Orchid Island Capital, Inc. | REIT Profile

Symbol: ORC
CIK: 1518621
Exchange: NYSE
Founded: 2010 (11 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: 4.3

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 October 15, 2021


Open Price: $5.04
Closing Price: $5
Price Change: N/A (N/A)
Lowest Price: $5
Highest Price: $5.04

52-Week Low: $4.40
52-Week High: $5.77
52-Week Change: 10.34%

5 Day Price Change: N/A
1 Month Price Change: 0.12%
3 Month Price Change: 3.32%
6 Month Price Change: -12.28%
YTD Price Change: 6.77%
1 Year Price Change: 10.98%
2 Year Price Change: 13.14%
5 Year Price Change: 1.08%

Dividend of Trading Day October 15, 2021


Dividend Yield: 15.6%*
Annualized Dividend: $0.78*
Dividend Yield (TTM): 14.608%
Annualized Dividend (TTM): $0.7304
Ex-Dividend Date: 2021-09-29
Next Ex-Dividend: 2021-10-28
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 October 15, 2021


Total Cash: N/A
Current Debt: $4,540,972,000
Revenue: $136,082,000
Gross Profit: $136,082,000
Total Revenue: $136,082,000
Earnings Before Interest, Taxes & Depreciation Amortization (EBITDA): $-31,048,000
Revenue Per Share: $1
Revenue Per Employee: N/A
Employee: 2,018
Debt to Equity Ratio (D/E): 9.22
Profit Margin: -0.23%
Enterprise Value (EV): $691,656,251
Enterprise Value to Revenue (EV/R): 5.08
Price to Sales (P/S): 5.08
Price to Book (P/B): 1.25
Peg Ratio: -0.99
P/E Ratio: -12.71
P/E High: -12.18
P/E Low: -16.72
Forward P/E Ratio: 10.44
Market Capitalization: $690,275,700
Beta: 0.55
Latest Volume: 2,349,606.00
Avg. Total Volume: 3,857,879
Avg. 10 Volume: 2,778,492.00
Avg. 30 Volume: 3,857,879.00
TTM EPS: -0.39
TTM Dividend Rate: 0.73
Shares Outstanding: 138,055,140
Float: N/A
50-Day Moving Avg.: 4.96
200-Day Moving Avg.: 5.07

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 2020-10-15 costing $994.40 @ $5.65 per share you would have been able to buy 88 shares of ORC on 2020-10-15 costing $497.20 @ $5.65 per share you would have been able to buy 44 shares of ORC on 2020-10-15 costing $248.60 @ $5.65 per share you would have been able to buy 17 shares of ORC on 2020-10-15 costing $96.05 @ $5.65 per share you would have been able to buy 8 shares of ORC on 2020-10-15 costing $45.20
Current worth On 2021-10-15 these 176 shares would be worth $880.00 @ $5.00 On 2021-10-15 these 88 shares would be worth $440.00 @ $5.00 On 2021-10-15 these 44 shares would be worth $220.00 @ $5.00 On 2021-10-15 these 17 shares would be worth $85.00 @ $5.00 On 2021-10-15 these 8 shares would be worth $40.00 @ $5.00
Dividends earned $148.72 in dividends would have been earned since 2020-10-15 with 176 shares. $74 in dividends would have been earned since 2020-10-15 with 88 shares. $37.18 in dividends would have been earned since 2020-10-15 with 44 shares. $14.37 in dividends would have been earned since 2020-10-15 with 17 shares. $6.76 in dividends would have been earned since 2020-10-15 with 88 shares.
Net (gain / loss)* 34.32 USD 17.16 USD 8.58 USD 3.31 USD 1.56 USD
ROI** 3.45% 3.45% 3.45% 3.45% 3.45%

*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 2021-09-29 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
ORC 2020-04-29 0.055 -31.25% 2020-04-08 2020-04-30 2020-05-27
ORC 2020-03-30 0.080 --- 2020-03-18 2020-03-31 2020-04-28
ORC 2020-02-27 0.080 --- 2020-02-12 2020-02-28 2020-03-27

Financial Statements Overview


Balance Sheet | Quarterly

See Annual Balance Sheet | See Quarterly Balance Sheet

Amounts in USD ($)

Balance Sheet 2021-06-30 2021-03-31 2020-12-31 2020-09-30
Current Cash 0 0 0 0
Receivables 12,547,000 10,852,000 10,135,000 10,378,000
Inventory 0 0 0 0
Current Assets 5,000,363,000 4,656,576,000 3,978,172,000 3,764,789,000
Current Assets (Other) 43,735,000 95,752,000 20,999,000 14,239,000
Short Term Investments 4,714,974,000 4,434,288,000 3,747,894,000 3,554,606,000
Long-term Investments 107,564,000 274,190,000 79,879,000 48,144,000
Property, Plant & Equipment Net 0 0 0 0
Goodwill 0 0 0 0
Intangible Assets 0 0 0 0
Other Assets 688,000 157,035,000 516,000 603,000
Net Tangible Assets 553,821,000 466,176,000 415,291,000 376,741,000
Total Assets 5,107,927,000 4,930,766,000 4,058,051,000 3,812,933,000
Accounts Payable 0 0 0 0
Liabilities (Other) 13,134,000 0 7,188,000 2,094,000
Current Liabilities (Other) 26,268,000 282,910,000 39,986,000 152,795,000
Total Current Liabilities 4,540,972,000 4,464,590,000 3,635,572,000 3,434,098,000
Current Long-term Debt 4,514,704,000 4,181,680,000 3,595,586,000 3,281,303,000
Long-term Debt 0 0 0 0
Total Liabilities 4,554,106,000 4,464,590,000 3,642,760,000 3,436,192,000
Minority Interest 0 0 0 0
Common Stock 92,456,082 85,344,954 70,640,935 411,214,000
Retained Earnings -64,228,000 -47,363,000 -17,994,000 -34,473,000
Treasury Stock 0 0 0 0
Capital Surplus 0 0 0 0
Shareholder Equity 553,821,000 466,176,000 415,291,000 376,741,000

Income Statement | Quarterly

See Annual Income Statement | See Quarterly Income Statement

Amounts in USD ($)

Income Statement 2021-06-30 2021-03-31 2020-12-31 2020-09-30
Total Revenue 56,110,000 26,856,000 25,893,000 27,223,000
Cost of Revenue 0 0 0 0
Gross Profit 56,110,000 26,856,000 25,893,000 27,223,000
Research and Development 0 0 0 0
Selling General and Admin 1,244,000 497,000 602,000 551,000
Operating Expense 112,901,000 5,434,000 -1,154,000 4,892,000
Operating Income -56,791,000 21,422,000 27,047,000 22,331,000
Income Expense Net (Other) 10,557,000 -50,791,000 -10,568,000 5,745,000
EBIT -46,234,000 -29,369,000 16,479,000 28,076,000
Interest Income 0 0 0 0
Pretax Income -46,234,000 -29,369,000 16,479,000 28,076,000
Income Tax 0 0 0 0
Minority Interest 0 0 0 0
Net Income -46,234,000 -29,369,000 16,479,000 28,076,000
Net Income Basic -46,234,000 -29,369,000 16,479,000 28,076,000

Cash Flow | Quarterly

See Annual Cash Flow | See Quarterly Cash Flow

Amounts in USD ($)

Cash Flow 2021-06-30 2021-03-31 2020-12-31 2020-09-30
Net Income -46,234,000 -29,369,000 16,479,000 28,076,000
Depreciation 0 0 0 0
Changes in Receivables 12,547,000 10,852,000 10,135,000 -590,000
Changes in Inventories 0 0 0 0
Cash Change 272,842,000 211,436,000 220,143,000 24,536,000
Cash Flow 13,885,000 24,763,000 24,493,000 30,881,000
Capital Expenditures 0 0 0 0
Investments 0 0 0 0
Investing Activity (Other) 0 0 0 0
Total Investing Cash Flows -401,629,000 -662,353,000 -309,075,000 109,735,000
Dividends Paid 0 0 0 0
Net Borrowings -200,270,000 -252,608,000 -152,308,000 -273,303,000
Cash Flow Financing 438,871,000 666,675,000 336,742,000 -171,925,000
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. 6.4
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. 4.9
6 Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. 6.7
Rating Asset & Revenue Section Avg. Rating
10 Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. 5.3
10 Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. 6.0
Rating Properties Section Avg. Rating
Rating Market Cap Section Avg. Rating
6 Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. 5.6
4.3 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: 2021-10-15 - v1.9