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 announced a monthly dividend on Thursday, February 9th. Investors of record on Tuesday, February 28th will be paid a dividend of $0.14 per share on Friday, March 10th. This represents a $1.68 dividend on an annualized basis and a yield of 16.57%. The ex-dividend date is Friday, February 24th.
Where is Orchid Island Capital's stock going? Where will Orchid Island Capital's stock price be in 2017?
2 equities research analysts have issued 12-month price targets for Orchid Island Capital's shares. Their predictions range from $11.00 to $11.00. On average, they anticipate Orchid Island Capital's stock price to reach $11.00 in the next twelve months.
When will Orchid Island Capital announce their earnings?
Orchid Island Capital is scheduled to release their next quarterly earnings announcement on Tuesday, April, 25th 2017.
What are analysts saying about Orchid Island Capital stock?
Here are some recent quotes from research analysts about Orchid Island Capital stock:
According to Zacks Investment Research, "Orchid Island Capital, Inc. is a specialty finance company that invests in residential mortgage-backed securities the principal and interest payments of which are guaranteed by a U.S. Government agency or a U.S. Government-sponsored entity. The Company intends to qualify and will elect to be taxed as a REIT commencing with its taxable year ending December 31, 2013. Orchid Island Capital, Inc. is based in United States. " (10/12/2016)
National Securities analysts commented, "2Q16 Recap: Orchid Island Capital (ORC) reported 2Q16 core EPS of $0.32 versus our estimate of $0.49 and the consensus estimate of $0.45. Book value held up well, declining slightly to $10.86/share from $11.01 in 1Q16. Return on average invested capital (ROAIC) was positive at 3.6% overall with pass throughs returning 10.6%compared to the 12.0% loss on inverse I/Os (interest only). NIM (net interest margin) fell to 3.03% from 3.32% in 1Q16, largely as a result of lower effective yields on the portfolio as repurchase costs remained fairly stable. We expect portfolio yields to continue to decrease as pass through yields will likely decrease as the flow of funds and reach for yield buoys prices. We expect NIM to finish 2016 and 2017 at 2.62% and 2.29%, respectively, from 3.03% in 2015 as a result of anticipated lower yields. The portfolio by fair value grew 12.5% Q/Q although balance sheet leverage continued to increase with tangible common equity as a percentage of tangible assets (TCE/TA) decreasing 40 bps Q/Q to 10.5%. With 62.1% of capital allocated to pass throughs, the remaining 38% of the portfolio is comprised of more volatile structured MBS which Orchid does not leverage. We are revising our 2016 and 2017 core EPS estimates to $1.78 and $1.97, respectively, from $2.00 and $2.05, respectively. We are maintaining our NEUTRAL rating and $11 price target. Our $11 price target implies an estimated 2017 Price/Core Net Income (P/E) of 5.6x, dividend yield of 15.3%, and Price/Book Value (P/B) of 0.95x compared to the mREIT sector averages of 8.3x, 12.6%, and 0.79x, respectively. " (7/28/2016)
Who owns Orchid Island Capital stock?
Orchid Island Capital's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (8.26%), State Street Corp (1.78%), Menta Capital LLC (0.77%), Allianz Asset Management AG (0.50%), Two Sigma Investments LP (0.31%) and GSA Capital Partners LLP (0.30%). Company insiders that own Orchid Island Capital stock include Bimini Capital Management, Inc, G Hunter Iv Haas, John Van Heuvelen, Robert E Cauley and W Coleman Bitting.
Who sold Orchid Island Capital stock? Who is selling Orchid Island Capital stock?
Orchid Island Capital's stock was sold by a variety of institutional investors in the last quarter, including Ladenburg Thalmann Financial Services Inc..
Who bought Orchid Island Capital stock? Who is buying Orchid Island Capital stock?
Orchid Island Capital's stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Menta Capital LLC, Allianz Asset Management AG, Two Sigma Investments LP, State Street Corp, GSA Capital Partners LLP and Dynamic Technology Lab Private Ltd. Company insiders that have bought Orchid Island Capital stock in the last two years include Bimini Capital Management, Inc, G Hunter Iv Haas, John Van Heuvelen, Robert E Cauley and W Coleman Bitting.
How do I buy Orchid Island Capital stock?
Shares of Orchid Island Capital can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Orchid Island Capital stock cost?
One share of Orchid Island Capital stock can currently be purchased for approximately $10.14.