Orrstown Financial Services Inc. (ORRF) Reaches New 52-Week High at $19.95
Orrstown Financial Services Inc. (NASDAQ:ORRF)’s share price hit a new 52-week high during trading on Friday . The stock traded as high as $19.95 and last traded at $19.93, with a volume of 28,754 shares trading hands. The stock had previously closed at $19.68.
Several equities analysts have recently commented on ORRF shares. Zacks Investment Research lowered Orrstown Financial Services from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 30th. Keefe, Bruyette & Woods raised their price target on Orrstown Financial Services from $20.50 to $21.50 and gave the company an “outperform” rating in a research note on Friday, July 29th.
The company has a market cap of $165.02 million and a P/E ratio of 22.65. The stock’s 50-day moving average is $19.08 and its 200-day moving average is $18.25.
Orrstown Financial Services (NASDAQ:ORRF) last released its quarterly earnings data on Thursday, July 28th. The company reported $0.08 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.21 by $0.13. Equities research analysts expect that Orrstown Financial Services Inc. will post $0.90 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, August 19th. Shareholders of record on Wednesday, August 10th were paid a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 1.81%. The ex-dividend date was Monday, August 8th.
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.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.