In the latest trading session,, 0.86 million Orchid Island Capital Inc (NYSE:ORC) shares changed hands as the company’s beta touched 1.49. With the company’s most recent per share price at $7.19 changing hands around $0.01 or 0.14% at last look, the market valuation stands at $766.98M. ORC’s current price is a discount, trading about -25.31% off its 52-week high of $9.01. The share price had its 52-week low at $5.68, which suggests the last value was 21.0% up since then. When we look at Orchid Island Capital Inc’s average trading volume, we note the 10-day average is 3.3 million shares, with the 3-month average coming to 3.97 million.
Analysts gave the Orchid Island Capital Inc (ORC) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.50. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended ORC as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight.
Orchid Island Capital Inc (NYSE:ORC) trade information
Instantly ORC is in green as seen in intraday trades today. With action -0.83%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -7.58%, with the 5-day performance at -0.83% in the red. However, in the 30-day time frame, Orchid Island Capital Inc (NYSE:ORC) is 11.13% up. Looking at the short shares, we see there were 6.96 million shares sold at short interest cover period of 1.35 days.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -23.20%. The 2025 estimates are for Orchid Island Capital Inc earnings to increase by 434.72%.
ORC Dividends
Orchid Island Capital Inc is expected to release its next quarterly earnings report on 2025-Apr-23. The 20.03% annual yield figure for the share gives it an annual dividend of 1.44. It is important to note, however, that the 20.03% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 19.48 per year.
Orchid Island Capital Inc (NYSE:ORC)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.20% of Orchid Island Capital Inc shares while 34.50% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 34.57%. There are 34.50% institutions holding the Orchid Island Capital Inc stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 9.4032% of the shares, roughly 5.43 million ORC shares worth $45.3 million.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 5.1157% or 2.96 million shares worth $24.64 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and Invesco Exch-Trd Fd. TRT II-Invesco KBW High Dividend Yield Financial . With 2.25 shares estimated at $16.16 million under it, the former controlled 2.06% of total outstanding shares. On the other hand, Invesco Exch-Trd Fd. TRT II-Invesco KBW High Dividend Yield Financial held about 1.98% of the shares, roughly 2.16 shares worth around $15.56 million.
