Orchid Island Capital

Orchid Island Capital, Inc. operates as a specialty finance company, investing in residential mortgage-backed securities (RMBS). Its portfolio consists of traditional pass-through Agency RMBS and structured Agency RMBS. The traditional pass-through Agency RMBS include mortgage pass through certificates and collateralized mortgage obligations. The structured Agency RMBS consist of interest only, inverse interest only, and principal only securities. The company was founded on August 17, 2010 and is headquartered in Vero Beach, FL.

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Orchid Island Capital excels in Q4 earnings, eyes market opportunities

Orchid Island Capital's Q4 2022 earnings call highlighted strong financial performance, strategic positioning, and confidence in dividend sustainability. The company's focus on lower coupon securities, legacy hedges, and TBA shorts showcases proactive market engagement. Challenges include market timing uncertainty and assessing income components accurately, while opportunities lie in attractive hedge levels and potential double-digit returns.

Orchid Island Capital reports mixed Q1 results amid market challenges

Orchid Island Capital navigated a challenging market environment in Q1 2023 with mixed financial results and strategic portfolio positioning.
The company faces market volatility and dividend sustainability concerns but maintains a transparent and proactive approach to risk management.
Opportunities exist for Orchid Island to capitalize on potential market rallies, adjust portfolio dynamics, and optimize returns amidst economic changes.
Investors should monitor Orchid Island's response to market developments and strategic positioning for potential growth and risk mitigation.

Orchid Island Capital reports solid Q2 earnings amidst market challenges

Orchid Island Capital's Q2 performance showed resilience in income generation and dividend payments despite a decline in book value per share. The company is strategically adjusting its hedges and leverage to seize opportunities in the mortgage market. Challenges lie in maintaining asset value and navigating market sentiment for sustainable dividends.

Orchid Island Capital reports Q3 loss, focuses on risk management

Orchid Island Capital faced a challenging quarter with significant net income loss and a decrease in book value, driven by market conditions.
Despite challenges, the company's focus on risk management, portfolio diversification, and hedging positions remain key strengths.
Market challenges, limited dividend flexibility, and ongoing margin call activity pose hurdles, but opportunities exist in enhancing sponsorship and managing tax implications.
Maintaining a disciplined approach to risk management and capitalizing on potential opportunities will be crucial for Orchid Island Capital's future performance.

Orchid Island Capital reports solid Q4 performance amidst market challenges

Orchid Island Capital's Q4 performance showed resilience with improved funding costs and positive spreads. Despite challenges from market volatility, the company is optimistic about potential dividend expansions and strategic portfolio adjustments.

Orchid Island Capital reports Q1 earnings decline amid market uncertainty

Orchid Island Capital reported a decrease in net income and total return for Q1 2024, with a slight increase in book value. The company's strategy focused on protecting book value and maintaining well-covered dividends.
Challenges include market volatility, potential impact on levered mortgage investors, and the need to navigate rate changes. Opportunities lie in capitalizing on market developments, funding strategies, and optimizing the portfolio.
Overall, Orchid Island Capital's performance reflects the current market conditions, with strengths in portfolio stability and strategic planning. The company faces challenges but also has opportunities to enhance returns and adapt to changing environments.

Orchid Island Capital reports Q2 loss, navigates market challenges

Orchid Island Capital faced challenges with a net loss per share in Q2 2024, but maintained a focus on portfolio growth and risk management strategies.
Despite market uncertainties, the company declared dividends, utilized effective hedging, and aimed to optimize returns amidst changing interest rate environments.
Opportunities lie in market developments, strategic positioning amid potential Fed actions, and aligning economic income with cash ROE for enhanced performance.
Navigating through market volatility and housing market weaknesses, Orchid Island Capital aims to leverage opportunities for growth and value creation.

Orchid Island Capital reports improved Q3 performance amidst market challenges

Orchid Island Capital's Q3 2024 performance showcased improved net income per share and a positive total return, despite challenges from widened mortgage spreads and increased volatility. The company's strategic focus on portfolio adjustments, funding cost optimization, and proactive risk management positions it well to capitalize on market opportunities and drive shareholder value. Evaluating leverage, hedge ratios, and dividend strategies will be key for sustaining growth and navigating market uncertainties.

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Orchid Island Capital, Inc. is a finance company, which engages in investing activities. It invests in residential mortgage-backed securities. The company was founded on August 17, 2010 and is headquartered in Vero Beach, FL.

VERO BEACH, Fla.--(BUSINESS WIRE)--Orchid Island Capital, Inc. (NYSE:ORC) (the “Company”) announced today the closing of an underwritten public offering of 9,200,000 shares of its common stock, including 1,200,000 shares purchased by the underwriter pursuant to its exercise, in full, of an option to purchase additional shares. Aggregate net proceeds to the Company from the offering, after deducting estimated offering expenses, were approximately $50.0 million. J.P. Morgan acted as sole bookrunn

Orchid Island Capital, Inc. Announces Full Exercise of Underwriter's Option to Purchase Additional Shares and Closing of Public Offering of Common Stock

VERO BEACH, Fla.--(BUSINESS WIRE)--Orchid Island Capital, Inc. (NYSE:ORC) (the “Company”) announced today that it priced an underwritten public offering of 8,000,000 shares of its common stock for gross proceeds of approximately $44.4 million. The Company also granted the underwriter a 30-day option to purchase up to an additional 1,200,000 shares of common stock. The offering is expected to close on March 5, 2021, subject to customary closing conditions. J.P. Morgan acted as sole bookrunning m

Orchid Island Capital, Inc. Announces Pricing of Public Offering of Common Stock

VERO BEACH, Fla.--(BUSINESS WIRE)--Orchid Island Capital, Inc. (NYSE:ORC) (the “Company”) announced today that it plans to make a public offering of 8,000,000 shares of its common stock. The Company also expects to grant the underwriter an option to purchase up to an additional 1,200,000 shares of common stock. J.P. Morgan will serve as sole bookrunning manager for the offering. The Company intends to use the net proceeds of this offering to invest in a targeted mix of Agency RMBS and for gener

Orchid Island Capital, Inc. Announces Public Offering of Common Stock

Orchid Island Capital, Inc. (ORC) CEO Robert Cauley on Q4 2020 Results - Earnings Call Transcript

VERO BEACH, Fla.--(BUSINESS WIRE)--Bimini Capital Management, Inc. (OTCBB:BMNM) ("Bimini” or the "Company"), today announced that it will release results for the fourth quarter of 2020 following the close of trading on the New York Stock Exchange on Thursday, March 11, 2021. Earnings Conference Call Details An earnings conference call and live audio webcast will be hosted Friday, March 12, 2020, at 10:00 AM ET. Participants can receive dial-in information via email by following the link: https:

Bimini Capital Management to Announce Fourth Quarter 2020 Results

Shares of Orchid Island Capital (NYSE:ORC) decreased in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share decreased 20.69% year over year to $0.23, which missed the estimate of $0.26.

Orchid Island Capital: Q4 Earnings Insights

VERO BEACH, Fla.--(BUSINESS WIRE)--Orchid Island Capital, Inc. (NYSE:ORC) ("Orchid” or the "Company"), a real estate investment trust ("REIT"), today announced results of operations for the three month period ended December 31, 2020. Fourth Quarter 2020 Highlights Net income of $16.5 million, or $0.23 per common share, which consists of: Net interest income of $23.9 million, or $0.34 per common share Total expenses of $2.8 million, or $0.04 per common share Net realized and unrealized losses of

Orchid Island Capital Announces Fourth Quarter 2020 Results

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The GEO Group showed top-broker estimated net gains of 103.33%, while Orchid Island Capital had the top (14.3%) yield out of 350 U.S. REITs per YCharts data 2/8/21. Top 10 net gainers TWO, PMT, EARN, GOOD, AFIN, NRZ, RC, CMO, CHMI, and GNL ranged 13.6%-30.1% 2/8/21. Top 36 US REITs (priced over $5) by yield represented 8 of 9 REIT industries.

67 U.S. Real Estate Investment Trusts Yield Over 7% In February

VERO BEACH, Fla.--(BUSINESS WIRE)--Orchid Island Capital, Inc. (the “Company”) (NYSE:ORC) announced today that the Board of Directors (the “Board”) declared a monthly cash dividend for the month of February 2021. The dividend of $0.065 per share will be paid March 29, 2021, to holders of record of the Company's common stock on February 26, 2021, with an ex-dividend date of February 25, 2021. The Company plans on announcing its next common stock dividend on March 17, 2021. The Company intends to

Orchid Island Capital Announces February 2021 Monthly Dividend and January 31, 2021 RMBS Portfolio Characteristics

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VERO BEACH, Fla.--(BUSINESS WIRE)--Orchid Island Capital, Inc. (NYSE:ORC) ("Orchid” or the "Company"), a real estate investment trust ("REIT"), today announced that it will release results for the fourth quarter of 2020 following the close of trading on the New York Stock Exchange on Thursday, February 25, 2021. Earnings Conference Call Details An earnings conference call and live audio webcast will be hosted Friday, February 26, 2021, at 10:00 AM ET. The conference call may be accessed by dial

Orchid Island Capital to Announce Fourth Quarter 2020 Results

VERO BEACH, Fla.--(BUSINESS WIRE)--Orchid Island Capital, Inc. (the “Company”) (NYSE:ORC) announced today that the Board of Directors (the “Board”) declared a monthly cash dividend for the month of January 2021. The dividend of $0.065 per share will be paid February 24, 2021 to holders of record on January 29, 2021, with an ex-dividend date of January 28, 2021. The Company plans on announcing its next dividend after the Board's meeting on February 10, 2021. The Company intends to make regular m

Orchid Island Capital Announces Estimated Fourth Quarter 2020 Results, January 2021 Monthly Dividend and December 31, 2020 RMBS Portfolio Characteristics

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Current Yields Rising From Higher mREIT Dividends

VERO BEACH, Fla.--(BUSINESS WIRE)--Orchid Island Capital, Inc. (the “Company”) (NYSE:ORC) announced today that the Board of Directors (the “Board”) declared a monthly cash dividend for the month of December 2020. The dividend of $0.065 per share will be paid January 27, 2020, to holders of record of the Company's common stock on December 31, 2020, with an ex-dividend date of December 30, 2020. The Company plans on announcing its next common stock dividend on January 14, 2020. The Company intend

Orchid Island Capital Announces December 2020 Monthly Dividend and November 30, 2020 RMBS Portfolio Characteristics

Hedge Funds and other institutional investors have just completed filing their 13Fs with the Securities and Exchange Commission, revealing their equity portfolios as of the end of September. At Insider Monkey, we follow nearly 817 active hedge funds and notable investors and by analyzing their 13F filings, we can determine the stocks that they are collectively bullish on. One of their picks is Orchid Island Capital, Inc. (NYSE:ORC), so let's take a closer look at the sentiment that surrounds it in the current quarter.

Where Do Hedge Funds Stand On Orchid Island Capital, Inc. (ORC)?

Orchid Island Capital, Inc. (ORC) CEO Robert Cauley on Q3 2020 Results - Earnings Call Transcript

VERO BEACH, Fla.--(BUSINESS WIRE)--Orchid Island Capital, Inc. (NYSE:ORC) ("Orchid” or the "Company"), a real estate investment trust ("REIT"), today announced results of operations for the three month period ended September 30, 2020. Third Quarter 2020 Highlights Net income of $28.1 million, or $0.42 per common share, which consists of: Net interest income of $25.2 million, or $0.37 per common share Total expenses of $2.8 million, or $0.04 per common share Net realized and unrealized gains of

Orchid Island Capital Announces Third Quarter 2020 Results

Orchid Island Capital has been trading at its $5.2 book value for months, which is unlikely to rise without a deflationary shock. Even with the economy showing recovery signals, a large portion of homeowners are failing or struggling to make payments.

Orchid Island: Shuttering Mortgage Market Signals Potential Bearish Move

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VERO BEACH, Fla.--(BUSINESS WIRE)--Orchid Island Capital, Inc. (NYSE:ORC) ("Orchid” or the "Company"), a real estate investment trust ("REIT"), today announced that it will release results for the third quarter of 2020 following the close of trading on the New York Stock Exchange on Thursday, October 29, 2020. Earnings Conference Call Details An earnings conference call and live audio webcast will be hosted Friday, October 30, 2020, at 10:00 AM ET. The conference call may be accessed by dialing

Orchid Island Capital to Announce Third Quarter 2020 Results

VERO BEACH, Fla.--(BUSINESS WIRE)--Orchid Island Capital, Inc. (the “Company”) (NYSE:ORC) announced today that the Board of Directors (the “Board”) declared a monthly cash dividend for the month of October 2020. The dividend of $0.065 per share will be paid November 25, 2020 to holders of record on October 30, 2020, with an ex-dividend date of October 29, 2020. The Company plans on announcing its next dividend after the Board’s meeting on November 12, 2020. The Company intends to make regular m

Orchid Island Capital Announces Estimated Third Quarter 2020 Results, October 2020 Monthly Dividend and September 30, 2020 RMBS Portfolio Characteristics

VERO BEACH, Fla., Sept.  16, 2020  (GLOBE NEWSWIRE) -- Orchid Island Capital, Inc. (the “Company”) (NYSE:ORC) announced today that the Board of Directors (the “Board”) declared a monthly cash dividend for the month of September 2020. The dividend of $0.065 per share will be paid October 28, 2020, to holders of record of the Company’s common stock on September 30, 2020, with an ex-dividend date of September 29, 2020.  The Company plans on announcing its next common stock dividend after the Board’s meeting on October 14, 2020.

Orchid Island Capital Announces September 2020 Monthly Dividend and August 31, 2020 RMBS Portfolio Characteristics

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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Orchid Island (ORC) a Great Value Stock Right Now?

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