Orchid Island Capital (ORC) Stock Price, News & Analysis

Company Overview

Orchid Island Capital, Inc., 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.

Key Stats

• Today's Range: $7.95 to $8.05
• 50-Day Range: $7.52 to $8.16
• 52-Week Range: $7.41 to $9.08
• Volume: 557,889 shs
• Average Volume: 1.62 million shs
• Market Capitalization: $641.99 million
• P/E Ratio: 7.66
• Dividend Yield: 17.91%
• Price Target: $9.50
• Consensus Rating: Moderate Buy

Orchid Island Capital Stock Analysis - MarketRank™

Orchid Island Capital scored higher than 81% of companies evaluated by MarketBeat, and ranked 263rd out of 959 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Orchid Island Capital has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Orchid Island Capital has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Orchid Island Capital are expected to grow in the coming year, from ($0.25) to $0.22 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Orchid Island Capital is 7.61, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.59.

Price to Earnings Ratio vs. Sector

The P/E ratio of Orchid Island Capital is 7.61, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 48.92.

Price to Book Value per Share Ratio

Orchid Island Capital has a P/B Ratio of 0.89. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

9.05% of the float of Orchid Island Capital has been sold short.

Short Interest Ratio / Days to Cover

Orchid Island Capital has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Orchid Island Capital has recently increased by 15.12%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Orchid Island Capital is a leading dividend payer. It pays a dividend yield of 17.87%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Orchid Island Capital does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Orchid Island Capital is 137.14%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Orchid Island Capital will have a dividend payout ratio of 654.55% in the coming year. This indicates that Orchid Island Capital may not be able to sustain their current dividend.

Sustainability and ESG

• Score: 2.6 / 5
• Environmental Score: -3.72

Percentage of Shares Shorted

9.05% of the float of Orchid Island Capital has been sold short.

Short Interest Ratio / Days to Cover

Orchid Island Capital has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Orchid Island Capital has recently increased by 15.12%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 4.0 / 5
• News Sentiment: 1.14

News Sentiment

Orchid Island Capital has a news sentiment score of 1.14. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.76 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Orchid Island Capital this week, compared to 2 articles on an average week.

Search Interest

56 people have searched for ORC on MarketBeat in the last 30 days. This is an increase of 93% compared to the previous 30 days.

MarketBeat Follows

13 people have added Orchid Island Capital to their MarketBeat watchlist in the last 30 days. This is an increase of 333% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Orchid Island Capital insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.61% of the stock of Orchid Island Capital is held by insiders.

Percentage Held by Institutions

Only 32.74% of the stock of Orchid Island Capital is held by institutions.

ORC Stock Analysis - Frequently Asked Questions

How have ORC shares performed this year?

Orchid Island Capital's stock was trading at $8.43 at the beginning of 2024. Since then, ORC stock has decreased by 5.2% and is now trading at $7.9950.
View the best growth stocks for 2024 here.

How were Orchid Island Capital's earnings last quarter?

Orchid Island Capital, Inc. (NYSE:ORC) released its earnings results on Thursday, October, 24th. The real estate investment trust reported ($0.05) earnings per share for the quarter, hitting analysts' consensus estimates of ($0.05).

When did Orchid Island Capital's stock split?

Shares of Orchid Island Capital reverse split on Wednesday, August 31st 2022. The 1-5 reverse split was announced on Wednesday, August 31st 2022. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, August 31st 2022. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split.

Who are Orchid Island Capital's major shareholders?

Top institutional shareholders of Orchid Island Capital include Geode Capital Management LLC (2.10%), State Street Corp (1.37%), Van ECK Associates Corp (0.97%) and Charles Schwab Investment Management Inc. (0.75%). Insiders that own company stock include Robert E Cauley and G Hunter Iv Haas.
View institutional ownership trends.

How do I buy shares of Orchid Island Capital?

Shares of ORC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Orchid Island Capital own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Orchid Island Capital investors own include American Water Works (AWK), DiamondRock Hospitality (DRH), Verizon Communications (VZ), The RMR Group (RMR), Waste Connections (WCN), Voyager Therapeutics (VYGR) and Humana (HUM).

Company Calendar

• Last Earnings: 10/24/2024
• Ex-Dividend for 12/30 Dividend: 11/29/2024
• Today: 12/18/2024
• Dividend Payable: 12/30/2024
• Ex-Dividend for 1/30 Dividend: 12/31/2024
• Fiscal Year End: 12/31/2024
• Dividend Payable: 1/30/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Trading
• Current Symbol: NYSE:ORC
• CUSIP: N/A
• CIK: 1518621
• Web: www.orchidislandcapital.com
• Phone: (772) 231-1400
• Fax: N/A
• Employees: 2,018
• Year Founded: 2010

Price Target and Rating

• Average Stock Price Target: $9.50
• High Stock Price Target: $9.50
• Low Stock Price Target: $9.50
• Potential Upside/Downside: +18.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.05
• Trailing P/E Ratio: 7.61
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-39,230,000.00
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -4.08%
• Return on Assets: -0.46%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 5,246.50
• Quick Ratio: 5,246.50

Sales & Book Value

• Annual Sales: $75.70 million
• Price / Sales: 8.43
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $8.98 per share
• Price / Book: 0.89

Miscellaneous

• Outstanding Shares: 79,850,000
• Free Float: 79,363,000
• Market Cap: $638.40 million
• Optionable: Optionable
• Beta: 1.84