Orchid Island Capital (NYSE:ORC - Get Free Report) updated its second quarter 2025 earnings guidance on Wednesday. The company provided EPS guidance of 0.160-0.160 for the period, compared to the consensus EPS estimate of 0.120. The company issued revenue guidance of -.
Orchid Island Capital Stock Up 1.4%
Shares of Orchid Island Capital stock traded up $0.10 during midday trading on Wednesday, hitting $7.27. The company's stock had a trading volume of 3,043,420 shares, compared to its average volume of 2,843,429. The firm has a market capitalization of $881.20 million, a P/E ratio of 18.18 and a beta of 1.49. The stock has a 50-day simple moving average of $7.05 and a 200-day simple moving average of $7.54. Orchid Island Capital has a 1-year low of $5.69 and a 1-year high of $9.01.
Orchid Island Capital (NYSE:ORC - Get Free Report) last issued its earnings results on Thursday, April 24th. The real estate investment trust reported $0.16 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.02). The firm had revenue of $19.71 million during the quarter, compared to analyst estimates of $11.96 million. As a group, sell-side analysts predict that Orchid Island Capital will post 0.37 earnings per share for the current year.
Orchid Island Capital Dividend Announcement
The firm also recently announced a jun 25 dividend, which will be paid on Wednesday, July 30th. Stockholders of record on Monday, June 30th will be given a $0.12 dividend. The ex-dividend date is Monday, June 30th. This represents a dividend yield of 20.5%. Orchid Island Capital's dividend payout ratio (DPR) is presently 360.00%.
Analysts Set New Price Targets
ORC has been the subject of several recent analyst reports. Wall Street Zen raised Orchid Island Capital from a "sell" rating to a "hold" rating in a research report on Friday, May 16th. Jones Trading reissued a "hold" rating on shares of Orchid Island Capital in a research report on Wednesday, April 30th.
Read Our Latest Stock Report on Orchid Island Capital
Institutional Trading of Orchid Island Capital
A number of institutional investors have recently bought and sold shares of the company. Strs Ohio acquired a new stake in Orchid Island Capital during the first quarter valued at $111,000. Millennium Management LLC lifted its position in shares of Orchid Island Capital by 234.9% in the first quarter. Millennium Management LLC now owns 1,036,387 shares of the real estate investment trust's stock worth $7,794,000 after buying an additional 726,907 shares during the last quarter. Finally, AQR Capital Management LLC acquired a new stake in shares of Orchid Island Capital in the first quarter worth about $84,000. Institutional investors and hedge funds own 32.74% of the company's stock.
Orchid Island Capital Company Profile
(
Get Free Report)
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.
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