Orchid Island Capital, Inc. (ORC)
| Market Cap | 622.82M |
| Revenue (ttm) | 75.70M |
| Net Income (ttm) | 59.24M |
| Shares Out | 78.54M |
| EPS (ttm) | 1.01 |
| PE Ratio | 7.84 |
| Forward PE | 22.39 |
| Dividend | $1.44 (18.16%) |
| Ex-Dividend Date | Nov 29, 2024 |
| Volume | 7,592,849 |
| Open | 7.80 |
| Previous Close | 7.84 |
| Day's Range | 7.77 - 8.06 |
| 52-Week Range | 7.41 - 9.08 |
| Beta | 1.84 |
| Analysts | Buy |
| Price Target | 9.50 (+19.8%) |
| 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 19.80% from the latest price.
News
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 ...
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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...
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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 ...
81 Monthly Paid Dividend Stocks And 80 MoPay Funds For July
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Orchid Island Capital Announces Second Quarter 2024 Results
VERO BEACH, Fla.--(BUSINESS WIRE)--Orchid Island Capital, Inc. (NYSE:ORC) ("Orchid” or the "Company"), a real estate investment trust ("REIT"), today announced results of operations for the three mont...
Assessing Orchid Island's Performance For Q2 2024
Orchid Island Capital, Inc.'s BV matched my/our expectations (well within range; only a $0.02 per share variance). ORC's core earnings equivalent also matched expectations (less than a $0.005 per shar...
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