Orchid Island Capital Inc (NYSE: ORC) is -1.54% lower on its value in year-to-date trading and has touched a low of $7.41 and a high of $9.01 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 $7.95 in the last trading session, with the day’s loss setting it -0.29%.
Currently trading at $7.66, the stock is -6.86% and -7.79% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.01 million and changing -3.65% at the moment leaves the stock -5.78% off its SMA200. ORC registered -12.66% loss for a year compared to 6-month gain of -4.84%. The firm has a 50-day simple moving average (SMA 50) of $8.3074 and a 200-day simple moving average (SMA200) of $8.12955.
The stock witnessed a -12.26% loss in the last 1 month and extending the period to 3 months gives it a -2.67%, and is -6.70% 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 2.57% over the week and 2.24% over the month.
Current P/E ratio is 12.64 and Fwd P/E is 12.77. Profit margin for the company is 15.89%. Distance from 52-week low is 3.37% and -14.94% from its 52-week high. The company has generated returns on investments over the last 12 months (5.63%).
with sales reaching $11.96M over the same period.The EPS is expected to grow by 320.37% this year, but quarterly earnings will post 1,159.65% year-over-year. Quarterly sales are estimated to grow 580.12% in year-over-year returns.
Orchid Island Capital Inc (ORC) Top Institutional Holders
160.0 institutions hold shares in Orchid Island Capital Inc (ORC), with institutional investors hold 26.87% of the company’s shares. The shares outstanding are 93.29M, and float is at 93.08M with Short Float at 4.74%. Institutions hold 26.82% 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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