Orchid Island Capital (NYSE:ORC) Updates 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 earnings per share (EPS) guidance of 0.440-0.440 for the period, compared to the consensus estimate of 0.280. The company issued revenue guidance of -.

Analysts Set New Price Targets

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

Orchid Island Capital Stock Performance

Orchid Island Capital stock traded down $0.09 during trading hours on Monday, hitting $6.72. 4,559,916 shares of the stock traded hands, compared to its average volume of 6,186,547. The firm’s 50 day moving average price is $6.80 and its 200-day moving average price is $7.20. The company has a debt-to-equity ratio of 0.26, a current ratio of 509.34 and a quick ratio of 509.34. The stock has a market capitalization of $1.35 billion, a price-to-earnings ratio of 8.96 and a beta of 1.54. Orchid Island Capital has a 1 year low of $6.41 and a 1 year high of $8.40.

Orchid Island Capital (NYSE:ORC) last released its earnings results on Thursday, April 23rd. The real estate investment trust reported $0.26 EPS for the quarter, hitting analysts’ consensus estimates of $0.26. The firm had revenue of ($12.56) million for the quarter, compared to analyst estimates of $33.03 million.

Orchid Island Capital Dividend Announcement

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

Orchid Island Capital declared that its Board of Directors has authorized a stock buyback plan on Monday, June 22nd that allows the company to repurchase 25,000,000,000,000 shares. This repurchase authorization allows the real estate investment trust to reacquire up to 12.5% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s leadership believes its shares are undervalued.

Institutional Trading of Orchid Island Capital

Several institutional investors have recently bought and sold shares of ORC. AQR Capital Management LLC acquired a new position in shares of Orchid Island Capital during the 1st quarter worth approximately $84,000. Millennium Management LLC increased its holdings in Orchid Island Capital by 234.9% in the 1st quarter. Millennium Management LLC now owns 1,036,387 shares of the real estate investment trust’s stock worth $7,794,000 after acquiring an additional 726,907 shares in the last quarter. Strs Ohio purchased a new stake in Orchid Island Capital in the 1st quarter worth $111,000. Envestnet Asset Management Inc. acquired a new position in Orchid Island Capital during the second quarter worth $75,000. Finally, Legal & General Group Plc lifted its holdings in Orchid Island Capital by 1,421.3% during the second quarter. Legal & General Group Plc now owns 100,817 shares of the real estate investment trust’s stock valued at $707,000 after purchasing an additional 94,190 shares in the last quarter. 32.74% of the stock is owned by institutional investors and hedge funds.

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.