Orchid Island Capital (ORC) Stock Price

Statistics

The Orchid Island Capital stock price is currently $ 4.68 with a total market cap valuation of $ 903.20M (192.99M shares outstanding). The Orchid Island Capital is trading on NYSE under the ticker sign ORC. Orchid Island Capital price is up 0.21% in the past 24 hours. The Orchid Island Capital stock price prediction is currently bullish. The Orchid Island Capital trailing twelve month dividend rate is $ 1.30 per share with dividend yield of 27.78%.

Description

Orchid Island Capital, Inc. functions as a specialized financial enterprise primarily focused on acquiring residential mortgage-backed securities (RMBS) across the United States. Specifically, the firm concentrates on "Agency RMBS," which are investment instruments guaranteed by single-family residential home loans. Its diverse portfolio of Agency RMBS includes conventional instruments like mortgage pass-through certificates and collateralized mortgage obligations. Additionally, the company holds structured Agency RMBS, such as interest-only securities, inverse interest-only securities, and principal-only securities. For federal tax purposes, Orchid Island Capital, Inc. is recognized as a real estate investment trust (REIT). The company was founded in 2010 and maintains its headquarters in Vero Beach, Florida.

Company Profile

• Full Name: Orchid Island Capital
• Sector: Real Estate
• Website: https://www.orchidislandcapital.com