Orchid Island Capital Inc (NYSE: ORC) is -12.60% lower on its value in year-to-date trading and has touched a low of $5.68 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 $6.47 in the last trading session, with the day’s gains setting it 0.33%.
Currently trading at $6.80, the stock is -1.18% and -13.24% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.21 million and changing 5.10% at the moment leaves the stock -14.86% off its SMA200. ORC registered -16.46% loss for a year compared to 6-month gain of -15.63%. The firm has a 50-day simple moving average (SMA 50) of $7.8376 and a 200-day simple moving average (SMA200) of $7.98655.
The stock witnessed a -17.17% loss in the last 1 month and extending the period to 3 months gives it a -15.21%, and is 7.94% up 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 3.54% over the week and 4.67% over the month.
Current P/E ratio is 11.22 and Fwd P/E is 11.33. Profit margin for the company is 15.89%. Distance from 52-week low is 19.61% and -24.49% 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 350.00% 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
162.0 institutions hold shares in Orchid Island Capital Inc (ORC), with institutional investors hold 26.54% of the company’s shares. The shares outstanding are 93.29M, and float is at 93.07M with Short Float at 6.68%. Institutions hold 26.49% 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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