Analysts suggest Orchid Island Capital Inc. (ORC) could spike -0.67% in a year

Orchid Island Capital Inc. (NYSE: ORC) is -25.64% lower on its value in year-to-date trading and has touched a low of $1.53 and a high of $6.94 in the current 52-week trading range. The ORC stock was last observed hovering at around $4.35 in the recent trading session, with the current gains setting it 0.18% off its average median price target of $4.50 for the next 12 months. It is also -0.67% off the consensus price target high of $4.50 offered by 2 analysts, but current levels are -0.67% lower than the price target low of $4.50 for the same period.

The 2021 Backdoor Crypto Portfolio (free)

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.


At last check, trading at $4.53, the stock is -1.09% and 4.94% above its SMA20 and SMA50 respectively. However, with a current trading volume of 0.22 million and changing 4.02% at the moment leaves the stock -10.12% off its SMA200. ORC registered -32.77% loss for a year compared to 6-month loss of -27.14%. The firm has a 50-day simple moving average (SMA 50) of $4.5250 and a 200-day simple moving average (SMA200) of $4.7082.

The stock witnessed a 1.16% gain in the last 1 month and extending the period to 3 months gives it a 20.17%, and is -4.40% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.90% over the week and 4.76% over the month.

Fwd P/E is 5.09. Distance from 52-week low is 195.75% and -34.80% from its 52-week high. The company has generated returns on investments over the last 12 months (0.60%).

Orchid Island Capital Inc. (ORC) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Orchid Island Capital Inc. (ORC) is a “Overweight”. 2 analysts offering their recommendations for the stock have an average rating of 2.50, where 1 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

Orchid Island Capital Inc. is expected to release its quarterly report on 07/23/2020 and quarterly earnings per share for the current quarter are estimated at $0.2 with sales reaching $15.71M over the same period.The EPS is expected to grow by 150.70% this year, but quarterly earnings will post 13.60% year-over-year. Quarterly sales are estimated to grow 12.00% in year-over-year returns.

Orchid Island Capital Inc. (ORC) Top Institutional Holders

112 institutions hold shares in Orchid Island Capital Inc. (ORC), with 262.3k shares held by insiders accounting for 0.40% while institutional investors hold 36.73% of the company’s shares. The shares outstanding are 66.22M, and float is at 65.97M with Short Float at 5.00%. Institutions hold 36.59% of the Float.

The top institutional shareholder in the company is Blackrock Inc. with over 5.87 million shares valued at $17.32 million. The investor’s holdings represent 8.86% of the ORC Shares outstanding. As of Mar 30, 2020, the second largest holder is Vanguard Group, Inc. (The) with 3.08 million shares valued at $9.07 million to account for 4.64% of the shares outstanding. The other top investors are Renaissance Technologies, LLC which holds 2.71 million shares representing 4.10% and valued at over $8.01 million, while Invesco Ltd. holds 3.97% of the shares totaling 2.63 million with a market value of $7.75 million.

Orchid Island Capital Inc. (ORC) Insider Activity

A total of 17 insider transactions have happened at Orchid Island Capital Inc. (ORC) in the last six months, with sales accounting for 1 and purchases happening 16 times. The most recent transaction is an insider purchase by Haas G Hunter IV, the company’s CFO, CIO and Secretary. SEC filings show that Haas G Hunter IV bought 25,000 shares of the company’s common stock on Mar 16 at a price of $3.80 per share for a total of $95027.0. Following the purchase, the insider now owns 94568.0 shares.

Orchid Island Capital Inc. disclosed in a document filed with the SEC on Mar 13 that Cauley Robert E (CEO) bought a total of 25,000 shares of the company’s common stock. The trade occurred on Mar 13 and was made at $3.85 per share for $96178.0. Following the transaction, the insider now directly holds 0.1 million shares of the ORC stock.


Orchid Island Capital Inc. (ORC): Who are the competitors?

The company’s main competitors (and peers) include Two Harbors Investment Corp. (TWO) that is trading -63.44% down over the past 12 months. Western Asset Mortgage Capital Corporation (WMC) is -78.85% down on the 1-year trading charts. Short interest in the company’s stock has risen 20.67% from the last report on May 28, 2020 to stand at a total of 3.3 million short shares sold with a short interest ratio of 3.68.

Get The Best Stocks To Trade Every Day!

Join now to get the pre-market morning brief 100% free