Orchid Island Capital Inc (NYSE: ORC) is -20.69% lower on its value in year-to-date trading and has touched a low of $6.07 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 $6.22 in the last trading session, with the day’s loss setting it -0.05%.
Currently trading at $6.17, the stock is -20.15% and -24.39% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.95 million and changing -0.80% at the moment leaves the stock -23.61% off its SMA200. ORC registered -29.08% loss for a year compared to 6-month gain of -21.20%. The firm has a 50-day simple moving average (SMA 50) of $8.1608 and a 200-day simple moving average (SMA200) of $8.0766.
The stock witnessed a -26.20% loss in the last 1 month and extending the period to 3 months gives it a -21.70%, and is -17.29% 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 6.31% over the week and 3.23% over the month.
Current P/E ratio is 10.18 and Fwd P/E is 10.28. Profit margin for the company is 15.89%. Distance from 52-week low is 1.56% and -31.48% 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
159.0 institutions hold shares in Orchid Island Capital Inc (ORC), with institutional investors hold 26.85% of the company’s shares. The shares outstanding are 93.29M, and float is at 93.07M with Short Float at 4.74%. Institutions hold 26.79% 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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