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Orchid Island Capital, Inc. - $ORC STOCK NEWS

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.

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
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.
Rhea-AI Impact
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End-of-Day
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management
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Rhea-AI Summary
Orchid Island Capital, Inc. (NYSE: ORC) declared a monthly cash dividend of $0.12 per share for January 2024, with an estimated book value per share of $9.10 as of December 31, 2023. The estimated GAAP net income was $0.52 per share for the quarter ended December 31, 2023, including an estimated $0.65 per share of net realized and unrealized gains on RMBS and derivative instruments. The estimated total return on equity for the quarter was 6.1%. The company had 51,303,301 shares of common stock outstanding as of January 10, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.8%
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dividends earnings
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Rhea-AI Summary
Orchid Island Capital, Inc. (NYSE: ORC) declares a monthly cash dividend of $0.12 per share for December 2023, with a payment date of January 29, 2024. The company plans to announce its next common stock dividend on January 10, 2024. As of December 12, 2023, the company had 52,332,306 shares of common stock outstanding.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.78%
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dividends
Rhea-AI Summary
Orchid Island Capital, Inc. (NYSE: ORC) has declared a monthly cash dividend for November 2023 of $0.12 per share, with an ex-dividend date of November 29, 2023. The estimated book value per share as of November 14, 2023 is approximately $8.47 to $8.52, a decrease from the previous quarter. The company's RMBS portfolio characteristics as of October 31, 2023, are also detailed in the press release.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.12%
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dividends
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Rhea-AI Summary
Orchid Island Capital, Inc. (NYSE: ORC) issued a clarification regarding dividends declared by the Board of Directors. The company did not declare a dividend on October 8, 2023, as some brokers inaccurately informed stockholders. Instead, a monthly cash dividend of $0.12 per share was declared for October 2023, to be paid on November 28, 2023. The next common stock dividend will be announced on November 15, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.92%
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dividends
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Rhea-AI Summary
Orchid Island Capital, Inc. (NYSE:ORC) announced its results for the third quarter of 2023. The company reported a net loss of $80.1 million, or $1.68 per common share. It also declared and paid dividends of $0.48 per common share. The book value per common share was $8.92 at the end of September 2023. The total return for the quarter was (15.77)%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.47%
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Rhea-AI Summary
Orchid Island Capital, Inc. declares monthly cash dividend and provides financial updates
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.16%
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dividends earnings
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Rhea-AI Summary
Bimini Capital Management will release Q3 2023 results on November 2, 2023. An earnings conference call and live audio webcast will be hosted on November 3, 2023 at 10:00 AM ET.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.05%
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Rhea-AI Summary
Orchid Island Capital, Inc. will release Q3 2023 results on October 26, 2023, followed by an earnings conference call on October 27, 2023. The conference call details are provided in the PR.
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Rhea-AI Sentiment
End-of-Day
-6.11%
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Rhea-AI Summary
Orchid Island Capital, Inc. declares monthly cash dividend of $0.16 per share for September 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.21%
Tags
dividends
Orchid Island Capital, Inc.

OTC:ORC

ORC Rankings

ORC Stock Data

451.87M
51.08M
0.38%
33.46%
7.43%
Other Financial Vehicles
Finance and Insurance
Link
United States of America
VERO BEACH

About ORC

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