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NASDAQ:OBT

Orange County Bancorp (OBT) Stock Price, News & Analysis

Orange County Bancorp logo
$58.79 -1.01 (-1.69%)
(As of 11/20/2024 ET)

About Orange County Bancorp Stock (NASDAQ:OBT)

Key Stats

Today's Range
$58.30
$60.00
50-Day Range
$52.90
$63.80
52-Week Range
$41.00
$66.11
Volume
23,369 shs
Average Volume
17,494 shs
Market Capitalization
$333.34 million
P/E Ratio
11.48
Dividend Yield
1.56%
Price Target
$66.00
Consensus Rating
Buy

Company Overview

Orange County Bancorp, Inc., through its subsidiaries, provides commercial and consumer banking products and services, and trust and wealth management services to small businesses, middle-market enterprises, local municipal governments, and individuals. It accepts various deposits, including interest-bearing and noninterest-bearing demand accounts, money market deposit accounts, savings accounts, and certificates of deposit. The company also offers commercial real estate loans, commercial and industrial loans, commercial real estate construction loans, residential real estate loans, home equity loans, and consumer loans. In addition, it provides traditional trust and administration, asset management, financial planning, and wealth management services. The company operates full-service branches and loan production office in Orange, Westchester, Rockland, and Bronx counties in New York. Orange County Bancorp, Inc. was founded in 1892 and is headquartered in Middletown, New York.

Orange County Bancorp Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
71st Percentile Overall Score

OBT MarketRank™: 

Orange County Bancorp scored higher than 71% of companies evaluated by MarketBeat, and ranked 375th out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Orange County Bancorp has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Orange County Bancorp has only been the subject of 1 research reports in the past 90 days.

  • Read more about Orange County Bancorp's stock forecast and price target.
  • Earnings Growth

    Earnings for Orange County Bancorp are expected to grow by 5.16% in the coming year, from $5.43 to $5.71 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Orange County Bancorp is 11.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.79.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Orange County Bancorp is 11.48, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 45.86.

  • Price to Book Value per Share Ratio

    Orange County Bancorp has a P/B Ratio of 1.73. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Orange County Bancorp's valuation and earnings.
  • Percentage of Shares Shorted

    0.90% of the float of Orange County Bancorp has been sold short.
  • Short Interest Ratio / Days to Cover

    Orange County Bancorp has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Orange County Bancorp has recently increased by 10.09%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Orange County Bancorp pays a meaningful dividend of 1.54%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Orange County Bancorp does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Orange County Bancorp is 17.97%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Orange County Bancorp will have a dividend payout ratio of 16.11% next year. This indicates that Orange County Bancorp will be able to sustain or increase its dividend.

  • Read more about Orange County Bancorp's dividend.
  • Percentage of Shares Shorted

    0.90% of the float of Orange County Bancorp has been sold short.
  • Short Interest Ratio / Days to Cover

    Orange County Bancorp has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Orange County Bancorp has recently increased by 10.09%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Orange County Bancorp has a news sentiment score of 0.25. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.76 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for Orange County Bancorp this week, compared to 0 articles on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, Orange County Bancorp insiders have sold 162.34% more of their company's stock than they have bought. Specifically, they have bought $22,268.00 in company stock and sold $58,417.00 in company stock.

  • Percentage Held by Insiders

    10.50% of the stock of Orange County Bancorp is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    42.55% of the stock of Orange County Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Orange County Bancorp's insider trading history.
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OBT Stock News Headlines

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OBT Stock Analysis - Frequently Asked Questions

Orange County Bancorp's stock was trading at $60.24 at the beginning of the year. Since then, OBT shares have decreased by 2.4% and is now trading at $58.79.
View the best growth stocks for 2024 here
.

Orange County Bancorp, Inc. (NASDAQ:OBT) announced its earnings results on Wednesday, October, 30th. The company reported $0.57 earnings per share for the quarter, missing the consensus estimate of $1.43 by $0.86. The company had revenue of $35.61 million for the quarter, compared to the consensus estimate of $26.60 million. Orange County Bancorp had a trailing twelve-month return on equity of 16.37% and a net margin of 20.31%.

Orange County Bancorp (OBT) raised $30 million in an IPO on Thursday, August 5th 2021. The company issued 900,000 shares at $32.00-$35.00 per share.

Orange County Bancorp's top institutional shareholders include Hudson Valley Investment Advisors Inc. ADV (10.65%), Banc Funds Co. LLC (5.09%), The Manufacturers Life Insurance Company (2.18%) and Geode Capital Management LLC (1.97%). Insiders that own company stock include Michael J Gilfeather, Michael J Coulter, Gregory Sousa and Michael Listner.
View institutional ownership trends
.

Shares of OBT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Orange County Bancorp investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Adobe (ADBE), Arista Networks (ANET), ServiceNow (NOW) and Advanced Micro Devices (AMD).

Company Calendar

Ex-Dividend for 9/16 Dividend
9/04/2024
Dividend Payable
9/16/2024
Last Earnings
10/30/2024
Today
11/21/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
1/29/2025

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
Banking
Current Symbol
NASDAQ:OBT
Fax
N/A
Employees
210
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$66.00
High Stock Price Target
$66.00
Low Stock Price Target
$66.00
Potential Upside/Downside
+12.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$29.48 million
Pretax Margin
25.74%

Debt

Sales & Book Value

Annual Sales
$131.19 million
Cash Flow
$6.38 per share
Book Value
$34.03 per share

Miscellaneous

Free Float
5,078,000
Market Cap
$333.34 million
Optionable
Not Optionable
Beta
0.36
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This page (NASDAQ:OBT) was last updated on 11/21/2024 by MarketBeat.com Staff
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