Orchid Island Capital, Inc. | REIT Profile

Symbol: ORC
CIK: 1518621
Exchange: NYSE
Founded: 2010 (12 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

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See ORC on SEC.gov

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Overall Score: 4.6

See score breakdown | See trend

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. Learn More


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Hightlights of Trading Day January 14, 2022


Open Price: $4.29
Closing Price: $4.22
Price Change: -0.36 (-7.86%)
Lowest Price: $4.16
Highest Price: $4.29

52-Week Low: $4.11
52-Week High: $5.54
52-Week Change: -0.81%

5 Day Price Change: -0.65%
1 Month Price Change: 3.43%
3 Month Price Change: -4.80%
6 Month Price Change: -1.63%
YTD Price Change: 1.78%
1 Year Price Change: 1.27%
2 Year Price Change: 1.14%
5 Year Price Change: -14.22%

Dividend of Trading Day January 14, 2022


Dividend Yield: 18.483%*
Annualized Dividend: $0.78*
Dividend Yield (TTM): 15.875%
Annualized Dividend (TTM): $0.7271
Ex-Dividend Date: 2021-12-30
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. This graph does not include extraordinary dividend.

Latest News Headlines


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Key Stats of Trading Day January 14, 2022


Total Cash: N/A
Current Debt: $5,416,455,000
Revenue: $199,138,000
Gross Profit: $199,138,000
Total Revenue: $199,138,000
Earnings Before Interest, Taxes & Depreciation Amortization (EBITDA): $-79,320,000
Revenue Per Share: $1
Revenue Per Employee: N/A
Employee: 2,018
Debt to Equity Ratio (D/E): 8.45
Profit Margin: -0.40%
Enterprise Value (EV): $810,628,164
Enterprise Value to Revenue (EV/R): 4.07
Price to Sales (P/S): 4.07
Price to Book (P/B): 1.11
Price/Earnings-to-Growth (PEG) Ratio: 0.01
P/E Ratio: -4.71
P/E High: -4.38
P/E Low: -5.98
Forward P/E Ratio: 4.82
Market Capitalization: $746,910,667
Beta: 0.79
Latest Volume: 14,863,820
Avg. Total Volume: 4,219,386
Avg. 10-Day Volume: 2,677,104
Avg. 30-Day Volume: 4,219,386
TTM EPS: -0.90
Shares Outstanding: 176,993,049
Float: N/A
50-Day Moving Avg.: $4.51
200-Day Moving Avg.: $4.69

Latest REIT Community Comments on #ORC


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REIT Simulation


Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.

With $1,000 USD With $500 USD With $250 USD With $100 USD With $50 USD
Initial investment @ $5.65 per share you would have been able to buy 176 shares of ORC on 2021-01-16 costing $994.40 @ $5.65 per share you would have been able to buy 88 shares of ORC on 2021-01-16 costing $497.20 @ $5.65 per share you would have been able to buy 44 shares of ORC on 2021-01-16 costing $248.60 @ $5.65 per share you would have been able to buy 17 shares of ORC on 2021-01-16 costing $96.05 @ $5.65 per share you would have been able to buy 8 shares of ORC on 2021-01-16 costing $45.20
Current worth On 2022-01-14 these 176 shares would be worth $742.72 @ $4.22 On 2022-01-14 these 88 shares would be worth $371.36 @ $4.22 On 2022-01-14 these 44 shares would be worth $185.68 @ $4.22 On 2022-01-14 these 17 shares would be worth $71.74 @ $4.22 On 2022-01-14 these 8 shares would be worth $33.76 @ $4.22
Dividends earned $148.72 in dividends would have been earned since 2021-01-16 with 176 shares. $74 in dividends would have been earned since 2021-01-16 with 88 shares. $37.18 in dividends would have been earned since 2021-01-16 with 44 shares. $14.37 in dividends would have been earned since 2021-01-16 with 17 shares. $6.76 in dividends would have been earned since 2021-01-16 with 88 shares.
Net (gain / loss)* -102.96 USD -51.48 USD -25.74 USD -9.95 USD -4.68 USD
ROI** -10.35% -10.35% -10.35% -10.35% -10.35%

*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.

Dividend History


Below are the most recent cash dividends paid by ORC. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.


Symbol Ex Date Cash Amount Change in Dividend Declaration Date Record Date Payment Date
ORC 2021-12-30 0.065 --- 2021-12-09 2021-12-31 2022-01-27
ORC 2021-11-29 0.065 --- 2021-11-09 2021-11-30 2021-12-29
ORC 2021-10-28 0.065 --- 2021-10-12 2021-10-29 2021-11-26
ORC 2021-09-29 0.065 --- 2021-09-16 2021-09-30 2021-10-27
ORC 2021-08-30 0.065 --- 2021-08-18 2021-08-31 2021-09-28
ORC 2021-07-29 0.065 --- 2021-07-14 2021-07-30 2021-08-27
ORC 2021-06-29 0.065 --- 2021-06-15 2021-06-30 2021-07-28
ORC 2021-05-27 0.065 --- 2021-05-12 2021-05-28 2021-06-28
ORC 2021-04-29 0.065 --- 2021-04-14 2021-04-30 2021-05-26
ORC 2021-03-30 0.065 --- 2021-03-17 2021-03-31 2021-04-28
ORC 2021-02-25 0.065 --- 2021-02-10 2021-02-26 2021-03-29
ORC 2021-01-28 0.065 --- 2021-01-14 2021-01-29 2021-02-24
ORC 2020-12-30 0.065 --- 2020-12-15 2020-12-31 2021-01-27
ORC 2020-11-27 0.065 --- 2020-11-12 2020-11-30 2020-12-29
ORC 2020-10-29 0.065 --- 2020-10-14 2020-10-30 2020-11-25
ORC 2020-09-29 0.065 --- 2020-09-16 2020-09-30 2020-10-28
ORC 2020-08-28 0.065 8.33% 2020-08-19 2020-08-31 2020-09-28
ORC 2020-07-30 0.060 9.09% 2020-07-15 2020-07-31 2020-08-27
ORC 2020-06-29 0.055 --- 2020-06-16 2020-06-30 2020-07-29
ORC 2020-05-28 0.055 --- 2020-05-13 2020-05-29 2020-06-26

Financial Statements Overview


The next Earnings Report for ORC is 2022-02-24

Balance Sheet | Quarterly

See Annual Balance Sheet | See Quarterly Balance Sheet

Amounts in USD ($)

Balance Sheet 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Current Cash 0 0 0 0
Receivables 15,241,000 12,547,000 10,852,000 10,135,000
Inventory 0 0 0 0
Current Assets 6,125,589,000 5,000,363,000 4,656,576,000 3,978,172,000
Current Assets (Other) 47,383,000 43,735,000 95,752,000 20,999,000
Short Term Investments 5,686,215,000 4,714,974,000 4,434,288,000 3,747,894,000
Long-term Investments 51,553,000 107,564,000 274,190,000 79,879,000
Property, Plant & Equipment Net 0 0 0 0
Goodwill 0 0 0 0
Intangible Assets 0 0 0 0
Other Assets 442,000 688,000 157,035,000 516,000
Net Tangible Assets 730,629,000 553,821,000 466,176,000 415,291,000
Total Assets 6,177,142,000 5,107,927,000 4,930,766,000 4,058,051,000
Accounts Payable 0 0 0 0
Liabilities (Other) 30,058,000 13,134,000 0 7,188,000
Current Liabilities (Other) 202,586,000 26,268,000 282,910,000 39,986,000
Total Current Liabilities 5,416,455,000 4,540,972,000 4,464,590,000 3,635,572,000
Current Long-term Debt 5,213,869,000 4,514,704,000 4,181,680,000 3,595,586,000
Long-term Debt 0 0 0 0
Total Liabilities 5,446,513,000 4,554,106,000 4,464,590,000 3,642,760,000
Minority Interest 0 0 0 0
Common Stock 105,305,772 92,456,082 85,344,954 70,640,935
Retained Earnings -38,190,000 -64,228,000 -47,363,000 -17,994,000
Treasury Stock 0 0 0 0
Capital Surplus 0 0 0 0
Shareholder Equity 730,629,000 553,821,000 466,176,000 415,291,000

Income Statement | Quarterly

See Annual Income Statement | See Quarterly Income Statement

Amounts in USD ($)

Income Statement 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Total Revenue 90,279,000 56,110,000 26,856,000 25,893,000
Cost of Revenue 0 0 0 0
Gross Profit 90,279,000 56,110,000 26,856,000 25,893,000
Research and Development 0 0 0 0
Selling General and Admin 1,703,000 1,244,000 497,000 602,000
Operating Expense 126,407,000 112,901,000 5,434,000 -1,154,000
Operating Income -36,128,000 -56,791,000 21,422,000 27,047,000
Income Expense Net (Other) 15,932,000 10,557,000 -50,791,000 -10,568,000
EBIT -20,196,000 -46,234,000 -29,369,000 16,479,000
Interest Income 0 0 0 0
Pretax Income -20,196,000 -46,234,000 -29,369,000 16,479,000
Income Tax 0 0 0 0
Minority Interest 0 0 0 0
Net Income -20,196,000 -46,234,000 -29,369,000 16,479,000
Net Income Basic -20,196,000 -46,234,000 -29,369,000 16,479,000

Cash Flow | Quarterly

See Annual Cash Flow | See Quarterly Cash Flow

Amounts in USD ($)

Cash Flow 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Net Income -20,196,000 -46,234,000 -29,369,000 16,479,000
Depreciation 0 0 0 0
Changes in Receivables 15,241,000 12,547,000 10,852,000 10,135,000
Changes in Inventories 0 0 0 0
Cash Change 424,133,000 272,842,000 211,436,000 220,143,000
Cash Flow 22,535,000 13,885,000 24,763,000 24,493,000
Capital Expenditures 0 0 0 0
Investments 0 0 0 0
Investing Activity (Other) 0 0 0 0
Total Investing Cash Flows -779,089,000 -401,629,000 -662,353,000 -309,075,000
Dividends Paid 0 0 0 0
Net Borrowings -472,346,000 -200,270,000 -252,608,000 -152,308,000
Cash Flow Financing 852,080,000 438,871,000 666,675,000 336,742,000
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. 3.8
8 Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. 6.5
Rating AFFO & Efficiency Section Avg. Rating
Rating Leverage Section Avg. Rating
0 Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. 5.1
6 Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. 6.9
Rating Asset & Revenue Section Avg. Rating
10 Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. 6.2
10 Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. 6.2
Rating Properties Section Avg. Rating
Rating Market Cap Section Avg. Rating
10 Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. 5.5
4.6 Overall REITRating™ Score (See trend) 6.2

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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Last updated: 2022-01-16 - v2.8