NYSE:ORC - Orchid Island Capital Stock Price, Forecast & News

Orchid Island Capital trades on the New York Stock Exchange (NYSE) under the ticker symbol "ORC."

Orchid Island Capital announced a monthly dividend on Wednesday, November 13th. Investors of record on Friday, November 29th will be given a dividend of $0.08 per share on Tuesday, December 31st. This represents a $0.96 annualized dividend and a yield of 16.61%. The ex-dividend date is Wednesday, November 27th. View Orchid Island Capital's Dividend History.

Orchid Island Capital announced that its board has initiated a stock buyback program on Friday, February 9th 2018, which authorizes the company to repurchase 4,520,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company's board of directors believes its stock is undervalued.

Orchid Island Capital Inc (NYSE:ORC) issued its quarterly earnings results 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.

Orchid Island Capital is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for Orchid Island Capital.

Orchid Island Capital updated its third quarter 2019 earnings guidance on Thursday, October, 17th. The company provided earnings per share guidance of $-0.14--0.14 for the period.

News headlines about ORC stock have been trending somewhat negative on Saturday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Orchid Island Capital earned a daily sentiment score of -1.8 on InfoTrie's scale. They also gave news stories about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Orchid Island Capital.

Some companies that are related to Orchid Island Capital include Tanger Factory Outlet Centers (SKT), Uniti Group (UNIT), Industrial Logistics Properties Trust (ILPT), Independence Realty Trust (IRT), Summit Hotel Properties (INN), Brookfield Property Reit (BPR), NexPoint Residential Trust (NXRT), Saul Centers (BFS), KKR Real Estate Finance Trust (KREF), RPT Realty (RPT), ARMOUR Residential REIT (ARR), Granite Point Mortgage Trust (GPMT), Urstadt Biddle Properties (UBA), Community Healthcare Trust (CHCT) and Investors Real Estate Trust Reit (IRET).

Based on aggregate information from My MarketBeat watchlists, some companies that other Orchid Island Capital investors own include New Residential Investment (NRZ), AT&T (T), AGNC Investment (AGNC), Prospect Capital (PSEC), Oxford Lane Capital (OXLC), Energy Transfer LP Unit (ET), ARMOUR Residential REIT (ARR), Altria Group (MO), Cornerstone Strategic Value Fund (CLM) and ANNALY CAP MGMT/SH (NLY).

Orchid Island Capital's stock is owned by a number of of retail and institutional investors. Top institutional investors include State Street Corp (1.77%), Cetera Advisors LLC (0.32%), California State Teachers Retirement System (0.16%), Rhumbline Advisers (0.16%), SG Americas Securities LLC (0.14%) and California Public Employees Retirement System (0.11%). View Institutional Ownership Trends for Orchid Island Capital.

ORC stock was sold by a variety of institutional investors in the last quarter, including Campbell & CO Investment Adviser LLC, Barclays PLC and Voya Investment Management LLC. View Insider Buying and Selling for Orchid Island Capital.

ORC stock was bought by a variety of institutional investors in the last quarter, including State Street Corp, Squarepoint Ops LLC, California State Teachers Retirement System, Rhumbline Advisers, California Public Employees Retirement System, Cetera Advisors LLC, SG Americas Securities LLC and Nisa Investment Advisors LLC. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of ORC stock can currently be purchased for approximately $5.78.

Orchid Island Capital has a market capitalization of $364.49 million and generates $154.58 million in revenue each year. The real estate investment trust earns $-44,390,000.00 in net income (profit) each year or $1.38 on an earnings per share basis. View Additional Information About Orchid Island Capital.

The official website for Orchid Island Capital is http://www.orchidislandcapital.com/.

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.