---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-011661"
form_type: "8-K"
ticker: "ORC"
cik: "0001518621"
company_name: "Orchid Island Capital, Inc."
filed_at: "2024-04-10T23:59:59+00:00"
generated_at: "2026-06-04T00:22:46.655059+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Orchid Island Capital reports Q1 est. BV $9.12, net income $0.38/share, declares $0.12 dividend

## Summary
- Estimated book value per share of $9.12 as of March 31, 2024; total stockholders' equity ~$481.6M.
- Estimated GAAP net income $0.38 per share for Q1 2024, including $0.50 per share net realized/unrealized gains.
- Estimated total return on equity of 4.2% for Q1 2024.
- April 2024 monthly dividend of $0.12 per share, payable May 30, 2024 to holders of record April 30, 2024 (ex-div April 29).
- All estimates are preliminary and subject to review by the company's independent registered public accounting firm.

## SEC filing metadata
- accession: 0001437749-24-011661
- form_type: 8-K
- ticker: ORC
- cik: 0001518621
- company_name: Orchid Island Capital, Inc.
- filed_at: 2024-04-10T23:59:59+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/1518621/000143774924011661/0001437749-24-011661-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1518621/000143774924011661/orc20240409_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-011661
- JSON: https://secwatch.observer/filing/0001437749-24-011661.json
- Plain text: https://secwatch.observer/filing/0001437749-24-011661.txt

## Key facts
- Earnings Releases
  Orchid Island Capital, Inc. reported the quarter ended March 31, 2024 results: net income $0.38 per share.
  - Period: the quarter ended March 31, 2024
  - Net income: $0.38 per share
  - Result: preliminary results
  source text: On April 10, 2024, Orchid Island Capital, Inc. (the “Company”) announced its estimated book value of $9.12 per share as of March 31, 2024, certain details of its RMBS portfolio as of March 31, 2024, and estimated GAAP net income per share of $0.38, including an estimated $0.50 per share of net realized and unrealized gains on RMBS and derivative instruments, for the quarter ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1518621/000143774924011661/0001437749-24-011661-index.htm

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