Company Description
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 real estate investment trust (REIT) for the United States federal income tax purposes.
As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to stockholders, if it annually distributes dividends equal to at least 90% of its REIT taxable income to its stockholders.
Orchid Island Capital, Inc. was incorporated in 2010 and is headquartered in Vero Beach, Florida.
| Country | United States |
| Founded | 2010 |
| IPO Date | Feb 14, 2013 |
| Industry | REIT - Mortgage |
| Sector | Real Estate |
| CEO | Robert Cauley |
Contact Details
Address: 3305 Flamingo Drive Vero Beach, Florida 32963 United States | |
| Phone | 772 231 1400 |
| Website | orchidislandcapital.com |
Stock Details
| Ticker Symbol | ORC |
| Exchange | NYSE |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0001518621 |
| CUSIP Number | 68571X301 |
| ISIN Number | US68571X3017 |
| Employer ID | 27-3269228 |
| SIC Code | 6798 |
Key Executives
| Name | Position |
|---|---|
| Robert E. Cauley C.F.A., CPA | Chairman, President and Chief Executive Officer |
| George Hunter Haas IV | Chief Financial Officer, Chief Investment Officer, Secretary and Director |
| Jerry M. Sintes CPA | Vice President and Treasurer |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Nov 13, 2024 | 8-K | Current Report |
| Nov 12, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Nov 4, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Oct 25, 2024 | 10-Q | Quarterly Report |
| Oct 24, 2024 | 8-K | Current Report |
| Oct 16, 2024 | 8-K | Current Report |
| Sep 10, 2024 | 8-K | Current Report |
| Aug 14, 2024 | 8-K | Current Report |
| Jul 26, 2024 | 10-Q | Quarterly Report |
| Jul 25, 2024 | 8-K | Current Report |