Orchid Island Capital Inc. (ORC) Review – Making Smarter Decisions

107 institutions hold shares in Orchid Island Capital Inc. (ORC), with 255.01k shares held by insiders accounting for 0.37% while institutional investors hold 33.55% of the company’s shares. The shares outstanding are 85.12M, and float is at 69.08M with Short Float at 7.67%. Institutions hold 33.43% of the Float.


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The top institutional shareholder in the company is Blackrock Inc. with over 7.11 million shares valued at $37.1 million. The investor’s holdings represent 8.35% of the ORC Shares outstanding. As of Dec 30, 2020, the second largest holder is Vanguard Group, Inc. (The) with 3.54 million shares valued at $18.48 million to account for 4.16% of the shares outstanding. The other top investors are Invesco Ltd. which holds 2.33 million shares representing 2.74% and valued at over $12.17 million, while Two Sigma Investments, LP holds 1.70% of the shares totaling 1.44 million with a market value of $7.54 million.

Orchid Island Capital Inc. (NYSE: ORC) is 9.77% higher on its value in year-to-date trading and has touched a low of $1.53 and a high of $6.67 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ORC stock was last observed hovering at around $5.75 in the last trading session, with the day’s loss setting it -0.02% off its average median price target of $5.50 for the next 12 months. It is also -4.18% off the consensus price target high of $5.50 offered by 1 analysts, but current levels are -4.18% lower than the price target low of $5.50 for the same period.

Currently trading at $5.73, the stock is 4.16% and 6.27% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.48 million and changing -0.35% at the moment leaves the stock 13.72% off its SMA200. ORC registered -11.85% loss for a year compared to 6-month gain of 12.57%. The firm has a 50-day simple moving average (SMA 50) of $5.43 and a 200-day simple moving average (SMA200) of $5.28.

The stock witnessed a 6.70% loss in the last 1 month and extending the period to 3 months gives it a 3.06%, and is -0.35% 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 2.84% over the week and 2.51% over the month.

Current P/E ratio is 133.26 and Fwd P/E is 5.91. Profit margin for the company is 7.40%. Distance from 52-week low is 274.51% and -14.09% 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 “Buy”. 1 analysts offering their recommendations for the stock have an average rating of 1.50, where 0 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 04/29/2021 and quarterly earnings per share for the current quarter are estimated at $0.24 with sales reaching $17.4M over the same period.The EPS is expected to grow by 150.70% this year, but quarterly earnings will post 31.30% year-over-year. Quarterly sales are estimated to shrink -0.60% in year-over-year returns.

Orchid Island Capital Inc. (ORC) Insider Activity

A total of 6 insider transactions have happened at Orchid Island Capital Inc. (ORC) in the last six months, with sales accounting for 2 and purchases happening 4 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.

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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 -53.69% down over the past 12 months. Western Asset Mortgage Capital Corporation (WMC) is -71.73% down on the 1-year trading charts. Short interest in the company’s stock has fallen -14.15% from the last report on Dec 30, 2020 to stand at a total of 6.05 million short shares sold with a short interest ratio of 2.66.

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