Welcome to our dedicated page for Orchid Island Capital news (Ticker: ORC), a resource for investors and traders seeking the latest updates and insights on Orchid Island Capital stock.
Orchid Island Capital, Inc. reports news as a mortgage REIT and specialty finance company investing on a leveraged basis in Agency residential mortgage-backed securities. Its portfolio includes traditional pass-through Agency RMBS and structured Agency RMBS, including collateralized mortgage obligations and other structured securities issued or guaranteed by Fannie Mae, Freddie Mac or Ginnie Mae.
Recurring updates cover monthly common-stock dividends, REIT distribution considerations, RMBS portfolio characteristics, book value estimates, quarterly operating results, net interest income, derivative gains or losses, interest rate swaps, liquidity, repurchase agreement funding and lender capacity. The company is managed by Bimini Advisors, LLC, a registered investment adviser.
Orchid Island Capital (ORC) declared a September 2026 cash dividend of $0.10 per common share, payable October 29, 2026.
The dividend is for stockholders of record on September 30, 2026, which is also the ex-dividend date. The company expects to announce its next common stock dividend on October 14, 2026 and reiterates its intention to make regular monthly cash distributions, while noting there is no minimum payout level and future distributions are not assured.
As of August 31, 2026, Orchid’s Agency RMBS portfolio had $11.26 billion of face value and $11.15 billion of fair value, split between Fannie Mae (52.1%) and Freddie Mac (47.9%). Whole pool assets represented 96.0% of mortgage assets under the Investment Company Act test. Repurchase borrowings totaled $10.70 billion at a 3.77% weighted average rate and 14-day weighted average maturity, diversified across multiple counterparties.
Orchid Island Capital (NYSE: ORC) declared a $0.10 monthly cash dividend for August 2026, payable September 29, 2026 to shareholders of record and ex-dividend on August 31, 2026. The company expects to announce its next common stock dividend on September 14, 2026. As of August 12, 2026, Orchid Island Capital had 198,807,315 common shares outstanding.
As of July 31, 2026, Orchid Island Capital reported preliminary Agency RMBS mortgage assets with a fair value of $11.26 billion, almost entirely pass-through securities. The portfolio was 52.2% Fannie Mae and 47.8% Freddie Mac, with 95.0% classified as whole pool assets under the Investment Company Act of 1940 test. Total repurchase borrowings were $10.90 billion at a weighted average rate of 3.79% and a weighted average maturity of 23 days across multiple counterparties. The company also utilized futures, swaps, swaptions and TBA shorts with aggregate hedge notional of about $9.98 billion, with modeled parallel interest rate shocks indicating a net portfolio impact of $14.3 million for -50 bps and -$48.6 million for +50 bps.
Orchid Island Capital (NYSE: ORC) reported second quarter 2026 net income of $89.2 million, or $0.44 per common share, driven by net interest income of $60.0 million and net realized and unrealized gains of $36.0 million on Agency RMBS and derivatives. Total expenses were $6.8 million.
Orchid declared and paid $0.30 per common share in dividends, and book value per share rose by $0.14 to $7.22, producing a total return of 6.21%. The Agency RMBS portfolio had a fair value of $11.54 billion, with an effective duration of 3.180 and an economic leverage ratio of 7.3 to 1 at quarter-end.
The company reported $11.1 billion of repurchase obligations at a 3.77% net weighted average borrowing rate, collateralized mainly by Agency RMBS. Liquidity totaled $776.0 million in cash, cash equivalents and unpledged securities, or about 54% of stockholders’ equity, with borrowing capacity in excess of outstanding repurchase balances.
Orchid Island Capital (NYSE: ORC) reported preliminary second quarter 2026 metrics and RMBS portfolio characteristics as of June 30, 2026. The company estimates a book value per share of $7.22, based on approximately $1.4 billion in total stockholders’ equity and 199,603,438 common shares outstanding.
Estimated GAAP net income was $0.44 per share for the quarter, including about $0.18 per share of net realized and unrealized gains on RMBS and derivative instruments, compared with total dividends declared of $0.30 per share. Orchid Island Capital calculates an estimated total return on equity of 6.2% for the quarter, or $0.44 per share, comprising dividends of $0.30 and a $0.14 increase in book value per share. Shares outstanding rose from 196,700,226 on March 31, 2026 to 199,603,438 on June 30 and July 13, 2026. All figures are preliminary, subject to change, and subject to review by the independent registered public accounting firm.
Orchid Island Capital (NYSE: ORC) declared a $0.10 July 2026 monthly dividend per common share, payable August 28, 2026 to shareholders of record and ex-dividend on July 31, 2026. The company plans to announce its next dividend on August 12, 2026.
Estimated second quarter 2026 book value, GAAP net income per share and total return on equity, plus RMBS portfolio details as of June 30, 2026, will be released July 13, 2026. Full results for the three and six months ended June 30, 2026 will be reported July 23, 2026, followed by an earnings call and webcast on July 24, 2026 at 10:00 AM ET.
Orchid Island Capital (NYSE:ORC) increased its stock repurchase authorization by 25,000,000 shares, bringing the total program to 26,612,580 shares, or about 13.3% of current common shares. The company also estimated book value per share at $7.24–$7.28 as of June 18, 2026, up roughly 2.3%–2.8% since March 31, 2026.
Orchid Island Capital (NYSE: ORC) declared a June 2026 monthly cash dividend of $0.10 per common share, payable July 30, 2026 to shareholders of record and ex-dividend on June 30, 2026.
The company plans its next dividend announcement on July 8, 2026, and reports 200,700,226 common shares outstanding as of May 31 and June 9, up from 196,700,226 on March 31, 2026. It also released preliminary RMBS portfolio characteristics for May 31, 2026.
Orchid Island Capital (NYSE: ORC) declared a May 2026 monthly cash dividend of $0.10 per common share, payable June 29, 2026 to shareholders of record and ex‑dividend on May 29, 2026.
The company intends to make regular monthly distributions, subject to REIT rules requiring distribution of at least 90% of REIT taxable income. Shares outstanding totaled 200,700,226 as of May 13 and April 30, 2026, up from 196,700,226 on March 31, 2026. Orchid also provided a preliminary intra‑quarter update of RMBS portfolio characteristics as of April 30, 2026.
Orchid Island Capital (NYSE:ORC) reported a Q1 2026 net loss of $20.0 million (‑$0.11 per share) and declared and paid a $0.36 per share dividend. Net interest income was $57.1 million; net realized and unrealized losses on RMBS and derivatives totaled $69.6 million. Book value per share was $7.08 at March 31, 2026. Liquidity was approximately $759.0 million, repurchase obligations totaled about $10.9 billion with adjusted leverage of 7.8x. CPR for the quarter was ~14.7%.
Orchid Island Capital (NYSE: ORC) declared an April 2026 monthly cash dividend of $0.10 per share, payable May 28, 2026, to holders of record April 30, 2026. The company estimated March 31, 2026 book value per share of $7.08 and preliminary GAAP net loss of $0.11 per share for Q1 2026, which includes an estimated $0.37 per share of net realized and unrealized RMBS and derivative losses. Estimated total return on equity for the quarter was (1.3)%. Shares outstanding rose to 200,700,226 as of April 15, 2026. Next dividend announcement expected May 13, 2026.