News headlines about Orrstown Financial Services (NASDAQ:ORRF) have been trending somewhat positive on Wednesday, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Orrstown Financial Services earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave media headlines about the bank an impact score of 46.1920379786425 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Orrstown Financial Services (ORRF) opened at 24.40 on Wednesday. The company has a market capitalization of $203.57 million, a PE ratio of 23.00 and a beta of 0.89. The company has a 50-day moving average price of $24.61 and a 200-day moving average price of $22.42. Orrstown Financial Services has a one year low of $18.05 and a one year high of $26.55.
Orrstown Financial Services (NASDAQ:ORRF) last issued its quarterly earnings data on Wednesday, July 26th. The bank reported $0.40 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.13. The business had revenue of $16.34 million during the quarter, compared to the consensus estimate of $16.09 million. Orrstown Financial Services had a net margin of 13.25% and a return on equity of 6.25%. Analysts expect that Orrstown Financial Services will post $1.34 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, August 15th. Shareholders of record on Tuesday, August 8th were given a $0.10 dividend. The ex-dividend date of this dividend was Friday, August 4th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.64%. Orrstown Financial Services’s dividend payout ratio (DPR) is currently 37.74%.
A number of equities analysts recently commented on ORRF shares. Zacks Investment Research cut Orrstown Financial Services from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 29th. Keefe, Bruyette & Woods raised Orrstown Financial Services from a “market perform” rating to an “outperform” rating and raised their target price for the stock from $24.00 to $28.00 in a report on Thursday, July 27th.
Orrstown Financial Services Company Profile
Orrstown Financial Services, Inc is the bank holding company for Orrstown Bank (the Bank). The Bank is engaged in commercial banking and trust business. The Company operates through Community Banking segment. The Bank’s activities involve accepting demand, time and savings deposits, and granting loans.
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