The trading price of Orchid Island Capital Inc (NYSE:ORC) floating higher at last check on current market day and closing at $7.01, 0.14% higher than its previous close.
The company’s P/E ratio in the trailing 12-month period was 17.41. In examining the 52-week price action we see that the stock hit a 52-week high of $9.01 and a 52-week low of $5.68. Over the past month, the stock has lost -4.50% in value.
Orchid Island Capital Inc, whose market valuation is $747.78 million at the time of this writing, is expected to release its quarterly earnings report in June. The dividend yield on the company stock is 20.54%, while its Forward Dividend ratio is 1.44. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0.12 per share this quarter, however they have predicted annual earnings per share of 0.53 for current year and 0.69 for next year.
Analysts have forecast the company to bring in revenue of 23.25M for the current quarter, with the likely lows of 21.92M and highs of 24.59M. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 94.16M.
On the technical side, indicators suggest ORC has a 100% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Sell, while an average of long term indicators suggests that the stock is currently 100% Sell.
Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned ORC a recommendation rating is 2. Out of them, 1 rate it a Hold, while 1 recommend Buy, whereas 0 assign an Overweight rating. 0 analyst(s) have tagged Orchid Island Capital Inc (ORC) as Underweight, while 0 advise Sell. Analysts have rated the stock Buy, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.
A quick review shows that ORC’s price is currently -1.02% off the SMA20 and -1.66% off the SMA50. The RSI metric on the 14-day chart is currently showing 46.87, and weekly volatility stands at 2.16%. When measured over the past 30 days, the indicator reaches 1.28%. Orchid Island Capital Inc (NYSE:ORC)’s beta value is currently sitting at 1.48, while the Average True Range indicator is currently displaying 0.18.
To see how Orchid Island Capital Inc stock has been performing today in comparison to its peers in the industry, here are the numbers: ORC stock’s performance was 0.14% at last check in today’s session, and -16.65% in the past year. Orchid Island Capital Inc has a P/E ratio of 17.41.
An evaluation of the daily trading volume of Orchid Island Capital Inc (NYSE:ORC) indicates that the 3-month average is 3.98 million.
Currently, records show that 107.79 million of the company’s shares remain outstanding. The insiders hold 0.24% of outstanding shares, whereas institutions hold 35.72%. However, since the stock’s price has seen -9.90% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
