Orchid Island Capital Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Orchid Island Capital in the last twelve months. There are currently 1 sell rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" Orchid Island Capital stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ORC, but not buy additional shares or sell existing shares.
View analyst ratings for Orchid Island Capital or view top-rated stocks.

Wall Street analysts have given Orchid Island Capital a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Orchid Island Capital wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Orchid Island Capital saw a increase in short interest in May. As of May 28th, there was short interest totaling 12,450,000 shares, an increase of 31.6% from the May 13th total of 9,460,000 shares. Based on an average trading volume of 2,870,000 shares, the days-to-cover ratio is currently 4.3 days. Currently, 13.1% of the company's stock are short sold.
View Orchid Island Capital's Short Interest.

Orchid Island Capital is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for Orchid Island Capital.

Orchid Island Capital, Inc. (NYSE:ORC) announced its quarterly earnings data on Friday, February, 26th. The real estate investment trust reported $0.23 earnings per share for the quarter, missing the consensus estimate of $0.26 by $0.03.
View Orchid Island Capital's earnings history.

Orchid Island Capital's stock was trading at $5.16 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ORC stock has increased by 10.5% and is now trading at $5.70.
View which stocks have been most impacted by COVID-19.

Orchid Island Capital announced a monthly dividend on Wednesday, May 12th. Shareholders of record on Friday, May 28th will be given a dividend of $0.065 per share on Monday, June 28th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 13.68%. The ex-dividend date is Thursday, May 27th.
View Orchid Island Capital's dividend history.

Orchid Island Capital pays an annual dividend of $0.78 per share and currently has a dividend yield of 13.98%. ORC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Orchid Island Capital does not yet have a strong track record of dividend growth. The dividend payout ratio of Orchid Island Capital is 65.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Orchid Island Capital will have a dividend payout ratio of 74.29% next year. This indicates that Orchid Island Capital will be able to sustain or increase its dividend.
View Orchid Island Capital's dividend history.

Orchid Island Capital updated its first quarter 2021 earnings guidance on Tuesday, May, 4th. The company provided EPS guidance of -0.340--0.340 for the period, compared to the Thomson Reuters consensus estimate of $0.260. The company issued revenue guidance of -.

2 brokers have issued 12 month price targets for Orchid Island Capital's shares. Their forecasts range from $4.75 to $4.75. On average, they anticipate Orchid Island Capital's share price to reach $4.75 in the next year. This suggests that the stock has a possible downside of 16.7%.
View analysts' price targets for Orchid Island Capital or view top-rated stocks among Wall Street analysts.

5 employees have rated Orchid Island Capital CEO Torben Munch on Glassdoor.com. Torben Munch has an approval rating of 63% among Orchid Island Capital's employees. This puts Torben Munch in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Orchid Island Capital include Two Harbors Investment (TWO), MFA Financial (MFA), PennyMac Mortgage Investment Trust (PMT), Tanger Factory Outlet Centers (SKT), Acadia Realty Trust (AKR), Kite Realty Group Trust (KRG), Cyrela Brazil Realty S.A. Empreendimentos e Participações (CYRBY), Independence Realty Trust (IRT), Monmouth Real Estate Investment (MNR), Global Net Lease (GNL), Easterly Government Properties (DEA), InterRent Real Estate Investment Trust (IIPZF), New York Mortgage Trust (NYMT), Industrial Logistics Properties Trust (ILPT) and Mack-Cali Realty (CLI).
View all of ORC's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Orchid Island Capital investors own include New Residential Investment (NRZ), Washington Prime Group (WPG), CBL & Associates Properties (CBL), DHT (DHT), Golar LNG Partners (GMLP), NGL Energy Partners (NGL), Two Harbors Investment (TWO), Pennsylvania Real Estate Investment Trust (PEI), EnLink Midstream (ENLC) and New York Mortgage Trust (NYMT).

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

Orchid Island Capital's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.01%), Mirae Asset Global Investments Co. Ltd. (2.79%), Geode Capital Management LLC (1.51%), Renaissance Technologies LLC (1.11%), Northern Trust Corp (0.90%) and Van ECK Associates Corp (0.78%). Company insiders that own Orchid Island Capital stock include G Hunter Iv Haas and Robert E Cauley.
View institutional ownership trends for Orchid Island Capital.

ORC stock was sold by a variety of institutional investors in the last quarter, including D. E. Shaw & Co. Inc., IndexIQ Advisors LLC, Goldman Sachs Group Inc., Squarepoint Ops LLC, TownSquare Capital LLC, Citigroup Inc., and State of Wisconsin Investment Board.
View insider buying and selling activity for Orchid Island Capital or view top insider-selling stocks.

ORC stock was bought by a variety of institutional investors in the last quarter, including Mirae Asset Global Investments Co. Ltd., BlackRock Inc., Renaissance Technologies LLC, Geode Capital Management LLC, JPMorgan Chase & Co., Allianz Asset Management GmbH, Van ECK Associates Corp, and Caas Capital Management LP. Company insiders that have bought Orchid Island Capital stock in the last two years include G Hunter Iv Haas, and Robert E Cauley.
View insider buying and selling activity for Orchid Island Capital or or view top insider-buying stocks.

Shares of ORC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of ORC stock can currently be purchased for approximately $5.70.

Orchid Island Capital has a market capitalization of $538.14 million and generates $116.04 million in revenue each year. The real estate investment trust earns $2.13 million in net income (profit) each year or $1.20 on an earnings per share basis.

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

Orchid Island Capital is headquartered at 3305 Flamingo Drive, Vero Beach FL, 32963.

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 or via email at [email protected]