Orchid Island Capital Inc (NYSE: ORC) is -7.47% lower on its value in year-to-date trading and has touched a low of $7.41 and a high of $9.08 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ORC stock was last observed hovering at around $7.93 in the last trading session, with the day’s loss setting it -0.13%.
Currently trading at $7.80, the stock is -1.47% and -0.78% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.34 million and changing -1.64% at the moment leaves the stock -5.43% off its SMA200. ORC registered -9.51% loss for a year compared to 6-month loss of -7.25%. The firm has a 50-day simple moving average (SMA 50) of $7.8612 and a 200-day simple moving average (SMA200) of $8.2523.
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The stock witnessed a -0.89% gain in the last 1 month and extending the period to 3 months gives it a -3.82%, and is -3.47% 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 2.63% over the week and 1.71% over the month.
Current P/E ratio is 7.40 and Fwd P/E is 31.52. Profit margin for the company is 30.07%. Distance from 52-week low is 5.26% and -14.10% from its 52-week high. The company has generated returns on investments over the last 12 months (9.03%).
with sales reaching $4.24M over the same period.The EPS is expected to grow by 102.02% this year, but quarterly earnings will post 100.82% year-over-year. Quarterly sales are estimated to grow 252.06% in year-over-year returns.
Orchid Island Capital Inc (ORC) Top Institutional Holders
158.0 institutions hold shares in Orchid Island Capital Inc (ORC), with institutional investors hold 31.89% of the company’s shares. The shares outstanding are 78.41M, and float is at 78.20M with Short Float at 9.06%. Institutions hold 31.81% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 5.43 million shares valued at $45.3 million. The investor’s holdings represent 9.4032% of the ORC Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 2.96 million shares valued at $24.64 million to account for 5.1157 of the shares outstanding. The other top investors are GEODE CAPITAL MANAGEMENT, LLC which holds 1.23 million shares representing 2.1266% and valued at over $10.25 million, while TWO SIGMA INVESTMENTS, LP holds 1.943 of the shares totaling 1.12 million with a market value of $9.36 million.
Orchid Island Capital Inc (ORC) Insider Activity
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