earnings
confidence high
sentiment negative
materiality 0.70
Orchid Island Capital Q2 net loss $33.6M, book value $7.21, total return -4.66%
Orchid Island Capital, Inc.
- Net loss $33.6M ($0.29/sh) vs net loss $5.0M a year ago; net interest income $23.2M ($0.20/sh).
- Book value fell $0.73 to $7.21/sh; total return (4.66)% including $0.36 dividend.
- Realized/unrealized losses of $51.7M on RMBS and derivatives; liquidity $492.5M.
- Adjusted leverage 7.3x; outstanding repo $6.7B at 4.48% weighted rate.
- Management cites tariff volatility hurt Agency RMBS, but returns remain attractive.
item 2.02item 9.01