Orrstown Financial Services Stock Forecast, Price & News

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" Orrstown Financial Services stock.
View analyst ratings for Orrstown Financial Services or view top-rated stocks.

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Orrstown Financial Services saw a decline in short interest in June. As of June 30th, there was short interest totaling 123,900 shares, a decline of 25.4% from the June 15th total of 166,000 shares. Based on an average daily trading volume, of 29,200 shares, the days-to-cover ratio is presently 4.2 days. Approximately 1.2% of the shares of the stock are short sold.
View Orrstown Financial Services' Short Interest.

Orrstown Financial Services is scheduled to release its next quarterly earnings announcement on Tuesday, October 19th 2021.
View our earnings forecast for Orrstown Financial Services.

Orrstown Financial Services, Inc. (NASDAQ:ORRF) released its quarterly earnings data on Monday, July, 19th. The bank reported $0.79 EPS for the quarter, beating the consensus estimate of $0.73 by $0.06. Orrstown Financial Services had a trailing twelve-month return on equity of 14.45% and a net margin of 26.90%.
View Orrstown Financial Services' earnings history.

Orrstown Financial Services' stock was trading at $16.29 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ORRF stock has increased by 43.1% and is now trading at $23.31.
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Orrstown Financial Services announced a quarterly dividend on Tuesday, July 20th. Stockholders of record on Monday, August 2nd will be given a dividend of $0.19 per share on Monday, August 9th. This represents a $0.76 dividend on an annualized basis and a yield of 3.26%. The ex-dividend date of this dividend is Friday, July 30th. This is a positive change from Orrstown Financial Services's previous quarterly dividend of $0.18.
View Orrstown Financial Services' dividend history.

Orrstown Financial Services pays an annual dividend of $0.72 per share and currently has a dividend yield of 3.10%. Orrstown Financial Services does not yet have a strong track record of dividend growth. The dividend payout ratio of Orrstown Financial Services is 28.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Orrstown Financial Services will have a dividend payout ratio of 31.44% next year. This indicates that Orrstown Financial Services will be able to sustain or increase its dividend.
View Orrstown Financial Services' dividend history.

2 Wall Street analysts have issued 12-month price targets for Orrstown Financial Services' shares. Their forecasts range from $13.50 to $13.50. On average, they expect Orrstown Financial Services' share price to reach $13.50 in the next year. This suggests that the stock has a possible downside of 42.1%.
View analysts' price targets for Orrstown Financial Services or view top-rated stocks among Wall Street analysts.

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

Some companies that are related to Orrstown Financial Services include First Foundation (FFWM), ConnectOne Bancorp (CNOB), German American Bancorp (GABC), Republic Bancorp (RBCAA), Premier Financial (PFC), Origin Bancorp (OBNK), Preferred Bank (PFBC), Byline Bancorp (BY), Washington Trust Bancorp (WASH), Lakeland Bancorp (LBAI), Univest Financial (UVSP), HomeStreet (HMST), QCR (QCRH), Bryn Mawr Bank (BMTC) and Altabancorp (ALTA).
View all of ORRF's competitors.

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."

Shares of ORRF 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 ORRF stock can currently be purchased for approximately $23.31.

Orrstown Financial Services has a market capitalization of $262.49 million and generates $127.94 million in revenue each year. The bank earns $26.46 million in net income (profit) each year or $2.52 on an earnings per share basis.

Orrstown Financial Services employs 400 workers across the globe.

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

Orrstown Financial Services is headquartered at 77 EAST KING STREET P. O. BOX 250, SHIPPENSBURG PA, 17257.

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 or via email at [email protected]