Orchid Island Capital, Inc. (ORC)
| Market Cap | 677.76M |
| Revenue (ttm) | 75.70M |
| Net Income (ttm) | 59.24M |
| Shares Out | 84.61M |
| EPS (ttm) | 1.01 |
| PE Ratio | 7.92 |
| Forward PE | 22.61 |
| Dividend | $1.44 (17.98%) |
| Ex-Dividend Date | Dec 31, 2024 |
| Volume | 2,523,070 |
| Open | 7.97 |
| Previous Close | 7.93 |
| Day's Range | 7.94 - 8.04 |
| 52-Week Range | 7.41 - 9.08 |
| Beta | 1.83 |
| Analysts | Buy |
| Price Target | 9.50 (+18.6%) |
| Earnings Date | Jan 30, 2025 |
About ORC
Orchid Island Capital, Inc., a specialty finance company, invests in residential mortgage-backed securities (RMBS) in the United States. The company’s RMBS is backed by single-family residential mortgage loans, referred as Agency RMBS. Its portfolio includes traditional pass-through Agency RMBS, such as mortgage pass through certificates and collateralized mortgage obligations; and structured Agency RMBS comprising interest only securities, inverse interest only securities, and principal only securities. The company has elected to be taxed as a... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for ORC stock is "Buy." The 12-month stock price forecast is $9.5, which is an increase of 18.60% from the latest price.
News
Orchid Island Capital: Beware The High Yield Trap
Orchid Island Capital, Inc. attracts investors with a high yield but traps them with capital losses due to a declining share price, making it difficult to sell. ORC is poorly managed compared to peers...
High Yield REITs Whacked By Higher Rates
Despite a single day of declining rates, the trend higher brought even more damage to mortgage REITs. Some may see book value fall by as much as 10% or more, but the average will probably be around th...
Orchid Island Capital To Announce Fourth Quarter 2024 Results
VERO BEACH, Fla., Jan. 13, 2025 (GLOBE NEWSWIRE) -- Orchid Island Capital, Inc. (NYSE:ORC) ("Orchid” or the "Company"), a real estate investment trust ("REIT"), today announced that it will release re...
Orchid Island Capital Announces Estimated Fourth Quarter 2024 Results January 2025 Monthly Dividend and December 31, 2024 RMBS Portfolio Characteristics
VERO BEACH, Fla., Jan. 08, 2025 (GLOBE NEWSWIRE) -- Orchid Island Capital, Inc. (the “Company”) (NYSE: ORC) announced today that the Board of Directors of the Company declared a monthly cash dividend ...
4 Of 35 Safe-Buy Dividend Power Dogs In January
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86 MoPay Dividend Stocks, 80 Funds And 25 'Safer' Buys From December
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KBW Announces Index Rebalancing for Fourth-Quarter 2024
NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel F...
Orchid Island Capital Announces December 2024 Monthly Dividend and November 30, 2024 RMBS Portfolio Characteristics
VERO BEACH, Fla., Dec. 10, 2024 (GLOBE NEWSWIRE) -- Orchid Island Capital, Inc. (the “Company”) (NYSE: ORC) announced today that the Board of Directors of the Company declared a monthly cash dividend ...
Of 36 Dividend Power Dogs, 11 Are Buyable In November
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24 November Ideal 'Safer' MoPay Dividend Dogs From 87 Equities And 80 Funds
Imagine stocks and funds paying you dividends monthly! Your angst awaiting payout is reduced 300%, or more, compared to quarterly, semi-annual, or (ugh) annual doles! These November U.S. exchanged mon...
Assessing Orchid Island's Preliminary Results For Q3 2024
Orchid Island Capital reported a disappointing Q3 2024 with a 2.1% BV decrease, contrary to my projected 0.8% increase. ORC's strategy of purchasing higher coupon MBS negatively impacted BV, and the l...
Orchid Island Capital Announces November 2024 Monthly Dividend and October 31, 2024 RMBS Portfolio Characteristics
VERO BEACH, Fla., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Orchid Island Capital, Inc. (the “Company”) (NYSE: ORC) announced today that the Board of Directors of the Company declared a monthly cash dividend ...
Orchid Island Capital, Inc. (ORC) Q3 2024 Earnings Call Transcript
Orchid Island Capital, Inc. (NYSE:ORC) Q3 2024 Earnings Conference Call October 25, 2024 10:00 AM ET Company Participants Robert Cauley - Chairman and CEO Hunter Haas - CFO Conference Call Participan...
Orchid Island Capital Announces Third Quarter 2024 Results
VERO BEACH, Fla., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Orchid Island Capital, Inc. (NYSE:ORC) ("Orchid” or the "Company"), a real estate investment trust ("REIT"), today announced results of operations f...
Readers Identify 25 Ideal September Dividend Buys Out Of 39 Picks
Since May 2017, any dividend-paying stock mentioned by readers is included in my reader favorite listings, highlighting potential opportunities and risks. My stock lists aim to identify promising divi...
Orchid Island Capital Announces Estimated Third Quarter 2024 Results, October 2024 Monthly Dividend and September 30, 2024 RMBS Portfolio Characteristics
VERO BEACH, Fla., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Orchid Island Capital, Inc. (the “Company”) (NYSE: ORC) announced today that the Board of Directors of the Company declared a monthly cash dividend ...
Orchid Island Capital to Announce Third Quarter 2024 Results
VERO BEACH, Fla., Oct. 07, 2024 (GLOBE NEWSWIRE) -- Orchid Island Capital, Inc. (NYSE:ORC) ("Orchid” or the "Company"), a real estate investment trust ("REIT"), today announced that it will release re...
Orchid Island Capital Announces September 2024 Monthly Dividend and August 31, 2024 RMBS Portfolio Characteristics
VERO BEACH, Fla.--(BUSINESS WIRE)--Orchid Island Capital, Inc. (the “Company”) (NYSE: ORC) announced today that the Board of Directors of the Company declared a monthly cash dividend for the month of ...
Orchid Island Capital Announces August 2024 Monthly Dividend and July 31, 2024 RMBS Portfolio Characteristics
VERO BEACH, Fla.--(BUSINESS WIRE)--Orchid Island Capital, Inc. (the “Company”) (NYSE: ORC) announced today that the Board of Directors of the Company declared a monthly cash dividend for the month of ...
Orchid Island Capital: Q2 Earnings Show No Signs Of Turning Around
Orchid Island Capital reported a net loss of 9 cents per share, with book value dropping from $9.12 to $8.58 and a total return margin of -1.97%. The company's high leverage, share dilution, and overp...
Orchid Island Capital, Inc. (ORC) Q2 2024 Earnings Call Transcript
Orchid Island Capital, Inc. (NYSE:ORC) Q2 2024 Earnings Conference Call July 26, 2024 10:00 AM ET Company Participants Robert Cauley - Chairman and CEO Hunter Haas - CFO Conference Call Participants ...