Orchid Island Capital, Inc. (ORC)

NYSE: ORC · Real-Time Price · USD
8.33
+0.01 (0.12%)
Sep 16, 2024, 4:00 PM EDT - Market closed
0.12%
Market Cap 594.25M
Revenue (ttm) -21.38M
Net Income (ttm) -38.21M
Shares Out 71.34M
EPS (ttm) -0.73
PE Ratio n/a
Forward PE n/a
Dividend $1.44 (17.29%)
Ex-Dividend Date Sep 30, 2024
Volume 2,226,937
Open 8.33
Previous Close 8.32
Day's Range 8.25 - 8.34
52-Week Range 5.90 - 9.62
Beta 1.85
Analysts Buy
Price Target 9.50 (+14.05%)
Earnings Date Oct 24, 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 14.05% from the latest price.

Price Target
$9.5
(14.05% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 ...

7 days ago - Business Wire

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 ...

4 weeks ago - Business Wire

Bashing Big Yielders

Dividends need to be sustained to create value. We're highlighting a company that regularly falls short. I made some mistakes many years ago and I want to address them so we can all learn from them.

6 weeks ago - Seeking Alpha

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...

7 weeks ago - Seeking Alpha

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 ...

7 weeks ago - Seeking Alpha

81 Monthly Paid Dividend Stocks And 80 MoPay Funds For July

Imagine stocks and funds paying you dividends monthly! Unlike waiting for quarterly, semi-annual, or (ugh) annual payouts, your angst awaiting money is reduced 300%, or more! These July U.S. exchange-...

7 weeks ago - Seeking Alpha

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...

7 weeks ago - Business Wire

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...

7 weeks ago - Seeking Alpha

Mortgage REITs Surging

After a terrible start to the year, mortgage REITs are hot in July. Don't tell ORC. They missed most of the rally. If only it was an opportunity to destroy book value. They're so good at that. Quick c...

2 months ago - Seeking Alpha

Readers Identify 30 Ideal June Dividend Buys Out Of 40 Nods

Prior to June 30, 2024, my REaders mentioned 40 equities in their comments on my articles. Some bad news investments (ROgues) mixed with (mostly) FAvorites. Thus, readers commented about the ReFa/Ro. ...

2 months ago - Seeking Alpha

12%+ Dividend Yields Duel

This is a head-to-head battle between two of the high yielders. Both are at least over 12%. This is a lesson in evaluating similar shares for differences in valuation. The emphasis here is on the chan...

2 months ago - Seeking Alpha

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 ...

2 months 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...

2 months 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...

2 months 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 ...

3 months ago - Business Wire

Readers Identify 23 Ideal April Dividend Buys

Prior to April 30, 2024, my Readers mentioned 31 equities in their comments on my articles. Some bad-news investments (Rogues) mixed with (mostly) Favorites. Thus, they remarked about the ReFa/Ro. Ten...

4 months ago - Seeking Alpha

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 ...

4 months ago - Business Wire

84 Monthly Paid Dividend Stocks And 80 Funds For April

Imagine stocks & funds that pay dividends monthly! Unlike waiting for quarterly, semi-annual, or (ugh) annual payouts, your angst awaiting money is alleviated by 300%, or more! These April U.S. exchan...

5 months ago - Seeking Alpha

Orchid Island Capital, Inc. (ORC) Q1 2024 Earnings Call Transcript

Orchid Island Capital, Inc. (NYSE:ORC) Q1 2024 Results Conference Call April 26, 2024 10:00 AM ET Company Participants Robert Cauley - Chairman and CEO Hunter Haas - CFO Conference Call Participants ...

5 months ago - Seeking Alpha

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...

5 months ago - Business Wire

Huge Disparity In These 2 REITs

We're looking at two REITs with similar portfolios and a 20% difference in valuation. For these REITs, we believe changes in book value were pretty small during Q1 2024.

5 months ago - Seeking Alpha

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 ...

5 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...

5 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...

5 months ago - Business Wire

February Readers Noted 22 Ideal-To-Buy Dividend Dogs

Prior to February 29, 2024 my REaders mentioned 32 equities in their comments on my articles. Some bad-news investments (ROgues) mixed with (mostly) FAvorites. Thus, these are ReFa/Ro. Ten analyst-tar...

6 months ago - Seeking Alpha