Orchid Island Capital Inc (NYSE:ORC) shares, rose in value, with the stock price down by -3.08% to the previous day’s close as strong demand from buyers drove the stock to $7.70.
Actively observing the price movement in the recent trading, the stock is buoying the session at $7.95, falling within a range of $7.61 and $7.9923. The value of beta (5-year monthly) is 1.908 whereas the PE ratio is 12.71 over 12-month period. Referring to stock’s 52-week performance, its high was $9.01, and the low was $7.41. On the whole, ORC has fluctuated by -11.74% over the past month.
With the market capitalization of Orchid Island Capital Inc currently standing at about $718.82 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Jan-29. The company’s Forward Dividend Ratio is 1.44, with its dividend yield at 18.69%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 66.71M, with a low estimate of 10.31M and a high estimate of 13.6M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 11.96M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ORC’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of ORC currently trading nearly -6.34% and -7.26% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 27.56, while the 7-day volatility ratio is showing 1.78% which for the 30-day chart, stands at 2.12%. Furthermore, Orchid Island Capital Inc (ORC)’s beta value is 1.65, and its average true range (ATR) is 0.18.
A comparison of Orchid Island Capital Inc (ORC) with its peers suggests the former has fared considerably weaker in the market. ORC showed an intraday change of -3.08% in today’s session so far, and over the past year, it shrunk by -12.14%%.
Data on historical trading for Orchid Island Capital Inc (NYSE:ORC) indicates that the trading volumes over the past 10 days have averaged 2.46 and over the past 3 months, they’ve averaged 2.96 million. According to company’s latest data on outstanding shares, there are 93.29 million shares outstanding.
Nearly 0.23% of Orchid Island Capital Inc’s shares belong to company insiders and institutional investors own 30.33% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 4.41 million shares as on 2025-03-14, resulting in a short ratio of 1.26. According to the data, the short interest in Orchid Island Capital Inc (ORC) stood at 447.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 3.88 million. The stock has fallen by -0.96% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ORC stock heading into the next quarter.
