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
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Current SymbolNYSE:ORC
Previous Symbol
CUSIPN/A
Phone772-231-1400
Debt
Debt-to-Equity RatioN/A
Current Ratio10.62
Quick Ratio10.62
Price-To-Earnings
Trailing P/E Ratio7.85
Forward P/E Ratio4.58
P/E GrowthN/A
Sales & Book Value
Annual Sales$145.96 million
Price / Sales2.35
Cash Flow$0.7549 per share
Price / Cash Flow8.73
Book Value$8.71 per share
Price / Book0.76
Profitability
EPS (Most Recent Fiscal Year)$0.84
Net Income$2 million
Net MarginsN/A
Return on Equity18.90%
Return on Assets2.02%
Miscellaneous
EmployeesN/A
Outstanding Shares52,040,000
Market Cap$340.86 million
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 declared a monthly dividend on Tuesday, December 11th. Stockholders of record on Monday, December 31st will be given a dividend of $0.08 per share on Thursday, January 10th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 14.57%. The ex-dividend date is Friday, December 28th. 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 initiated a stock repurchase program on Friday, February 9th 2018, which permits the company to buyback 4,520,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback programs are usually a sign that the company's board of directors believes its shares are undervalued.
How were Orchid Island Capital's earnings last quarter?
Orchid Island Capital Inc (NYSE:ORC) posted its quarterly 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.
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?
News headlines about ORC stock have trended somewhat negative this week, InfoTrie reports. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Orchid Island Capital earned a news impact score of -1.4 on InfoTrie's scale. They also gave headlines about the real estate investment trust a news buzz of 7.0 out of 10, meaning that recent press coverage is likely to have an impact on the stock'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 Redwood Trust (RWT), Kite Realty Group Trust (KRG), Industrial Logistics Properties Trust (ILPT), TPG RE Finance Trust (TRTX), PennyMac Mortgage Investment Trust (PMT), Hannon Armstrong Sustnbl Infrstr Cap (HASI), Monmouth R.E. Inv. (MNR), Saul Centers (BFS), TIER REIT (TIER), KKR Real Estate Finance Trust (KREF), Washington Prime Group (WPG), Ramco-Gershenson Properties Trust (RPT), Summit Hotel Properties (INN), Interrent Real Estate Investment Trust (IIPZF) and Easterly Government Properties (DEA).
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)
Who are Orchid Island Capital's major shareholders?
Orchid Island Capital's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.06%), Vanguard Group Inc. (5.04%), Vanguard Group Inc (5.04%), Renaissance Technologies LLC (0.79%), JPMorgan Chase & Co. (0.34%) and JPMorgan Chase & Co. (0.34%). Company insiders that own Orchid Island Capital stock include Ava L Parker, Frank P Filipps, G Hunter Iv Haas, John Van Heuvelen, Robert E Cauley and W Coleman Bitting. View Institutional Ownership Trends for Orchid Island Capital.
Which major investors are selling Orchid Island Capital stock?
Which major investors are buying Orchid Island Capital stock?
ORC stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, BlackRock Inc., Jane Street Group LLC, SG Americas Securities LLC, MetLife Investment Advisors LLC, Vanguard Group Inc, Vanguard Group Inc. and Dynamic Technology Lab Private Ltd. Company insiders that have bought Orchid Island Capital stock in the last two years include Frank P Filipps, G Hunter Iv Haas, John Van Heuvelen, Robert E Cauley and W Coleman Bitting. View Insider Buying and Selling for Orchid Island Capital.
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 $6.59.
How big of a company is Orchid Island Capital?
Orchid Island Capital has a market capitalization of $340.86 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.
