Orrstown Financial Services (ORRF) Getting Somewhat Favorable Media Coverage, Report Finds

News articles about Orrstown Financial Services (NASDAQ:ORRF) have trended somewhat positive on Friday, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Orrstown Financial Services earned a news sentiment score of 0.12 on Accern’s scale. Accern also gave media coverage about the bank an impact score of 47.4462913615301 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

These are some of the news headlines that may have effected Accern Sentiment’s scoring:

A number of equities analysts have recently weighed in on ORRF shares. ValuEngine raised shares of Orrstown Financial Services from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. Zacks Investment Research raised shares of Orrstown Financial Services from a “hold” rating to a “buy” rating and set a $30.00 price target on the stock in a research note on Tuesday, October 31st. Finally, Boenning Scattergood reaffirmed a “hold” rating on shares of Orrstown Financial Services in a research note on Friday, October 27th.

Shares of Orrstown Financial Services (ORRF) traded up $0.45 during midday trading on Friday, reaching $25.60. 13,600 shares of the company were exchanged, compared to its average volume of 15,341. The firm has a market cap of $209.95 and a PE ratio of 26.12. Orrstown Financial Services has a 12-month low of $19.05 and a 12-month high of $26.95. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.76 and a current ratio of 0.76.

Orrstown Financial Services (NASDAQ:ORRF) last issued its quarterly earnings data on Wednesday, January 24th. The bank reported $0.32 EPS for the quarter, missing the Zacks’ consensus estimate of $0.36 by ($0.04). The business had revenue of $16.51 million during the quarter, compared to analyst estimates of $17.08 million. Orrstown Financial Services had a net margin of 11.33% and a return on equity of 7.57%. analysts predict that Orrstown Financial Services will post 1.4 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, February 9th. Shareholders of record on Saturday, February 3rd will be paid a dividend of $0.12 per share. This is a boost from Orrstown Financial Services’s previous quarterly dividend of $0.07. This represents a $0.48 annualized dividend and a dividend yield of 1.88%. The ex-dividend date is Thursday, February 1st. Orrstown Financial Services’s dividend payout ratio (DPR) is currently 48.98%.

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About Orrstown Financial Services

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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