Orchid Island Capital, Inc., a specialty finance company, invests in residential mortgage-backed securities (RMBS) in the United States. The company's RMBS are backed primarily by single-family residential mortgage loans, referred as Agency RMBS. Its portfolio includes traditional pass-through Agency RMBS; and structured Agency RMBS, including collateralized mortgage obligations, interest only securities, inverse interest only securities, and principal only securities. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 2010 and is headquartered in Vero Beach, Florida.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Current SymbolNYSE:ORC
Previous Symbol
CUSIPN/A
Phone772-231-1400
Debt
Debt-to-Equity RatioN/A
Current Ratio10.62
Quick Ratio10.62
Price-To-Earnings
Trailing P/E Ratio7.93
Forward P/E Ratio4.60
P/E GrowthN/A
Sales & Book Value
Annual Sales$145.96 million
Price / Sales2.36
Cash Flow$0.7540 per share
Price / Cash8.78
Book Value$7.56 per share
Price / Book0.88
Profitability
EPS (Most Recent Fiscal Year)$0.84
Net Income$2 million
Net MarginsN/A
Return on Equity18.90%
Return on Assets2.02%
Miscellaneous
EmployeesN/A
Outstanding Shares52,040,000
Market Cap$342.94 million
OptionableOptionable
Orchid Island Capital (NYSE:ORC) Frequently Asked Questions
What is Orchid Island Capital's stock symbol?
Orchid Island Capital trades on the New York Stock Exchange (NYSE) under the ticker symbol "ORC."
How often does Orchid Island Capital pay dividends? What is the dividend yield for Orchid Island Capital?
Orchid Island Capital declared a monthly dividend on Wednesday, November 14th. Shareholders of record on Friday, November 30th will be given a dividend of $0.08 per share on Monday, December 10th. This represents a $0.96 annualized dividend and a dividend yield of 14.48%. The ex-dividend date is Thursday, November 29th. View Orchid Island Capital's Dividend History.
How will Orchid Island Capital's stock buyback program work?
Orchid Island Capital announced that its board has approved a stock repurchase plan on Friday, February 9th 2018, which authorizes the company to repurchase 4,520,000 shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board of directors believes its shares are undervalued.
How were Orchid Island Capital's earnings last quarter?
Orchid Island Capital Inc (NYSE:ORC) issued its quarterly earnings data on Friday, October, 26th. The real estate investment trust reported ($0.06) earnings per share for the quarter, missing the Zacks' consensus estimate of $0.36 by $0.42. View Orchid Island Capital's Earnings History.
When is Orchid Island Capital's next earnings date?
What is the consensus analysts' recommendation for Orchid Island Capital?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Orchid Island Capital in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Orchid Island Capital.
Has Orchid Island Capital been receiving favorable news coverage?
Media headlines about ORC stock have trended positive on Friday, InfoTrie reports. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Orchid Island Capital earned a daily sentiment score of 2.2 on InfoTrie's scale. They also assigned media coverage about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the near future.
Who are some of Orchid Island Capital's key competitors?
Some companies that are related to Orchid Island Capital include Kite Realty Group Trust (KRG), CYRELA BRAZIL R/S (CYRBY), TPG RE Finance Trust (TRTX), PennyMac Mortgage Investment Trust (PMT), TIER REIT (TIER), Washington Prime Group (WPG), Hannon Armstrong Sustnbl Infrstr Cap (HASI), Monmouth R.E. Inv. (MNR), KKR Real Estate Finance Trust (KREF), Summit Hotel Properties (INN), Saul Centers (BFS), Easterly Government Properties (DEA), ARBOR Rlty Tr I/SH (ABR), Interrent Real Estate Investment Trust (IIPZF) and ARMOUR Residential REIT (ARR).
Who are Orchid Island Capital's key executives?
Orchid Island Capital's management team includes the folowing people:
- Mr. Robert E. Cauley CFA, CPA, Chairman, Pres & CEO (Age 60)
- Mr. George Hunter Haas IV, CFO, Chief Investment Officer, Sec. & Director (Age 42)
- Mr. Jerry M. Sintes, VP & Treasurer (Age 52)
Who are Orchid Island Capital's major shareholders?
Orchid Island Capital's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.06%), Renaissance Technologies LLC (0.79%), JPMorgan Chase & Co. (0.34%), JPMorgan Chase & Co. (0.34%), Alliancebernstein L.P. (0.13%) and MetLife Investment Advisors LLC (0.08%). Company insiders that own Orchid Island Capital stock include Ava L Parker, Frank P Filipps, G Hunter Iv Haas, John Van Heuvelen, Robert E Cauley and W Coleman Bitting. View Institutional Ownership Trends for Orchid Island Capital.
Which institutional investors are selling Orchid Island Capital stock?
Which institutional investors are buying Orchid Island Capital stock?
ORC stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, BlackRock Inc., Jane Street Group LLC, SG Americas Securities LLC, MetLife Investment Advisors LLC, Dynamic Technology Lab Private Ltd and Alliancebernstein L.P.. Company insiders that have bought Orchid Island Capital stock in the last two years include Frank P Filipps, G Hunter Iv Haas, John Van Heuvelen, Robert E Cauley and W Coleman Bitting. View Insider Buying and Selling for Orchid Island Capital.
How do I buy shares of Orchid Island Capital?
Shares of ORC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Orchid Island Capital's stock price today?
One share of ORC stock can currently be purchased for approximately $6.63.
How big of a company is Orchid Island Capital?
Orchid Island Capital has a market capitalization of $342.94 million and generates $145.96 million in revenue each year. The real estate investment trust earns $2 million in net income (profit) each year or $0.84 on an earnings per share basis.
What is Orchid Island Capital's official website?
How can I contact Orchid Island Capital?
Orchid Island Capital's mailing address is 3305 Flamingo Drive, Vero Beach FL, 32963. The real estate investment trust can be reached via phone at 772-231-1400.
MarketBeat Community Rating for Orchid Island Capital (NYSE ORC)
MarketBeat's community ratings are surveys of what our community members think about Orchid Island Capital and other stocks. Vote "Outperform" if you believe ORC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ORC will underperform the S&P 500 over the long term. You may vote once every thirty days.
