Orchid Island Capital (NYSE:ORC – Get Free Report) is anticipated to issue its Q2 2026 results after the market closes on Thursday, July 23rd. Analysts expect the company to announce earnings of $0.28 per share and revenue of $74.2580 million for the quarter. Investors may review the information on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Friday, July 24, 2026 at 10:00 AM ET.
Orchid Island Capital (NYSE:ORC – Get Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The real estate investment trust reported $0.26 earnings per share for the quarter, hitting the consensus estimate of $0.26. The company had revenue of ($12.56) million during the quarter, compared to the consensus estimate of $33.03 million.
Orchid Island Capital Trading Down 2.1%
Shares of ORC opened at $6.71 on Tuesday. The firm’s 50 day simple moving average is $6.78 and its 200 day simple moving average is $7.18. The company has a market capitalization of $1.34 billion, a P/E ratio of 8.94 and a beta of 1.54. The company has a debt-to-equity ratio of 0.26, a current ratio of 509.34 and a quick ratio of 509.34. Orchid Island Capital has a 1-year low of $6.41 and a 1-year high of $8.40.
Orchid Island Capital Announces Dividend
Orchid Island Capital declared that its Board of Directors has approved a share buyback program on Monday, June 22nd that authorizes the company to repurchase 25,000,000,000,000 outstanding shares. This repurchase authorization authorizes the real estate investment trust to buy up to 12.5% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s board of directors believes its shares are undervalued.
Analyst Upgrades and Downgrades
ORC has been the subject of a number of research analyst reports. BTIG Research began coverage on shares of Orchid Island Capital in a report on Thursday, July 9th. They set a “neutral” rating for the company. Weiss Ratings raised Orchid Island Capital from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, July 15th. Finally, Wall Street Zen cut Orchid Island Capital from a “hold” rating to a “sell” rating in a research note on Tuesday, May 5th. Two equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus price target of $7.50.
Read Our Latest Stock Analysis on Orchid Island Capital
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of the business. PNC Financial Services Group Inc. lifted its holdings in shares of Orchid Island Capital by 64.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 6,413 shares of the real estate investment trust’s stock worth $46,000 after acquiring an additional 2,502 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of Orchid Island Capital during the 2nd quarter valued at $55,000. Genesis Wealth Advisors LLC bought a new position in shares of Orchid Island Capital during the 4th quarter valued at $72,000. Cibc World Markets Corp purchased a new position in Orchid Island Capital in the 4th quarter worth $73,000. Finally, US Bancorp DE raised its position in Orchid Island Capital by 49.2% in the 3rd quarter. US Bancorp DE now owns 10,260 shares of the real estate investment trust’s stock worth $72,000 after purchasing an additional 3,382 shares during the period. 32.74% of the stock is currently owned by institutional investors.
Orchid Island Capital Company Profile
Orchid Island Capital is a real estate investment trust that specializes in investing in residential mortgage?backed securities (RMBS), with a primary focus on mortgage pass?through securities guaranteed by the Government National Mortgage Association (Ginnie Mae). Structured to elect and maintain status as a REIT under the U.S. Internal Revenue Code, the company’s principal business strategy involves acquiring pools of U.S. residential mortgages in the secondary market and holding them to generate interest income.
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