ORCHID ISLAND CAPITAL INC (ORC)
Financials · Mortgage REIT · NYSE
Orchid Island Capital is a mortgage REIT that invests in residential mortgage-backed securities, using significant leverage and hedging strategies to manage interest rate exposure.
What ORCHID ISLAND CAPITAL INC does
Orchid Island Capital, Inc. is a specialty finance company that invests in residential mortgage-backed securities (RMBS). The company's portfolio primarily consists of agency RMBS, which are guaranteed by U.S. government-sponsored enterprises. Orchid Island operates as a REIT, funding its investments through repurchase agreements and hedging interest rate risk using derivative instruments.
Themes: mortgage REIT, fixed income investing, interest rate hedging, mortgage-backed securities (MBS)
Fundamentals
- Price$6.70 as of 2026-08-21 close
- Market cap$1.3B as of 2026-08-21
- 1-year return-5.0% 2025-08-21 close $7.05 → 2026-08-21 close $6.70
- P/E5.41 as of 2026-08-24
- Net margin+37.6% as of 2026-08-24
- Gross margin+39.2% as of 2026-08-24
- ROE+18.5% as of 2026-08-24
- Debt / equity7.69 as of 2026-08-24
- Revenue growth (YoY)+127.5% as of 2026-08-24
- Beta1.60 as of 2026-08-24
- Last reported earnings2026-07-23 SEC EDGAR Form 8-K (Item 2.02)
Dividend: yield +19.5%; 2-year non-decreasing per-share dividend streak (SEC XBRL).
How ORC compares in its sector
- price-to-earnings ratiobottom 10% 525 covered Financials peers, as of 2026-08-24
- net profit margintop 10% 538 covered Financials peers, as of 2026-08-24
- operating marginmiddle range 534 covered Financials peers, as of 2026-08-24
- gross marginbottom 25% 176 covered Financials peers, as of 2026-08-24
- return on equitytop 25% 575 covered Financials peers, as of 2026-08-24
- indicated dividend yieldtop 10% 453 covered Financials peers, as of 2026-08-24
Position among covered Financials companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Dividend coverage (FY2025)
Exceeded at least one reported measure. In FY2025, ORC's dividend exceeded at least one reported measure of what it earned or generated (earnings payout 112%, operating-cash-flow payout 149%). A payout above 100% in one year is not necessarily unsustainable, but it is not fully covered by that measure.
- Earnings payout112% dividends / net income
- Operating-cash-flow payout149% dividends / operating cash flow — capital spending was not reported, so this does not subtract it
Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
How ORCHID ISLAND CAPITAL INC looks technically
ORCHID ISLAND CAPITAL INC (ORC) is trading 6.0% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed below its 200-day average about 87 trading days ago — a "death cross", a bearish long-term signal. A trend is forming but not yet strong — ADX, a 0–100 trend-strength gauge, is 21 (a reading of 25+ marks a strong trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 54, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bullish about 9 trading days ago (its momentum flipped positive). It made a new 20-day high about 3 trading days ago. It is 20.2% below its highest point of the past year.
Trend
8
| Distance from the 200-day | it is trading 6.0% below its 200-day average, the long-term trend line — a long-term downtrend | -6.0% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $6.69 | $6.69 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $7.13 | $7.13 |
| Swing structure | each recent peak has been lower than the one before it and each dip deeper — the pattern chart-watchers call a downtrend, which describes where price has already been and not where it goes next | lower highs and lower lows |
| Last swing turn | its last significant turn was a swing low 16 calendar days ago — the swings before that are what the structure reading is measured on | 16 sessions |
| Wave structure | its recent swings can be read as a completed three-part downward correction — a pullback in the A-B-C shape Elliott-wave chartists use; the labelling fails if price closes below 6.31. It is the only labelling that fits, and it describes the swings already printed, not what comes next. | possible three-wave downward correction, complete |
| Since the 50/200 cross | its 50-day average crossed below its 200-day average about 87 trading days ago — a "death cross", a bearish long-term signal | 87 sessions |
| Trend strength (14-day ADX) | a trend is forming but not yet strong — ADX, a 0–100 trend-strength gauge, is 21 (a reading of 25+ marks a strong trend) | 21.2 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 54, neither overbought (above 70) nor oversold (below 30) | 53.7 |
|---|---|---|
| Position in its 14-day range | it is trading in the upper half of its 14-day range ($6.31 to $6.81) — its "stochastic" reading is 78 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been slipping within that range over the last few sessions. | 78.0 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bullish about 9 trading days ago (its momentum flipped positive) | 9 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $8.40 | $8.40 |
|---|---|---|
| From the 52-week high | it is 20.2% below its 52-week high (its highest price of the past year) | -20.2% |
| Above the 52-week low | it is 6.2% above its 52-week low (its lowest price of the past year) | +6.2% |
| Below the 52-week high | it is 20.2% below its highest point of the past year | 20.2% |
| Since a 20-day breakout | it made a new 20-day high about 3 trading days ago | 3 sessions |
| Since a 55-day breakout | it made a new 55-day low about 14 trading days ago | 14 sessions |
| All-time high | its highest closing price on record is $77.00 (set on 2013-02-19) | $77.00 |
| Given back of the 52-week move | over the past year its closes ranged ($6.38 to $8.35), and it has recovered roughly a quarter of its fall from last year’s high — 16% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $7.60 to $7.66. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 16.2% |
| From the all-time high | it is 91.3% below its all-time high | -91.3% |
| Nearest price level | it is sitting right on a support level at $6.68 — a price it turned at five times since 2025-05-22, most recently on 2026-07-09. Since 2024-08-21 it has 1 such level below the current price and 8 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | -0.3% |
| All-time low | its lowest closing price on record is $2.70 (set on 2022-08-30) | $2.70 |
| Above the all-time low | it is 148.1% above its all-time low | +148.2% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are narrower than usual versus its own recent 6-month history (tighter than about 71% of it) | 29th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.1192 between its high and its low — about 1.8% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.1192 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $6.36 and $6.79 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $6.36 – $6.57 – $6.79 |
| Typical daily range (% of price) | its price moves about 1.8% in a typical session — among the calmest in the catalog. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 1.8% |
| Stretch from the 200-day average | it is trading 3.6 daily ranges below its 200-day average price (6.1% below it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 3.6 daily ranges below its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 0.51× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | not available for this company yet | n/a |
Candlestick patterns
2
| Since a doji | 3 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 3 sessions ago |
|---|---|---|
| Since a bullish engulfing | 8 sessions ago it opened below the previous session's close and finished above that session's open — a "bullish engulfing" pair, where one up day more than undid the down day before it | 8 sessions ago |
Price gaps
1
| Gap at the open | it opened on 2026-08-21 0.6% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | +0.6% |
|---|
Price streaks
1
| Closing streak | it has closed lower 2 sessions in a row, a -1.18% move over the run — an unbroken run of down days, which describes what has already happened and says nothing about the next session | 2 sessions down |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 3.4 percentage points (the stock lost 1.0% while the market gained 2.3%) | -3.4% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 5.0 percentage points (the stock lost 1.9% while the market gained 3.1%) | -5.0% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 22.7 percentage points (the stock lost 11.6% while the market gained 11.1%) | -22.7% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 25.4 percentage points (the stock lost 5.0% while the market gained 20.5%) | -25.4% |
Signal agreement
2
| Bullish technical signals | 2 of the 9 technical signals we can compute for it are currently in a bullish state: a fresh 20-day high, MACD momentum is positive — these describe past price behaviour, not a forecast | 2 of 9 |
|---|---|---|
| Bearish technical signals | 4 of the 9 technical signals we can compute for it are currently in a bearish state: a "death cross" — its 50-day average is below its 200-day, trading below its 200-day average, lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 4 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 1.1% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-16 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is thin, spanning 0.0% of the share price, which is taken to mean a barrier that gives way easily. | -1.1% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 6% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $7.15 — a volume-weighted average of daily closes over 158 sessions, not a true tick-by-tick VWAP. | -6.3% |
|---|---|---|
| Vs the average paid since it last reported | the price is 1% above the average price paid since it last reported on 2026-07-13 (its 8-K), so the typical buyer over that stretch is showing a gain. That average is $6.62 — a volume-weighted average of daily closes over 30 sessions, not a true tick-by-tick VWAP. | +1.1% |
Price levels it has turned at before
ORC last closed at $6.70 on 2026-08-21. Since 2024-08-21 it has turned at 1 price below its last close and 8 above; the nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $6.68 | Support | 0.3% below the last close | turned there five times · 2025-05-22 to 2026-07-09 |
| $6.91 | Resistance | 3.1% above the last close | turned there 9 times · 2025-06-23 to 2026-05-28 |
| $7.13 | Resistance | 6.5% above the last close | turned there 7 times · 2025-06-11 to 2026-06-30 |
| $7.39 | Resistance | 10.3% above the last close | turned there 11 times · 2024-11-06 to 2026-04-15 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a three-part downward correction — the A-B-C shape chartists use for a pullback — now complete.
This labelling fails — stops being a possible reading at all — if it closes below $6.31.
It is the only labelling that fits these swings, though its proportions are not the textbook ones.
This labelling was already in place when we began recording count changes on 2026-08-13, so how long it has stood is not something we can say yet.
Read from daily closes as of 2026-08-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading below the 200-day moving average · Pulled back from the 12-month high · Broke out to a new 20-day high · lagging the market · Least volatile (2% or less typical daily range) · Trading below the Ichimoku cloud | Learn: moving average · golden cross · adx · rsi · macd · breakout · fifty two week high low
Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Mean price target$7.50 range $7.50 – $7.50
Analyst estimates, as of 2026-08-23. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for ORC
- Consensus EPS estimate$0.315 next reporting period, as of 2026-08-23
Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["High sensitivity to interest rate volatility and changes in the yield curve, which impact asset valuations and financing costs.","Market risk associated with fluctuations in the fair value of its mortgage-backed securities and derivative hedging instruments.","Leverage risk due to the company's significant reliance on repurchase agreements to finance its investment portfolio."]
What changed in the latest 10-Q
AI-assisted comparison of ORC's 10-Q filed 2026-04-24 against the prior one filed 2025-10-24.
Management's Discussion & Analysis (MD&A)
- Added:
- Added to forward-looking statements list: 'artificial intelligence' as a factor affecting general economic conditions (filed 2026-04-24)
- Added to forward-looking statements list: 'wars' as a factor affecting general economic conditions (filed 2026-04-24)
- Added paragraph about October 2025 Equity Distribution Agreement entered on October 27, 2025, with details on share issuances through March 31, 2026 and subsequent activity (filed 2026-04-24)
- Removed:
- Removed paragraph describing March 2023 Equity Distribution Agreement that was terminated in June 2024 (filed 2025-10-24)
- Removed strategic allocation language: 'and strategically allocating capital between the two categories of Agency RMBS described above' (filed 2025-10-24)
- Removed entire paragraph explaining portfolio strategy: 'PT RMBS and structured Agency RMBS typically exhibit materially different sensitivities to movements in interest rates. Declines in the value of one portfolio may be offset by appreciation in the other. The percentage of capital that we allocate to our two Agency RMBS asset categories will vary and will be actively managed in an effort to maintain the level of income generated by the combined portfolios, the stability of that income stream and the stability of the value of the combined portfolios. We believe that this strategy will enhance our liquidity, earnings, book value stability and asset selection opportunities in various interest rate environments.' (filed 2025-10-24)
- Reworded:
- Changed 'traditional pass-through ("PT") Agency RMBS' to 'traditional pass-through ("PT") Agency RMBS' with 'mortgage PT certificates' changed from 'mortgage pass-through certificates' (filed 2026-04-24)
- Changed 'could offer and sell' to 'may offer and sell' for February 2025 Equity Distribution Agreement description (filed 2026-04-24)
- Changed 'We intend to achieve this objective by investing in' to 'We intend to achieve this objective by investing in the two categories' removing the strategic allocation language (filed 2026-04-24)
- Notes:
- The older filing text appears truncated at the end of the Capital Raising Activities section, cutting off mid-sentence on the February 2025 Equity Distribution Agreement paragraph; comparison of subsequent equity distribution agreement details may be incomplete due to source truncation
Risk Factors
The two filings could not be meaningfully compared for this section.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
No open-market insider purchases or sales are on record for ORC — recent Form 4 activity was compensation-related (awards, option exercises, or tax withholding), not open-market buying or selling.
View full insider trading history → View SEC Form 3/4/5 filingsOnly open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Short interest (FINRA)
ORC had 16,888,379 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
ORC had 8.46% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 3.05 days to cover at the same settlement.
- Reported short interest (shares) 16,888,379
- Short interest (% of shares outstanding) 8.46%
- Prior settlement (shares) 13,458,946
- Reported change 25.48%
- Days to cover (reported) 3.05
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Annaly Capital Management (NLY)
- AGNC Investment Corp. (AGNC)
- Chimera Investment Corporation (CIM)
- Two Harbors Investment Corp. (TWO)
- PennyMac Mortgage Investment Trust (PMT)
- Starwood Property Trust (STWD)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does ORCHID ISLAND CAPITAL INC (ORC) do?
Orchid Island Capital, Inc. is a specialty finance company that invests in residential mortgage-backed securities (RMBS). The company's portfolio primarily consists of agency RMBS, which are guaranteed by U.S. government-sponsored enterprises. Orchid Island operates as a REIT, funding its investments through repurchase agreements and hedging interest rate risk using derivative instruments.
What sector is ORCHID ISLAND CAPITAL INC (ORC) in?
ORCHID ISLAND CAPITAL INC (ORC) is classified in the Financials sector. Its industry is Mortgage REIT. It trades on NYSE.
Does ORC pay a dividend?
Yes — ORCHID ISLAND CAPITAL INC (ORC) pays a dividend, with an indicated yield of about 19.49% and 2-year non-decreasing per-share dividend streak (SEC EDGAR XBRL) (market data, as of 2026-08-24). Informational only — not financial advice.
Who are ORCHID ISLAND CAPITAL INC's (ORC) competitors?
Notable peers of ORCHID ISLAND CAPITAL INC (ORC) include Annaly Capital Management, AGNC Investment Corp., Chimera Investment Corporation, Two Harbors Investment Corp. and PennyMac Mortgage Investment Trust. This peer set is informational only — not financial advice.
Is ORCHID ISLAND CAPITAL INC (ORC) overbought or oversold right now?
ORCHID ISLAND CAPITAL INC (ORC) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 54, in the neutral middle (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on ORC come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.