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Orchid Island Capital (ORC)
NYSE:ORC
Earnings Data
Report Date
Apr 24, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.11Last Year’s EPS
-0.12Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Jan 30, 2025
|% Change Since: 12.14%
|Next Earnings Date:Apr 24, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed sentiment. While there are positive aspects such as a positive net interest income and a stable book value, challenges like decreased net income per share and a decline in book value over the year suggest some financial hurdles.Company Guidance
In the fourth quarter of fiscal year 2024, Orchid Island Capital reported a net income of $0.07 per share, a decrease from the $0.24 per share seen in the previous quarter. The company's book value fell from $8.40 at the end of Q3 to $8.09 as of December 31, 2024. The total return for the quarter was 0.6% unannualized, inclusive of a $0.36 dividend declared during the period. The company held $5.3 billion in MBS assets, with a leverage ratio of 7.3x equity. Prepayment speeds rose to 10.5 CPR from 8.8 CPR in Q3, and liquidity was approximately 53% of equity by year-end. For the full year, Orchid Island Capital reported income of $0.57 per share compared to a loss of $0.89 per share in 2023, with a total return of 4.73% and a dividend of $1.44, 96% of which was paid from taxable income.Positive Net Interest Income
The company reported positive net interest income, indicating a positive net interest spread, which is beneficial for income generation.
Significant Dividend Payout
For the year, 96% of the $1.44 dividend was paid out of taxable income, suggesting strong earnings coverage of dividends.
Constructive Market Outlook
The company expressed a positive outlook for the market, highlighting attractive investment environments, positive dollar rolls, and low volatility.
Stable Book Value
The book value remained unchanged at $8.09 as of the most recent update, indicating stability in asset valuation.
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ORC Earnings History
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
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ORC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 30, 2025 | $7.91 | $8.35 | +5.56% |
| Oct 24, 2024 | $7.41 | $7.44 | +0.40% |
| Jul 25, 2024 | $7.44 | $7.42 | -0.27% |
| Apr 25, 2024 | $7.24 | $7.52 | +3.87% |
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.
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FAQ
When does Orchid Island Capital (ORC) report earnings?
Orchid Island Capital (ORC) is schdueled to report earning on Apr 24, 2025, TBA Not Confirmed.
What is Orchid Island Capital (ORC) earnings time?
Orchid Island Capital (ORC) earnings time is at Apr 24, 2025, TBA Not 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 (Q1) is 0.11.
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