Orchid Island Capital, Inc. (ORC)

NYSE: ORC · IEX Real-Time Price · USD

8.33

+0.03 (0.36%)

At close: Jul 2, 2024, 4:00 PM

8.36

+0.03 (0.36%)

Pre-market: Jul 3, 2024, 7:00 AM EDT

Orchid Island Capital Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for ORC stock has a target of 9.50, which predicts an increase of 14.05% from the current stock price of 8.33.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$9.50	$9.50	$9.50	$9.50
Change	+14.05%	+14.05%	+14.05%	+14.05%

Analyst Ratings

The average analyst rating for ORC stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '24	Feb '24	Mar '24	Apr '24	May '24	Jun '24
Strong Buy	0	0	0	0	0	1
Buy	0	0	0	0	0	0
Hold	2	2	2	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	2	1	1	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jason Stewart Janney Montgomery Scott	Janney Montgomery Scott	Strong Buy Initiates $9.5	Strong Buy	Initiates	$9.5	+14.05%	Jun 6, 2024
Trevor Cranston JMP Securities	JMP Securities	Hold Reiterates n/a	Hold	Reiterates	n/a	n/a	Apr 19, 2024
Trevor Cranston JMP Securities	JMP Securities	Hold Reiterates n/a	Hold	Reiterates	n/a	n/a	Apr 18, 2024
Jason Stewart JonesTrading	JonesTrading	Hold Reiterates n/a	Hold	Reiterates	n/a	n/a	Jan 17, 2023
Christopher Nolan Ladenburg Thalmann	Ladenburg Thalmann	Strong Buy → Hold Downgrades n/a	Strong Buy → Hold	Downgrades	n/a	n/a	Aug 8, 2022

More Analyst Ratings

Financial Forecast

Revenue This Year

-7.92M

from -20.70M

Revenue Next Year

16.67M

from -7.92M

EPS This Year

-0.30

from -0.89

EPS Next Year

0.11

from -0.30

Year	2019	2020	2021	2022	2023	2024	2025
Revenue	34.65M	12.67M	-49.89M	-241.00M	-20.70M	-7.92M	16.67M
Revenue Growth	-	-63.43%	-	-	-	-	-
EPS	2.15	0.16	-2.67	-6.90	-0.89	-0.30	0.11
EPS Growth	-	-92.56%	-	-	-	-	-
Forward PE	-	-	-	-	-	-	74.98
No. Analysts	-	-	-	-	-	5	5

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025
High	157,500	25.5M
Avg	-7.9M	16.7M
Low	-16.9M	7.4M

Revenue Growth

Revenue Growth	2024	2025
High	-	-
Avg	-	-
Low	-	-

EPS Forecast

EPS	2024	2025
High	-0.01	0.17
Avg	-0.30	0.11
Low	-0.48	0.07

EPS Growth

EPS Growth	2024	2025
High	-	-
Avg	-	-
Low	-	-

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.