At the time of writing, Orchid Island Capital Inc [ORC] stock is trading at $8.73, up 0.69%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ORC shares have gain 3.68% over the last week, with a monthly amount glided 5.95%, and seem to be holding up well over a long-time horizon.
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On 14, February 2024, Orchid Island Capital Announces February 2024 Monthly Dividend and January 31, 2024 RMBS Portfolio Characteristics. In a post published today on Yahoo Finance, February 2024 Monthly Dividend of $0.12 Per Share of Common Stock.
From an analyst’s perspective:
Orchid Island Capital Inc [NYSE: ORC] stock has seen the most recent analyst activity on August 08, 2022, when Ladenburg Thalmann downgraded its rating to a Neutral. On October 30, 2020, upgrade upgraded it’s rating to Buy. Maxim Group downgraded its rating to a Hold. Maxim Group reiterated its recommendation of a Buy and reduced its price target to $11.50 on July 13, 2015. Maxim Group reiterated a Buy rating for this stock on September 03, 2014, and upped its price target to $14.50.
For the past year, the stock price of Orchid Island Capital Inc fluctuated between $5.90 and $11.27. Orchid Island Capital Inc [NYSE: ORC] shares were valued at $8.73 at the most recent close of the market.
Analyzing the ORC fundamentals
According to Orchid Island Capital Inc [NYSE:ORC], the company’s sales were 154.93M for trailing twelve months, which represents an -12.88% plunge. Gross Profit Margin for this corporation currently stands at 0.9% with Operating Profit Margin at 0.26%, Pretax Profit Margin comes in at -0.14%, and Net Profit Margin reading is -0.16%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.08 and Total Capital is 0.12. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of7.89.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 8.64 points at the first support level, and at 8.55 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.78, and for the 2nd resistance point, it is at 8.82.
Orchid Island Capital Inc [ORC] reported earnings per share of $1.16 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.25/share, meaning a difference of $1.41 and a surprise factor of 564.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were -$0.28 per share as compared to estimates of -$0.22 per share, a difference of -$0.06 representing a surprise of -27.30%.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 2.89, the price to book ratio is 0.96.
Transactions by insiders
Recent insider trading involved Haas G Hunter IV, Chief Financial Officer, that happened on Dec 20 ’23 when 2194.0 shares were purchased. Chief Financial Officer, Haas G Hunter IV completed a deal on Dec 20 ’23 to sell 2194.0 shares. Meanwhile, Chief Executive Officer Cauley Robert E bought 15000.0 shares on Oct 13 ’23.
