Orchid Island Capital (NYSE:ORC) Issues Q2 2026 Earnings Guidance

Orchid Island Capital (NYSE:ORC) issued an update on its second quarter 2026 earnings guidance on Monday morning. The company provided EPS guidance of 0.440-0.440 for the period, compared to the consensus estimate of 0.280. The company issued revenue guidance of -.

Orchid Island Capital Trading Down 1.3%

ORC stock opened at $6.72 on Tuesday. Orchid Island Capital has a 52-week low of $6.41 and a 52-week high of $8.40. The company has a quick ratio of 509.34, a current ratio of 509.34 and a debt-to-equity ratio of 0.26. The firm has a market cap of $1.35 billion, a P/E ratio of 8.96 and a beta of 1.54. The company’s 50-day simple moving average is $6.80 and its 200-day simple moving average is $7.20.

Orchid Island Capital (NYSE:ORC) last announced its quarterly earnings results on Thursday, April 23rd. The real estate investment trust reported $0.26 earnings per share for the quarter, meeting the consensus estimate of $0.26. The business had revenue of ($12.56) million during the quarter, compared to analysts’ expectations of $33.03 million.

Orchid Island Capital Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, July 31st will be issued a $0.10 dividend. This represents a c) annualized dividend and a yield of 17.9%. The ex-dividend date of this dividend is Friday, July 31st. Orchid Island Capital’s payout ratio is presently 160.00%.

Orchid Island Capital announced that its Board of Directors has approved a stock repurchase program on Monday, June 22nd that authorizes the company to repurchase 25,000,000,000,000 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 an indication that the company’s board believes its shares are undervalued.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on ORC shares. Weiss Ratings lowered shares of Orchid Island Capital from a “sell (d+)” rating to a “sell (d)” rating in a research report on Wednesday, June 24th. BTIG Research started coverage on shares of Orchid Island Capital in a research report on Thursday. They set a “neutral” rating for the company. Finally, Wall Street Zen lowered shares of Orchid Island Capital from a “hold” rating to a “sell” rating in a research note on Tuesday, May 5th. Two research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus target price of $7.50.

Hedge Funds Weigh In On Orchid Island Capital

A number of hedge funds have recently modified their holdings of the business. PNC Financial Services Group Inc. lifted its position in Orchid Island Capital by 64.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 6,413 shares of the real estate investment trust’s stock valued at $46,000 after buying an additional 2,502 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of Orchid Island Capital during the 2nd quarter worth approximately $55,000. Genesis Wealth Advisors LLC purchased a new position in shares of Orchid Island Capital during the 4th quarter worth approximately $72,000. BNP Paribas Financial Markets increased its holdings in Orchid Island Capital by 112.7% in the 2nd quarter. BNP Paribas Financial Markets now owns 10,300 shares of the real estate investment trust’s stock valued at $72,000 after purchasing an additional 5,457 shares during the last quarter. Finally, US Bancorp DE increased its holdings 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 valued at $72,000 after purchasing an additional 3,382 shares during the last quarter. 32.74% of the stock is currently owned by hedge funds and other 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.