Orchid Island Capital, Inc.

Symbol: ORC
CIK: 1518621
Exchange: NYSE
Founded: 2010 (9 years)
HQ: Vero Beach, FL, United States
Type of REIT: Mortgage REIT
Listing Status: Public
Market Capitalization: Small-Cap
REIT Sector: Mortgage
Externally Managed REIT

See ORC on Google Finance
See ORC on Yahoo Finance
See ORC on SEC.gov

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Overall Score: 3.1

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REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. Learn More


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Hightlights of Trading Day October 18, 2019


Open Price: $5.86
Closing Price: $5.79
Price Change: -0.1 (-1.698%)
Lowest Price: $5.77
Highest Price: $5.87

52-Week Low: $5.04
52-Week High: $7.15
52-Week Change: -16.09%

5 Day Price Change: -1.51%
1 Month Price Change: 4.06%
3 Month Price Change: -10.49%
6 Month Price Change: -13.76%
YTD Price Change: -7.97%
1 Year Price Change: -14.64%
2 Year Price Change: -43.53%
5 Year Price Change: -58.75%

Dividend of Trading Day October 18, 2019


Dividend Yield: 16.58%*
Annualized Dividend: $0.96*
Dividend Yield (TTM): 16.753%
Annualized Dividend (TTM): $0.97
Ex Dividend Date: 2019-09-27
Dividend Frequency: Monthly

*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes.

Latest News Headlines


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Key Stats of Trading Day October 18, 2019


Total Cash: $126,263,000
Current Debt: $3,025,052,000
Revenue: $124,292,000
Gross Profit: $116,457,000
Total Revenue: $124,292,000
Earnings Before Interest, Taxes & Depreciation Amortization (EBITDA): N/A
Revenue Per Share: $2
Revenue Per Employee: N/A
Employee: N/A
Debt to Equity Ratio (D/E): 9.00
Profit Margin: -0.36%
Enterprise Value (EV): $3,275,853,714
Enterprise Value to Revenue (EV/R): 26.36
Price to Sales (P/S): 3.03
Price to Book (P/B): 1.12
Peg Ratio: -0.16
P/E Ratio: -20.38
P/E High: -24.66
P/E Low: -17.38
Forward P/E Ratio: 7.87
Market Capitalization: $365,084,397
Beta: 0.56
Latest Volume: 730,523.00
Avg. Total Volume: 596,396
Avg. 10 Volume: 445,907.40
Avg. 30 Volume: 596,396.20
TTM EPS: -0.28
TTM Dividend Rate: 0.97
Shares Outstanding: 63,054,300
Float: 62,848,175.49
50-Day Moving Avg.: 5.78
200-Day Moving Avg.: 6.41

Dividend History


Below are the most recent cash dividends paid by ORC, and the Ex-Dividend Date of the dividend. The percent difference from one dividend payment to the next has also been calculated for your convenience.


Symbol Ex Date Cash Amount Change in Dividend Declaration Date Record Date Payment Date

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Financial Statements Overview

Balance Sheet (Quarterly)

See Annual Balance Sheet | See Quarterly Balance Sheet

Amounts in USD ($)

Balance Sheet 2019-06-30 2019-03-31 2018-12-31 2018-09-30
Current Cash 181,093,000 142,931,000 126,263,000 195,321,000
Receivables 0 0 0 0
Inventory 0 0 0 0
Current Assets 0 0 0 0
Current Assets (Other) 0 0 0 0
Short Term Investments 0 0 0 0
Long-term Investments 3,531,520,000 3,101,713,000 3,031,388,000 3,551,378,000
Property, Plant & Equipment Net 0 0 0 0
Goodwill 0 0 0 0
Intangible Assets 0 0 0 0
Other Assets 348,000 518,000 2,993,000 312,000
Net Tangible Assets 359,658,000 340,414,000 336,079,000 393,303,000
Total Assets 3,726,826,000 3,257,747,000 3,395,631,000 3,761,096,000
Accounts Payable 0 0 0 0
Liabilities (Other) 37,641,000 50,595,000 34,500,000 45,990,000
Current Liabilities (Other) 4,343,000 3,995,000 3,931,000 4,163,000
Total Current Liabilities 0 0 0 0
Current Long-term Debt 0 0 0 0
Long-term Debt 0 0 0 0
Total Liabilities 3,367,168,000 2,917,333,000 3,059,552,000 3,367,793,000
Minority Interest 0 0 0 0
Common Stock 543,000 499,000 491,000 520,000
Retained Earnings -30,257,000 -33,790,000 -44,387,000 -17,988,000
Treasury Stock 0 0 0 0
Capital Surplus 389,372,000 373,705,000 379,975,000 410,771,000
Shareholder Equity 359,658,000 340,414,000 336,079,000 393,303,000

Income Statement (Quarterly)

See Annual Income Statement | See Quarterly Income Statement

Amounts in USD ($)

Income Statement 2019-06-30 2019-03-31 2018-12-31 2018-09-30
Total Revenue 36,567,000 32,676,000 30,062,000 48,910,000
Cost of Revenue 1,611,000 1,660,000 1,801,000 1,906,000
Gross Profit 34,956,000 31,016,000 28,261,000 47,004,000
Research and Development 0 0 0 0
Selling General and Admin 0 0 0 0
Operating Expense 2,821,000 2,196,000 2,953,000 2,970,000
Operating Income 25,964,000 29,489,000 -6,659,000 15,934,000
Income Expense Net (Other) -22,431,000 -18,892,000 -19,740,000 -18,893,000
EBIT 25,964,000 29,489,000 -6,659,000 15,934,000
Interest Income 22,431,000 18,892,000 19,740,000 18,893,000
Pretax Income 3,533,000 10,597,000 -26,399,000 -2,959,000
Income Tax 0 0 0 0
Minority Interest 0 0 0 0
Net Income 3,533,000 10,597,000 -26,399,000 -2,959,000
Net Income Basic 3,533,000 10,597,000 -26,399,000 -2,959,000

Cash Flow

See Annual Cash Flow | See Quarterly Cash Flow

Amounts in USD ($)

Cash Flow 2019-06-30 2019-03-31 2018-12-31 2018-09-30
Net Income 3,533,000 10,597,000 -26,399,000 -2,959,000
Depreciation 0 0 0 0
Changes in Receivables 0 0 0 0
Changes in Inventories 0 0 0 0
Cash Change 38,162,000 16,668,000 -69,058,000 26,309,000
Cash Flow 17,169,000 -1,595,000 -1,073,000 17,664,000
Capital Expenditures 0 0 0 0
Investments -446,854,000 191,581,000 269,285,000 141,532,000
Investing Activity (Other) 0 0 0 0
Total Investing Cash Flows -457,780,000 182,858,000 259,906,000 150,240,000
Dividends Paid -12,511,000 -11,760,000 -12,398,000 -13,544,000
Net Borrowings 462,789,000 -158,314,000 -296,751,000 -128,051,000
Cash Flow Financing 478,773,000 -164,595,000 -327,891,000 -141,595,000
Financing Cash Flows (Other) 0 0 0 0
Exchange Rate Effect 0 0 0 0

About Orchid Island Capital, Inc.


Orchid Island Capital, Inc. (NYSE: ORC) is a specialty finance company that invests in residential mortgage-backed securities, or RMBS. The principal and interest payments of these RMBS are guaranteed by the Federal National Mortgage Association, or Fannie Mae, the Federal Home Loan Mortgage Corporation, or Freddie Mac, or the Government National Mortgage Association, or Ginnie Mae, and are backed primarily by single-family residential mortgage loans. We refer to these types of RMBS as Agency RMBS.

REITRating™ Scorecard


Rating Dividend Section Avg. Rating
0 Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. 5.3
3 Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. 4.4
Rating Leverage Section Avg. Rating
0 Interest Coverage Health: Analysis of the REIT’s Interest Coverage health during the last four quarter. 5.1
0 Interest Coverage Health Trend: Analysis of the REIT’s Interest Coverage health trend during the last two years. 5.9
10 Total Debt Interest Rate Competitiveness: Analysis of the REIT’s Interest Rate to Total Debt competitiveness compared to REIT market. 8.0
5 Total Debt Interest Rate Trend: Analysis of the REIT’s Interest Rate to Total Debt trend during the last two years. 7.3
0 Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. 5.2
3 Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. 7.0
Rating Asset & Revenue Section Avg. Rating
7 Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. 6.9
3 Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. 7.2
Rating Properties Section Avg. Rating
3.1 Overall REITRating™ Score 6.6

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.

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