Orchid Island Capital Q4 2023 est net income $0.52, BV $9.10; declares $0.12 Jan dividend

Orchid Island Capital, Inc.

Estimated GAAP net income per share $0.52 for Q4 2023, including $0.65 in net realized/unrealized gains on RMBS and derivatives.
Estimated book value per share $9.10 as of Dec 31, 2023, up $0.18 from Sep 30, 2023; total return on equity 6.1%.
Monthly dividend for January 2024 declared at $0.12 per share, payable Feb 27 to holders of record Jan 31.
Dividends declared in Q4 2023 totaled $0.36 per share, below estimated net income of $0.52 per share.
All figures are preliminary and subject to review by the independent registered public accounting firm.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.85

Orchid Island Capital, Inc. reported the quarter ended December 31, 2023 results: net income $0.52 per share, EPS $0.52 per share.

Period: the quarter ended December 31, 2023
Net income: $0.52 per share
EPS: $0.52 per share
Result: preliminary results

Exact text from the filing

On January 10, 2024, Orchid Island Capital, Inc. (the “Company”) announced its estimated book value of $9.10 per share as of December 31, 2023, certain details of its RMBS portfolio as of December 31, 2023, and estimated GAAP net loss per share of $0.52, including an estimated $0.65 per share of net realized and unrealized losses on RMBS and derivative instruments, for the quarter ended December 31, 2023.

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Orchid Island Capital, Inc. filing history →

Source: SEC EDGAR

accession 0001437749-24-001130

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