Orrstown Financial Services Stock Forecast, Price & News

Orrstown Financial Services' stock was trading at $16.29 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ORRF shares have decreased by 21.8% and is now trading at $12.74.
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1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Orrstown Financial Services in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Orrstown Financial Services.

Orrstown Financial Services is scheduled to release its next quarterly earnings announcement on Wednesday, October 28th 2020.
View our earnings forecast for Orrstown Financial Services.

Orrstown Financial Services, Inc. (NASDAQ:ORRF) announced its quarterly earnings data on Wednesday, July, 22nd. The bank reported $0.50 earnings per share for the quarter, beating analysts' consensus estimates of $0.24 by $0.26. The bank earned $27.99 million during the quarter, compared to analyst estimates of $26.59 million. Orrstown Financial Services had a net margin of 17.66% and a return on equity of 9.65%.
View Orrstown Financial Services' earnings history.

Orrstown Financial Services declared a quarterly dividend on Tuesday, July 21st. Stockholders of record on Monday, August 3rd will be given a dividend of $0.17 per share on Monday, August 10th. This represents a $0.68 dividend on an annualized basis and a yield of 5.34%. The ex-dividend date of this dividend is Friday, July 31st.
View Orrstown Financial Services' dividend history.

Orrstown Financial Services saw a decline in short interest during the month of September. As of September 15th, there was short interest totaling 64,300 shares, a decline of 15.5% from the August 31st total of 76,100 shares. Based on an average trading volume of 18,500 shares, the days-to-cover ratio is presently 3.5 days. Currently, 0.6% of the shares of the stock are sold short.
View Orrstown Financial Services' Short Interest.

Some companies that are related to Orrstown Financial Services include HomeStreet (HMST), First Foundation (FFWM), Merchants Bancorp (MBIN), ConnectOne Bancorp (CNOB), Washington Trust Bancorp (WASH), Community Trust Bancorp (CTBI), TrustCo Bank Corp NY (TRST), Great Southern Bancorp (GSBC), Lakeland Bancorp (LBAI), Old Line Bancshares, Inc. (MD) (OLBK), Bryn Mawr Bank (BMTC), Origin Bancorp (OBNK), Preferred Bank (PFBC), Franklin Financial Network (FSB) and HarborOne Bancorp (HONE).
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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).

Orrstown Financial Services trades on the NASDAQ under the ticker symbol "ORRF."

Orrstown Financial Services' stock is owned by many different institutional and retail investors. Top institutional investors include FMR LLC (3.05%), FMR LLC (3.04%), Pacific Ridge Capital Partners LLC (1.40%), EJF Capital LLC (1.11%), Bank of New York Mellon Corp (0.70%) and LSV Asset Management (0.47%). Company insiders that own Orrstown Financial Services stock include Anthony F Ceddia, Christopher D Holt, Cindy Jeannette Joiner, David P Boyle, David Todd Hornberger, Glenn W Snoke, Gregory A Rosenberry, Joel R Zullinger, Michael John Rice, Robert G Coradi, Robert J Fignar, Thomas D Longenecker and Thomas R Quinn Jr.
View institutional ownership trends for Orrstown Financial Services.

ORRF stock was sold by a variety of institutional investors in the last quarter, including EJF Capital LLC, Bridgeway Capital Management Inc., FMR LLC, FMR LLC, Bank of New York Mellon Corp, Orrstown Financial Services Inc., BHZ Capital Management LP, and UBS Group AG.
View insider buying and selling activity for Orrstown Financial Services.

ORRF stock was acquired by a variety of institutional investors in the last quarter, including Pacific Ridge Capital Partners LLC, Bailard Inc., Beese Fulmer Investment Management Inc., Bank of America Corp DE, LSV Asset Management, Emerald Advisers LLC, California Public Employees Retirement System, and Globeflex Capital L P. Company insiders that have bought Orrstown Financial Services stock in the last two years include Christopher D Holt, Cindy Jeannette Joiner, David P Boyle, David Todd Hornberger, Glenn W Snoke, Gregory A Rosenberry, Michael John Rice, Robert G Coradi, Robert J Fignar, Thomas D Longenecker, and Thomas R Quinn Jr.
View insider buying and selling activity for Orrstown Financial Services.

Shares of ORRF can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of ORRF stock can currently be purchased for approximately $12.74.

Orrstown Financial Services has a market capitalization of $142.80 million and generates $121.54 million in revenue each year. The bank earns $16.92 million in net income (profit) each year or $1.84 on an earnings per share basis. Orrstown Financial Services employs 367 workers across the globe.

The official website for Orrstown Financial Services is www.orrstown.com.

Orrstown Financial Services' mailing address is 77 EAST KING STREET P. O. BOX 250, SHIPPENSBURG PA, 17257. The bank can be reached via phone at 717-532-6114.