---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-010098"
form_type: "8-K"
ticker: "ORC"
cik: "0001518621"
company_name: "Orchid Island Capital, Inc."
filed_at: "2023-04-13T23:59:59+00:00"
generated_at: "2026-06-17T02:36:45.072210+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Orchid Island Capital Q1 prelim BV $11.56, net income $0.10/share; $0.16 dividend

## Summary
- Estimated book value per share $11.56 as of March 31, 2023, down $0.37 from Dec 31, 2022.
- Estimated GAAP net income $0.10 per share for Q1 2023, including $0.33 net realized/unrealized gains.
- April 2023 monthly dividend of $0.16 per share, payable May 26, 2023 to holders of record April 28, 2023.
- Total return on equity for Q1 2023 estimated at 0.9%.
- Share count increased to 39,085,756 from 36,764,983 at year-end 2022.

## SEC filing metadata
- accession: 0001437749-23-010098
- form_type: 8-K
- ticker: ORC
- cik: 0001518621
- company_name: Orchid Island Capital, Inc.
- filed_at: 2023-04-13T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1518621/000143774923010098/0001437749-23-010098-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1518621/000143774923010098/orc20230411_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-010098
- JSON: https://secwatch.observer/filing/0001437749-23-010098.json
- Plain text: https://secwatch.observer/filing/0001437749-23-010098.txt

## Key facts
- Earnings Releases
  Orchid Island Capital, Inc. reported the quarter ended March 31, 2023 results: net income estimated GAAP net income of $0.10 per share for the quarter ended March 31, 2023, including an estimated $0.33 per shar, EPS $0.10.
  - Period: the quarter ended March 31, 2023
  - Net income: estimated GAAP net income of $0.10 per share for the quarter ended March 31, 2023, including an estimated $0.33 per shar
  - EPS: $0.10
  - Result: preliminary results
  source text: On April 12, 2023, Orchid Island Capital, Inc. (the “Company”) announced its estimated book value of $11.56 per share as of March 31, 2023, certain details of its RMBS portfolio as of March 31, 2023, and estimated GAAP net income per share of $0.10, including an estimated $0.33 per share of net realized and unrealized gains, for the quarter ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1518621/000143774923010098/0001437749-23-010098-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.