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
SymbolNYSE:ORC
CUSIPN/A
Phone772-231-1400
Debt
Debt-to-Equity RatioN/A
Current Ratio10.62
Quick Ratio10.62
Price-To-Earnings
Trailing P/E Ratio9.15
Forward P/E Ratio5.16
P/E GrowthN/A
Sales & Book Value
Annual Sales$145.96 million
Price / Sales2.75
Cash Flow$0.7539 per share
Price / Cash10.20
Book Value$8.71 per share
Price / Book0.88
Profitability
EPS (Most Recent Fiscal Year)$0.84
Net Income$2 million
Net MarginsN/A
Return on Equity13.71%
Return on Assets1.45%
Miscellaneous
EmployeesN/A
Outstanding Shares52,160,000
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 announced a monthly dividend on Wednesday, June 20th. Investors of record on Friday, June 29th will be given a dividend of $0.09 per share on Tuesday, July 10th. This represents a $1.08 annualized dividend and a yield of 14.04%. The ex-dividend date is Thursday, June 28th. 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 initiated a share buyback program on Friday, February 9th 2018, which allows the company to buyback 4,520,000 shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company's management believes its shares are undervalued.
How were Orchid Island Capital's earnings last quarter?
Orchid Island Capital Inc (NYSE:ORC) released its quarterly earnings results on Friday, April, 27th. The real estate investment trust reported ($0.31) earnings per share for the quarter, missing the consensus estimate of $0.35 by $0.66. View Orchid Island Capital's Earnings History.
Who are some of Orchid Island Capital's key competitors?
Some companies that are related to Orchid Island Capital include Agree Realty (ADC), Alexander & Baldwin (ALEX), Summit Hotel Properties (INN), Safestore (SFSHF), National Storage (NSA), Industrial Logistics Properties Trust (ILPT), Washington Prime Group (WPG), Four Corners Property Trust (FCPT), Kite Realty Group Trust (KRG), Global Net Lease (GNL), Caretrust REIT (CTRE), Redwood Trust (RWT), Monmouth R.E. Inv. Corp. Class A (MNR), TPG RE Finance Trust (TRTX) and CYS INVESTMENTS/SH SH (CYS).
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)
Has Orchid Island Capital been receiving favorable news coverage?
Media headlines about ORC stock have trended somewhat positive on Friday, according to Accern Sentiment. Accern scores the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Orchid Island Capital earned a media sentiment score of 0.24 on Accern's scale. They also assigned news headlines about the real estate investment trust an impact score of 46.20 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.
Who are Orchid Island Capital's major shareholders?
Orchid Island Capital's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.10%), UBS Group AG (2.33%), Northern Trust Corp (0.99%), JPMorgan Chase & Co. (0.56%), Van ECK Associates Corp (0.51%) and Schwab Charles Investment Management Inc. (0.20%). 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 acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., JPMorgan Chase & Co., Millennium Management LLC, Northern Trust Corp, Van ECK Associates Corp, Jane Street Group LLC, Dynamic Technology Lab Private Ltd and Schwab Charles Investment Management Inc.. 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 $7.69.
How big of a company is Orchid Island Capital?
Orchid Island Capital has a market capitalization of $399.03 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.
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 (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.
