Headlines about Orchid Island Capital (NYSE:ORC) have been trending somewhat positive on Sunday, Accern reports. The research firm identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Orchid Island Capital earned a media sentiment score of 0.06 on Accern’s scale. Accern also assigned media stories about the real estate investment trust an impact score of 45.6758302957822 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Build a Christmas Tree with Top-Ranked Stocks (finance.yahoo.com)
- Quotidian Technical Highlights on Selected REIT Stocks — Orchid Island Capital, Equity Residential, New… (lifepulsehealth.com)
- Is Stock’s Performance Impressive? – Orchid Island Capital, Inc., (NYSE: ORC) – Stock Watch (stocksnewstimes.com)
- Orchid Island Capital, Inc. (NYSE:ORC) – What Do Analysts’ Recommend? – Nasdaq Journal (press release) (nasdaqjournal.com)
- Orca Exploration Group, Inc. breached its 50 day moving average in a Bullish Manner : ORC.B-CA : December 18, 2017 (finance.yahoo.com)
Orchid Island Capital (NYSE:ORC) opened at $9.41 on Friday. The firm has a market cap of $433.88, a price-to-earnings ratio of -16.51 and a beta of 0.49. Orchid Island Capital has a 12-month low of $9.18 and a 12-month high of $12.60.
Several equities analysts recently issued reports on the stock. ValuEngine cut shares of Orchid Island Capital from a “hold” rating to a “sell” rating in a research note on Tuesday, October 31st. Zacks Investment Research upgraded shares of Orchid Island Capital from a “hold” rating to a “strong-buy” rating and set a $11.00 price objective for the company in a research report on Thursday, November 2nd. One analyst has rated the stock with a sell rating, one has assigned a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $11.00.
TRADEMARK VIOLATION NOTICE: This article was first posted by Community Financial News and is the property of of Community Financial News. If you are accessing this article on another site, it was illegally copied and reposted in violation of United States and international copyright legislation. The legal version of this article can be read at https://www.com-unik.info/2017/12/24/orchid-island-capital-orc-receiving-somewhat-positive-press-coverage-report-finds.html.
About Orchid Island Capital
Orchid Island Capital, Inc is a specialty finance company that invests in residential mortgage-backed securities (RMBS). The Company’s business objective is to provide attractive risk-adjusted total returns to its investors over the long term through a combination of capital appreciation and the payment of regular monthly distributions.
Receive News & Ratings for Orchid Island Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Orchid Island Capital and related companies with MarketBeat.com's FREE daily email newsletter.