Orchid Island Capital, Inc. (NYSE:ORC) is scheduled to be issuing its quarterly earnings data after the market closes on Monday, October 30th. Analysts expect the company to announce earnings of $0.43 per share for the quarter.

Orchid Island Capital (NYSE:ORC) last posted its quarterly earnings results on Monday, July 31st. The real estate investment trust reported ($0.26) EPS for the quarter, missing the Zacks’ consensus estimate of $0.42 by ($0.68). On average, analysts expect Orchid Island Capital to post $0.78 EPS for the current fiscal year and $1.55 EPS for the next fiscal year.

Orchid Island Capital, Inc. (NYSE:ORC) opened at 10.29 on Monday. The stock has a 50 day moving average price of $10.12 and a 200-day moving average price of $10.10. The company’s market capitalization is $466.17 million. Orchid Island Capital, Inc. has a 12-month low of $9.18 and a 12-month high of $12.60.

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 10th. Stockholders of record on Tuesday, October 31st will be paid a $0.14 dividend. The ex-dividend date is Monday, October 30th. This represents a $1.68 annualized dividend and a dividend yield of 16.33%. Orchid Island Capital’s dividend payout ratio (DPR) is -2,799.53%.

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Several equities research analysts have recently commented on ORC shares. BidaskClub upgraded Orchid Island Capital from a “hold” rating to a “buy” rating in a research note on Tuesday, August 22nd. TheStreet lowered Orchid Island Capital from a “c” rating to a “d” rating in a research note on Monday, July 31st.

About Orchid Island Capital

Orchid Island Capital, Inc is a specialty finance company that invests in residential mortgage-backed securities (RMBS). The Company’s business objective is to provide attractive risk-adjusted total returns to its investors over the long term through a combination of capital appreciation and the payment of regular monthly distributions.

Earnings History for Orchid Island Capital (NYSE:ORC)

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