Orrstown Financial Services (ORRF) Receiving Somewhat Favorable Media Coverage, Study Shows

News stories about Orrstown Financial Services (NASDAQ:ORRF) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Orrstown Financial Services earned a daily sentiment score of 0.16 on Accern’s scale. Accern also assigned media coverage about the bank an impact score of 46.4834767296058 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Orrstown Financial Services (NASDAQ:ORRF) traded up $0.05 on Friday, hitting $25.05. The stock had a trading volume of 8,887 shares, compared to its average volume of 11,399. Orrstown Financial Services has a 12 month low of $19.05 and a 12 month high of $26.95. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.44. The company has a market cap of $209.12, a P/E ratio of 20.53 and a beta of 0.68.

Orrstown Financial Services (NASDAQ:ORRF) last posted its quarterly earnings data on Wednesday, October 25th. The bank reported $0.34 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.34. Orrstown Financial Services had a return on equity of 7.15% and a net margin of 14.58%. The company had revenue of $16.34 million for the quarter, compared to the consensus estimate of $16.25 million. research analysts expect that Orrstown Financial Services will post 1.37 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 15th. Stockholders of record on Monday, November 6th were paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.92%. The ex-dividend date was Friday, November 3rd. This is an increase from Orrstown Financial Services’s previous quarterly dividend of $0.10. Orrstown Financial Services’s payout ratio is currently 39.34%.

ORRF has been the topic of a number of research reports. Zacks Investment Research downgraded Orrstown Financial Services from a “buy” rating to a “hold” rating in a research note on Wednesday, September 27th. Keefe, Bruyette & Woods raised Orrstown Financial Services from a “market perform” rating to an “outperform” rating and boosted their price objective for the stock from $24.00 to $28.00 in a research note on Thursday, July 27th. Finally, Boenning Scattergood reissued a “hold” rating on shares of Orrstown Financial Services in a research note on Friday, October 27th.

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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.

Insider Buying and Selling by Quarter for Orrstown Financial Services (NASDAQ:ORRF)

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