Orchid Island Capital, Inc. (ORC)
Real Estate · NYQ
Price as at 1 Oct 2026, 01:21 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
Orchid Island Capital, Inc. trades at $5.43, which is 49% below the $8.07 our fair value estimate puts on the business. On that measure alone it screens as undervalued, though a valuation model is an argument rather than a measurement, and the market is frequently right about why something is cheap.
Our moat model scores it 56 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 7.2 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
ORC dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | $0.860 | 8 |
| 2025 | $1.44 | 12 |
| 2024 | $1.44 | 12 |
| 2023 | $1.80 | 12 |
| 2022 | $2.48 | 12 |
| 2021 | $3.90 | 12 |
| 2020 | $3.95 | 12 |
| 2019 | $4.80 | 12 |
| 2018 | $5.35 | 12 |
| 2017 | $8.40 | 12 |
| 2016 | $8.40 | 12 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
ORC earnings and analyst estimates
Recommendation mix, 4 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About Orchid Island Capital, Inc.
Orchid Island Capital, Inc., a specialty finance company, invests in residential mortgage-backed securities (RMBS) in the United States. The company's RMBS is backed by single-family residential mortgage loans, referred to as Agency RMBS. Its portfolio comprises traditional pass-through Agency RMBS, such as mortgage pass through certificates and collateralized mortgage obligations; and structured Agency RMBS, including interest only securities, inverse interest only securities, and principal only securities. The company has elected to be taxed as a real estate investment trust (REIT) for the United States federal income tax purposes. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to stockholders, if it annually distributes dividends equal to at least 90% of its REIT taxable income to its shareholders. Orchid Island Capital, Inc. was incorporated in 2010 and is headquartered in Vero Beach, Florida.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
ORC passes 3 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
8 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Israel Englander, MILLENNIUM MANAGEMENT LLC$8.78M · 0.0% of book
- Ken Griffin, CITADEL ADVISORS LLC$6.77M · 0.0% of book
- D. E. Shaw, D. E. Shaw & Co., Inc.$5.41M · 0.0% of book
- Arrowstreet Capital, ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$3.77M · 0.0% of book
- Two Sigma, TWO SIGMA INVESTMENTS, LP$2.94M · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
ORC peers
The largest companies in the same industry (REIT - Mortgage), then in the same sector.
- RITM Rithm Capital Corp.
- DX Dynex Capital, Inc.
- PMT-PB PennyMac Mortgage Investment Trust
- LADR Ladder Capital Corp
- TWO Two Harbors Investment Corp.
- ABR Arbor Realty Trust, Inc.
- CIM Chimera Investment Corporation
- ARI Apollo Commercial Real Estate Finance, Inc.
Every real estate company we cover is on the Real Estate hub.
Common questions
Is Orchid Island Capital, Inc. (ORC) undervalued?
Against our fair value estimate of $8.07, ORC at $5.43 is 49% below fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own ORC?
8 of the institutions we track reported a position in ORC in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is ORC's P/E ratio?
ORC trades at 7.2 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does Orchid Island Capital, Inc. (ORC) pay a dividend?
Yes. Orchid Island Capital, Inc. yields 19.85% at the current share price. It has paid $1.22 per share over the trailing twelve months. It has paid a dividend in each of the last 13 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
Where does SteadyShares get its ORC data?
Fundamentals for ORC come from company filings and exchange data, as listed on NYQ; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 1 Oct 2026, 01:21 UTC and is delayed. Our data quality score for this company is 88/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for ORC, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.