---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-023483"
form_type: "8-K"
ticker: "ORC"
cik: "0001518621"
company_name: "Orchid Island Capital, Inc."
filed_at: "2024-07-25T23:59:59+00:00"
generated_at: "2026-05-31T16:16:16.897418+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Orchid Island Capital reports Q2 net loss of $5.0M, book value $8.58

## Summary
- Net loss of $5.0M ($0.09 per share) vs net income of $10.2M in Q2 2023.
- Book value per share fell $0.54 to $8.58; dividends declared $0.36 per share.
- Raised ~$100.7M via ATM equity at slight discount to book; portfolio grew 16.6%.
- Adjusted leverage 7.8x; liquidity $265.3M, or 48% of equity.
- Prepayment rate increased to 7.6% CPR from 6.0% in prior quarter.

## SEC filing metadata
- accession: 0001437749-24-023483
- form_type: 8-K
- ticker: ORC
- cik: 0001518621
- company_name: Orchid Island Capital, Inc.
- filed_at: 2024-07-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1518621/000143774924023483/0001437749-24-023483-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1518621/000143774924023483/orc20240610c_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-023483
- JSON: https://secwatch.observer/filing/0001437749-24-023483.json
- Plain text: https://secwatch.observer/filing/0001437749-24-023483.txt

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