Orchid Island Capital ORC Stock Price, News & Info The Motley Fool

Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. REITs are dividend-paying entities that own or finance real estate. Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season.

Investors of record on Friday, September 29th will be paid a dividend of $0.16 per share on Friday, October 27th. This represents a $1.92 annualized dividend and a dividend yield of 22.56%. Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, top-rated podcasts, and non-profit The Motley Fool Foundation.

Its portfolio consists of traditional pass-through Agency RMBS and structured Agency RMBS. The traditional pass-through Agency RMBS include mortgage pass through certificates and collateralized mortgage obligations. The structured Agency RMBS consist of interest only, inverse interest only, and principal only securities. The company was founded on August 17, 2010 and is headquartered in Vero Beach, FL.

Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was How to Make Money in Stocks available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Orchid Island Capital, Inc. operates as a specialty finance company, investing in residential mortgage-backed securities (RMBS).

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Orchid Island Capital shares reverse split on the morning of Wednesday, August 31st 2022. The 1-5 reverse split was announced on Wednesday, August 31st 2022. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, August 31st 2022. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split. Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates. Orchid Island Capital’s most recent monthly dividend payment of $0.16 per share was made to shareholders on Wednesday, September 27, 2023.

  • One share of ORC stock can currently be purchased for approximately $8.51.
  • An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split.
  • The monthly returns are then compounded to arrive at the annual return.

In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest. As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Style is an investment factor that has a meaningful impact on investment risk and returns.

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Upgrade to MarketBeat All Access to add more stocks to your watchlist. One share of ORC stock can currently be purchased for approximately $8.51.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks.

ORC Dividend Payments

Orchid Island Capital’s next monthly dividend payment of $0.16 per share will be made to shareholders on Friday, October 27, 2023. The specialty finance company reported first-quarter earnings guidance, and an analyst downgraded the stock. Buy google stock Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements. Orchid Island Capital saw a drop in short interest in September.

Research Report for ORC

Since 1988 it has more than doubled the S&P 500 with an average gain of +24.17% per year. These returns cover a period from January 1, 1988 through September 4, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return.

Orchid Island Capital issued an update on its second quarter 2023 earnings guidance on Friday, July, 14th. The company provided earnings per share guidance of -$0.34–$0.34 for the period, compared to the consensus estimate of -$0.01. The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.

Orchid Island Capital to Announce First Quarter 2023 Results

You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment best cfd trading platform strategy, any analyst opinion/rating/report or any approach to evaluating individual securities. The most recent change in the company’s dividend was a decrease of $0.0650 on Wednesday, August 17, 2022. The technique has proven to be very useful for finding positive surprises.

The Company invests in residential mortgage-backed securities. Orchid Island Capital serves customers in the State of Florida. © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer.

Style is calculated by combining value and growth scores, which are first individually calculated. 5 employees have rated Orchid Island Capital Chief Executive Officer Torben Munch on Glassdoor.com. Torben Munch has an approval rating of 63% among the company’s employees. This puts Torben Munch in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

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