Orchid Island Capital, Inc. (ORC)

NYSE: ORC · Real-Time Price · USD

8.18

+0.13 (1.61%)

At close: Sep 26, 2024, 4:00 PM

8.20

+0.02 (0.24%)

After-hours: Sep 26, 2024, 6:35 PM EDT

Orchid Island Capital Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for ORC stock has a target of 9.50, which predicts an increase of 16.14% from the current stock price of 8.18.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$9.50	$9.50	$9.50	$9.50
Change	+16.14%	+16.14%	+16.14%	+16.14%

* Price targets were last updated on Jun 6, 2024.

Analyst Ratings

The average analyst rating for ORC stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Apr '24	May '24	Jun '24	Jul '24	Aug '24	Sep '24
Strong Buy	0	0	1	1	1	1
Buy	0	0	0	0	0	0
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	1	2	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Trevor Cranston JMP Securities	JMP Securities	Hold Reiterates n/a	Hold	Reiterates	n/a	n/a	Aug 28, 2024
Jason Stewart Janney Montgomery Scott	Janney Montgomery Scott	Strong Buy Initiates $9.5	Strong Buy	Initiates	$9.5	+16.14%	Jun 6, 2024
Trevor Cranston JMP Securities	JMP Securities	Hold Reiterates n/a	Hold	Reiterates	n/a	n/a	Apr 19, 2024
Trevor Cranston JMP Securities	JMP Securities	Hold Reiterates n/a	Hold	Reiterates	n/a	n/a	Apr 18, 2024
Jason Stewart JonesTrading	JonesTrading	Hold Reiterates n/a	Hold	Reiterates	n/a	n/a	Jan 17, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

-2.86M

Revenue Next Year

35.40M

from -2.86M

EPS This Year

-0.29

from -0.88

EPS Next Year

0.35

from -0.29

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025
Revenue	-	-	-	-	-	-2.86M	35.40M
Revenue Growth	-	-63.43%	-	-	-	-	-
EPS	2.15	0.16	-2.67	-6.90	-0.88	-0.29	0.35
EPS Growth	-	-92.65%	-	-	-	-	-
Forward PE	-	-	-	-	-	-	23.14
No. Analysts	-	-	-	-	-	5	5

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025
High	5.7M	93.2M
Avg	-2.9M	35.4M
Low	-14.3M	8.0M

Revenue Growth

Revenue Growth	2024	2025
High	-	-
Avg	-	-
Low	-	-

EPS Forecast

EPS	2024	2025
High	-0.22	0.91
Avg	-0.29	0.35
Low	-0.36	0.06

EPS Growth

EPS Growth	2024	2025
High	-	-
Avg	-	-
Low	-	-

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.