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 / Sales2.28
Price / Cash Flow8.96
Price / Book0.78
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 announced a monthly dividend on Friday, January 11th. Stockholders of record on Thursday, January 31st will be paid a dividend of $0.08 per share on Friday, February 8th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 14.13%. The ex-dividend date is Wednesday, January 30th. View Orchid Island Capital's Dividend History.
How will Orchid Island Capital's stock buyback program work?
Orchid Island Capital declared that its board has authorized a share repurchase program on Friday, February 9th 2018, which permits the company to repurchase 4,520,000 outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board believes its shares are undervalued.
How were Orchid Island Capital's earnings last quarter?
Orchid Island Capital Inc (NYSE:ORC) posted its earnings results on Friday, October, 26th. The real estate investment trust reported ($0.06) EPS for the quarter, missing analysts' consensus estimates 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?
Media coverage about ORC stock has been trending positive on Thursday, InfoTrie Sentiment reports. The research group ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Orchid Island Capital earned a news impact score of 2.6 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 8.0 out of 10, meaning that recent press coverage is very likely to have an impact on the stock's share price in the next few days.
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), KKR Real Estate Finance Trust (KREF), Monmouth R.E. Inv. (MNR), PennyMac Mortgage Investment Trust (PMT), TIER REIT (TIER), Saul Centers (BFS), Summit Hotel Properties (INN), Easterly Government Properties (DEA), Interrent Real Estate Investment Trust (IIPZF), Ramco-Gershenson Properties Trust (RPT), Washington Prime Group (WPG), 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 $6.7950.
How big of a company is Orchid Island Capital?
Orchid Island Capital has a market capitalization of $327.01 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.
