You can find your newly purchased ORC stock in your portfolio—alongside the rest of your stocks, ETFs, crypto, treasuries, and alternative assets. Shares of Orchid Island Capital reverse split on Wednesday, August 31st 2022. The 1-5 reverse split was announced on Wednesday, August 31st 2022. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, August 31st 2022. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes.

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This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.17% per year. These returns cover a period from January 1, 1988 through May 15, 2023.

Alternative Assets.Brokerage services for alternative assets available on Public are offered by Dalmore Group, LLC (“Dalmore”), member of FINRA & SIPC. “Alternative assets,” as the term is used at Public, are equity securities that have been issued pursuant to Regulation A of the Securities Act of 1933 (as amended) (“Regulation A”). These investments are speculative, involve substantial risks (including illiquidity and loss of principal), and are not FDIC or SIPC insured. Alternative Assets purchased on the Public platform are not held in an Open to the Public Investing brokerage account and are self-custodied by the purchaser. The issuers of these securities may be an affiliate of Public, and Public (or an affiliate) may earn fees when you purchase or sell Alternative Assets.

For more information on risks and conflicts of interest, see these disclosures. No offer to buy securities can be accepted, and no part of the purchase price can be received, until an offering statement filed with the SEC has been qualified by the SEC. An indication of interest to purchase securities involves no obligation or commitment of any kind. Orchid Island Capital, Inc. operates as a specialty finance company, which engages in investing in residential mortgage-backed securities (RMBS). The structured Agency RMBS comprise of interest only, inverse interest only, and principal only securities. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors.

REITS That Could Be Yield Traps

As of June 15th, there was short interest totaling 1,200,000 shares, a decrease of 44.4% from the May 31st total of 2,160,000 shares. Based on an average daily trading volume, of 854,000 shares, the short-interest ratio is currently 1.4 days. Approximately 3.1% of the shares of the company are sold short. The following chart presents the one-year price performance for Orchid Island Capital (ORC). The specialty finance company reported first-quarter earnings guidance, and an analyst downgraded the stock.

Investors of record on Friday, June 30th will be paid a dividend of $0.16 per share on Thursday, July 27th. This represents a $1.92 annualized dividend and a yield of 18.95%. Orchid Island Capital saw a decrease in short interest in June.

Orchid Island Capital to Announce First Quarter 2023 Results

Please see Open to the Public Investing’s Fee Schedule to learn more. The Barchart Technical Opinion widget shows you today’s overally Barchart Opinion with general information on how to interpret the short and longer term signals. Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods. Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating. After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study. For example, a price above its moving average is generally considered an upward trend or a buy.

Orchid Island Capital, Inc., a specialty finance company, invests in residential mortgage-backed securities (RMBS) in the United States. The company’s RMBS is backed by single-family residential mortgage loans, referred as Agency RMBS. The company has elected to be taxed as a real estate investment trust (REIT) for the United States federal income tax purposes. Orchid Island Capital, Inc. was incorporated in 2010 and is headquartered in Vero Beach, Florida. Orchid Island Capital, Inc. operates as a specialty finance company, investing in residential mortgage-backed securities (RMBS). Its portfolio consists of traditional pass-through Agency RMBS and structured Agency RMBS.

The scores are based on the trading styles of Value, Growth, and Momentum. There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines https://g-markets.net/helpful-articles/bull-flag-chart-pattern/ the weighted average of the individual style scores into one score. When you see ORC stock appear in the results, tap it to open up the purchase screen.

Orchid Island Capital, Inc. (ORC)

Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Orchid Island Capital declared a monthly dividend on Wednesday, June 14th.

• ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities.
• The structured Agency RMBS consist of interest only, inverse interest only, and principal only securities.
• Shares of Orchid Island Capital reverse split on Wednesday, August 31st 2022.
• Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day.
• It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The traditional pass-through Agency RMBS include mortgage pass through certificates and collateralized mortgage obligations. The structured Agency RMBS consist of interest only, inverse interest only, and principal only securities. The company was founded on August 17, 2010 and is headquartered in Vero Beach, FL.

Earnings Transcripts

This material is not intended as a recommendation, offer, or solicitation to purchase or sell securities, open a brokerage account, or engage in any investment strategy. JSI and Jiko Bank are not affiliated with Public Holdings, Inc. (“Public”) or any of its subsidiaries. None of these entities provide legal, tax, or accounting advice. Keep in mind that other fees such as regulatory fees, Premium subscription fees, commissions on trades during extended trading hours, wire transfer fees, and paper statement fees may apply to your brokerage account.

That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services.

5 employees have rated Orchid Island Capital Chief Executive Officer Torben Munch on Glassdoor.com. Torben Munch has an approval rating of 63% among the company’s employees. This puts Torben Munch in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

The following histogram allows you determine how frequently certain daily price movements occur and thereby provides a visual representation of the stock’s volatility. For a long-term perspective, the following chart presents price performance since 2000 for Orchid Island Capital (ORC). In addition to the latest Orchid Island Capital (ORC) stock price, this page includes 7 charts that add a unique perspective to the latest stock quote. REITs are dividend-paying entities that own or finance real estate. As an investor, you want to buy stocks with the highest probability of success.

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023. Has Orchid Island Capital (ORC) performed better on a particular day of the week? The chart below illustrates the average year performance (aka seasonality) for Orchid Island Capital (ORC). Some sectors tend to outperform during certain parts of the year.

• As real estate investment trusts (REITs) are required to distribute 90% of their taxable income to shareholders through dividend payments, and the rise in interest rates should prove to be a positive …
• Orchid Island Capital, Inc. was incorporated in 2010 and is headquartered in Vero Beach, Florida.
• You can find your newly purchased ORC stock in your portfolio—alongside the rest of your stocks, ETFs, crypto, treasuries, and alternative assets.
• An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s.

The Barchart Technical Opinion rating is a 72% Sell with a Weakening short term outlook on maintaining the current direction. The following chart presents the relative strength of Orchid Island Capital (ORC) as compared to the S&P 500. When the blue line in the chart is moving up, the stock is outperforming the S&P 500 and when it is trending down it is underperforming. Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity.

Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Orchid Island Capital’s stock was trading at $10.50 at the start of the year. Since then, ORC shares have decreased by 3.5% and is now trading at $10.13. Despite the 17% dividend yield, investors need to tread carefully when they consider this mortgage REIT. The technique has proven to be very useful for finding positive surprises. In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest.