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Orchid Island Capital Inc

Orchid Island Capital Inc (ORC)

7.93
0.09
(1.15%)
Closed December 20 4:00PM
7.96
0.03
( 0.38% )
Pre Market: 7:54AM

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ORC News

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ORC Discussion

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Sierra20 Sierra20 4 months ago
Scam
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ErnieBilco ErnieBilco 8 months ago
dividend of $0.12 per share will be paid May 30, 2024 to holders of record of the Companyโ€™s common stock on April 30, 2024, with an ex-dividend date of April 29, 2024. The Company plans on announcing its next common stock dividend on May 8, 2024.
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TMaga TMaga 9 months ago
You have a valid point. Do you think this is near bottom??
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AlwaysRed AlwaysRed 1 year ago
It's not junk if you are shorting.....
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bar1080 bar1080 1 year ago
From $60 to $6 and still dropping
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bar1080 bar1080 1 year ago
Pure junk. Look at THIS...

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Scotttrader80 Scotttrader80 1 year ago
Conclusion
Insider buying is often a positive signal for potential investors as it shows that those with the most insight into a company's operations are willing to invest their own money in it. The recent purchase by Robert Cauley, CEO of Orchid Island Capital Inc, is a strong indicator of confidence in the company's future prospects. Investors should keep a close eye on the company's performance in the coming months.
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bobroo bobroo 1 year ago
If these were open market purchases, a very strong signal indeed!
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JMCK6193 JMCK6193 1 year ago
That's encouraging
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Scotttrader80 Scotttrader80 1 year ago
CEO Robert Cauley Buys 30,000 Shares of Orchid Island Capital Inc

https://finance.yahoo.com/news/ceo-robert-cauley-buys-30-110105522.html
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JMCK6193 JMCK6193 1 year ago
More likely the dividends will be cut next month.
I sure hope not.
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bobroo bobroo 1 year ago
Why does this scam keep paying me 16 cents per share/per month???

Thank you Robert Cauley and team!
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bobbyknobb bobbyknobb 1 year ago
ORC is a scam=Too many issues here to list them all. 1. Orc has at least 4 reits all run out of a house in florida. 2. all have 1 phone #. 3. They are all managed by BMNI. 4. Orc PAYS over $1 Million per month to BMNI for said fees. 5. BMNI is a PINK!!!. was de-listed. 6. BMNI is managed by the same persons running Orc and being PAID by Orc also. so more pay for same job. PONZI scammers.
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bobbyknobb bobbyknobb 1 year ago
PONZI here. 1 for 5 rev. sp. $17.80. Now $9. Selling massive amounts. again. to pay BMNI over $1 million per month for mgmnt. paid to insiders at Orc who are same peole who are paid again to manage this declining asset. Designed PONZI scam.
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leftovers leftovers 2 years ago
Orchid Island Capital (NYSE:ORC) declares $0.16/share monthly dividend, in line with previous.

Forward yield 17.47%

Payable May 26; for shareholders of record April 28; ex-div April 27.
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leftovers leftovers 2 years ago
Orchid Island Capital (NYSE:ORC) declares $0.16/share monthly dividend, in line with previous.

Forward yield 16.3%

Payable Feb. 24; for shareholders of record Jan. 31; ex-div Jan. 30.
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bar1080 bar1080 2 years ago
You gonna thank ORC management for the dismal -53% return on the shares so far in 2022?
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bobroo bobroo 2 years ago
I would like to publicly thank Robert Cauley and team for this years dividends.

Say what you will about their leveraged position or even this years divy cut; the fact remains that ORC pays as promised. That money arrives in our accounts like clockwork. Which....Hey! does anyone know of a unique one handed clock that makes one revolution every 30 days? 'Cause I want to buy one and put it on the wall of my office.



Thanks again for a great year!
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bar1080 bar1080 2 years ago
ORC's longterm chart reveals the problem with showy dividends.
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leftovers leftovers 2 years ago
No arguments here!

but, but, but ORC pays a nice 18% divvy --- LOL

Since October 1, 2022, Dow is up 19%. S&P Div Aristocrats are up 18%.
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bar1080 bar1080 2 years ago
Sensible div payers still outperform as they have all year. Since October 1, 2022, Dow is up 19%. S&P Div Aristocrats are up 18%. Microcaps and faddish tech still lag. This market loves no-gimmick div payers. It hates stocks like ORC with tons of debt.
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leftovers leftovers 2 years ago
here you go ! You going buy ?

Orchid Island Capital (NYSE:ORC) declares $0.16/share monthly dividend, in line with previous.

Forward yield 18.01%

Payable Jan. 27; for shareholders of record Dec. 30; ex-div Dec. 29.
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Scotttrader80 Scotttrader80 2 years ago
Orchid Island Capital, Inc. (the โ€œCompanyโ€) (NYSE: ORC) announced today that the Board of Directors of the Company declared a monthly cash dividend for the month of November 2022. The dividend of $0.16 per share will be paid December 28, 2022 to holders of record of the Companyโ€™s common stock on November 30, 2022, with an ex-dividend date of November 29, 2022.
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leftovers leftovers 2 years ago
Orchid Island Capital (NYSE:ORC) Q3 results were hurt by declining net interest income and losses on its residential mortgage-backed securities and derivatives contracts during the quarter, the company said Thursday. The Federal Reserve aggressively raised rates, which led to widening spreads between agency RMBS securities relative to comparable duration U.S. Treasurys or swaps.
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Scotttrader80 Scotttrader80 2 years ago
Im not concerned
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bar1080 bar1080 2 years ago
ORC performance updated as of right now:
Perf Year -63.15%
Perf YTD -58.89%
Perf Month -27.05%
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leftovers leftovers 2 years ago
ORC: Orchid Island Capital: Bankruptcy Appears Likely As Rate-Shock Worsens
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Scotttrader80 Scotttrader80 2 years ago
ROFLMAO, Im waiting for a bottom to trade this like I always have, Too F'n funny
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leftovers leftovers 2 years ago
now 8.24 O.U.C.H.
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Scotttrader80 Scotttrader80 2 years ago
ROFLMAO, nor are those aristocrats picks, they're bleeding like stuffed pigs
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leftovers leftovers 2 years ago
Not looking Good ---- ORC
Orchid Island Capital Inc

9.115

-1.105 (-10.81%)
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JMCK6193 JMCK6193 2 years ago
What a POS!!!!
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bar1080 bar1080 2 years ago
ORC Over Various Slices of Time: Yikes



Performance:
Week: -7.6%
Month:: -20.0%
Quarter: -15.7%
Half: Year: -27.7
Year -54%
Performance YTD: -48.8
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Scotttrader80 Scotttrader80 2 years ago
All I know is ALL of my aristocrats have "tumbled"

find us some divy payers raising divies
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bar1080 bar1080 2 years ago
ORC is a leveraged gimmicky mREIT. Risks abound. Isn't that clear.

Read the article below
https://seekingalpha.com/article/4536795-orchid-island-capital-risks-grow-as-fed-considers-mbs-sales
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bobbyknobb bobbyknobb 2 years ago
NOT the best in 2022 you mean. Or show facts cuz data sez dif.
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bobbyknobb bobbyknobb 2 years ago
I have and do. So Palm Harbor Capital a foreign Llc and Palm Harbor Capital, and ORC and I don't know how many total but all these Corporate Offices are at 3305 Flamingo Drive Vero Beach. Fl. Add to that exact same phone #. Lady answering, insiders all sell to each other pay each other, advise each other for fees, each get massive millions for cutting the commons out by 80% shrinking the biz 50% in 1 year. While doubling the admin. and selling costs. LOL What a SCAM. Short this to PINK where Bimini already is. The advisor to ORC=LOL=PONZI!
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Scotttrader80 Scotttrader80 2 years ago
And you can swing ORC for much MORE than the dividend, religiously
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bobbyknobb bobbyknobb 2 years ago
So 1 more thought Bimini capital management inc.=LOL
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bobbyknobb bobbyknobb 2 years ago
That be the meat and potatoes of it.
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Porterhouse10 Porterhouse10 2 years ago
This POS still trades? Lol, an RS shows just how fundamentally Flawed this garbage is, say bye bye to Principle, but hey you can get a dividend!
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bar1080 bar1080 2 years ago
Down 29%! Pretty dreadful. Even in this weak market most of my blue chips are still raising their payouts.

As I like to say, "Often the best dividend stock isn't a dividend stock."
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leftovers leftovers 2 years ago
seems to me that was the reason for the split! already the first day it is in the 12's..

Reverse stock splits are often seen as negative by Wall Street and are sometimes a desperate move by a troubled company trying to avoid a delisting or simply to pump up its image. With this reverse split, Orchid announced a monthly dividend of $0.16 per share. When adjusted for the split, that equates to a nearly 29% reduction which might not be the end of the company's dividend cuts this year.
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Scotttrader80 Scotttrader80 2 years ago
ROFLMAO ORC already announced their divy cut, apparently the author isnt on his game
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bar1080 bar1080 2 years ago
"Dividend Cuts Could Be Right Around The Corner For These 3 REITs"

"Orchid Island Capital Corp. (NYSE: ORC) is a finance company that acquires, invests in and offers financing from U.S. residential mortgage-backed securities (MBS). The Florida mortgage real estate investment trust (REIT) initiated an IPO in March 2013 at a price of $14.50. Its monthly dividend of $0.135 returned an approximate annual yield of 11%.

However, in the last few years, the stock price has floundered, and ORC has reduced its dividend payment several times. Orchidโ€™s price had recently been below $3, with a dividend of $0.045 per month or an annual dividend yield of over 18%. The last three quarters have seen negative earnings per share (EPS) and revenue. Clearly, things have not been going well.

But there was breaking news on the company this week โ€” Orchid announced a 1:5 reverse stock split, so the stock opened this morning at $13.60."

https://finance.yahoo.com/news/dividend-cuts-could-around-corner-161039022.html
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Scotttrader80 Scotttrader80 2 years ago
5-1 RS takes hold at 5;30 today, gotta wait for the dust to settle to find the swing parameters
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bar1080 bar1080 2 years ago
Thanks for spotting that. Highly leveraged crap. Investors should definitely read the SA article linked to below.
https://seekingalpha.com/article/4536795-orchid-island-capital-risks-grow-as-fed-considers-mbs-sales
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leftovers leftovers 2 years ago
Wow this doesn't look good ? Orchid Island Capital: Insolvency Risks Grow As Fed Considers MBS Sales

The Federal Reserve's massive ~$2.8T MBS portfolio has not declined at the anticipated pace, meaning the Fed may soon look to sell MBS securities outright.
Orchid Island Capital has significant negative exposure to interest rates, with its sensitivity analysis suggesting a 2% rise in interest rates would cause its book value to fall ~68%.

Orchid Island's business model may be unsustainable as both lower and higher interest rates usually harm its book value, leading to chronic book value losses over the past decade.

If mortgage rates spike higher as the Federal Reserve pursues MBS sales, Orchid Island may face insolvency later this year.
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Scotttrader80 Scotttrader80 2 years ago
This company is Orchid Island Capital, NOT the company you've listed.

so OOPS! on your part

citing the wrong company is laughable
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F150EcoBeast F150EcoBeast 2 years ago
Holy COW. that's some serious losses right there.
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