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
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Phone772-231-1400
Debt
Current RatioN/A
Quick RatioN/A
Price-To-Earnings
Sales & Book Value
Annual Sales$145.96 million
Price / Sales2.24
Price / Cash Flow9.00
Price / Book0.77
Profitability
Net Income$2 million
Net MarginsN/A
Return on Assets2.02%
Miscellaneous
EmployeesN/A
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 Friday, January 11th. Stockholders of record on Thursday, January 31st will be given a dividend of $0.08 per share on Friday, February 8th. This represents a $0.96 annualized dividend and a dividend yield of 14.29%. The ex-dividend date of this dividend is Wednesday, January 30th. View Orchid Island Capital's Dividend History.
How will Orchid Island Capital's stock buyback program work?
Orchid Island Capital announced that its Board of Directors has initiated a share repurchase program on Friday, February 9th 2018, which permits the company to buyback 4,520,000 shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback programs are typically a sign that the company's management believes its stock is undervalued.
How were Orchid Island Capital's earnings last quarter?
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.
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?
News headlines about ORC stock have trended negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Orchid Island Capital earned a coverage optimism score of -2.5 on InfoTrie's scale. They also gave news coverage about the real estate investment trust a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an effect on the company's share price in the near term.
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), TPG RE Finance Trust (TRTX), Industrial Logistics Properties Trust (ILPT), PennyMac Mortgage Investment Trust (PMT), Monmouth R.E. Inv. (MNR), KKR Real Estate Finance Trust (KREF), TIER REIT (TIER), Saul Centers (BFS), Summit Hotel Properties (INN), Easterly Government Properties (DEA), Interrent Real Estate Investment Trust (IIPZF), Washington Prime Group (WPG), Ramco-Gershenson Properties Trust (RPT), NY MTG TR INC/SH (NYMT) and InfraREIT (HIFR).
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)
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 $6.72.
How big of a company is Orchid Island Capital?
Orchid Island Capital has a market capitalization of $328.47 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.
