Orchid Island Capital, Inc. (ORC)

NYSE: ORC · IEX Real-Time Price · USD
9.14
-0.16 (-1.72%)
At close: Sep 27, 2022 4:00 PM
9.43
+0.29 (3.17%)
After-hours: Sep 27, 2022 5:30 PM EDT
-1.72%
Market Cap 322.19M
Revenue (ttm) -209.71M
Net Income (ttm) -227.39M
Shares Out 35.25M
EPS (ttm) -1.28
PE Ratio n/a
Forward PE n/a
Dividend $0.85 (9.30%)
Ex-Dividend Date Sep 29, 2022
Volume 1,130,570
Open 9.37
Previous Close 9.30
Day's Range 9.02 - 9.65
52-Week Range 9.02 - 25.30
Beta 1.34
Analysts Sell
Price Target 21.68 (+137.2%)
Earnings Date Oct 26, 2022

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 qualifies as a real estate i... [Read more...]

Industry Mortgage Real Estate Investment Trusts (REITs)
IPO Date Feb 14, 2013
CEO Robert Cauley
Employees 2,021
Stock Exchange NYSE
Ticker Symbol ORC
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for ORC stock is "Sell." The 12-month stock price forecast is 21.68, which is an increase of 137.20% from the latest price.

Price Target
$21.68
(137.20% upside)
Analyst Consensus: Sell
Stock Forecasts

News

2 Double Digit REITS To Benefit From The Rise In Interest Rates - Chicago Atlantic Real (NASDAQ:REFI), Orchid Island ...

As real estate investment trusts (REITs) are required to distribute 90% of their taxable income to shareholders through dividend payments, and the rise in interest rates should prove to be a positive ca...

Other symbols: REFI
1 week ago - Benzinga

Orchid Island Capital Announces September 2022 Monthly Dividend and August 31, 2022 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 Se...

2 weeks ago - Business Wire

Orchid Island Capital Completes One-for-five Reverse Stock Split

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 has completed the previously annou...

4 weeks ago - Business Wire

CORRECTING and REPLACING Orchid Island Capital Announces One-for-five Reverse Stock Split, August 2022 Monthly Divide...

VERO BEACH, Fla.--(BUSINESS WIRE)--Fourth paragraph, second sentence of release should read: "The estimated book value per share includes a deduction for the Company's July 2022 dividend of $0.045 per s...

1 month ago - Business Wire

Orchid Island Capital Announces One-for-five Reverse Stock Split, August 2022 Monthly Dividend and July 31, 2022 RMBS...

VERO BEACH, Fla.--(BUSINESS WIRE)--Orchid Island Capital, Inc. (the “Company”) (NYSE: ORC) announced today that the Board of Directors of the Company (the “Board”) approved a reverse stock split of the ...

1 month ago - Business Wire

Orchid Island Capital Announces Second Quarter 2022 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 month ...

1 month ago - Business Wire

Bimini Capital Management to Announce Second Quarter 2022 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 second quarter of 2022 following the clo...

2 months ago - Business Wire

Orchid Island Capital to Announce Second Quarter 2022 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 secon...

2 months ago - Business Wire

Orchid Island Capital Announces Estimated Second Quarter 2022 Results, July 2022 Monthly Dividend and June 30, 2022 R...

VERO BEACH, Fla.--(BUSINESS WIRE)--Orchid Island Capital, Inc. (the “Company”) (NYSE: ORC) announced today that the Board of Directors (the “Board”) declared a monthly cash dividend for the month of Jul...

2 months ago - Business Wire

7 Dividend Stocks to Avoid Despite Their Juicy Yields

Amongst the high yielders (dividend yield of 5% or higher), these seven should be considered dividend stocks to avoid. The post 7 Dividend Stocks to Avoid Despite Their Juicy Yields appeared first on In...

Other symbols: ARIBGSCCOIHCSGJOANVGR
3 months ago - InvestorPlace

CORRECTING and REPLACING Orchid Island Capital Announces June 2022 Monthly Dividend and May 31, 2022 RMBS Portfolio C...

VERO BEACH, Fla.--(BUSINESS WIRE)--The table describing the Company's hedges in the release issued June 14, 2022, incorrectly labeled the Company's interest rate swaps ''TBA'' and incorrectly labeled th...

3 months ago - Business Wire

Orchid Island Capital Announces June 2022 Monthly Dividend and May 31, 2022 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 (the “Board”) declared a monthly cash dividend for t...

3 months ago - Business Wire

Monthly Dividend-Payers With Double-Digit Yields

For sophisticated income investors willing to accept high risk in exchange for high yield, Bob Ciura, a contributor to MoneyShow.com and editor at Sure Dividend, highlights 5 stocks that offer double-di...

Other symbols: AGNCARREARNEFC
3 months ago - Forbes

Orchid Island Capital Announces May 2022 Monthly Dividend and April 30, 2022 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 (the “Board”) declared a monthly cash dividend for t...

4 months ago - Business Wire

Orchid Island Capital Announces First Quarter 2022 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 month ...

4 months ago - Business Wire

7 F-Rated Penny Stocks Not Worth the Gamble

It's a new market, and not every bargain is an opportunity to jump in. The post 7 F-Rated Penny Stocks Not Worth the Gamble appeared first on InvestorPlace.

Other symbols: BBLNHIPOINOQRTEAREE
5 months ago - InvestorPlace

Bimini Capital Management to Announce First Quarter 2022 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 2022 following the clos...

5 months ago - Business Wire

Orchid Island Capital Announces Estimated First Quarter 2022 Results, April 2022 Monthly Dividend and March 31, 2022 ...

VERO BEACH, Fla.--(BUSINESS WIRE)--Orchid Island Capital, Inc. (the “Company”) (NYSE: ORC) announced today that the Board of Directors (the “Board”) declared a monthly cash dividend for the month of Apr...

5 months ago - Business Wire

Orchid Island Capital to Announce First Quarter 2022 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 first...

5 months ago - Business Wire

Orchid Island Capital Announces March 2022 Monthly Dividend, and February 28, 2022 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 (the “Board”) declared a monthly cash dividend for t...

6 months ago - Business Wire

4 High-Yield Dividend Stocks To Leave Behind

Over longer time periods, dividend stock prices tend to follow their dividends—for better or for worse.

Other symbols: ETRNPBIVGR
6 months ago - Forbes

Orchid Island Capital Announces Fourth Quarter 2021 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 month ...

7 months ago - Business Wire

Orchid Island Capital Announces February 2022 Monthly Dividend and January 31, 2022 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 (the “Board”) declared a monthly cash dividend for t...

7 months ago - Business Wire

Bimini Capital Management to Announce Fourth Quarter 2021 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 fourth quarter of 2021 following the clo...

7 months ago - Business Wire

Orchid Island Capital to Announce Fourth Quarter 2021 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 fourt...

8 months ago - Business Wire