---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-019795"
form_type: "8-K"
ticker: "ORC"
cik: "0001518621"
company_name: "Orchid Island Capital, Inc."
filed_at: "2023-07-12T23:59:59+00:00"
generated_at: "2026-06-13T09:25:54.864461+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Orchid Island Capital Q2 2023: BVPS $11.16, net income $0.25/sh, declares $0.16 dividend

## Summary
- Estimated book value per share $11.16 at June 30, down $0.39 from March 31, 2023.
- Estimated GAAP net income $0.25 per share for Q2 2023, including $0.59/sh net realized and unrealized gains.
- Total return on equity 0.8% for Q2; dividends declared $0.48 per share exceed net income.
- July 2023 monthly dividend $0.16 per share, payable Aug 29, record July 31, ex-div July 28.
- Shares outstanding increased to 43.9M at June 30 from 39.1M at March 31, 2023.

## SEC filing metadata
- accession: 0001437749-23-019795
- form_type: 8-K
- ticker: ORC
- cik: 0001518621
- company_name: Orchid Island Capital, Inc.
- filed_at: 2023-07-12T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1518621/000143774923019795/0001437749-23-019795-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1518621/000143774923019795/orc20230711_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-019795
- JSON: https://secwatch.observer/filing/0001437749-23-019795.json
- Plain text: https://secwatch.observer/filing/0001437749-23-019795.txt

## Key facts
- Earnings Releases
  Orchid Island Capital, Inc. reported the quarter ended June 30, 2023 results: net income $0.25 per share, EPS $0.25 per share.
  - Period: the quarter ended June 30, 2023
  - Net income: $0.25 per share
  - EPS: $0.25 per share
  - Result: preliminary results
  source text: On July 12, 2023, Orchid Island Capital, Inc. (the “Company”) announced its estimated book value of $11.16 per share as of June 30, 2023, certain details of its RMBS portfolio as of June 30, 2023, and estimated GAAP net income per share of $0.25, including an estimated $0.59 per share of net realized and unrealized gains, for the quarter ended June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1518621/000143774923019795/0001437749-23-019795-index.htm

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