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

Key Points

• Orchid Island Capital is expected to report Q3 2026 results after market close on October 22, with analysts forecasting earnings of $0.2875 per share and revenue of $73.41 million. Its previous quarter fell short of both earnings and revenue estimates.
• ORC shares opened at $5.08, near their one-year low of $4.85, while analysts maintain a consensus “Reduce” rating and a $7.50 price target.
• The REIT declared a monthly dividend of $0.10 per share, representing a 23.6% annualized yield, and authorized a repurchase program covering up to 12.5% of outstanding shares.

Orchid Island Capital (NYSE:ORC - Get Free Report) is anticipated to issue its Q3 2026 results after the market closes on Thursday, October 22nd. Analysts expect the company to announce earnings of $0.2875 per share and revenue of $73.41 million for the quarter. Investors can find conference call details on the company's upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Friday, October 23, 2026 at 10:00 AM ET.

Orchid Island Capital (NYSE:ORC - Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The real estate investment trust reported $0.26 EPS for the quarter, missing the consensus estimate of $0.28 by ($0.02). The firm had revenue of $59.97 million during the quarter, compared to analysts' expectations of $74.26 million.

Orchid Island Capital Stock Performance

Shares of Orchid Island Capital stock opened at $5.08 on Thursday. Orchid Island Capital has a one year low of $4.85 and a one year high of $8.40. The stock's fifty day moving average is $6.12 and its 200 day moving average is $6.58. The stock has a market cap of $1.01 billion, a P/E ratio of 5.82 and a beta of 1.60.

Orchid Island Capital Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, October 29th. Shareholders of record on Wednesday, September 30th will be issued a dividend of $0.10 per share. This represents a $1.20 annualized dividend and a yield of 23.6%. The ex-dividend date of this dividend is Wednesday, September 30th. Orchid Island Capital's payout ratio is currently 81.08%.

Orchid Island Capital announced that its Board of Directors has approved a share repurchase program on Monday, June 22nd that authorizes the company to repurchase 25,000,000,000,000 outstanding shares. This repurchase authorization authorizes the real estate investment trust to reacquire up to 12.5% of its shares through open market purchases. Stock repurchase programs are typically an indication that the company's board believes its shares are undervalued.

Analyst Upgrades and Downgrades

ORC has been the subject of a number of analyst reports. BTIG Research started coverage on Orchid Island Capital in a research note on Thursday, July 9th. They issued a "neutral" rating on the stock. Weiss Ratings cut Orchid Island Capital from a "sell (d+)" rating to a "sell (d)" rating in a research report on Thursday, October 8th. Two research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of "Reduce" and a consensus target price of $7.50.

About Orchid Island Capital

Orchid Island Capital, Inc is a real estate investment trust that invests primarily in residential mortgage-backed securities (RMBS) issued or guaranteed by U.S. government-sponsored entities. Its portfolio generally consists of agency securities backed by mortgages insured or guaranteed by the Government National Mortgage Association (Ginnie Mae), Federal National Mortgage Association (Fannie Mae), and Federal Home Loan Mortgage Corporation (Freddie Mac).

The company seeks to generate income from its investments and manage interest-rate and prepayment risks through portfolio construction, financing arrangements, and hedging strategies.

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