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) ("Orchid” or the "Company"), a real estate investment trust ("REIT"), today announced that it will release results for the third quarter of 2022 following the close of trading on the New York Stock Exchange on Thursday, October 27, 2022. Earnings Conference Call Details An earnings conference call and live audio webcast will be hosted Friday, October 28, 2022, at 10:00 AM ET. The conference call may be accessed by dialing

Orchid Island Capital to Announce Third Quarter 2022 Results

VERO BEACH, Fla.--(BUSINESS WIRE)--Orchid Island Capital, Inc. (the “Company”) (NYSE: ORC) has become aware of an issue with stockholders of record of the Company's common stock on August 31, 2022 not receiving the full monthly cash dividend for the month of August 2022 of $0.16 per share that should have been paid on September 28, 2022. The Company fully funded this $0.16 per share dividend by making payment to its transfer agent prior to September 28, 2022. The Company understands that an ina

Orchid Island Capital Alerts Stockholders to Dividend Payment Issue

We've bashed ORC as if we were playing dungeons and dragons. It's time to upgrade ORC. The bearish rating comes to an end.

Orchid Island Capital: Finally Not Awful

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As real estate investment trusts (REITs) are required to distribute 90% of their taxable income to shareholders through dividend payments, and the rise in interest rates should prove to be a positive catalyst.

2 Double Digit REITS To Benefit From The Rise In Interest Rates - Chicago Atlantic Real (NASDAQ:REFI), Orchid Island Cap (NYSE:ORC)

VERO BEACH, Fla.--(BUSINESS WIRE)--Orchid Island Capital, Inc. (the “Company”) (NYSE: ORC) announced today that the Board of Directors of the Company declared a monthly cash dividend for the month of September 2022. The dividend of $0.16 per share will be paid October 27, 2022 to holders of record of the Company's common stock on September 30, 2022, with an ex-dividend date of September 29, 2022. The Company plans on announcing its next common stock dividend on October 12, 2022. The Company int

Orchid Island Capital Announces September 2022 Monthly Dividend and August 31, 2022 RMBS Portfolio Characteristics

A 1-for-5 reverse split of Orchid Island Capital (ORC) shares has gone into effect. These are the details.

Orchid Island Capital (ORC) Stock: 1-For-5 Reverse Split Goes Into Effect

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 has completed the previously announced reverse stock split of the outstanding shares of the Company's common stock, par value $0.01 per share (the “Common Stock”), at a ratio of one-for-five (the “Reverse Stock Split”), effective at 5:00 p.m. Eastern Time today (the “Effective Time”). The Common Stock will begin trading on a reve

Orchid Island Capital Completes One-for-five Reverse Stock Split

ORC has low institutional investments and has failed to achieve any price growth despite delivering extremely strong yield. ORC has an option of changing its investment strategy, investment guidelines and asset allocation without notice or stockholder consent.

Orchid Island Capital: Delicious 20% Yielder With A Side Order Of Risks

VERO BEACH, Fla.--(BUSINESS WIRE)--Fourth paragraph, second sentence of release should read: "The estimated book value per share includes a deduction for the Company's July 2022 dividend of $0.045 per share of Common Stock that will be paid on August 29, 2022, which was declared on July 13, 2022 with a July 29, 2022 record date." (instead of "The estimated book value per share includes a deduction for the Company's July 2022 dividend of $0.045 per share of Common Stock that will be paid on Augu

CORRECTING and REPLACING Orchid Island Capital Announces One-for-five Reverse Stock Split, August 2022 Monthly Dividend and July 31, 2022 RMBS Portfolio Characteristics

VERO BEACH, Fla.--(BUSINESS WIRE)--Orchid Island Capital, Inc. (the “Company”) (NYSE: ORC) announced today that the Board of Directors of the Company (the “Board”) approved a reverse stock split of the outstanding shares of the Company's common stock, par value $0.01 per share (the “Common Stock”), at a ratio of one-for-five (the “Reverse Stock Split”). The Reverse Stock Split is scheduled to take effect at approximately 5:00 p.m. Eastern Time on August 30, 2022 (the “Effective Time”). At the E

Orchid Island Capital Announces One-for-five Reverse Stock Split, August 2022 Monthly Dividend and July 31, 2022 RMBS Portfolio Characteristics

Orchid Island Capital, Inc. (NYSE:ORC ) Q2 2022 Results Conference Call August 5, 2022 10:00 AM ET Company Participants Robert Cauley - Chairman, President & Chief Executive Officer Hunter Haas - Chief Financial Officer and Chief Investment Officer and Director Conference Call Participants Jason Steward - Jones Trading Mikhail Goberman - JMP Securities Christopher Nolan - Ladenburg Thalmann Operator Good morning and welcome to the Second Quarter 2022 Earnings Conference Call for Orchid Island Capital. This call is being recorded today, August 5, 2022.

Orchid Island Capital, Inc. (ORC) CEO Robert Cauley on Q2 2022 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 June 30, 2022. Second Quarter 2022 Highlights Net loss of $60.1 million, or $0.34 per common share, which consists of: Net interest income of $27.1 million, or $0.15 per common share Total expenses of $4.9 million, or $0.03 per common share Net realized and unrealized losses of $82.3

Orchid Island Capital Announces Second Quarter 2022 Results

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VERO BEACH, Fla.--(BUSINESS WIRE)--Bimini Capital Management, Inc. (OTCQB:BMNM) ("Bimini” or the "Company"), today announced that it will release results for the second quarter of 2022 following the close of trading on Thursday, August 11, 2022. Earnings Conference Call Details An earnings conference call and live audio webcast will be hosted Friday, August 12, 2022, at 10:00 AM ET. Participants can receive dial-in information via email by following the link: https://ige.netroadshow.com/registr

Bimini Capital Management to Announce Second Quarter 2022 Results

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 second quarter of 2022 following the close of trading on the New York Stock Exchange on Thursday, August 4, 2022. Earnings Conference Call Details An earnings conference call and live audio webcast will be hosted Friday, August 5, 2022, at 10:00 AM ET. The conference call may be accessed by dialing to

Orchid Island Capital to Announce Second Quarter 2022 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 July 2022. The dividend of $0.045 per share will be paid August 29, 2022 to holders of record of the Company's common stock on July 29, 2022, with an ex-dividend date of July 28, 2022. The Company plans on announcing its next common stock dividend on August 17, 2022. The Company intends to make regu

Orchid Island Capital Announces Estimated Second Quarter 2022 Results, July 2022 Monthly Dividend and June 30, 2022 RMBS Portfolio Characteristics

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VERO BEACH, Fla.--(BUSINESS WIRE)--The table describing the Company's hedges in the release issued June 14, 2022, incorrectly labeled the Company's interest rate swaps ''TBA'' and incorrectly labeled the Company's ''to-be-announced'' securities ''Swaps.'' The updated release reads: Orchid Island Capital Announces June 2022 Monthly Dividend and May 31, 2022 RMBS Portfolio Characteristics June 2022 Monthly Dividend of $0.045 Per Share of Common Stock RMBS Portfolio Characteristics as of May 31, 2

CORRECTING and REPLACING Orchid Island Capital Announces June 2022 Monthly Dividend and May 31, 2022 RMBS Portfolio Characteristics

VERO BEACH, Fla.--(BUSINESS WIRE)--Orchid Island Capital, Inc. (the “Company”) (NYSE: ORC) announced today that the Board of Directors of the Company (the “Board”) declared a monthly cash dividend for the month of June 2022. The dividend of $0.045 per share will be paid July 27, 2022, to holders of record of the Company's common stock on June 30, 2022, with an ex-dividend date of June 29, 2022. The Company plans on announcing its next common stock dividend on July 13, 2022. The Company intends

Orchid Island Capital Announces June 2022 Monthly Dividend and May 31, 2022 RMBS Portfolio Characteristics

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Orchid Island Capital: Tempting 18% Yield But Stay Far Away From This Island!

VERO BEACH, Fla.--(BUSINESS WIRE)--Orchid Island Capital, Inc. (the “Company”) (NYSE: ORC) announced today that the Board of Directors of the Company (the “Board”) declared a monthly cash dividend for the month of May 2022. The dividend of $0.045 per share will be paid June 28, 2022, to holders of record of the Company's common stock on May 31, 2022, with an ex-dividend date of May 27, 2022. The Company plans on announcing its next common stock dividend on June 14, 2022. The Company intends to

Orchid Island Capital Announces May 2022 Monthly Dividend and April 30, 2022 RMBS Portfolio Characteristics

Orchid Island Capital, Inc. (NYSE:ORC ) Q1 2022 Earnings Conference Call April 29, 2022 10:00 AM ET Company Participants Robert Cauley - Chairman, President & Chief Executive Officer Hunter Haas - Chief Financial Officer and Chief Investment Officer and Director Conference Call Participants Mikhail Goberman - JMP Securities Operator Good morning and welcome to the First Quarter 2022 Earnings Conference Call for Orchid Island Capital. This call is being recorded today, April 29, 2022.

Orchid Island Capital, Inc. (ORC) CEO Robert Cauley on Q1 2022 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 March 31, 2022. First Quarter 2022 Highlights Net loss of $148.7 million, or $0.84 per common share, which consists of: Net interest income of $39.2 million, or $0.22 per common share Total expenses of $4.7 million, or $0.03 per common share Net realized and unrealized losses of $183

Orchid Island Capital Announces First Quarter 2022 Results

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