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 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Orchid Island Capital stock.
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Wall Street analysts have given Orchid Island Capital a "Buy" 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.
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Orchid Island Capital saw a drop in short interest in the month of August. As of August 13th, there was short interest totaling 12,520,000 shares, a drop of 12.1% from the July 29th total of 14,250,000 shares. Based on an average trading volume of 3,310,000 shares, the short-interest ratio is currently 3.8 days.
View Orchid Island Capital's Short Interest.

Orchid Island Capital is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for Orchid Island Capital.

Orchid Island Capital, Inc. (NYSE:ORC) issued its quarterly earnings data on Thursday, July, 29th. The real estate investment trust reported $0.24 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.26 by $0.02.
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 shares have decreased by 3.1% and is now trading at $5.00.
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Orchid Island Capital announced a monthly dividend on Wednesday, August 18th. Investors of record on Tuesday, August 31st will be given a dividend of $0.065 per share on Tuesday, September 28th. This represents a $0.78 annualized dividend and a dividend yield of 15.60%. The ex-dividend date is Monday, August 30th.
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 15.51%. ORC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Orchid Island Capital is 65.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, Orchid Island Capital will have a dividend payout ratio of 78.00% in the coming year. This indicates that Orchid Island Capital may not be able to sustain their current dividend.
View Orchid Island Capital's dividend history.

2 analysts have issued twelve-month price targets for Orchid Island Capital's stock. 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 5.0%.
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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 RLJ Lodging Trust (RLJ), American Assets Trust (AAT), Brandywine Realty Trust (BDN), Columbia Property Trust (CXP), CareTrust REIT (CTRE), Washington Real Estate Investment Trust (WRE), Apollo Commercial Real Estate Finance (ARI), Independence Realty Trust (IRT), Four Corners Property Trust (FCPT), Retail Opportunity Investments (ROIC), Two Harbors Investment (TWO), MFA Financial (MFA), PennyMac Mortgage Investment Trust (PMT), iStar (STAR) and DiamondRock Hospitality (DRH).
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 variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.48%), Vanguard Group Inc. (4.07%), Invesco Ltd. (3.78%), State Street Corp (1.33%), Geode Capital Management LLC (1.30%) and Marshall Wace LLP (0.80%). 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 Marshall Wace LLP, Marshall Wace LLP, Wells Fargo & Company MN, Cubist Systematic Strategies LLC, Allianz Asset Management GmbH, Bank of America Corp DE, BNP Paribas Arbitrage SA, and MetLife Investment Management LLC.
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 Invesco Ltd., Morgan Stanley, Morgan Stanley, BlackRock Inc., Vanguard Group Inc., State Street Corp, JPMorgan Chase & Co., and HBK Investments L P. 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.
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One share of ORC stock can currently be purchased for approximately $5.00.

Orchid Island Capital has a market capitalization of $615.30 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.

Orchid Island Capital employs 2,018 workers across the globe.

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]