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 based in Vero Beach, Florida.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Phone772-231-1400
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$154.58 million
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date4/25/2019 (Confirmed)
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 announced a monthly dividend on Thursday, April 18th. Investors of record on Tuesday, April 30th will be paid a dividend of $0.08 per share on Friday, May 31st. This represents a $0.96 dividend on an annualized basis and a yield of 14.01%. The ex-dividend date is Monday, April 29th. View Orchid Island Capital's Dividend History.
How will Orchid Island Capital's stock buyback program work?
Orchid Island Capital declared that its Board of Directors has approved a share repurchase program on Friday, February 9th 2018, which allows the company to repurchase 4,520,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company's board of directors believes its stock is undervalued.
How were Orchid Island Capital's earnings last quarter?
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?
Media coverage about ORC stock has been trending somewhat negative recently, according to InfoTrie Sentiment. The research group identifies negative and positive press coverage by monitoring more than six thousand news and blog 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 news impact score of -1.4 on InfoTrie's scale. They also gave news articles about the real estate investment trust a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an impact on the company's share price in the immediate future.
Who are some of Orchid Island Capital's key competitors?
Some companies that are related to Orchid Island Capital include Industrial Logistics Properties Trust (ILPT), Kite Realty Group Trust (KRG), Monmouth R.E. Inv. (MNR), Summit Hotel Properties (INN), Saul Centers (BFS), KKR Real Estate Finance Trust (KREF), ARMOUR Residential REIT (ARR), ARBOR RLTY TR I/SH (ABR), NY MTG TR INC/SH (NYMT), Interrent Real Estate Investment Trust (IIPZF), Easterly Government Properties (DEA), Universal Health Realty Income Trust (UHT), American Finance Trust (AFIN), Granite Point Mortgage Trust (GPMT) and Ramco-Gershenson Properties Trust (RPT).
What other stocks do shareholders of Orchid Island Capital own?
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 61)
- Mr. George Hunter Haas IV, CFO, Chief Investment Officer, Sec. & Director (Age 43)
- Mr. Jerry M. Sintes, VP & Treasurer (Age 53)
Who are Orchid Island Capital's major shareholders?
Which institutional investors are buying Orchid Island Capital stock?
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 $6.85.
How big of a company is Orchid Island Capital?
Orchid Island Capital has a market capitalization of $333.33 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.
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.
