Orchid Island Capital, Inc. (ORC)

NYSE: ORC · IEX Real-Time Price · USD
8.48
-0.10 (-1.17%)
At close: Jul 19, 2024, 4:00 PM
8.53
+0.05 (0.59%)
Pre-market: Jul 22, 2024, 7:33 AM EDT
-1.17%
Market Cap 566.88M
Revenue (ttm) -5.72M
Net Income (ttm) -22.98M
Shares Out 66.85M
EPS (ttm) -0.36
PE Ratio n/a
Forward PE n/a
Dividend $1.44 (16.98%)
Ex-Dividend Date Jul 31, 2024
Volume 1,283,134
Open 8.57
Previous Close 8.58
Day's Range 8.35 - 50.00
52-Week Range 5.90 - 11.27
Beta 1.86
Analysts Buy
Price Target 9.50 (+12.03%)
Earnings Date Jul 25, 2024

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]

Industry REIT - Mortgage
Sector Real Estate
IPO Date Feb 14, 2013
Country United States
Stock Exchange NYSE
Ticker Symbol ORC
Full Company Profile

Financial Performance

Financial Statements

Analyst 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 12.03% from the latest price.

Price Target
$9.5
(12.03% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Orchid Island Capital Announces Estimated Second Quarter 2024 Results, July 2024 Monthly Dividend and June 30, 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 ...

11 days ago - Business Wire

Kyocera Introduces Cutting-Edge Peltier Module with 21% Increase in Cooling Performance

KYOTO, Japan--(BUSINESS WIRE)--Kyocera Corporation (President: Hideo Tanimoto, hereinafter: Kyocera)(TOKYO:6971) today introduced a new Peltier (thermoelectric) module with improved heat absorption. T...

11 days ago - Business Wire

Orchid Island Capital to Announce 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 that it will release results for the sec...

11 days ago - Business Wire

Orchid Island Capital Announces June 2024 Monthly Dividend and May 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 ...

5 weeks ago - Business Wire

Orchid Island Capital Announces May 2024 Monthly Dividend and April 30, 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 ...

2 months ago - Business Wire

Orchid Island Capital Announces First 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...

3 months ago - Business Wire

Orchid Island Capital Announces Estimated First Quarter 2024 Results, April 2024 Monthly Dividend and March 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 ...

3 months ago - Business Wire

Bimini Capital Management to Announce First Quarter 2024 Results

VERO BEACH, Fla.--(BUSINESS WIRE)--Bimini Capital Management, Inc. (OTCQB:BMNM) ("Bimini” or the "Company"), today announced that it will release results for the first quarter of 2024 following the cl...

3 months ago - Business Wire

Orchid Island Capital to Announce First 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 that it will release results for the fir...

3 months ago - Business Wire

Orchid Island Capital Announces March 2024 Monthly Dividend and February 29, 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 ...

4 months ago - Business Wire

Orchid Island Capital Announces February 2024 Monthly Dividend and January 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 ...

5 months ago - Business Wire

Orchid Island Capital Announces Fourth Quarter 2023 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 and ...

6 months ago - Business Wire

Orchid Island Capital to Announce Fourth Quarter 2023 Results

VERO BEACH, Fla.--(BUSINESS WIRE)--Orchid Island Capital, Inc. (NYSE:ORC) ("Orchid” or the "Company"), a real estate investment trust ("REIT"), today announced that it will release results for the fou...

6 months ago - Business Wire

Orchid Island Capital Announces Estimated Fourth Quarter 2023 Results, January 2024 Monthly Dividend and December 31, 2023 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 ...

6 months ago - Business Wire

Orchid Island Capital Announces December 2023 Monthly Dividend and November 30, 2023 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 ...

7 months ago - Business Wire

KBW Announces Index Rebalancing for Fourth-Quarter 2023

NEW YORK, Dec. 08, 2023 (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...

8 months ago - GlobeNewsWire

Orchid Island Capital Announces November 2023 Monthly Dividend and October 31, 2023 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 ...

8 months ago - Business Wire

Orchid Island Capital Provides Clarification on Dividends

VERO BEACH, Fla.--(BUSINESS WIRE)--Orchid Island Capital, Inc. (the “Company”) (NYSE: ORC) today issued the following clarification regarding dividends that have been declared by the Board of Director...

9 months ago - Business Wire

Orchid Island Capital Announces Third Quarter 2023 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...

9 months ago - Business Wire

Orchid Island Capital Announces Estimated Third Quarter 2023 Results, October 2023 Monthly Dividend and September 30, 2023 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 ...

10 months ago - Business Wire

Orchid Island Capital to Announce Third Quarter 2023 Results

VERO BEACH, Fla.--(BUSINESS WIRE)--Orchid Island Capital, Inc. (NYSE:ORC) ("Orchid” or the "Company"), a real estate investment trust ("REIT"), today announced that it will release results for the thi...

10 months ago - Business Wire

Orchid Island Capital Announces September 2023 Monthly Dividend and August 31, 2023 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 ...

11 months ago - Business Wire

Orchid Island Capital Announces August 2023 Monthly Dividend and July 31, 2023 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 ...

1 year ago - Business Wire

Orchid Island Capital Announces Second Quarter 2023 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...

1 year ago - Business Wire

Orchid Island Capital Announces Estimated Second Quarter 2023 Results, July 2023 Monthly Dividend and June 30, 2023 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 ...

1 year ago - Business Wire