Real Estate - REIT - Mortgage - NYSE - US
$ 7.81
0.644 %
$ 612 M
Market Cap
6.4
P/E
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 qualifies as a real estate investment trust for federal income tax purposes. Orchid Island Capital, Inc. was incorporated in 2010 and is based in Vero Beach, Florida.[ Read More ]
The intrinsic value of one ORC stock under the base case scenario is HIDDEN Compared to the current market price of 7.81 USD, Orchid Island Capital, Inc. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart ORC
FINANCIALS
155 M
REVENUE
0
OPERATING INCOME
-39.2 M
NET INCOME
8 M
OPERATING CASH FLOW
-441 M
INVESTING CASH FLOW
396 M
FINANCING CASH FLOW
68.2 M
REVENUE
84.6 M
OPERATING INCOME
17.3 M
NET INCOME
-14.8 M
OPERATING CASH FLOW
-878 M
INVESTING CASH FLOW
969 M
FINANCING CASH FLOW
Balance Sheet Decomposition
Orchid Island Capital, Inc.
| Current Assets | 336 M |
| Cash & Short-Term Investments | 321 M |
| Receivables | 15 M |
| Other Current Assets | 0 |
| Non-Current Assets | 7.79 B |
| Long-Term Investments | 3.9 B |
| PP&E | 0 |
| Other Non-Current Assets | 3.89 B |
| Current Liabilities | 3.79 B |
| Accounts Payable | 7.94 M |
| Short-Term Debt | 3.71 B |
| Other Current Liabilities | 80.4 M |
| Non-Current Liabilities | 1.03 M |
| Long-Term Debt | 0 |
| Other Non-Current Liabilities | 1.03 M |
EFFICIENCY
Earnings Waterfall
Orchid Island Capital, Inc.
| Revenue | 155 M |
| Cost Of Revenue | 11.2 M |
| Gross Profit | 144 M |
| Operating Expenses | 3.44 M |
| Operating Income | 0 |
| Other Expenses | 39.2 M |
| Net Income | -39.2 M |
RATIOS
92.77%
GROSS MARGIN
0.00%
OPERATING MARGIN
-25.32%
NET MARGIN
-8.35%
ROE
-0.92%
ROA
0.00%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Orchid Island Capital, Inc.
| Net Income | -39.2 M |
| Depreciation & Amortization | 0 |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 1.2 M |
| Change in Working Capital | -4.29 M |
| Others | 49.5 M |
| Free Cash Flow | 8 M |
Wall Street Analysts Price Targets
Orchid Island Capital, Inc.
ORC has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
4.25%
DIVIDEND YIELD
0.12 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Orchid Island Capital, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
18.9 K USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
18.9 K USD 1
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
10 months ago
Dec 20, 2023
|
Bought 18.9 K USD
|
Haas G Hunter IV
Chief Financial Officer |
+ 2194
|
8.605 USD |
|
10 months ago
Dec 20, 2023
|
Sell 16.5 K USD
|
Haas G Hunter IV
Chief Financial Officer |
- 1918
|
8.605 USD |
|
10 months ago
Dec 20, 2023
|
Sell 2.37 K USD
|
Haas G Hunter IV
Chief Financial Officer |
- 276
|
8.6 USD |
|
1 year ago
Oct 13, 2023
|
Bought 36.8 K USD
|
Cauley Robert E
Chief Executive Officer |
+ 5000
|
7.37 USD |
|
1 year ago
Oct 13, 2023
|
Bought 37.1 K USD
|
Cauley Robert E
Chief Executive Officer |
+ 5000
|
7.4199 USD |
|
1 year ago
Oct 13, 2023
|
Bought 18.5 K USD
|
Cauley Robert E
Chief Executive Officer |
+ 2500
|
7.415 USD |
|
1 year ago
Oct 13, 2023
|
Bought 18.6 K USD
|
Cauley Robert E
Chief Executive Officer |
+ 2500
|
7.425 USD |
|
1 year ago
Oct 03, 2023
|
Bought 19.3 K USD
|
Cauley Robert E
Chief Executive Officer |
+ 2500
|
7.71 USD |
|
1 year ago
Oct 03, 2023
|
Bought 19.4 K USD
|
Cauley Robert E
Chief Executive Officer |
+ 2500
|
7.74 USD |
|
1 year ago
Oct 03, 2023
|
Bought 19.4 K USD
|
Cauley Robert E
Chief Executive Officer |
+ 2500
|
7.75 USD |
|
1 year ago
Oct 03, 2023
|
Bought 19.5 K USD
|
Cauley Robert E
Chief Executive Officer |
+ 2500
|
7.8 USD |
|
1 year ago
Oct 03, 2023
|
Bought 158 K USD
|
Cauley Robert E
Chief Executive Officer |
+ 20000
|
7.91 USD |
|
4 years ago
Mar 16, 2020
|
Bought 49.6 K USD
|
Haas G Hunter IV
CFO, CIO and Secretary |
+ 12860
|
3.86 USD |
|
4 years ago
Mar 16, 2020
|
Bought 8.09 K USD
|
Haas G Hunter IV
CFO, CIO and Secretary |
+ 2140
|
3.78 USD |
|
4 years ago
Mar 16, 2020
|
Bought 36.6 K USD
|
Haas G Hunter IV
CFO, CIO and Secretary |
+ 9800
|
3.73 USD |
|
4 years ago
Mar 16, 2020
|
Bought 744 USD
|
Haas G Hunter IV
CFO, CIO and Secretary |
+ 200
|
3.72 USD |
|
4 years ago
Mar 13, 2020
|
Bought 38.8 K USD
|
Cauley Robert E
CEO |
+ 10000
|
3.8825 USD |
|
4 years ago
Mar 13, 2020
|
Bought 19.3 K USD
|
Cauley Robert E
CEO |
+ 5000
|
3.8577 USD |
|
4 years ago
Mar 13, 2020
|
Bought 19 K USD
|
Cauley Robert E
CEO |
+ 5000
|
3.8033 USD |
|
4 years ago
Mar 13, 2020
|
Bought 19 K USD
|
Cauley Robert E
CEO |
+ 5000
|
3.8095 USD |
|
6 years ago
Sep 12, 2018
|
Bought 2.46 K USD
|
Bitting W Coleman
Director |
+ 330
|
7.45 USD |
|
6 years ago
Sep 12, 2018
|
Bought 11.9 K USD
|
Bitting W Coleman
Director |
+ 1600
|
7.44 USD |
|
6 years ago
Sep 12, 2018
|
Sell 14 K USD
|
Bitting W Coleman
Director |
- 1880
|
7.43 USD |
|
7 years ago
Jun 19, 2017
|
Bought 1.64 K USD
|
Bitting W Coleman
Director |
+ 162
|
10.15 USD |
|
7 years ago
Jun 19, 2017
|
Bought 27.8 K USD
|
Bitting W Coleman
Director |
+ 2750
|
10.1 USD |
|
7 years ago
Jun 19, 2017
|
Sell 29.3 K USD
|
Bitting W Coleman
Director |
- 2900
|
10.09 USD |
|
7 years ago
Mar 31, 2017
|
Sell 114 K USD
|
Parker Ava L
Director |
- 11477
|
9.93 USD |
|
7 years ago
Mar 03, 2017
|
Bought 180 K USD
|
HEUVELEN JOHN VAN
Director |
+ 19130
|
9.389 USD |
|
7 years ago
Mar 03, 2017
|
Bought 760 K USD
|
HEUVELEN JOHN VAN
Director |
+ 80870
|
9.4 USD |
|
7 years ago
Mar 02, 2017
|
Bought 28.3 K USD
|
FILIPPS FRANK P
Director |
+ 3000
|
9.44 USD |
|
7 years ago
Feb 27, 2017
|
Bought 24.2 K USD
|
Cauley Robert E
President, CEO |
+ 2500
|
9.6763 USD |
|
7 years ago
Feb 27, 2017
|
Bought 48.2 K USD
|
Cauley Robert E
President, CEO |
+ 5000
|
9.65 USD |
|
7 years ago
Feb 27, 2017
|
Bought 39.7 K USD
|
Haas G Hunter IV
CFO, CIO and Secretary |
+ 4100
|
9.69 USD |
|
7 years ago
Feb 27, 2017
|
Bought 26.1 K USD
|
Haas G Hunter IV
CFO, CIO and Secretary |
+ 2700
|
9.68 USD |
|
7 years ago
Feb 27, 2017
|
Bought 1.93 K USD
|
Haas G Hunter IV
CFO, CIO and Secretary |
+ 200
|
9.67 USD |
|
8 years ago
Sep 30, 2016
|
Bought 914 USD
|
Haas G Hunter IV
CFO, CIO and Secretary |
+ 87
|
10.5 USD |
|
8 years ago
Aug 31, 2016
|
Bought 906 USD
|
Haas G Hunter IV
CFO, CIO and Secretary |
+ 86
|
10.53 USD |
|
7 years ago
Nov 28, 2016
|
Bought 18.9 K USD
|
Bitting W Coleman
Director |
+ 1754
|
10.8 USD |
|
7 years ago
Nov 28, 2016
|
Bought 527 USD
|
Bitting W Coleman
Director |
+ 48
|
10.97 USD |
|
7 years ago
Nov 28, 2016
|
Sell 19.2 K USD
|
Bitting W Coleman
Director |
- 1790
|
10.72 USD |
|
8 years ago
Aug 02, 2016
|
Bought 16 K USD
|
Bitting W Coleman
Director |
+ 1465
|
10.898 USD |
|
8 years ago
Aug 01, 2016
|
Bought 5.97 K USD
|
Bitting W Coleman
Director |
+ 545
|
10.9579 USD |
|
8 years ago
Aug 02, 2016
|
Sell 15.7 K USD
|
Bitting W Coleman
Director |
- 1440
|
10.8725 USD |
|
8 years ago
Aug 01, 2016
|
Bought 1.98 K USD
|
Bitting W Coleman
Director |
+ 180
|
10.9799 USD |
|
8 years ago
Aug 01, 2016
|
Sell 7.94 K USD
|
Bitting W Coleman
Director |
- 725
|
10.95 USD |
|
8 years ago
Dec 14, 2015
|
Bought 67.6 K USD
|
BIMINI CAPITAL MANAGEMENT, INC.
10 percent owner |
+ 8000
|
8.45 USD |
|
8 years ago
Dec 14, 2015
|
Bought 110 K USD
|
BIMINI CAPITAL MANAGEMENT, INC.
10 percent owner |
+ 13000
|
8.43 USD |
|
8 years ago
Dec 14, 2015
|
Bought 43.5 K USD
|
BIMINI CAPITAL MANAGEMENT, INC.
10 percent owner |
+ 5165
|
8.42 USD |
|
8 years ago
Dec 14, 2015
|
Bought 25.2 K USD
|
BIMINI CAPITAL MANAGEMENT, INC.
10 percent owner |
+ 3000
|
8.39 USD |
|
9 years ago
Aug 28, 2015
|
Bought 173 K USD
|
HEUVELEN JOHN VAN
Director |
+ 19000
|
9.1122 USD |
|
9 years ago
Aug 24, 2015
|
Bought 12.5 K USD
|
Haas G Hunter IV
CFO, CIO and Secretary |
+ 1500
|
8.3102 USD |
|
9 years ago
Aug 24, 2015
|
Bought 12.2 K USD
|
Haas G Hunter IV
CFO, CIO and Secretary |
+ 1500
|
8.1601 USD |
|
9 years ago
Apr 06, 2015
|
Bought 8.75 K USD
|
FILIPPS FRANK P
Director |
+ 661
|
13.24 USD |
|
9 years ago
Apr 06, 2015
|
Bought 9.69 K USD
|
Parker Ava L
Director |
+ 732
|
13.24 USD |
|
9 years ago
Mar 31, 2015
|
Bought 13.2 K USD
|
Cauley Robert E
President, CEO |
+ 1000
|
13.23 USD |
|
9 years ago
Mar 31, 2015
|
Bought 26.5 K USD
|
Cauley Robert E
President, CEO |
+ 2000
|
13.24 USD |
|
9 years ago
Dec 23, 2014
|
Bought 21.6 K USD
|
FILIPPS FRANK P
Director |
+ 1653
|
13.06 USD |
|
9 years ago
Dec 23, 2014
|
Bought 9 K USD
|
FILIPPS FRANK P
Director |
+ 694
|
12.9732 USD |
|
9 years ago
Dec 23, 2014
|
Bought 13.1 K USD
|
FILIPPS FRANK P
Director |
+ 1000
|
13.1 USD |
|
9 years ago
Dec 22, 2014
|
Bought 21.7 K USD
|
FILIPPS FRANK P
Director |
+ 1653
|
13.14 USD |
|
10 years ago
Feb 19, 2014
|
Bought 251 K USD
|
HEUVELEN JOHN VAN
Director |
+ 20000
|
12.55 USD |
|
10 years ago
Jan 17, 2014
|
Bought 100 K USD
|
HEUVELEN JOHN VAN
Director |
+ 8000
|
12.5 USD |
|
10 years ago
Jan 17, 2014
|
Bought 62.5 K USD
|
Haas G Hunter IV
CFO, CIO and Secretary |
+ 5000
|
12.5 USD |
|
11 years ago
Sep 13, 2013
|
Bought 24.7 K USD
|
HEUVELEN JOHN VAN
Director |
+ 2250
|
10.96 USD |
|
11 years ago
Sep 13, 2013
|
Bought 62.9 K USD
|
HEUVELEN JOHN VAN
Director |
+ 5748
|
10.95 USD |
|
11 years ago
Sep 13, 2013
|
Bought 10.9 K USD
|
Haas G Hunter IV
CFO, CIO and Secretary |
+ 1000
|
10.87 USD |
|
11 years ago
Sep 13, 2013
|
Bought 11 K USD
|
Haas G Hunter IV
CFO, CIO and Secretary |
+ 1000
|
10.95 USD |
|
11 years ago
Aug 20, 2013
|
Bought 27.6 K USD
|
Cauley Robert E
President, CEO |
+ 2500
|
11.02 USD |
|
11 years ago
Aug 19, 2013
|
Bought 5.54 K USD
|
Cauley Robert E
President, CEO |
+ 500
|
11.07 USD |
|
11 years ago
May 21, 2013
|
Bought 6.75 K USD
|
Haas G Hunter IV
CFO, CIO and Secretary |
+ 500
|
13.5 USD |
|
11 years ago
May 20, 2013
|
Bought 33.7 K USD
|
Haas G Hunter IV
CFO, CIO and Secretary |
+ 2500
|
13.4644 USD |
|
11 years ago
Feb 14, 2013
|
Bought 0 USD
|
FILIPPS FRANK P
Director |
+ 0
|
0 USD |
|
11 years ago
Feb 14, 2013
|
Bought 100 K USD
|
HEUVELEN JOHN VAN
Director |
+ 6666
|
15 USD |
|
11 years ago
Feb 14, 2013
|
Bought 100 K USD
|
FILIPPS FRANK P
Director |
+ 6666
|
15 USD |
7. News
Assessing Orchid Island's Preliminary Results For Q3 2024
Orchid Island Capital reported a disappointing Q3 2024 with a 2.1% BV decrease, contrary to my projected 0.8% increase. ORC's strategy of purchasing higher coupon MBS negatively impacted BV, and the lack of new hedges exacerbated valuation losses. Despite the BV decline, ORC's core earnings/EAD equivalent metric showed slight improvement, driven by plateaued borrowing costs and investment portfolio growth.
seekingalpha.com
- 2 days ago
Orchid Island Capital Announces November 2024 Monthly Dividend and October 31, 2024 RMBS Portfolio Characteristics
VERO BEACH, Fla., Nov. 13, 2024 (GLOBE NEWSWIRE) -- 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 November 2024. The dividend of $0.12 per share will be paid December 30, 2024 to holders of record of the Company's common stock on November 29, 2024, with an ex-dividend date of November 29, 2024. The Company plans on announcing its next common stock dividend on December 10, 2024.
globenewswire.com
- 3 days ago
Orca Energy Group Inc. Announces Completion of Q3 2024 Interim Filings
TORTOLA, British Virgin Islands, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Orca Energy Group Inc. (“Orca” or the “Company” and includes its subsidiaries and affiliates) (TSX-V: ORC.A, ORC.B) today announces that it has filed its condensed consolidated interim financial statements and management's discussion and analysis for the three and nine month periods ended September 30, 2024 ("Q3 2024") with the Canadian securities regulatory authorities. All amounts are in United States dollars (“$”) unless otherwise stated.
globenewswire.com
- 3 days ago
Orca Announces Quarterly Dividend
TORTOLA, British Virgin Islands, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Orca Energy Group Inc. (“Orca” or the “Company”) (TSX-V: ORC.A, ORC.B) today announced that its Board of Directors has declared a quarterly cash dividend of $0.10 (Cdn) per Class A Common Voting Share ("Class A Shares") of the Company and $0.10 (Cdn) per Class B Subordinate Voting Share ("Class B Shares") of the Company. The dividend will be payable on January 14, 2025 to holders of Class A Shares and Class B Shares of record on December 31, 2024.
globenewswire.com
- 4 days ago
Orca Energy Group Inc. Announces an Operational Update
TORTOLA, British Virgin Islands, Nov. 01, 2024 (GLOBE NEWSWIRE) -- November 1, 2024: Orca Energy Group Inc. ("Orca" or the "Company") and includes its subsidiaries and affiliates, including PanAfrican Energy Tanzania Limited ("PAET") and Pan African Energy Corporation (Mauritius) ("PAEM") (TSX-V: ORC.A, ORC.B) announces an operational update.
globenewswire.com
- 2 weeks ago
These 15 Stocks Are Among the Top Dividend Payers in the Wilshire 5000
Created in 1974, the Wilshire 5000 Index was intended to be a market-weighted index of the combined NYSE, NASDAQ, and American Stock Exchange (since merged with NASDAQ in 1998).
247wallst.com
- 2 weeks ago
Clean Energy Technologies, Inc. and Exergy International Sign MOU to Promote ORC Heat Recovery Solutions Across the Americas
Irvine, CA., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Clean Energy Technologies, Inc. (“CETY”) (Nasdaq: CETY), a clean energy manufacturing and services company specializing in eco-friendly energy solutions, clean fuels, and alternative power for small and mid-sized projects in Americas, Europe, and Asia, has signed a Memorandum of Understanding (“MOU”) with Exergy International Srl (“Exergy”), a global leading provider of Organic Rankine Cycle (“ORC”) systems, with headquarters in Italy. This strategic partnership aims to drive growth in the field of heat recovery solutions by promoting, selling, and supporting Exergy's ORC systems across the Americas and potentially other global regions. The collaboration will expand Exergy's and CETY's Waste Heat to Power solutions throughout the Americas, enabling CETY to offer small to large-scale ORC systems for industries such as cement, steel, glass, oil & gas, utilities and for power generation from geothermal resources and biomass.
globenewswire.com
- 2 weeks ago
Orchid Island Capital, Inc. (ORC) Q3 2024 Earnings Call Transcript
Orchid Island Capital, Inc. (NYSE:ORC ) Q3 2024 Earnings Conference Call October 25, 2024 10:00 AM ET Company Participants Robert Cauley - Chairman and CEO Hunter Haas - CFO Conference Call Participants Jason Weaver - JonesTrading Mikhail Goberman - Citizens JMP Jason Stewart - Janney Montgomery Scott Christopher Nolan - Landenburg Thalmann & Co. Eric Hagen - BTIG Operator Good morning and welcome to the Third Quarter 2024 Earnings Conference Call of Orchid Island Capital. This call is being recorded today, October 25th, 2024.
seekingalpha.com
- 3 weeks ago
Orchid Island Capital Announces Third Quarter 2024 Results
VERO BEACH, Fla., Oct. 24, 2024 (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 September 30, 2024.
globenewswire.com
- 3 weeks ago
3 Shares Yielding Over 9%
We've got three shares where big yields are offset by one flaw or another. I recently closed out my position in one of these shares for a gain of more than 40%. Great choice about 17 months ago. Not as great today. I'll include an alternative from my portfolio that still offers an attractive yield for investors.
seekingalpha.com
- 1 month ago
Readers Identify 25 Ideal September Dividend Buys Out Of 39 Picks
Since May 2017, any dividend-paying stock mentioned by readers is included in my reader favorite listings, highlighting potential opportunities and risks. My stock lists aim to identify promising dividend stocks, using a contrarian investing strategy, primarily for new buyers seeking high-yield opportunities. Reader feedback is crucial for correcting errors and refining strategies, including suggestions for buy-and-hold stocks and option strategies for monthly dividends.
seekingalpha.com
- 1 month ago
Investing $5,000 Into These Dividend Stocks Will Generate $500 Each Month in Passive Income
24/7 Wall St. Insights Passive income is a steady stream of unearned income that doesn't require active traditional work.
247wallst.com
- 1 month ago
8. Profile Summary
Orchid Island Capital, Inc. ORC
COUNTRY
US
INDUSTRY
REIT - Mortgage
MARKET CAP
$ 612 M
Dividend Yield
4.25%
Description
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 qualifies as a real estate investment trust for federal income tax purposes. Orchid Island Capital, Inc. was incorporated in 2010 and is based in Vero Beach, Florida.
Contact
3305 Flamingo Drive, Vero Beach, FL, 32963
https://www.orchidislandcapital.com
IPO Date
Feb. 14, 2013
Employees
0
Officers
Mr. George Hunter Haas IV
Chief Financial Officer, Chief Investment Officer, Secretary & Director
Mr. Robert E. Cauley C.F.A., CPA
Chairman, President & Chief Executive Officer
Mr. Jerry M. Sintes CPA
Vice President & Treasurer