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
 |
 |
Click on rating to expand| Rating | Dividend Section | Avg. Rating |
|---|---|---|
| 0 | Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. | 5.5 |
| 3 | Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. | 4.5 |
| 2 | Dividend to EPS Payout Ratio Health: Analysis of the REIT’s Dividend to EPS Payout Ratios during the last four quarters. | 0.7 |
| 1 | Dividend to EPS Payout Ratio Trend: Analysis of the REIT’s Dividend to EPS Payout Ratios trend during the last two years. | 0.3 |
| 1 | EPS Trend: Analysis of the REIT’s EPS trend during the last two years. | 0.8 |
| 1.4 | Overall Dividend Section Rating: The REIT’s total dividend score from the compilation of the below dividend analysis. | 6.8 |
| Rating | Leverage Section | Avg. Rating |
|---|---|---|
| N/A | Interest Coverage Health: Analysis of the REIT’s Interest Coverage health during the last four quarter. | 6.6 |
| N/A | Interest Coverage Health Trend: Analysis of the REIT’s Interest Coverage health trend during the last two years. | 7.3 |
| N/A | Total Debt Interest Rate Competitiveness: Analysis of the REIT’s Interest Rate to Total Debt competitiveness compared to REIT market. | 8.0 |
| N/A | Total Debt Interest Rate Trend: Analysis of the REIT’s Interest Rate to Total Debt trend during the last two years. | 8.0 |
| 0 | Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. | 6.3 |
| 3 | Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. | 7.1 |
| Rating | Asset & Revenue Section | Avg. Rating |
|---|---|---|
| 0 | G&A Effeciency Level: Analysis of the REIT’s General and Administrative expenses in relationship to its Revenues. | 6.9 |
| 1 | G&A Effeciency Trend: Analysis of the Trend of the REIT’s General and Administrative expenses in relationship to its Revenues. | 7.7 |
| 1 | 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. | 7.3 |
| 1.3 | Overall Asset & Revenue Section Rating: The REIT’s total Asset, Revenues, and Administrative expenses score from the compilation of the above analysis. | 7.2 |
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.
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 |
|---|---|---|---|---|---|---|
Login to see Dividend History |
||||||
See Annual Balance Sheet | See Quarterly Balance Sheet
Amounts in USD ($)
| Balance Sheet | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 |
|---|---|---|---|---|
| Current Cash | 181,093,000 | 142,931,000 | 126,263,000 | 195,321,000 |
| Receivables | 0 | 0 | 0 | 0 |
| Inventory | 0 | 0 | 0 | 0 |
| Current Assets | 0 | 0 | 0 | 0 |
| Current Assets (Other) | 0 | 0 | 0 | 0 |
| Short Term Investments | 0 | 0 | 0 | 0 |
| Long-term Investments | 3,531,520,000 | 3,101,713,000 | 3,031,388,000 | 3,551,378,000 |
| Property, Plant & Equipment Net | 0 | 0 | 0 | 0 |
| Goodwill | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Other Assets | 348,000 | 518,000 | 2,993,000 | 312,000 |
| Net Tangible Assets | 359,658,000 | 340,414,000 | 336,079,000 | 393,303,000 |
| Total Assets | 3,726,826,000 | 3,257,747,000 | 3,395,631,000 | 3,761,096,000 |
| Accounts Payable | 0 | 0 | 0 | 0 |
| Liabilities (Other) | 37,641,000 | 50,595,000 | 34,500,000 | 45,990,000 |
| Current Liabilities (Other) | 4,343,000 | 3,995,000 | 3,931,000 | 4,163,000 |
| Total Current Liabilities | 0 | 0 | 0 | 0 |
| Current Long-term Debt | 0 | 0 | 0 | 0 |
| Long-term Debt | 0 | 0 | 0 | 0 |
| Total Liabilities | 3,367,168,000 | 2,917,333,000 | 3,059,552,000 | 3,367,793,000 |
| Minority Interest | 0 | 0 | 0 | 0 |
| Common Stock | 543,000 | 499,000 | 491,000 | 520,000 |
| Retained Earnings | -30,257,000 | -33,790,000 | -44,387,000 | -17,988,000 |
| Treasury Stock | 0 | 0 | 0 | 0 |
| Capital Surplus | 389,372,000 | 373,705,000 | 379,975,000 | 410,771,000 |
| Shareholder Equity | 359,658,000 | 340,414,000 | 336,079,000 | 393,303,000 |
See Annual Income Statement | See Quarterly Income Statement
Amounts in USD ($)
| 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 |
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 |
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.
| REIT | Exchange | Market Capitalization | Sector | Country |
|---|---|---|---|---|
| New York Mortgage Trust, Inc. (NYMT) | NASDAQ | Small-Cap | Mortgage | United States |
| Invesco Mortgage Capital, Inc. (IVR) | NYSE | Small-Cap | Mortgage | United States |
| Western Asset Mortgage Capital Corp (WMC) | NYSE | Small-Cap | Mortgage | United States |
| AG Mortgage Investment Trust, Inc. (MITT) | NYSE | Small-Cap | Mortgage | United States |
| Ellington Residential Mortgage REIT (EARN) | NYSE | Micro-Cap | Mortgage | United States |
| Two Harbors Investment Corp. (TWO) | NYSE | Mid-Cap | Mortgage | United States |
