earnings
confidence high
sentiment negative
materiality 0.65
Orchid Island Capital estimates Q2 net loss $0.09/shr, book value $8.58; declares $0.12 monthly dividend
Orchid Island Capital, Inc.
- Estimated Q2 2024 GAAP net loss per share $0.09; total return on equity (2.0)%.
- Estimated book value per share as of June 30, 2024: $8.58, down $0.54 from March 31, 2024.
- Declared July 2024 monthly dividend of $0.12 per share, payable Aug 29, 2024 to holders of record July 31, 2024.
- Estimated net realized and unrealized gains on RMBS and derivatives of $0.1 million; total stockholders' equity ~$555.9M.