ORC · Orchid Island Capital, Inc.
Price & Indicators
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Metrics snapshot
Useful current figures from the complete screener profile.
AI Brief
Q2 FY26 earnings call · Jul 24, 2026TL;DR. Orchid Island Capital reported Q2 GAAP net income of $0.44 per share and a 6.2% total return, with book value rising to $7.22, but the dividend was cut to $0.30 from $0.36 and the CEO warned the company is entering a period of higher rates and volatility, with mortgage cheapening extending book value pressure.
- + Q2 net income of $0.44 per share versus a $0.11 loss in Q1, including $0.18 per share of realized and unrealized gains on RMBS and derivatives.
- + Total return of 6.2% in Q2 versus negative 1.3% in Q1.
- + Book value increased to $7.22 from $7.08 at the start of the quarter.
- + Hedge coverage of repo funding rose to 91% from 72% as swaps notional grew to about $10.1 billion, providing protection if funding costs rise.
- − Dividend was cut to $0.30 per share from $0.36 in Q1.
- − Book value has declined post-quarter, down 4.3% as of the night before the call including dividend accrual, and leverage has drifted up to 7.73x from 7.3x at quarter-end.
- − Prepayment speeds slowed to 10.9% from 14.7% in Q1, and management expects speeds to continue to slow as mortgage rates drift higher.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Technicals
trend & momentum for long-term holders Strong SellIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
Earlier KPI extraction records exist, but do not meet the current evidence-completeness requirements. No current verified series is available. Earlier figures remain withheld until revalidated; this is not evidence that the company reports no KPIs.
Versus peers
REIT - Mortgage — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
ORC
this stock
Orchid Island Capital, Inc.
|
$1.14B | -29.0% | — | 4.7 | 8.1% |
|
NLY
Annaly Capital Management Inc
|
$15.53B | -17.3% | — | 5.6 | 2.4% |
|
AGNC
AGNC Investment Corp.
|
$11.30B | -18.0% | — | 5.4 | 9.2% |
|
STWD
Starwood Property Trust, Inc.
|
$5.32B | -27.5% | -5.3% | — | 5.2% |
|
RITM
Rithm Capital Corp.
|
$5.10B | -20.1% | -6.7% | 15.2 | 5.2% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| ORC | -10.5% | -21.6% | -28.9% | -5.9% | -29.0% |
| SPY | -0.2% | -0.5% | +12.2% | +0.9% | +12.9% |
| vs SPY | -10.3% | -21.2% | -41.1% | -6.8% | -41.9% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.