secwatch.observer — SEC 8-K summary
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Issuer:     Orchid Island Capital, Inc. (ORC)
CIK:        0001518621
Form:       8-K
Filed at:   2023-10-11T23:59:59+00:00
Accession:  0001437749-23-028065
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Orchid Island Capital Q3 estimated net loss $1.68 per share; book value $8.92; declares $0.12 dividend
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1518621/000143774923028065/0001437749-23-028065-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1518621/000143774923028065/orc20231011_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-028065

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