earnings
confidence medium
sentiment positive
materiality 0.65
Orchid Island Capital reports Q3 estimated EPS $0.53, BV/shr $7.33, dividend $0.12
Orchid Island Capital, Inc.
- Estimated GAAP EPS $0.53 for Q3, including $0.37 net realized/unrealized gains on RMBS and derivatives.
- Estimated book value per share $7.33 at Sep 30, up $0.12 from Jun 30 ($7.21).
- October dividend $0.12/shr payable Nov 26 to holders of record Oct 31; total dividends declared in Q3 $0.36/shr.
- Estimated total return on equity 6.6% for Q3, driven by dividend plus book value increase.
- Shares outstanding rose to 151.7M (Oct 15) from 126.6M (Jun 30), reflecting equity issuance during Q3.