The earnings call presented a mixed outlook. While there were some positive aspects such as an increase in average MBS and decreased leverage ratio, significant challenges like a decrease in book value and earnings per share led to a negative total return for the quarter. The market was also impacted by external factors such as reciprocal tariffs, adding to the complexity of the situation.

Company Guidance -

Q3 2025

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

Increase in Average MBS

Average MBS during the quarter was $6.9 billion, compared to just under $6 billion in Q1.

Leverage Ratio Decrease

Leverage ratio decreased from 7.8 at 3/31 to 7.3 at 6/30.

Increased Liquidity

Liquidity increased to 54% from 52% as of 6/30.

Strategic Portfolio Repositioning

Shift towards higher coupon specified pools, with weighted average coupon increasing to 5.45% and economic interest spread at 243 basis points.

Stable Repo Funding

Blended repo rate stable at 4.48% with a slight decrease in average maturity to 35 days.

Potentially Attractive MBS Investment Environment

Current coupon spreads over swaps at historically wide levels, presenting compelling total return potential.

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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