---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-001130"
form_type: "8-K"
ticker: "ORC"
cik: "0001518621"
company_name: "Orchid Island Capital, Inc."
filed_at: "2024-01-10T23:59:59+00:00"
generated_at: "2026-06-07T00:55:42.154128+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001437749-24-001130
- form_type: 8-K
- ticker: ORC
- cik: 0001518621
- company_name: Orchid Island Capital, Inc.
- filed_at: 2024-01-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1518621/000143774924001130/0001437749-24-001130-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1518621/000143774924001130/orc20240109_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-001130
- JSON: https://secwatch.observer/filing/0001437749-24-001130.json
- Plain text: https://secwatch.observer/filing/0001437749-24-001130.txt

## Key facts
- Earnings Releases
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1518621/000143774924001130/0001437749-24-001130-index.htm

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