Add Up The Parts: SMDV Could Be Worth $76
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 13 2025
0mins
Should l Buy ORRF?
Source: NASDAQ.COM
ETF Analysis: The ProShares Russell 2000 Dividend Growers ETF (SMDV) has an implied analyst target price of $75.81, indicating a potential upside of 15.56% from its current trading price of $65.60.
Stock Performance Insights: Notable underlying holdings such as Enpro Inc, Orrstown Financial Services, and First Busey Corp show significant upside potential based on analyst targets, raising questions about the validity of these targets amidst market conditions.
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Analyst Views on ORRF
Wall Street analysts forecast ORRF stock price to rise
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 36.920
Low
39.00
Averages
40.50
High
42.00
Current: 36.920
Low
39.00
Averages
40.50
High
42.00
About ORRF
Orrstown Financial Services, Inc. is a financial holding company for its wholly owned subsidiary Orrstown Bank (the Bank). The Bank provides a range of consumer and business financial services in Berks, Cumberland, Dauphin, Franklin, Lancaster, Perry, and York Counties, Pennsylvania and Anne Arundel, Baltimore, Harford, Howard, and Washington Counties, Maryland, as well as Baltimore City, Maryland. The Bank operates in the community banking segment and engages in lending activities, including commercial, residential, commercial mortgages, construction, municipal, and various forms of consumer lending and deposit services, including checking, savings, time and money market deposits. The Company's lending area also includes adjacent counties in Pennsylvania and Maryland, as well as Loudon County, Virginia and Berkeley, Jefferson and Morgan Counties, West Virginia. The Bank also provides fiduciary, investment advisory, insurance and brokerage services.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Quarterly Dividend Announcement: Orrstown Financial declares a quarterly dividend of $0.30 per share, consistent with previous distributions, indicating the company's stable cash flow and profitability, which is likely to attract more investor interest.
- Dividend Yield: The forward yield of 3.17% reflects the company's appeal in the current market environment, potentially boosting shareholder confidence in their investments.
- Payment Schedule: The dividend will be payable on May 12, with a record date of May 5 and an ex-dividend date also on May 5, ensuring shareholders receive their returns in a timely manner.
- Earnings Beat Expectations: Orrstown Financial reported a GAAP EPS of $1.12 for Q4 2025, beating estimates by $0.11, with revenue of $64.58M exceeding expectations by $14.18M, showcasing the company's positive outlook on loan growth and fee income expansion.
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- Net Income Growth: Orrstown Financial Services reported a net income of $21.8 million for Q1 2026, translating to earnings of $1.12 per diluted share, demonstrating the company's ability to maintain strong profitability in a competitive market, thereby reinforcing its market position.
- Loan and Deposit Dynamics: Loan growth was steady at an annualized rate of 4%, although unexpected loan prepayments impacted overall growth; however, deposits increased by $98.7 million, which is expected to reduce future funding costs and positively impact the second quarter.
- Expense Control Effectiveness: Noninterest expenses decreased by $700,000 to $36.7 million, indicating the company's ongoing efforts to enhance operational efficiency, which is expected to support future profitability.
- Outlook and Guidance: Management maintained the 2026 net interest margin guidance at 3.90% to 4.00% and anticipates further growth potential as funding costs decline, reflecting the company's confidence in future developments.
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- Strong Earnings Performance: Orrstown Financial reported a Q1 GAAP EPS of $1.12, beating expectations by $0.11, which reflects robust profitability and boosts investor confidence in the company's financial health.
- Significant Revenue Growth: The company achieved revenues of $64.58 million in Q1, representing a 6.9% year-over-year increase and exceeding expectations by $14.18 million, indicating sustained competitive strength in the market.
- Increase in Loans and Deposits: Total loans rose by $40.6 million, or approximately 4% annualized, while deposits increased by $98.7 million as of March 31, 2026, showcasing enhanced customer trust and recovering market demand, thereby strengthening the company's funding base.
- Enhanced Shareholder Returns: The Board declared a cash dividend of $0.30 per common share, payable on May 12, 2026, reflecting the company's commitment to shareholders and its solid financial position alongside ongoing profitability.
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- Earnings Release Schedule: Orrstown Financial Services plans to report its Q1 2026 earnings after market close on April 21, 2026, which is expected to provide crucial insights into the company's financial performance, aiding investors in assessing future prospects.
- Conference Call Timing: Management will host a conference call and webcast on April 22, 2026, at 9:00 AM ET to discuss the earnings report in detail and answer investor questions, thereby enhancing transparency and investor confidence.
- Participation Options: Investors can join the meeting via telephone or through the webcast link, with dial-in options available for multiple countries, ensuring global investor accessibility and improving information reach.
- Company Background: With $5.6 billion in assets, Orrstown Financial Services offers a diverse range of financial services across several counties in Pennsylvania and Maryland, demonstrating its strong regional market presence and potential for business expansion.
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- Record Net Income: Orrstown achieved its highest annual net income of $80.9 million in its 106-year history, translating to $4.18 per diluted share, showcasing the company's success in risk management and revenue diversification, thereby enhancing confidence in future growth.
- Expense and Income Growth: The fourth quarter net income was $21.5 million or $1.11 per diluted share, with noninterest income comprising 22% of operating revenue for the third consecutive quarter, indicating effective strategies in enhancing customer service and revenue streams.
- Loan and Capital Management: The loan growth target for 2026 is set at over 5%, with a 4% increase in loans for the fourth quarter, and strong capital ratios reflecting the company's robust financial health amidst market fluctuations, which boosts investor confidence.
- Future Outlook: The CFO projected a net interest margin of 3.90% to 4% for 2026, despite anticipated compression, while expressing optimism about exceeding analyst consensus, indicating resilience and strategic flexibility in an uncertain market environment.
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- Dividend Increase: Orrstown Financial has declared a quarterly dividend increase from $0.27 to $0.30 per share, representing an 11.1% rise, which reflects the company's ongoing profitability improvement and boosts investor confidence.
- Stable Yield: The forward yield of 3.33% not only attracts income-seeking investors but also enhances the stock's market appeal, potentially driving up its price.
- Payment Schedule: The new dividend will be payable on February 17, with a record date of February 10 and an ex-dividend date also on February 10, ensuring shareholders receive timely returns and reinforcing their willingness to hold shares.
- Historical Performance: The dividend growth of Orrstown Financial underscores its robust financial health and sustained profitability, further solidifying its competitive position in the financial services sector.
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