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Orchid Island Capital, Inc.
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. Use the sections below to move between chart, technical analysis, fundamentals, and news.
1y Change
$1.19 (+20.26%)
Market Cap
$1.38B
Sector
Real Estate
Industry
REIT - Mortgage
Recommendation
none
52W Range
$5.69 to $8.40
Target Mean Price
$7.50
Beta
1.63
Trailing P/E
5.69
Forward P/E
5.36
Price / Book
0.94
Company Overview
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.