Orrstown Financial Services (NASDAQ:ORRF) Sets New 1-Year High – Here’s What Happened

Posted by Geri Gentry on Oct 24th, 2026

Orrstown Financial Services Inc (NASDAQ:ORRF – Get Free Report) shares hit a new 52-week high during trading on Thursday. The company traded as high as $43.95 and last traded at $43.7850, with a volume of 4,809 shares. The stock had previously closed at $42.89.

Analyst Ratings Changes

ORRF has been the subject of several recent research reports. Weiss Ratings upgraded Orrstown Financial Services from a “buy (b)” rating to a “buy (b+)” rating in a research report on Thursday. Raymond James Financial assumed coverage on shares of Orrstown Financial Services in a research note on Thursday, July 9th. They set a “market perform” rating on the stock. Hovde Group lifted their target price on shares of Orrstown Financial Services from $42.00 to $46.00 and gave the company an “outperform” rating in a report on Monday, July 27th. Keefe, Bruyette & Woods boosted their target price on shares of Orrstown Financial Services from $44.00 to $46.00 and gave the company an “outperform” rating in a research note on Thursday, July 23rd. Finally, DA Davidson reissued a “neutral” rating and set a $41.00 price target on shares of Orrstown Financial Services in a report on Wednesday, July 22nd. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $44.33.

Check Out Our Latest Report on ORRF

Orrstown Financial Services Trading Down 0.1%

The stock has a market cap of $871.18 million, a PE ratio of 9.86 and a beta of 0.69. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.87 and a current ratio of 0.87. The company has a 50 day moving average of $41.95 and a two-hundred day moving average of $40.20.

Orrstown Financial Services (NASDAQ:ORRF – Get Free Report) last issued its quarterly earnings results on Tuesday, October 20th. The bank reported $1.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.10 by $0.07. The company had revenue of $66.70 million for the quarter, compared to the consensus estimate of $66.20 million. Orrstown Financial Services had a return on equity of 14.41% and a net margin of 24.23%. Sell-side analysts anticipate that Orrstown Financial Services Inc will post 4.45 earnings per share for the current fiscal year.

Orrstown Financial Services Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 10th. Stockholders of record on Tuesday, November 3rd will be given a dividend of $0.30 per share. The ex-dividend date is Tuesday, November 3rd. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.7%. Orrstown Financial Services’s dividend payout ratio (DPR) is 26.73%.

Insider Transactions at Orrstown Financial Services

In related news, EVP Amy Doll sold 3,002 shares of Orrstown Financial Services stock in a transaction on Monday, July 27th. The shares were sold at an average price of $41.61, for a total value of $124,913.22. Following the sale, the executive vice president owned 25,669 shares of the company’s stock, valued at approximately $1,068,087.09. This trade represents a 10.47% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 4.30% of the company’s stock.

Institutional Trading of Orrstown Financial Services

Several institutional investors have recently modified their holdings of the stock. BlackRock Inc. acquired a new stake in Orrstown Financial Services in the 2nd quarter worth about $68,607,000. Assenagon Asset Management S.A. purchased a new position in shares of Orrstown Financial Services in the first quarter valued at approximately $10,743,000. The Manufacturers Life Insurance Company purchased a new position in shares of Orrstown Financial Services in the second quarter valued at approximately $9,286,000. Man Group plc acquired a new stake in shares of Orrstown Financial Services in the second quarter worth approximately $5,962,000. Finally, Bank of America Corp DE acquired a new stake in shares of Orrstown Financial Services in the second quarter worth approximately $4,735,000. Institutional investors and hedge funds own 44.27% of the company’s stock.

Orrstown Financial Services Company Profile

(Get Free Report)

Orrstown Financial Services, Inc is the bank holding company for Orrstown Bank, a full-service community banking institution headquartered in Shippensburg, Pennsylvania. Founded in 1919, the company serves individuals, families, businesses and organizations through a network of banking offices in Pennsylvania and Maryland.

Orrstown Bank offers a range of personal and business banking products, including checking and savings accounts, certificates of deposit, consumer loans, residential mortgages, commercial real estate loans and business financing.