Equity Details
Price & Market Data
Price: $6.98
Daily Change: -$0.0399 / 0.57%
Daily Range: $6.95 - $7.04
Market Cap: $1,396,873,600
Daily Volume: 3,781,718
Performance Metrics
1 Week: 0.43%
1 Month: -3.20%
3 Months: -6.95%
6 Months: -5.95%
1 Year: -3.60%
YTD: -3.33%
About Orchid Island Capital, Inc. (ORC)
Comprehensive analysis of Orchid Island Capital, Inc. (ORC). Currently at 6.98, with a daily change of -$0.0399 / 0.57%. Market cap: 1,396,873,600. Evaluate its performance over YTD, 1-month, and 6-month periods.
Details
Orchid Island Capital, Inc., a specialty finance company, invests in residential mortgage-backed securities (RMBS) in the United States. The company's RMBS is backed by single-family residential mortgage loans, referred to as Agency RMBS. Its portfolio comprises traditional pass-through Agency RMBS, such as mortgage pass through certificates and collateralized mortgage obligations; and structured Agency RMBS, including interest only securities, inverse interest only securities, and principal only securities. The company has elected to be taxed as a real estate investment trust (REIT) for the United States federal income tax purposes. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to stockholders, if it annually distributes dividends equal to at least 90% of its REIT taxable income to its shareholders. Orchid Island Capital, Inc. was incorporated in 2010 and is headquartered in Vero Beach, Florida.