During the last session, Orchid Island Capital Inc (NYSE:ORC)’s traded shares were 5.29 million, with the beta value of the company hitting 1.48. The 52-week high for the ORC share is $9.01, that puts it down -28.71 from that peak though still a striking 18.86% gain since the share price plummeted to a 52-week low of $5.68. The company’s market capitalization is $746.71M, and the average trade volume was 3.98 million shares over the past three months.
Orchid Island Capital Inc (ORC) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.50. ORC has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.12.
Orchid Island Capital Inc (NYSE:ORC) trade information
The stock’s 5-day price performance is -2.23%, and it has moved by -4.63% in 30 days. Based on these gigs, the overall price performance for the year is -16.77%.
Orchid Island Capital Inc (ORC) estimates and forecasts
In the rating firms’ projections, revenue will increase 1,677.90% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 23.25M as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 24.59M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled -697k and 340k respectively. In this case, analysts expect current quarter sales to grow by 3,436.37% and then jump by 7,133.24% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -23.20%. While earnings are projected to return 434.72% in 2025.
ORC Dividends
Orchid Island Capital Inc is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Orchid Island Capital Inc is 1.44, with the dividend yield indicating at 20.57 percent, continuing the trend of increasing dividends in recent years.
Orchid Island Capital Inc (NYSE:ORC)’s Major holders
The next largest institutional holding, with 2.96 million shares, is of VANGUARD GROUP INC’s that is approximately 5.1157% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $24.64 million.
Also, the Mutual Funds coming in first place with the largest holdings of Orchid Island Capital Inc (ORC) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and Invesco Exch-Trd Fd. TRT II-Invesco KBW High Dividend Yield Financial. Data provided on Dec 31, 2024 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 2.25 shares. This amounts to just over 2.06 percent of the company’s overall shares, with a $15.72 million market value. The same data shows that the other fund manager holds slightly less at 2.14, or about 1.96% of the stock, which is worth about $14.96 million.
