Orchid Island Capital Inc ORC

$4.79 -0.04 (-0.83%)

Valuation

Market cap
932,151,000
Revenue TTM
$414,000,000
Net income TTM
$159,030,000
P/E (trailing)
4.90
P/E (forward)
—
Profit margin
38.41%
Debt to equity
0.26

Trading

Volume
7,999,300
Avg volume
6,314,394
Day's range
$4.70 – $4.84
Shares out
192,992,000
Stochastic %K
23%
Beta
1.64
Analysts
Hold
Price target
$7.50

Price

Company profile

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 to as Agency RMBS. Its portfolio comprises traditional pass-through Agency RMBS, such as mortgage pass through certificates and collateralized mortgage obligations; and structured Agency RMBS, includi...

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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 to as Agency RMBS. Its portfolio comprises traditional pass-through Agency RMBS, such as mortgage pass through certificates and collateralized mortgage obligations; and structured Agency RMBS, including 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 shareholders. Orchid Island Capital, Inc. was incorporated in 2010 and is headquartered in Vero Beach, Florida.

Industry
REIT - Mortgage
Sector
Real Estate
Phone
772 231 1400
Website
https://www.orchidislandcapital.com
Address
3305 Flamingo Drive, Vero Beach, United States

Latest news

Stocktwits

Delaflower Nov 3, 9:20 PM
$ORC 27.3% yield right now This is freaking me out. I think they are going to lower the div. Hopefully they can wait a few months and this recovers. They cut div right now and no doubt we’re in the next leg down.
0 replies
LVL27Paladin Nov 3, 5:58 PM
$ORC This is just getting crushed because of Trump’s economy. Fuck, I thought he would prioritize interest rate cuts. Tough when the Fed is loaded with liberals hoping to help win the midterms.
0 replies
Delaflower Nov 3, 2:48 PM
$ORC $DX
0 replies
Delaflower Nov 3, 3:23 AM
$ORC At least we getting paid
0 replies
morgangj Oct 29, 6:18 PM
$ORC Payday! Time to reinvest. Ex-dividend date is tomorrow, October 30. Last opportunity to BUY and qualify for the November 27 payment. Current forward dividend yield: 24.15%. UNDERVALUED. Presently trading at circa 20% discount to book!
1 replies
LVL27Paladin Oct 29, 11:47 AM
$ORC Interest rates hold should have been good for .30-.40 rise based on how this fell at least that much when the rates rose!!🤬
0 replies
LVL27Paladin Oct 24, 1:39 PM
$ORC Keep buying shares back!! It’s the only thing saving us right now!!
0 replies
sam92 Oct 23, 8:40 PM
$ORC Orchid Island outlines high-teens ROE potential as it continues buybacks with shares at >20% discount to book
0 replies