In today’s recent session, 2.36 million shares of the Orchid Island Capital Inc (NYSE:ORC) have been traded, and its beta is 1.46. Most recently the company’s share price was $7.4, and it changed around -$0.01 or -0.13% from the last close, which brings the market valuation of the company to $789.38M. ORC at last check was trading at a discount to its 52-week high of $9.01, offering almost -21.76% off that amount. The share price’s 52-week low was $5.68, which indicates that the recent value has risen by an impressive 23.24% since then. We note from Orchid Island Capital Inc’s average daily trading volume that its 10-day average is 3.85 million shares, with the 3-month average coming to 3.76 million.
Orchid Island Capital Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.00. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 3 recommended ORC as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight.
Orchid Island Capital Inc (NYSE:ORC) trade information
Instantly ORC has been showing red trend so far today with a performance of -0.13% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 7.47 on recent trading dayincreased the stock’s daily price by 0.94%. The company’s shares are currently down -10.84% year-to-date, but still up 4.82% over the last five days. On the other hand, Orchid Island Capital Inc (NYSE:ORC) is 4.37% up in the 30-day period. We can see from the shorts that 5.65 million shares have been sold at a short interest cover period of 1.48 day(s).
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -23.20%.
ORC Dividends
Orchid Island Capital Inc’s next quarterly earnings report is expected to be released on 2025-Jun-11. The annual dividend yield of the stock is 19.46 percent and its annual dividend per share was 1.44. It is important to note, however, that the 19.46% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 19.49 per year.
Orchid Island Capital Inc (NYSE:ORC)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.18% of Orchid Island Capital Inc shares, and 30.10% of them are in the hands of institutional investors. The stock currently has a share float of 30.15%. Orchid Island Capital Inc stock is held by 193.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 9.4032% of the shares, which is about 5.43 million shares worth $45.3 million.
VANGUARD GROUP INC, with 5.1157% or 2.96 million shares worth $24.64 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and Invesco Exch-Trd Fd. TRT II-Invesco KBW High Dividend Yield Financial were the top two Mutual Funds as of Mar 31, 2025 . The former held 3.12 shares worth $23.09 million, making up 2.46% of all outstanding shares. On the other hand, Invesco Exch-Trd Fd. TRT II-Invesco KBW High Dividend Yield Financial held roughly 2.69 shares worth around $19.91 million, which represents about 2.13% of the total shares outstanding.
