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Orchid Island Capital Inc - ORC STOCK NEWS

Welcome to our dedicated news page for Orchid Island Capital (Ticker: ORC), a resource for investors and traders seeking the latest updates and insights on Orchid Island Capital.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Orchid Island Capital's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Orchid Island Capital's position in the market.

Rhea-AI Summary
Orchid Island Capital, Inc. (NYSE:ORC) announces first quarter 2024 results with a net income of $19.8 million, or $0.38 per common share. The company maintained a strong liquidity position of $215.7 million and discussed the economic and interest rate cycle in the management commentary.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.93%
Tags
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Rhea-AI Summary
Orchid Island Capital, Inc. (NYSE: ORC) declared a monthly cash dividend of $0.12 per share for April 2024, with an estimated book value per share of $9.12 as of March 31, 2024. The estimated GAAP net income was $0.38 per share for the quarter ended March 31, 2024, including $0.50 per share of net realized and unrealized gains on RMBS and derivative instruments. The Company had 52,973,989 shares of common stock outstanding as of April 10, 2024. RMBS portfolio characteristics and estimated total return on equity for the quarter were also highlighted.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.42%
Tags
dividends earnings
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Rhea-AI Summary
Bimini Capital Management, Inc. (BMNM) to release first-quarter 2024 results on May 2, 2024, followed by an earnings conference call on May 3, 2024, at 10:00 AM ET. Investors can access the call via dial-in or live webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.35%
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Rhea-AI Summary
Orchid Island Capital, Inc. (NYSE:ORC) announces the release of first-quarter 2024 results and details of the earnings conference call. The call will be held on April 26, 2024, at 10:00 AM ET, accessible via phone or webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.35%
Tags
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Rhea-AI Summary
Orchid Island Capital, Inc. (ORC) declares a monthly dividend of $0.12 per share for March 2024, with plans for regular distributions. The company's REIT status requires significant dividend payouts. RMBS portfolio details are also provided, showcasing asset valuation and risk measures.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.06%
Tags
dividends
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Rhea-AI Summary
Orchid Island Capital, Inc. (ORC) declares a monthly dividend of $0.12 per share for February 2024. The company plans to announce the next dividend on March 13, 2024. Key details include the dividend payment date and the number of outstanding shares. The PR also highlights the RMBS portfolio characteristics as of January 31, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.99%
Tags
dividends
Rhea-AI Summary
Bimini Capital Management, Inc. (BMNM) has announced the release of their fourth-quarter 2023 results, scheduled for March 7, 2024. The earnings conference call and live audio webcast will be held on March 8, 2024, providing investors with insights into the company's performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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Rhea-AI Summary
Orchid Island Capital, Inc. (ORC) announced net income of $27.1 million, or $0.52 per common share, for the fourth quarter of 2023. The company's book value per common share was $9.10 at the end of 2023, with a total return of 6.05%. Orchid maintained a strong liquidity position of $200.4 million in cash and cash equivalents and unpledged securities, and borrowing capacity in excess of $3,705.7 million. The company's net loss for the full year 2023 was $39.2 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.75%
Tags
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Rhea-AI Summary
Orchid Island Capital, Inc. (NYSE:ORC) announces the release of its fourth-quarter 2023 results and details for an earnings conference call on February 2, 2024. The company will release the financial results after the close of trading on the New York Stock Exchange on February 1, 2024. The earnings conference call and live audio webcast will be hosted on February 2, 2024, at 10:00 AM ET, with access details provided. The webcast will be available until March 1, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.12%
Tags
Rhea-AI Summary
Bimini Capital Management, Inc. (BMNM) has appointed G. Hunter Haas, IV, the Chief Investment Officer and Chief Financial Officer, to the Company’s board of directors at a meeting on January 11, 2024.
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End-of-Day
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management
Orchid Island Capital Inc

NYSE:ORC

ORC Rankings

ORC Stock Data

444.45M
51.08M
0.38%
33.46%
7.43%
Other Financial Vehicles
Finance and Insurance
Link
US
Vero Beach

About ORC

orchid island capital inc (orc) is a financial services company located in 3305 flamingo dr, vero beach, fl, united states.