% Pretax Margin19.09% Return on Equity15.41% Return on Assets1.23% Debt Debt-to-Equity Ratio0.13 Current Ratio0.86 Quick Ratio0.85 Sales & Book Value Annual Sales$135.61 million Price / Sales1.53 Cash Flow$4.09 per share Price / Cash Flow4.76 Book Value$22.53 per share Price / Book0.86Miscellaneous Outstanding Shares10,660,000Free Float10,093,000Market Cap$207.34 million OptionableNot Optionable Beta0.86 Social Links Key ExecutivesThomas R. QuinnPresident, Chief Executive Officer & DirectorAdam D. BonannoEVP, Chief Operations & Technology OfficerNeelesh KalaniChief Financial Officer & Executive Vice PresidentPhilip E. FagueChief Trust Officer & Executive Vice PresidentRobert G. CoradiSecretary, Chief Risk Officer & Executive VPKey CompetitorsNorwood FinancialNASDAQ:NWFLUSCB FinancialNASDAQ:USCBOak Valley BancorpNASDAQ:OVLYParke BancorpNASDAQ:PKBKPCB BancorpNASDAQ:PCBView All CompetitorsInsiders & InstitutionsNew York State Common Retirement FundSold 4,500 shares on 5/18/2023Ownership: 0.040%Geode Capital Management LLCBought 3,576 shares on 5/16/2023Ownership: 1.835%BHZ Capital Management LPBought 17,955 shares on 5/16/2023Ownership: 0.327%First Trust Advisors LPBought 2,146 shares on 5/16/2023Ownership: 0.267%Deutsche Bank AGBought 1,696 shares on 5/15/2023Ownership: 0.119%View All Insider TransactionsView All Institutional Transactions ORRF Stock - Frequently Asked Questions Should I buy or sell Orrstown Financial Services stock right now? 2 Wall Street research 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 research analysts is that investors should "buy" ORRF shares. View ORRF analyst ratings or view top-rated stocks. What is Orrstown Financial Services' stock price forecast for 2023? 2 Wall Street research analysts have issued 1 year price objectives for Orrstown Financial Services' shares. Their ORRF share price forecasts range from $27.00 to $28.00. On average, they expect the company's share price to reach $27.50 in the next year. This suggests a possible upside of 41.4% 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 on January 1st, 2023. Since then, ORRF stock has decreased by 16.0% and is now trading at $19.45. View the best growth stocks for 2023 here. When is Orrstown Financial Services' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 18th 2023. View our ORRF earnings forecast. How were Orrstown Financial Services' earnings last quarter? Orrstown Financial Services, Inc. (NASDAQ:ORRF) released its quarterly earnings results on Monday, October, 18th. The bank reported $0.65 EPS for the quarter, meeting the consensus estimate of $0.65. The bank had revenue of $28.27 million for the quarter, compared to analysts' expectations of $26.79 million. Orrstown Financial Services had a net margin of 22.87% and a trailing twelve-month return on equity of 15.41%. How often does Orrstown Financial Services pay dividends? What is the dividend yield for Orrstown Financial Services? Orrstown Financial Services declared a quarterly dividend on Tuesday, April 25th. Investors of record on Tuesday, May 9th will be paid a dividend of $0.20 per share on Tuesday, May 16th. This represents a $0.80 annualized dividend and a yield of 4.11%. The ex-dividend date is Monday, May 8th. Read our dividend analysis for ORRF. What ETF holds Orrstown Financial Services' stock ? First Trust Dow Jones Select Microcap Index Fund holds 28,407 shares of ORRF stock, representing 0.38% of its portfolio. 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 4.35%. ORRF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 25.56%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ORRF will have a dividend payout ratio of 27.49% 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). What is Orrstown Financial Services' stock symbol? Orrstown Financial Services trades on the NASDAQ under the ticker symbol "ORRF." Who are Orrstown Financial Services' major shareholders? Orrstown Financial Services' stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.66%), FMR LLC (5.27%), Dimensional Fund Advisors LP (4.06%), Geode Capital Management LLC (1.84%), Renaissance Technologies LLC (1.58%) and Franklin Resources Inc. (1.06%). 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, Thomas R Brugger 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. What is Orrstown Financial Services' stock price today? One share of ORRF stock can currently be purchased for approximately $19.45. How much money does Orrstown Financial Services make? Orrstown Financial Services (NASDAQ:ORRF) has a market capitalization of $207.34 million and generates $135.61 million in revenue each year. The bank earns $22.04 million in net income (profit) each year or $3.13 on an earnings per share basis. How many employees does Orrstown Financial Services have? The company employs 412 workers across the globe. How can I contact Orrstown Financial Services? Orrstown Financial Services' mailing address is 77 EAST KING STREET P. O. BOX 250, SHIPPENSBURG PA, 17257. The official website for the company is www.orrstown.com. The bank can be reached via phone at (717) 532-6114 or via email at ir@orrstown.com. 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