Welcome to our dedicated page for Orchid Is Cap news (Ticker: ORC), a resource for investors and traders seeking the latest updates and insights on Orchid Is Cap stock.
Orchid Island Capital, Inc. (NYSE: ORC) is a specialty finance company and real estate investment trust (REIT) that invests on a leveraged basis in Agency residential mortgage-backed securities (RMBS). The news flow around Orchid Island Capital is closely tied to its Agency RMBS portfolio, funding profile and REIT distribution practices, making its disclosures relevant for investors who follow mortgage REITs and fixed-income strategies.
News updates for Orchid Island Capital commonly include monthly dividend declarations, where the company announces the per-share cash dividend on its common stock, along with record, payment and ex-dividend dates. The company also issues quarterly and intra-quarter reports providing estimated or actual book value per share, GAAP net income per share, and total return on equity, together with detailed RMBS portfolio characteristics such as valuation metrics, Agency mix, whole pool test results, and repurchase agreement exposure by counterparty.
In addition, Orchid Island Capital uses current reports and press releases to discuss results of operations, including net interest income, total expenses, and net realized and unrealized gains or losses on RMBS and derivative instruments. These communications often highlight prepayment experience, effective duration, modeled interest rate sensitivity and liquidity measures such as cash, unpledged securities and borrowing capacity.
Investors monitoring ORC news can also see announcements related to equity distribution agreements and amendments that govern at-the-market common stock offerings used to raise capital for the company’s Agency RMBS strategy. By reviewing this news feed, readers can track how Orchid Island Capital’s portfolio composition, leverage, hedging activity and dividend policy evolve over time based on the company’s own disclosures.
Bimini Capital Management (OTC: BMNM) announced the release of its first quarter 2022 financial results scheduled for May 12, 2022, after trading hours. An earnings conference call will follow on May 13, 2022, at 10:00 AM ET. Participants can obtain dial-in details through a provided link. Bimini Capital primarily invests in residential mortgage-related securities and manages Orchid Island Capital (NYSE: ORC). The company is headquartered in Vero Beach, Florida.
The Board of Orchid Island Capital declared a monthly cash dividend of $0.045 per share for April 2022, payable on May 27, 2022. The estimated book value per share as of March 31, 2022, is $3.34, with a significant estimated net loss of $0.84 per share for Q1 2022, including losses of $1.04 related to RMBS and derivatives. The estimated total return on equity stands at (19.5)% for the quarter. The next dividend announcement is expected on May 11, 2022.
Orchid Island Capital, Inc. (NYSE:ORC) announced it will release its first-quarter 2022 financial results on April 28, 2022, after market close. A conference call is scheduled for April 29, 2022, at 10:00 AM ET, accessible via phone or live webcast on the Company’s website. Orchid focuses on leveraged investments in Agency RMBS, managed by Bimini Advisors, LLC. This upcoming earnings report is critical for investors seeking insights into Orchid's financial health and future outlook.
Orchid Island Capital, Inc. (NYSE: ORC) declared a monthly cash dividend of $0.045 per share for March 2022, payable on April 27, 2022, to shareholders on record by March 31, 2022. The ex-dividend date is set for March 30, 2022. As a REIT, the Company must distribute at least 90% of its taxable income annually to avoid taxation on undistributed income. The next dividend announcement is expected on April 13, 2022.
Bimini Capital Management reported a net loss of $0.6 million, or $0.05 per share, for Q4 2021. The book value per share stands at $3.08. Advisory service revenues increased by 66% year-over-year, driven by Orchid's strong capital growth, which raised approximately $115.5 million in net proceeds. However, the Agency RMBS portfolio saw a 6% decrease, with mark-to-market losses of around $1.9 million. Overall, Bimini anticipates rising funding costs in 2022 due to changing economic conditions linked to Fed policies.
Orchid Island Capital (NYSE:ORC) announced a net loss of $44.6 million, or $0.27 per share, for Q4 2021, compared to a net income of $16.5 million in the same quarter last year. The net interest income was $42.4 million, with total expenses of $4.4 million. The company declared dividends of $0.195 per share, totaling $0.78 for the full year. As of year-end, the book value per share was $4.34, reflecting a 4.9% economic loss. Market conditions were challenging due to rising interest rates and volatility, leading to significant mark-to-market losses on RMBS investments.
Orchid Island Capital, Inc. (NYSE: ORC) announced a monthly cash dividend of $0.055 per share for February 2022. This dividend will be paid on March 29, 2022, to shareholders on record as of February 28, 2022, with an ex-dividend date of February 25, 2022. The company is committed to announcing its next dividend on March 16, 2022. As a REIT, Orchid Island must distribute at least 90% of its taxable income to avoid income tax; however, they have not guaranteed future distributions.
Bimini Capital Management, Inc. (OTCQB:BMNM) will release its fourth quarter 2021 results on March 10, 2022, after trading ends. An earnings conference call and live audio webcast will take place on March 11, 2022, at 10:00 AM ET. Interested participants can find dial-in information and access the webcast via the company’s investor relations page. Bimini primarily invests in residential mortgage-related securities and manages Orchid Island Capital, Inc. (NYSE:ORC) as its external manager.
Orchid Island Capital (NYSE:ORC) announced the release of its fourth quarter 2021 results on February 24, 2022, after market close. An earnings conference call is scheduled for February 25, 2022, at 10:00 AM ET, accessible via phone at 888-510-2356 or through a live audio webcast on the company’s website. Orchid specializes in investing in Agency RMBS and is managed by Bimini Advisors, LLC. More details can be found on their official website.
Orchid Island Capital, Inc. (NYSE:ORC) announced a monthly cash dividend of $0.055 per share for January 2022, payable on February 24, 2022. The estimated book value per share as of December 31, 2021, is $4.34. The company reported an estimated net loss of $0.27 per share for the quarter, which includes $0.49 per share in realized and unrealized losses. The total return on equity for the quarter stands at (4.9)%. This decline is attributed to a compression in net interest margins and changes in the economic climate.
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