NYSE:ORC - Orchid Island Capital Stock Price, Forecast & News

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

Orchid Island Capital announced a monthly dividend on Thursday, January 16th. Stockholders of record on Friday, January 31st will be paid a dividend of $0.08 per share on Wednesday, February 26th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 15.56%. The ex-dividend date is Thursday, January 30th. View Orchid Island Capital's Dividend History.

Orchid Island Capital declared that its Board of Directors has authorized a stock repurchase plan on Friday, February 9th 2018, which authorizes the company to buyback 4,520,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback plans are generally an indication that the company's leadership believes its stock is undervalued.

Orchid Island Capital Inc (NYSE:ORC) released its earnings results on Friday, October, 26th. The real estate investment trust reported ($0.06) earnings per share for the quarter, missing the consensus estimate of $0.36 by $0.42. View Orchid Island Capital's Earnings History.

Orchid Island Capital is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for Orchid Island Capital.

Headlines about ORC stock have been trending somewhat negative recently, according to InfoTrie. The research group identifies positive and negative media coverage by monitoring more than six thousand news and blog sources. 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 media sentiment score of -1.4 on InfoTrie's scale. They also assigned media coverage about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Orchid Island Capital.

Some companies that are related to Orchid Island Capital include Interrent Real Estate Investment Trust (IIPZF), Kite Realty Group Trust (KRG), Industrial Logistics Properties Trust (ILPT), TPG RE Finance Trust (TRTX), Monmouth R.E. Inv. (MNR), Tanger Factory Outlet Centers (SKT), American Finance Trust (AFIN), Independence Realty Trust (IRT), Saul Centers (BFS), Uniti Group (UNIT), Brookfield Property Reit (BPR), Summit Hotel Properties (INN), NexPoint Residential Trust (NXRT), KKR Real Estate Finance Trust (KREF) and RPT Realty (RPT).

Based on aggregate information from My MarketBeat watchlists, some companies that other Orchid Island Capital investors own include New Residential Investment (NRZ), AT&T (T), Oxford Lane Capital (OXLC), AGNC Investment (AGNC), Prospect Capital (PSEC), Energy Transfer LP Unit (ET), ARMOUR Residential REIT (ARR), Altria Group (MO), Cornerstone Strategic Value Fund (CLM) and ANNALY CAP MGMT/SH (NLY).

Orchid Island Capital's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Nisa Investment Advisors LLC (0.10%). View Institutional Ownership Trends for Orchid Island Capital.

ORC stock was purchased by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of ORC stock can currently be purchased for approximately $6.17.

Orchid Island Capital has a market capitalization of $389.08 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. View Additional Information About Orchid Island Capital.

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

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.