Analysts Estimate Report : What to Look Out for Orrstown Financial Services (NASDAQ:ORRF)

Earnings results for Orrstown Financial Services (NASDAQ:ORRF)

Orrstown Financial Services Inc is estimated to report earnings on 10/19/2021. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates. Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. According to Zacks Investment Research, based on 2 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.7. The reported EPS for the same quarter last year was $0.57.

Orrstown Financial Services last posted its quarterly earnings data on July 19th, 2021. The bank reported $0.79 EPS for the quarter, topping the consensus estimate of $0.73 by $0.06. The company earned $28.57 million during the quarter, compared to analysts’ expectations of $28.03 million. Orrstown Financial Services has generated $2.52 earnings per share over the last year ($3.07 diluted earnings per share) and currently has a price-to-earnings ratio of 8.0. Earnings for Orrstown Financial Services are expected to decrease by -27.76% in the coming year, from $3.17 to $2.29 per share. Orrstown Financial Services has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Tuesday, October 19th, 2021 based off prior year’s report dates.

Analyst Opinion on Orrstown Financial Services (NASDAQ:ORRF)

like Orrstown Financial Services stock less than the stock of other Finance companies. 60.91% of gave Orrstown Financial Services an outperform vote while finance companies recieve an average of 62.78% outperform votes by .

Dividend Strength: Orrstown Financial Services (NASDAQ:ORRF)

Orrstown Financial Services pays a meaningful dividend of 3.11%, higher than the bottom 25% of all stocks that pay dividends. Orrstown Financial Services has only been increasing its dividend for 3 years. The dividend payout ratio of Orrstown Financial Services is 30.16%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Orrstown Financial Services will have a dividend payout ratio of 33.19% next year. This indicates that Orrstown Financial Services will be able to sustain or increase its dividend.

Insiders buying/selling: Orrstown Financial Services (NASDAQ:ORRF)

In the past three months, Orrstown Financial Services insiders have sold 603.88% more of their company’s stock than they have bought. Specifically, they have bought $27,481.00 in company stock and sold $193,433.00 in company stock. Only 4.10% of the stock of Orrstown Financial Services is held by insiders. 42.42% of the stock of Orrstown Financial Services is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Orrstown Financial Services (NASDAQ:ORRF

Earnings for Orrstown Financial Services are expected to decrease by -27.76% in the coming year, from $3.17 to $2.29 per share. The P/E ratio of Orrstown Financial Services is 7.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.54. The P/E ratio of Orrstown Financial Services is 7.97, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 14.33. Orrstown Financial Services has a P/B Ratio of 1.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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