Orchid Island Capital (NYSE:ORC) Issues Q3 2026 Earnings Guidance

Orchid Island Capital (NYSE:ORC) issued an update on its third quarter 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.270-0.270 for the period.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. BTIG Research began coverage on Orchid Island Capital in a report on Thursday, July 9th. They issued a “neutral” rating for the company. Weiss Ratings cut Orchid Island Capital from a “sell (d+)” rating to a “sell (d)” rating in a research note on Thursday, October 8th. Two equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Orchid Island Capital currently has an average rating of “Reduce” and a consensus target price of $7.50.

Orchid Island Capital Stock Performance

Shares of ORC opened at $5.08 on Thursday. The stock has a 50 day moving average price of $6.12 and a two-hundred day moving average price of $6.58. The firm has a market capitalization of $1.01 billion, a P/E ratio of 3.43 and a beta of 1.60. Orchid Island Capital has a 52 week low of $4.85 and a 52 week high of $8.40.

Orchid Island Capital (NYSE:ORC) last issued its quarterly earnings data on Thursday, July 23rd. The real estate investment trust reported $0.26 EPS for the quarter, missing the consensus estimate of $0.28 by ($0.02). The firm had revenue of $59.97 million during the quarter, compared to analysts’ expectations of $74.26 million.

Orchid Island Capital Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, November 27th. Investors of record on Friday, October 30th will be given a dividend of $0.10 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 23.6%. The ex-dividend date of this dividend is Friday, October 30th. Orchid Island Capital’s dividend payout ratio (DPR) is presently 81.08%.

Orchid Island Capital declared that its board has authorized a share repurchase plan on Monday, June 22nd that permits the company to buy back 25,000,000,000,000 shares. This buyback authorization permits the real estate investment trust to repurchase up to 12.5% of its shares through open market purchases. Share buyback plans are usually a sign that the company’s leadership believes its stock is undervalued.

About Orchid Island Capital

Orchid Island Capital, Inc is a real estate investment trust that invests primarily in residential mortgage-backed securities (RMBS) issued or guaranteed by U.S. government-sponsored entities. Its portfolio generally consists of agency securities backed by mortgages insured or guaranteed by the Government National Mortgage Association (Ginnie Mae), Federal National Mortgage Association (Fannie Mae), and Federal Home Loan Mortgage Corporation (Freddie Mac).

The company seeks to generate income from its investments and manage interest-rate and prepayment risks through portfolio construction, financing arrangements, and hedging strategies.