Media stories about Orchid Island Capital (NYSE:ORC) have trended somewhat positive on Friday, according to Accern Sentiment Analysis. The research firm identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Orchid Island Capital earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave media headlines about the real estate investment trust an impact score of 47.3700763306856 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
ORC has been the topic of several research reports. ValuEngine raised Orchid Island Capital from a “buy” rating to a “strong-buy” rating in a report on Saturday, January 13th. Zacks Investment Research cut Orchid Island Capital from a “hold” rating to a “strong sell” rating in a report on Wednesday, February 14th.
Orchid Island Capital (NYSE ORC) opened at $7.29 on Friday. The stock has a market capitalization of $394.28, a price-to-earnings ratio of 364.50 and a beta of 0.32. Orchid Island Capital has a twelve month low of $6.77 and a twelve month high of $11.13.
The business also recently declared a monthly dividend, which will be paid on Tuesday, April 10th. Shareholders of record on Thursday, March 29th will be issued a $0.09 dividend. The ex-dividend date is Wednesday, March 28th. This represents a $1.08 annualized dividend and a dividend yield of 14.81%. Orchid Island Capital’s dividend payout ratio is currently 6,600.00%.
About Orchid Island Capital
Orchid Island Capital, Inc is a specialty finance company that invests in residential mortgage-backed securities (RMBS). The Company’s business objective is to provide attractive risk-adjusted total returns to its investors over the long term through a combination of capital appreciation and the payment of regular monthly distributions.
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