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 morning. The company provided EPS guidance of 0.270-0.270 for the period.

Orchid Island Capital Price Performance

Orchid Island Capital stock opened at $5.08 on Thursday. The firm has a 50 day simple moving average of $6.12 and a 200-day simple moving average of $6.58. The stock has a market cap of $1.01 billion, a price-to-earnings ratio of 3.43 and a beta of 1.60. Orchid Island Capital has a 1-year low of $4.85 and a 1-year high of $8.40.

Orchid Island Capital (NYSE:ORC) last released its quarterly earnings results 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 for the quarter, compared to analysts’ expectations of $74.26 million.

Orchid Island Capital Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, November 27th. Shareholders of record on Friday, October 30th will be given a $0.10 dividend. The ex-dividend date is Friday, October 30th. This represents a $1.20 dividend on an annualized basis and a yield of 23.6%. Orchid Island Capital’s payout ratio is currently 81.08%.

Orchid Island Capital announced that its board has approved a share buyback plan on Monday, June 22nd that allows the company to buy back 25,000,000,000,000 outstanding shares. This repurchase authorization allows the real estate investment trust to repurchase up to 12.5% of its shares through open market purchases. Stock repurchase plans are typically a sign that the company’s management believes its shares are undervalued.

Analysts Set New Price Targets

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

Orchid Island Capital Company Profile

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.