{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-028065","form_type":"8-K","ticker":"ORC","cik":"0001518621","company_name":"Orchid Island Capital, Inc.","filed_at":"2023-10-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.344597+00:00","generated_at":"2026-06-10T01:37:48.855022+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Orchid Island Capital Q3 estimated net loss $1.68 per share; book value $8.92; declares $0.12 dividend","bullets":["Estimated GAAP net loss of $1.68 per share for Q3 2023, including $1.40 in net realized/unrealized losses on RMBS and derivatives.","Estimated book value per share as of Sept 30, 2023: $8.92, down from $11.16 at June 30, 2023 (implied drop).","Estimated total return on equity of (15.8)% for the quarter.","October monthly dividend of $0.12 per share, payable Nov 28 to holders of record Oct 31, ex-div Oct 30.","Shares outstanding increased to 52.3M (Sept 30) from 43.9M (June 30) — a 19% increase."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-028065","json":"https://secwatch.observer/filing/0001437749-23-028065.json","markdown":"https://secwatch.observer/filing/0001437749-23-028065.md","text":"https://secwatch.observer/filing/0001437749-23-028065.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1518621/000143774923028065/0001437749-23-028065-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1518621/000143774923028065/orc20231011_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T01:37:48.855022+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"9ec6eb0d1fe29a2660bc5a63cb29d35450657062","claim":"Orchid Island Capital, Inc. reported the quarter ended September 30, 2023 results: net income estimated GAAP net loss per share of $1.68, including an estimated $1.40 per share of net realized and unrealized losses.","evidence_excerpt":"On October 11, 2023, Orchid Island Capital, Inc. (the “Company”) announced its estimated book value of $8.92 per share as of September 30, 2023, certain details of its RMBS portfolio as of September 30, 2023, and estimated GAAP net loss per share of $1.68, including an estimated $1.40 per share of net realized and unrealized losses on RMBS and derivative instruments, for the quarter ended September 30, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1518621/000143774923028065/0001437749-23-028065-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended September 30, 2023"},{"label":"Net income","value":"estimated GAAP net loss per share of $1.68, including an estimated $1.40 per share of net realized and unrealized losses"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}