ORC
Company Description
Orchid Island Capital, Inc., a specialty finance company, invests in residential mortgage-backed securities (RMBS) in the United States. The company’s RMBS is backed by single-family residential mortgage loans, referred to as Agency RMBS. Its portfolio comprises traditional pass-through Agency RMBS, such as mortgage pass through certificates and collateralized mortgage obligations; and structured Agency RMBS, including interest only securities, inverse interest only securities, and principal only securities. The company has elected to be taxed as a real estate investment trust (REIT) for the United States federal income tax purposes. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to stockholders, if it annually distributes dividends equal to at least 90% of its REIT taxable income to its shareholders. Orchid Island Capital, Inc. was incorporated in 2010 and is headquartered in Vero Beach, Florida.
Track Record
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 179.51M | 54.41M | (20.70M) | (241.00M) | (49.89M) | 12.67M | 34.65M | 124.29M | 138.17M | 90.21M | 67.40M | 34.59M |
| Net Income | 159.03M | 37.66M | (39.23M) | (258.45M) | (64.76M) | 2.13M | 24.27M | (44.39M) | 2.01M | 1.98M | 1.07M | 24.52M |
| EPS | 1.24 | 0.58 | -0.88 | -6.90 | -2.67 | 0.16 | 2.15 | -4.25 | 0.25 | 0.40 | 0.25 | 12.40 |
| Free Cash Flow | 120.45M | 66.99M | 8.00M | 289.37M | 96.44M | 55.37M | 48.16M | 94.00M | 85.01M | 47.05M | 30.70M | 11.65M |
| FCF / Share | 0.94 | 1.02 | 0.18 | 7.72 | 3.98 | 4.12 | 4.28 | 9.00 | 10.35 | 9.76 | 7.58 | 5.89 |
| Operating CF | 120.45M | 66.99M | 8.00M | 289.37M | 96.44M | 55.37M | 48.16M | 94.00M | 85.01M | 47.05M | 30.70M | 11.65M |
| Total Assets | 11.68B | 5.72B | 4.26B | 3.87B | 7.07B | 4.06B | 3.88B | 3.40B | 4.02B | 3.14B | 2.24B | 1.66B |
| Total Debt | 10.24B | 0 | 0 | 0 | 0 | 3.60B | 3.47B | 2.99M | 216,000 | 218,000 | 187.50M | 1.44B |
| Cash & Equiv | 724.56M | 309.33M | 171.89M | 205.65M | 385.14M | 299.51M | 193.77M | 108.28M | 214.36M | 73.47M | 57.23M | 93.14M |
| Book Value | 1.37B | 668.50M | 469.94M | 438.76M | 768.10M | 415.29M | 395.51M | 336.08M | 462.21M | 332.78M | 253.25M | 218.08M |
| Return on Equity | 0.12 | 0.06 | -0.08 | -0.59 | -0.08 | 0.01 | 0.06 | -0.13 | 0.00 | 0.01 | 0.00 | 0.11 |
| Metric | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 157.88M | 132.19M | 77.52M | (28.58M) | 21.35M | 9.90M | 21.59M | (599,000) | 23.51M | 31.19M | (75.49M) | 15.07M |
| Net Income | (19.95M) | 103.41M | 72.08M | (33.58M) | 17.12M | 5.54M | 17.32M | (4.98M) | 19.78M | 27.13M | (80.13M) | 10.25M |
| EPS | -0.11 | 0.62 | 0.53 | -0.29 | 0.18 | 0.07 | 0.24 | -0.09 | 0.38 | 0.52 | -1.68 | 0.25 |
| Free Cash Flow | 48.62M | 48.26M | 27.97M | 18.44M | 25.78M | 17.51M | (14.82M) | 19.29M | 45.01M | (40.82M) | 35.49M | 15.96M |
| FCF / Share | 0.26 | 0.29 | 0.21 | 0.16 | 0.27 | 0.22 | -0.20 | 0.33 | 0.87 | -0.78 | 0.74 | 0.40 |
| Operating CF | 48.62M | 48.26M | 27.97M | 18.44M | 25.78M | 17.51M | (14.82M) | 19.29M | 45.01M | (40.82M) | 35.49M | 15.96M |
| Total Assets | 12.67B | 11.68B | 9.14B | 7.61B | 7.30B | 5.72B | 5.92B | 4.93B | 4.21B | 4.26B | 4.94B | 4.73B |
| Total Debt | 11.22B | 10.24B | 8.01B | 0 | 0 | 0 | 0 | 0 | 0 | 3.71B | 4.43B | 4.20B |
| Cash & Equiv | 760.13M | 724.56M | 583.89M | 440.76M | 396.39M | 309.33M | 322.11M | 241.04M | 190.37M | 200.29M | 278.22M | 249.34M |
| Book Value | 1.39B | 1.37B | 1.09B | 911.96M | 855.88M | 668.50M | 656.02M | 555.93M | 481.63M | 469.94M | 466.84M | 490.08M |
| Return on Equity | -0.01 | 0.08 | 0.07 | -0.04 | 0.02 | 0.01 | 0.03 | -0.01 | 0.04 | 0.06 | -0.17 | 0.02 |