Equity Overview
Price & Market Data
Price: $7.57
Daily Change: +$0.0828 / 1.09%
Daily Range: $7.46 - $7.60
Market Cap: $1,389,762,176
Daily Volume: 5,074,492
Performance Metrics
1 Week: 0.53%
1 Month: -7.11%
3 Months: 4.99%
6 Months: 6.76%
1 Year: -14.54%
YTD: 5.28%
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 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.