Orchid Island Capital Inc (NYSE:ORC) has been assigned a consensus broker rating score of 3.00 (Hold) from the one analysts that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a hold recommendation. Orchid Island Capital’s rating score has declined by 200% in the last 90 days as a result of a number of analysts’ ratings changes.
Zacks has also assigned Orchid Island Capital an industry rank of 109 out of 256 based on the ratings given to related companies.
ORC has been the subject of a number of research reports. Zacks Investment Research upgraded shares of Orchid Island Capital from a “sell” rating to a “hold” rating in a research note on Wednesday, November 7th. ValuEngine upgraded shares of Orchid Island Capital from a “sell” rating to a “hold” rating in a research note on Wednesday, January 2nd. Finally, LADENBURG THALM/SH SH cut shares of Orchid Island Capital from a “buy” rating to a “neutral” rating in a research note on Friday, October 26th.
Shares of ORC traded down $0.01 during midday trading on Tuesday, reaching $6.77. The stock had a trading volume of 612,474 shares, compared to its average volume of 672,117. Orchid Island Capital has a one year low of $5.83 and a one year high of $9.09. The company has a market cap of $346.58 million, a PE ratio of 8.06 and a beta of 0.38.
Orchid Island Capital (NYSE:ORC) last announced its quarterly earnings data on Friday, October 26th. The real estate investment trust reported ($0.06) EPS for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.42). As a group, analysts expect that Orchid Island Capital will post 1.44 earnings per share for the current year.
The firm also recently disclosed a monthly dividend, which will be paid on Thursday, January 10th. Shareholders of record on Monday, December 31st will be paid a $0.08 dividend. This represents a $0.96 annualized dividend and a yield of 14.18%. The ex-dividend date of this dividend is Friday, December 28th. Orchid Island Capital’s dividend payout ratio (DPR) is 114.29%.
Orchid Island Capital Company Profile
Orchid Island Capital, Inc, a specialty finance company, invests in residential mortgage-backed securities (RMBS) in the United States. The company's RMBS are backed primarily by single-family residential mortgage loans, referred as Agency RMBS. Its portfolio includes traditional pass-through Agency RMBS; and structured Agency RMBS, including collateralized mortgage obligations, interest only securities, inverse interest only securities, and principal only securities.
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