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., Aug.  19, 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 August 2020. The dividend of $0.065 per share will be paid September 28, 2020, to holders of record of the Company’s common stock on August 31, 2020, with an ex-dividend date of August 28, 2020.  The Company plans on announcing its next common stock dividend after the Board’s meeting on September 16, 2020.

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

Orchid Island Capital, Inc. (ORC) CEO Robert Cauley on Q2 2020 Results - Earnings Call Transcript

VERO BEACH, Fla., July  30, 2020  (GLOBE NEWSWIRE) -- 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 June 30, 2020.

Orchid Island Capital Announces Second Quarter 2020 Results

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VERO BEACH, Fla., July  15, 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 July 2020. The dividend of $0.06 per share will be paid August 27, 2020 to holders of record on July 31, 2020, with an ex-dividend date of July 30, 2020. The Company plans on announcing its next dividend after the Board’s meeting on August 19, 2020.

Orchid Island Capital Announces Estimated Second Quarter 2020 Results, July 2020 Monthly Dividend and June 30, 2020 RMBS Portfolio Characteristics

VERO BEACH, Fla., July  15, 2020  (GLOBE NEWSWIRE) -- 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 second quarter of 2020 following the close of trading on the New York Stock Exchange on Thursday, July 30, 2020.

Orchid Island Capital to Announce Second Quarter 2020 Results

The stock has rallied tremendously, and now that stimulus is slowing, it may be best to take profits.

Orchid Island Capital Has Short-Term Risks Due To Slowing Stimulus

VERO BEACH, Fla., June  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 June 2020. The dividend of $0.055 per share will be paid July 29, 2020, to holders of record of the Company’s common stock on June 30, 2020, with an ex-dividend date of June 29, 2020.  The Company plans on announcing its next common stock dividend after the Board’s meeting on July 15, 2020.

Orchid Island Capital Announces June 2020 Monthly Dividend and May 31, 2020 RMBS Portfolio Characteristics

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VERO BEACH, Fla., May  13, 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 May 2020. The dividend of $0.055 per share will be paid June 26, 2020, to holders of record of the Company’s common stock on May 29, 2020, with an ex-dividend date of May 28, 2020. The Company plans on announcing its next common stock dividend after the Board’s meeting on June 16, 2020.

Orchid Island Capital Announces May 2020 Monthly Dividend and April 30, 2020 RMBS Portfolio Characteristics

Orchid Island Capital, Inc. (ORC) CEO Robert Cauley on Q1 2020 Results - Earnings Call Transcript

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VERO BEACH, Fla., March  30, 2020  (GLOBE NEWSWIRE) -- Orchid Island Capital, Inc. (the “Company”) (NYSE:ORC) announced updated details of its Agency RMBS portfolio, estimated book value and liquidity position as of March 27, 2020.  All of the Company’s assets are Agency RMBS, the principal and interest of which are guaranteed by the Federal National Mortgage Association (“Fannie Mae”), the Federal Home Loan Mortgage Corporation (“Freddie Mac”) or the Government National Mortgage Association (“Ginnie Mae”) and are backed primarily by single-family residential mortgage loans. 

ORCHID ISLAND CAPITAL PROVIDES MARKET UPDATE IN LIGHT  OF RECENT MARKET DISRUPTIONS STEMMING FROM THE  CORONAVIRUS PANDEMIC

VERO BEACH, Fla., March  18, 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 March 2020. The dividend of $0.08 per share will be paid April 28, 2020, to holders of record of the Company’s common stock on March 31, 2020, with an ex-dividend date of March 30, 2020.  The Company plans on announcing its next common stock dividend after the Board’s meeting on April 8, 2020.

ORCHID ISLAND CAPITAL ANNOUNCES MARCH 2020 MONTHLY DIVIDEND AND FEBRUARY 29, 2020 RMBS PORTFOLIO CHARACTERISTICS

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Should Value Investors Buy Orchid Island (ORC) Stock?

Orchid Island Capital, Inc. (ORC) CEO Robert Cauley on Q4 2019 Results - Earnings Call Transcript

VERO BEACH, Fla., Feb.  12, 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 February 2020. The dividend of $0.08 per share will be paid March 27, 2020, to holders of record on February 28, 2020, with an ex-dividend date of February 27, 2020.  The Company plans on announcing its next dividend after the Board’s meeting on March 18, 2020.

Orchid Island Capital Announces February 2020 Monthly Dividend and January 31, 2020 RMBS Portfolio Characteristics

VERO BEACH, Fla., Feb.  11, 2020  (GLOBE NEWSWIRE) -- Orchid Island Capital, Inc. (NYSE:ORC) (the “Company”) announced today that it has launched an underwritten public offering of its new Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”), with a liquidation preference equivalent to $25.00 per share, subject to market conditions. The terms of the Series A Preferred Stock are to be determined by negotiations between the Company and the underwriters. The Company intends to list the Series A Preferred Stock on the New York Stock Exchange under the symbol “ORC PR A.” The Company expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of the Series A Preferred Stock solely to cover over-allotments, if any. Ladenburg Thalmann, a subsidiary of Ladenburg Thalmann Financial Services Inc., Janney Montgomery Scott LLC and MUFG are acting as joint book-running managers for this offering. JonesTrading, National Securities Corporation, a wholly owned subsidiary of National Holdings Corporation, and William Blair & Company are acting as co‑managers.

Orchid Island Capital, Inc. Launches Public Offering of Preferred Stock

VERO BEACH, Fla., Jan.  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 January 2020. The dividend of $0.08 per share will be paid February 26, 2020 to holders of record on January 31, 2020, with an ex-dividend date of January 30, 2020. The Company plans on announcing its next dividend after the Board’s meeting on February 12, 2020.

Orchid Island Capital Announces Estimated Fourth Quarter 2019 Results, January 2020 Monthly Dividend and December 31, 2019 RMBS Portfolio Characteristics

Orchid Island Capital pays a high yield rate, but is it a good dividend stock?

Is Orchid Island Capital a Great Dividend Stock?

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VERO BEACH, Fla., Dec.  12, 2019  (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 December 2019. The dividend of $0.08 per share will be paid January 31, 2020, to holders of record on December 31, 2019, with an ex-dividend date of December 30, 2019.  The Company plans on announcing its next dividend after the Board’s meeting on January 16, 2020.

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