News coverage about Orchid Island Capital (NYSE:ORC) has trended somewhat positive this week, according to Accern. Accern scores the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Orchid Island Capital earned a daily sentiment score of 0.18 on Accern’s scale. Accern also gave news articles about the real estate investment trust an impact score of 47.1000213161656 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the media stories that may have effected Accern Sentiment’s analysis:
Several brokerages have weighed in on ORC. Zacks Investment Research lowered Orchid Island Capital from a “hold” rating to a “strong sell” rating in a report on Wednesday, February 14th. ValuEngine lowered Orchid Island Capital from a “buy” rating to a “hold” rating in a report on Thursday, March 1st.
Shares of NYSE ORC opened at $7.38 on Tuesday. Orchid Island Capital has a 1-year low of $6.77 and a 1-year high of $10.47. The firm has a market cap of $384.94 million, a price-to-earnings ratio of 8.79 and a beta of 0.36.
Orchid Island Capital (NYSE:ORC) last announced its quarterly earnings data on Friday, April 27th. The real estate investment trust reported ($0.31) earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.66). equities research analysts predict that Orchid Island Capital will post 1.49 EPS for the current year.
The company also recently disclosed a monthly dividend, which was paid on Friday, June 8th. Shareholders of record on Thursday, May 31st were issued a dividend of $0.09 per share. This represents a $1.08 annualized dividend and a yield of 14.63%. The ex-dividend date of this dividend was Wednesday, May 30th. Orchid Island Capital’s dividend payout ratio (DPR) is 128.57%.
About Orchid Island Capital
Orchid Island Capital, Inc, a specialty finance company, invests in residential mortgage-backed securities (RMBS) in the United States. The company's RMBS are backed primarily by single-family residential mortgage loans, referred as Agency RMBS. Its portfolio includes traditional pass-through Agency RMBS; and structured Agency RMBS, including collateralized mortgage obligations, interest only securities, inverse interest only securities, and principal only securities.
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