earnings
confidence high
sentiment positive
materiality 0.75
Orchid Island Capital Q3 net income $72.1M ($0.53/sh); book value $7.33, total return 6.7%
Orchid Island Capital, Inc.
- Net income of $72.1M ($0.53/sh), up from $17.3M in Q3 2024; net interest income $26.9M ($0.20/sh).
- Book value per share increased $0.12 to $7.33; quarterly dividends declared $0.36/sh.
- Total portfolio return of 6.7% (unannualized); pass-through RMBS return 9.9%, structured RMBS 1.2%.
- Raised $420.2M gross via ATM in 2025 (authorization increased to $500M); leverage 7.4x.
- Liquidity $620M (57% of equity); prepayment CPR 10.1% on pass-through portfolio.