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
See ORC on Google Finance
See ORC on Yahoo Finance
See ORC on SEC.gov
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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
Stock Chart
See in Advanced Graph ViewHightlights of Trading Day January 14, 2022
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
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
- Orchid Island Capital Inc. - Orchid Island Capital Announces Estimated Fourth Quarter 2021 Results, January 2022 Monthly Dividend and December 31, 2021 RMBS Portfolio Characteristics - Thu, 13 Jan 2022 21:16:02 UTC
- Orchid Island Capital Inc. - Orchid Island Capital Announces December 2021 Monthly Dividend, November 30, 2021 RMBS Portfolio Characteristics and Increase in Stock Repurchase Program - Thu, 09 Dec 2021 21:05:39 UTC
- Orchid Island Capital Inc. - Orchid Island Capital, Inc. and Bimini Capital Management, Inc. Announce Third Amendment to Management Agreement - Wed, 17 Nov 2021 21:57:25 UTC
- Orchid Island Capital Inc. - Orchid Island Capital Announces November 2021 Monthly Dividend and October 31, 2021 RMBS Portfolio Characteristics - Tue, 09 Nov 2021 21:54:27 UTC
- Orchid Island Capital Inc. - Orchid Island Capital Announces Third Quarter 2021 Results - Thu, 28 Oct 2021 20:25:27 UTC
Key Stats of Trading Day January 14, 2022
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
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
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
- #ORC declared Q1 2020 Net loss of $91.2 million, or $1.41 per common share, which consists of: Net interest income of $19.1 million, or $0.30 per common share. Total expenses of $2.1 million, or $0.03 per common share. Net realized and unrealized losses of $108.2 million, or $1.68 per share, on RMBS and derivative instruments, including net interest income on interest rate swaps. - Kev B - 2020-04-30 22:04:14 - See full comment
- Sold my stake in Orchid Island this week. #ORC - Rubyckube - 2019-12-13 22:36:16 - See full comment
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
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