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. 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 (NYSE: ORC) has declared a monthly cash dividend of $0.12 per share for May 2025, payable on June 27, 2025, to stockholders of record on May 30, 2025. The company's RMBS portfolio characteristics as of April 30, 2025, show total mortgage assets of $6.19 billion, with 61.1% in Fannie Mae and 38.9% in Freddie Mac securities. The portfolio has a weighted average coupon of 5.37% and consists primarily of 30-year fixed-rate RMBS (98.13% of portfolio). The company maintains significant hedging positions with total borrowings of $5.82 billion across 24 counterparties at a weighted average repo rate of 4.47%.
Orchid Island Capital (NYSE:ORC) reported Q1 2025 results with net income of $17.1 million, or $0.18 per share. Key highlights include net interest income of $19.7 million ($0.21/share), total expenses of $4.2 million, and net realized/unrealized gains of $1.6 million on RMBS and derivatives.
The company maintained a strong liquidity position of $446.5 million in cash and unpledged securities, representing 52% of stockholders' equity. Book value per share decreased to $7.94, with a total return of 2.60% including $0.36 in dividends.
Portfolio performance showed a weighted average coupon of 5.30% with an effective duration of 3.560. The company's adjusted leverage ratio stood at 7.5 to 1, with outstanding repurchase obligations of approximately $6.4 billion at a net weighted average borrowing rate of 4.46%.
Orchid Island Capital (NYSE: ORC) has announced its estimated first quarter 2025 results and April 2025 monthly dividend. The company declared a monthly cash dividend of $0.12 per share, payable May 29, 2025, to stockholders of record as of April 30, 2025.
Key financial highlights include:
- Estimated book value per share of $7.94 as of March 31, 2025
- Estimated GAAP net income of $0.18 per share for Q1 2025
- Net realized and unrealized gains on RMBS and derivative instruments of approximately $0.17 per share
- Total return on equity of 2.6% for the quarter
The company's total stockholders' equity stands at approximately $855.9 million with 107,786,614 outstanding shares. The next dividend announcement is expected on May 7, 2025.
Orchid Island Capital (NYSE:ORC), a real estate investment trust (REIT), has scheduled its first quarter 2025 earnings release for Thursday, April 24, 2025, after the NYSE market close. The company will host an earnings conference call and live audio webcast on Friday, April 25, 2025, at 10:00 AM ET.
Interested participants can access the conference call by registering through the provided link, while the 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 declared its monthly cash dividend of $0.12 per share for March 2025, payable on April 29, 2025, to stockholders of record as of March 31, 2025. The ex-dividend date is set for March 31, 2025.
The company, operating as a Real Estate Investment Trust (REIT), must distribute at least 90% of its REIT taxable income annually to maintain its status. As of March 19, 2025, ORC had 105,873,628 outstanding common shares, showing an increase from 98,853,628 shares on February 28, 2025, and 82,622,464 shares on December 31, 2024.
The next dividend announcement is expected on April 9, 2025. The company notes that while it intends to make regular monthly distributions, there is no established minimum payment level, and future distributions are not guaranteed.
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.