The earnings call presented a challenging quarter for Orchid Island Capital, marked by financial losses and increased market volatility. Despite these challenges, the company took strategic actions such as increasing its MBS portfolio, executing a successful share buyback, and maintaining stable funding. However, the increased prepayment speeds and negative total return reflect ongoing market challenges.

Company Guidance -

Q3 2025

During the second quarter of 2025, Orchid Island Capital reported a loss of $0.29 per share, a decrease from the income of $0.18 per share in the first quarter. Excluding realized and unrealized losses, the net income remained consistent at $0.16 per share. The book value per share decreased from $7.94 at the end of March to $7.21 by June 30. The total return for the quarter was negative 4.66%, compared to a positive 2.6% in Q1, and the company maintained dividends of $0.36 per share in both quarters. Average mortgage-backed securities (MBS) during the quarter increased to $6.9 billion from just under $6 billion in Q1, with a leverage ratio decrease from 7.8 to 7.3. Prepayment speeds rose to 10.1% compared to 7.8% in the previous quarter, and liquidity improved slightly to 54% from 52%.

Increased MBS Portfolio

The average MBS during the quarter was $6.9 billion compared to just under $6 billion in Q1, indicating a strategic increase in portfolio size.

Successful Share Buyback

Over 1.1 million shares were bought back early in the quarter at a substantial discount, showcasing a strategic move to strengthen financial positioning.

Strategic Portfolio Repositioning

Continued strategic shift towards higher coupon pools, increasing 5.5s, 6s, and 6.5s by $555 million, $145 million, and $86 million respectively.

Stable Repo Funding

Repo funding remained stable with a blended rate of 4.48% in the second quarter, with excess borrowing capacity available.

Strong Capital Position

Raised $140 million in new equity and deployed it into higher coupon specified pools, expanding the portfolio.

Orchid Island Capital (ORC) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

ORC Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 23, 2025	2025 (Q3)	0.21 / -	-0.05	―	―	―
Jul 24, 2025	2025 (Q2)	0.15 / -0.74	-0.09	-722.22% (-0.65)
Apr 24, 2025	2025 (Q1)	0.12 / 0.16	-0.12	233.33% (+0.28)
Jan 30, 2025	2024 (Q4)	>-0.01 / 0.05	-0.13	138.46% (+0.18)
Oct 24, 2024	2024 (Q3)	-0.07 / -0.05	-0.28	82.14% (+0.23)
Jul 25, 2024	2024 (Q2)	-0.07 / -0.09	-0.34	73.53% (+0.25)
Apr 25, 2024	2024 (Q1)	-0.09 / -0.12	-0.24	50.00% (+0.12)
Feb 01, 2024	2023 (Q4)	-0.25 / -0.13	-0.09	-44.44% (-0.04)
Oct 26, 2023	2023 (Q3)	-0.23 / -0.28	0.26	-207.69% (-0.54)
Jul 27, 2023	2023 (Q2)	-0.01 / -0.34	0.6	-156.67% (-0.94)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

ORC Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 24, 2025	$7.18	$7.28	+1.39%
Apr 24, 2025	$6.48	$6.80	+4.94%
Jan 30, 2025	$7.18	$7.57	+5.43%
Oct 24, 2024	$6.72	$6.75	+0.45%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Orchid Island Capital (ORC) report earnings?

Orchid Island Capital (ORC) is schdueled to report earning on Oct 23, 2025, After Close (Confirmed).

What is Orchid Island Capital (ORC) earnings time?

Orchid Island Capital (ORC) earnings time is at Oct 23, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is ORC EPS forecast?

ORC EPS forecast for the fiscal quarter 2025 (Q3) is 0.21.

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