Orchid Island Capital, Inc./$ORC
1D1W1MYTD1Y5YMAX
Capital at risk
About Orchid Island Capital, Inc.
Orchid Island Capital Inc invests in residential mortgage-backed securities (RMBS) across the United States. The principal and interest payments of its RMBS are guaranteed by the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation, or the Government National Mortgage Association, and are backed by single-family residential mortgage loans. The company's investment portfolio is divided into two categories namely traditional pass-through Agency RMBS; and structured Agency RMBS, such as collateralized mortgage obligations, interest-only securities, inverse interest-only securities, and principal-only securities, among other types of structured Agency RMBS.
- Ticker
- $ORC
- Sector
- Real Estate
- Primary listing
- NYSE
- Employees
- -
- Headquarters
- Vero Beach, United States
- Website
- www.orchidislandcapital.com
ORC Metrics
BasicAdvanced
$750M
15.40
$0.58
1.83
$1.44
16.25%
Price and volume
Market cap
$750M
Beta
1.83
52-week high
$8.88
52-week low
$7.41
Average daily volume
2.8M
Dividend rate
$1.44
Financial strength
Current ratio
0.073
Quick ratio
0.073
Total debt to equity
7.518
Profitability
Gross margin (TTM)
69.22%
Net profit margin (TTM)
69.22%
Operating margin (TTM)
69.22%
Management effectiveness
Return on assets (TTM)
0.75%
Return on equity (TTM)
6.62%
Valuation
Price to earnings (TTM)
15.397
Price to revenue (TTM)
10.658
Price to book
1.1
Price to tangible book (TTM)
1.1
Dividend yield (TTM)
16.25%
Forward dividend yield
16.25%
Growth
Revenue change (TTM)
-362.89%
Earnings per share change (TTM)
-165.50%
3-year revenue growth (CAGR)
2.93%
3-year earnings per share growth (CAGR)
-40.07%
3-year dividend per share growth (CAGR)
-28.26%
What the Analysts think about ORC
Majority rating from 3 analysts.
| Month | Buy | Hold | Sell | Analysts | Majority rating |
|---|---|---|---|---|---|
| June 2022 | 1 | 2 | 0 | 3 | Hold |
| July 2022 | 1 | 2 | 0 | 3 | Hold |
| August 2022 | 0 | 3 | 0 | 3 | Hold |
| September 2022 | 0 | 3 | 0 | 3 | Hold |
| October 2022 | 0 | 3 | 0 | 3 | Hold |
| November 2022 | 0 | 3 | 0 | 3 | Hold |
| December 2022 | 0 | 3 | 0 | 3 | Hold |
Bulls say / Bears say
Orchid’s second-quarter recovery was strong: net income reached $89.2 million, or $0.44 per share, versus a loss a year earlier. Net interest income was $60.0 million, and book value rose to $7.22 per share, producing a 6.21% quarterly total return. (GlobeNewswire)
The operating backdrop improved in the second quarter. Prepayment speeds slowed to 10.9% from 14.7%, repo borrowing costs fell to 3.80%, and management reported a net interest spread of just under 2% with economic leverage of 7.3 times. (GlobeNewswire, Exa)
Share repurchases could support per-share value if Orchid continues buying below book value. Shares outstanding fell from 199.6 million at 30 June to 197.4 million by 14 September, while the company retained further repurchase authorisation. (GlobeNewswire, StockTitan)
The income case has weakened: the quarterly dividend fell to $0.30 in the second quarter from $0.36 in the first, and the monthly payout is now $0.10. Maintaining a very high yield after a cut suggests ongoing pressure on distributable earnings. (GlobeNewswire, GlobeNewswire)
The balance sheet remains highly exposed to funding and rate shocks. Orchid had $11.1 billion of repo borrowings and adjusted leverage of 7.7 times at 30 June; first-half unrealised RMBS losses of $143.3 million were only partly offset by $108.7 million of hedging gains. (StockTitan, GlobeNewswire)
Book value deteriorated soon after the second quarter, falling 4.3% by late July including the dividend accrual. At the same time, Orchid had issued 48.8 million shares under its equity distribution agreement by 30 June, creating dilution risk when new shares are sold below book value. (Exa, StockTitan)
Data summarised monthly by Lightyear AI. Last updated on 19 Sept 2026.
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Funds containing ORC
Fund name | Fund size | $ORC weighting |
|---|---|---|
SPDR Russell 2000 US Small Cap€R2US | €4.8B | 0.03% |
SPDR MSCI All Country World IM€SPYI | €7.5B | 0.00% |
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