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.
Orchid Island Capital (NYSE: ORC) has declared a monthly cash dividend of $0.12 per share for February 2025, payable on March 28, 2025, to stockholders of record as of February 28, 2025. The company plans to announce its next dividend on March 19, 2025.
As of February 12, 2025, ORC had 93,293,628 outstanding common shares, showing an increase from 90,344,128 shares on January 31, 2025, and 82,622,464 shares on December 31, 2024. As a REIT, the company must distribute at least 90% of its taxable income annually to maintain its status, though it has not established a minimum distribution level and cannot guarantee future distributions.
Orchid Island Capital (NYSE:ORC), a real estate investment trust (REIT), has scheduled its fourth quarter 2024 earnings release for Thursday, January 30, 2025, after the NYSE market close. The company will host an earnings conference call and live audio webcast on Friday, January 31, 2025, at 10:00 AM ET. Participants can access the call through registration at the provided link, and a webcast will be available through the company's investor relations website. The audio archive will remain accessible for 30 days following the call.
Orchid Island Capital (NYSE: ORC) has announced its financial results for Q4 2024 and dividend plans. The company declared a monthly dividend of $0.12 per share for January 2025, payable on February 27, 2025. The estimated book value per share as of December 31, 2024, stands at $8.09, with total stockholders' equity of approximately $668.5 million.
The company reported estimated GAAP net income of $0.07 per share for Q4 2024, including $0.02 per share in net realized and unrealized gains on RMBS and derivative instruments. The total return on equity for the quarter was 0.6%, comprising dividends of $0.36 per share and a decrease in book value per share of $0.31. As of January 8, 2025, the company had 84,613,638 shares outstanding.
Orchid Island Capital (NYSE: ORC) has declared a monthly cash dividend of $0.12 per share for December 2024, payable on January 30, 2025, to stockholders of record as of December 31, 2024. The ex-dividend date is set for December 31, 2024. The company, which operates as a Real Estate Investment Trust (REIT), must distribute at least 90% of its REIT taxable income annually to maintain its status. As of December 10, 2024, the company had 79,849,645 shares of common stock outstanding, an increase from 78,082,645 shares as of September 30, 2024.
Orchid Island Capital (NYSE: ORC) has declared a monthly cash dividend of $0.12 per share for November 2024, payable on December 30, 2024, to stockholders of record on November 29, 2024. The company's estimated book value per share as of November 8, 2024, was approximately $8.30 to $8.34, representing a decrease of 0.7% to 1.0% from the September 30, 2024 book value of $8.40. The company currently has 78,539,645 shares outstanding, with estimated total stockholders' equity between $652.0 million and $655.0 million.
Orchid Island Capital (NYSE:ORC) reported net income of $17.3 million, or $0.24 per share, for Q3 2024. Key results include net interest income of $0.3 million and net realized/unrealized gains of $21.2 million on RMBS and derivative instruments. The company declared and paid dividends of $0.36 per share during the quarter. Book value per share decreased to $8.40 as of September 30, 2024, resulting in a total return of 2.10%. The company maintained strong liquidity with $326.7 million in cash and unpledged securities, representing about 50% of stockholders' equity. The portfolio yield increased to 5.43% from 5.05% in Q2 2024, while borrowing costs rose to 5.62% from 5.34%.
Orchid Island Capital (NYSE: ORC) announced its estimated third quarter 2024 results, October 2024 monthly dividend, and September 30, 2024 RMBS portfolio characteristics. Key points include:
- October 2024 monthly dividend of $0.12 per share of common stock, payable on November 27, 2024
- Estimated book value per share as of September 30, 2024 of $8.40
- Estimated GAAP net income of $0.24 per share for Q3 2024, including $0.29 per share of net realized and unrealized gains on RMBS and derivative instruments
- Estimated 2.1% total return on equity for Q3 2024
- 78,414,645 shares of common stock outstanding as of October 16, 2024
The company's estimated total stockholders' equity was approximately $656.0 million as of September 30, 2024. These figures are preliminary and subject to review.
Orchid Island Capital (NYSE:ORC), a real estate investment trust (REIT), has announced that it will release its third quarter 2024 results after the close of trading on the New York Stock Exchange on Thursday, October 24, 2024. The company will host an earnings conference call and live audio webcast on Friday, October 25, 2024, at 10:00 AM ET.
Participants can register for the call and obtain dial-in information through a provided link. A live audio webcast will be accessible via the company's investor relations website. An audio archive of the webcast will remain available for 30 days following the call.
Orchid Island Capital (NYSE: ORC) has announced its September 2024 monthly dividend of $0.12 per share, payable on October 30, 2024, to shareholders of record as of September 30, 2024. The ex-dividend date is also set for September 30, 2024. This announcement aligns with the company's intention to make regular monthly cash distributions to maintain its REIT status, which requires distributing at least 90% of its REIT taxable income annually.
As of September 9, 2024, Orchid Island Capital had 73,997,050 shares of common stock outstanding, showing a slight increase from 73,947,050 shares on August 31, 2024, and a more significant rise from 64,824,374 shares on June 30, 2024. The company also provided preliminary details of its RMBS portfolio characteristics as of August 31, 2024, including valuation characteristics, assets by agency, and risk measures.
Orchid Island Capital (NYSE: ORC) has announced its August 2024 monthly dividend of $0.12 per share, payable on September 27, 2024, to shareholders of record as of August 30, 2024. The ex-dividend date is also set for August 30, 2024. As of August 14, 2024, the company had 71,338,574 outstanding common shares.
The company, operating as a Real Estate Investment Trust (REIT), is required to distribute at least 90% of its REIT taxable income annually. Orchid Island Capital plans to announce its next common stock dividend on September 9, 2024. The press release also includes preliminary details of the company's RMBS portfolio characteristics as of July 31, 2024, subject to change.