Currently, there are 93.29M common shares owned by the public and among those 93.07M shares have been available to trade.
The company’s stock has a 5-day price change of -17.29% and -21.70% over the past three months. ORC shares are trading -20.69% year to date (YTD), with the 12-month market performance down to -29.08% lower. It has a 12-month low price of $6.07 and touched a high of $9.01 over the same period. ORC has an average intraday trading volume of 3.29 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -20.15%, -24.39%, and -23.61% respectively.
Institutional ownership of Orchid Island Capital Inc (NYSE: ORC) shares accounts for 30.67% of the company’s 93.29M shares outstanding.
It has a market capitalization of $575.63M and a beta (3y monthly) value of 1.52. The stock’s trailing 12-month PE ratio is 10.18, while the earnings-per-share (ttm) stands at $0.61. The company has a debt-to-equity ratio at 7.52. Price movements for the stock have been influenced by the stock’s volatility, which stands at 6.31% over the week and 3.23% over the month.
Earnings per share for the fiscal year are expected to increase by 320.37%, and 51.26% over the next financial year.
Looking at the support for the ORC, a number of firms have released research notes about the stock. Janney stated their Buy rating for the stock in a research note on June 06, 2024, with the firm’s price target at $9.50. Maxim Group on their part issued Hold rating on February 17, 2017.
