Orchid Island Capital Inc (NYSE:ORC) traded at $7.08 at last check on current trade day and made an upward move of 1.14%% on its previous day’s price.
Looking at the stock we see that its previous close was $7.0 and the beta (5Y monthly) reads 1.498 with the day’s price range being $7.03 – $7.09. The company has a trailing 12-month PE ratio of 17.58. In terms of its 52-week price range, ORC has a high of $9.01 and a low of $5.68. The company’s stock has gained about 2.76% over that past 30 days.
Orchid Island Capital Inc has a market cap of $755.25 million and is expected to release its quarterly earnings report on 2025-Apr-24. With its Forward Dividend at 1.44 and a yield of 20.34%, the company’s investors could be anxious for the ORC stock to gain ahead of the earnings release.
On the other hand, looking at the outlook for the ORC stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 50% Sell.
Based on estimates by 2 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 1 have rated the Orchid Island Capital Inc (ORC) stock as a Hold, while 1 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is 1.31% off its SMA20 and 1.68% from its 50-day simple moving average. The RSI (14) is pointing at 53.34 while the volatility over the past week is 1.26% and jumps to 1.18% over the past one month.
Coming back to Orchid Island Capital Inc (NYSE:ORC), we note that the average 3-month trading volume was 4.11 million, while that of the preceding 10-day period stands at 3.5 million. Current shares outstanding are 107.79 million.
The insiders hold 0.24% of the company’s shares while institutions hold 35.91%. The data shows that short shares as of 2025-05-30, stood at 6.43 million at a short ratio of 1.7. This represents a 590.00 short interest in shares outstanding on 2025-05-30. Shares short fall in May from the previous month at 6.96 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -16.71% down in year-to-date price movement.
