Orchid Island Capital (ORC) Projected to Post Quarterly Earnings on Thursday

Orchid Island Capital (NYSE:ORC - Get Free Report) will likely be announcing its Q2 2025 earnings results after the market closes on Thursday, July 24th. Analysts expect the company to announce earnings of $0.15 per share and revenue of $23.25 million for the quarter.

Orchid Island Capital (NYSE:ORC - Get Free Report) last issued its quarterly earnings data 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 business had revenue of $19.71 million for the quarter, compared to analyst estimates of $11.96 million. On average, analysts expect Orchid Island Capital to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Orchid Island Capital Trading Down 0.3%

NYSE ORC traded down $0.02 during trading on Friday, hitting $7.06. The company had a trading volume of 3,018,035 shares, compared to its average volume of 2,872,901. Orchid Island Capital has a one year low of $5.69 and a one year high of $9.01. The company has a market cap of $894.57 million, a price-to-earnings ratio of 17.65 and a beta of 1.49. The company's fifty day moving average is $7.05 and its 200-day moving average is $7.50.

Orchid Island Capital Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Thursday, August 28th. Investors of record on Thursday, July 31st will be paid a $0.12 dividend. The ex-dividend date is Thursday, July 31st. This represents a $1.44 annualized dividend and a dividend yield of 20.40%. Orchid Island Capital's payout ratio is 360.00%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on ORC. Wall Street Zen upgraded shares of Orchid Island Capital from a "sell" rating to a "hold" rating in a research note on Friday, May 16th. Jones Trading restated a "hold" rating on shares of Orchid Island Capital in a research note on Wednesday, April 30th.

Hedge Funds Weigh In On Orchid Island Capital

Several large investors have recently added to or reduced their stakes in the company. AQR Capital Management LLC bought a new stake in shares of Orchid Island Capital during the first quarter valued at approximately $84,000. Strs Ohio purchased a new stake in shares of Orchid Island Capital during the first quarter valued at $111,000. Finally, Millennium Management LLC boosted its stake in shares of Orchid Island Capital by 234.9% during the first quarter. Millennium Management LLC now owns 1,036,387 shares of the real estate investment trust's stock valued at $7,794,000 after purchasing an additional 726,907 shares during the period. Hedge funds and other institutional investors own 32.74% of the company's stock.

Orchid Island Capital 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 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.