Orchid Island Capital Q4 2024 Earnings Report

Orchid Island Capital EPS Results

• Actual EPS: $0.05
• Consensus EPS: -$0.03
• Beat/Miss: Beat by +$0.08
• One Year Ago EPS: N/A

Orchid Island Capital Revenue Results

• Actual Revenue: N/A
• Expected Revenue: $4.24 million
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

Orchid Island Capital Announcement Details

• Quarter: Q4 2024
• Date: 1/30/2025
• Time: After Market Closes

Orchid Island Capital (NYSE:ORC), a specialty finance company, invests in residential mortgage-backed securities (RMBS) in the United States. The company's RMBS is backed by single-family residential mortgage loans, referred as Agency RMBS. Its portfolio includes traditional pass-through Agency RMBS, such as mortgage pass through certificates and collateralized mortgage obligations; and structured Agency RMBS comprising interest only securities, inverse interest only securities, and principal only securities. The company has elected to be taxed as a real estate investment trust (REIT) for the United States federal income tax purposes. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to stockholders, if it annually distributes dividends equal to at least 90% of its REIT taxable income to its stockholders. Orchid Island Capital, Inc. was incorporated in 2010 and is headquartered in Vero Beach, Florida.