8.72

3.93% +0.33

After Hours: 8.74 0.02 +0.23%

Orchid Island Capital Inc (ORC)

Overview News Price History Option Chain Why ORC Down? Discussions Forecast Stock Split Dividend History

Orchid Island Capital Inc stock is currently priced at $8.72, with a 24-hour trading volume of 2.11M. It has seen a +3.93% increased in the last 24 hours and a -0.57% declined in the past month. The chart indicates a potential bullish trend, as the stock is above the $8.44 pivot point. If it approaches the $8.74 resistance level, significant changes may occur.

Previous Close:

$8.39

Open:

$8.53

24h Volume:

2.11M

Market Cap:

$461.93M

Revenue:

$-20.70M

Net Income/Loss:

$-39.23M

P/E Ratio:

-13.42

EPS:

-0.65

Net Cash Flow:

$8.00M

1W Performance:

+5.57%

1M Performance:

-0.57%

6M Performance:

+42.25%

1Y Performance:

-20.00%

1D Range:

$8.37

$8.77

52W Range:

$5.90

$11.27

Orchid Island Capital Inc Stock (ORC) Company Profile

Name

Orchid Island Capital Inc

Sector

Real Estate (265)

Industry

REIT - Mortgage (27)

Phone

772-231-1400

Address

3305 Flamingo Drive, Vero Beach, FL

Employee

Twitter

Next Earnings Date

2024-04-26

Latest SEC Filings

ORC's Discussions on Twitter

Orchid Island Capital Inc Stock (ORC) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
Aug-08-22	Downgrade	Ladenburg Thalmann	Buy → Neutral
Jan-12-22	Initiated	JMP Securities	Mkt Perform
Oct-30-20	Upgrade	Ladenburg Thalmann	Neutral → Buy
Feb-17-17	Downgrade	Maxim Group	Buy → Hold
Jul-13-15	Reiterated	Maxim Group	Buy
Sep-03-14	Reiterated	Maxim Group	Buy

View All

Orchid Island Capital Inc Stock (ORC) Latest News

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Orchid Island Capital Inc Stock (ORC) Financials Data

Orchid Island Capital Inc (ORC) Revenue 2024

ORC reported a revenue (TTM) of -$20.70 million for the quarter ending December 31, 2023, a +91.41% rise year-over-year.

Orchid Island Capital Inc (ORC) Net Income 2024

ORC net income (TTM) was -$39.23 million for the quarter ending December 31, 2023, a +84.82% increase year-over-year.

Orchid Island Capital Inc (ORC) Cash Flow 2024

ORC recorded a free cash flow (TTM) of $8.00 million for the quarter ending December 31, 2023, a -97.23% decrease year-over-year.

Orchid Island Capital Inc (ORC) Earnings per Share 2024

ORC earnings per share (TTM) was -$0.82 for the quarter ending December 31, 2023, a +88.10% growth year-over-year.

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.