NASDAQ:ORRFOrrstown Financial Services Stock Price, Forecast & News

$12.31

-0.08 (-0.65 %)

(As of 05/22/2020 04:00 PM ET)

Add

Compare

Today's Range

$12.18

Now: $12.31▼

$12.50

50-Day Range

$11.66

MA: $13.08▼

$15.71

52-Week Range

$11.40

Now: $12.31▼

$23.48

Volume27,712 shs

Average Volume25,521 shs

Market Capitalization$137.87 million

P/E Ratio7.16

Dividend Yield5.52%

Beta0.96

Orrstown Financial Services, Inc. operates as the holding company for Orrstown Bank that provides commercial banking and trust services in the United States. The company accepts various deposits, including checking, savings, time, demand, and money market deposits. It also offers commercial loans, such as commercial real estate, equipment, working capital, and other commercial purpose loans; consumer loans comprising home equity and other consumer loans, as well as home equity lines of credit; residential mortgage loans; agribusiness 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 provides other fiduciary services under the Orrstown Financial Advisors name; and offers retail brokerage services through a third-party broker/dealer arrangement. Further, it offers investment advisory services through an office in Lancaster County, Pennsylvania. The company provides its banking and bank-related services through branches located in Berks, Cumberland, Dauphin, Franklin, Lancaster, Perry, and York counties of Pennsylvania, as well as Washington County, Maryland. Orrstown Financial Services, Inc. was founded in 1919 and is headquartered in Shippensburg, Pennsylvania.

Beat the Market (BTM) Rank^™

3.5 Analyst's Opinion

Consensus Rating
Orrstown Financial Services has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $25.00, Orrstown Financial Services has a potential upside of 103.1% from its current price of $12.31.
Amount of Analyst Coverage
Orrstown Financial Services has received no research coverage in the past 90 days.

2.2 Community Rank

Outperform Votes
Orrstown Financial Services has received 212 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Orrstown Financial Services has received 265 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Orrstown Financial Services has received 55.56% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Orrstown Financial Services and other stocks. Vote “Outperform” if you believe ORRF will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ORRF will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
Orrstown Financial Services is a leading dividend payer. It pays a dividend yield of 5.52%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Orrstown Financial Services has only been increasing its dividend for 4 years.
Dividend Coverage
The dividend payout ratio of Orrstown Financial Services is 36.96 %. 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 39.53 % next year. This indicates that Orrstown Financial Services will be able to sustain or increase its dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Orrstown Financial Services insiders have bought more of their company's stock than they have sold. Specifically, they have bought $61,440.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 4.00% of the stock of Orrstown Financial Services is held by insiders.
Percentage Held by Institutions
42.04% 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.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Orrstown Financial Services are expected to grow by 1.78% in the coming year, from $1.69 to $1.72 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Orrstown Financial Services is 7.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.39.
Price to Earnings Ratio vs. Sector
The P/E ratio of Orrstown Financial Services is 7.16, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 15.58.
Price to Book Value per Share Ratio
Orrstown Financial Services has a P/B Ratio of 0.62. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

3.11 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry State commercial banks

Sub-IndustryN/A

SectorFinance

Current SymbolNASDAQ:ORRF

Previous Symbol

CUSIPN/A

CIK826154

Webwww.orrstown.com

Phone717-532-6114

Debt

Debt-to-Equity Ratio0.15

Current Ratio0.82

Quick Ratio0.82

Price-To-Earnings

Trailing P/E Ratio7.16

Forward P/E Ratio7.28

P/E GrowthN/A

Sales & Book Value

Annual Sales$121.54 million

Price / Sales1.13

Cash Flow$2.00 per share

Price / Cash Flow6.17

Book Value$19.95 per share

Price / Book0.62

Profitability

EPS (Most Recent Fiscal Year)$1.84

Net Income$16.92 million

Net Margins14.78%

Return on Equity9.47%

Return on Assets0.88%

Miscellaneous

Employees367

Outstanding Shares11,200,000

Market Cap$137.87 million

Next Earnings Date7/22/2020 (Estimated)

OptionableNot Optionable

Receive ORRF News and Ratings via Email

Sign-up to receive the latest news and ratings for ORRF and its competitors with MarketBeat's FREE daily newsletter.

Orrstown Financial Services (NASDAQ:ORRF) Frequently Asked Questions

How has Orrstown Financial Services' stock been impacted by COVID-19 (Coronavirus)?

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 24.4% and is now trading at $12.31. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Orrstown Financial Services?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Orrstown Financial Services in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Orrstown Financial Services.

When is Orrstown Financial Services' next earnings date?

Orrstown Financial Services is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Orrstown Financial Services.

How were Orrstown Financial Services' earnings last quarter?

Orrstown Financial Services, Inc. (NASDAQ:ORRF) released its quarterly earnings data on Tuesday, April, 21st. The bank reported $0.41 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.36 by $0.05. The bank earned $25.34 million during the quarter, compared to analysts' expectations of $23.03 million. Orrstown Financial Services had a return on equity of 9.47% and a net margin of 14.78%. View Orrstown Financial Services' earnings history.

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, April 21st. Shareholders of record on Monday, May 4th will be given a dividend of $0.17 per share on Monday, May 11th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 5.52%. The ex-dividend date of this dividend is Friday, May 1st. View Orrstown Financial Services' dividend history.

What price target have analysts set for ORRF?

2 brokerages have issued 1-year price objectives for Orrstown Financial Services' stock. Their forecasts range from $25.00 to $25.00. On average, they expect Orrstown Financial Services' stock price to reach $25.00 in the next twelve months. This suggests a possible upside of 103.1% from the stock's current price. View analysts' price targets for Orrstown Financial Services.

Has Orrstown Financial Services been receiving favorable news coverage?

Media coverage about ORRF stock has been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Orrstown Financial Services earned a media sentiment score of 1.5 on InfoTrie's scale. They also gave media stories about the bank a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutOrrstown Financial Services.

Are investors shorting Orrstown Financial Services?

Orrstown Financial Services saw a increase in short interest in May. As of May 15th, there was short interest totaling 35,500 shares, an increase of 17.9% from the April 30th total of 30,100 shares. Based on an average daily trading volume, of 25,700 shares, the short-interest ratio is presently 1.4 days. Currently, 0.3% of the shares of the company are short sold. View Orrstown Financial Services' Current Options Chain.

Who are some of Orrstown Financial Services' key competitors?

Some companies that are related to Orrstown Financial Services include Great Southern Bancorp (GSBC), Boston Private Financial (BPFH), Luther Burbank (LBC), ConnectOne Bancorp (CNOB), Lakeland Bancorp (LBAI), Preferred Bank (PFBC), Live Oak Bancshares (LOB), HomeStreet (HMST), Bryn Mawr Bank (BMTC), Washington Trust Bancorp (WASH), Allegiance Bancshares (ABTX), Old Line Bancshares, Inc. (MD) (OLBK), Merchants Bancorp (MBIN), HarborOne Bancorp (HONE) and First Financial (THFF). View all competitors.

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), Harley-Davidson (HOG), Marathon Petroleum (MPC), Pfizer (PFE), AT&T (T), Exxon Mobil (XOM), CenterPoint Energy (CNP) and Domino's Pizza (DPZ).

Who are Orrstown Financial Services' key executives?

Orrstown Financial Services' management team includes the following people:

Mr. Thomas Rodney Quinn Jr., Pres, CEO & Director (Age 60)
Mr. David P. Boyle CPA, CPA, Consultant (Age 55)
Mr. Robert G. Coradi, Exec. VP, Chief Risk Officer & Sec. (Age 57)
Mr. Adam L. Metz, Exec. VP & Chief Lending Officer (Age 47)
Mr. Philip E. Fague CPA, Exec. VP, Assistant Sec., Chief Trust Officer (Age 59)

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 institutional and retail investors. Top institutional investors include BlackRock Inc. (6.39%), EJF Capital LLC (1.85%), State Street Corp (1.60%), Wells Fargo & Company MN (1.31%), Geode Capital Management LLC (1.23%) and Bank of New York Mellon Corp (0.76%). 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 J Fignar, Thomas D Longenecker and Thomas R Quinn Jr. View institutional ownership trends for Orrstown Financial Services.

Which major investors are selling Orrstown Financial Services stock?

ORRF stock was sold by a variety of institutional investors in the last quarter, including Martingale Asset Management L P, EJF Capital LLC, Morgan Stanley, Wells Fargo & Company MN, UBS Group AG, Orrstown Financial Services Inc., Bank of New York Mellon Corp, and Bessemer Group Inc.. Company insiders that have sold Orrstown Financial Services company stock in the last year include Joel R Zullinger, and Thomas R Quinn Jr. View insider buying and selling activity for Orrstown Financial Services.

Which major investors are buying Orrstown Financial Services stock?

ORRF stock was acquired by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Fourthstone LLC, State Street Corp, Rhumbline Advisers, Penn Capital Management Co. Inc., Advisor Group Holdings Inc., Geode Capital Management LLC, and Nuveen Asset Management LLC. 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 J Fignar, Thomas D Longenecker, and Thomas R Quinn Jr. View insider buying and selling activity for Orrstown Financial Services.

How do I buy shares of 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.

What is Orrstown Financial Services' stock price today?

One share of ORRF stock can currently be purchased for approximately $12.31.

How big of a company is Orrstown Financial Services?

Orrstown Financial Services has a market capitalization of $137.87 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.

What is Orrstown Financial Services' official website?

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

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 bank can be reached via phone at 717-532-6114.

This page was last updated on 5/25/2020 by MarketBeat.com Staff