The closing price of Orchid Island Capital Inc (NYSE: ORC) was $8.27 for the day, down -4.72% from the previous closing price of $8.68. In other words, the price has decreased by -$0.41 from its previous closing price. On the day, 1985213 shares were traded.
Ratios:
Our analysis of ORC’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 53.03. In the meantime, Its Debt-to-Equity ratio is 7.89 whereas as Long-Term Debt/Eq ratio is at 0.00.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 20 ’23 when Haas G Hunter IV bought 2,194 shares for $8.61 per share. The transaction valued at 18,879 led to the insider holds 52,450 shares of the business.
Haas G Hunter IV sold 2,194 shares of ORC for $18,878 on Dec 20 ’23. The Chief Financial Officer now owns 50,256 shares after completing the transaction at $8.60 per share. On Oct 13 ’23, another insider, Cauley Robert E, who serves as the Chief Executive Officer of the company, bought 15,000 shares for $7.40 each. As a result, the insider paid 111,050 and bolstered with 112,309 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ORC now has a Market Capitalization of 445.79M. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.74 while its Price-to-Book (P/B) ratio in mrq is 0.91.
Stock Price History:
Over the past 52 weeks, ORC has reached a high of $11.27, while it has fallen to a 52-week low of $5.90. The 50-Day Moving Average of the stock is 8.52, while the 200-Day Moving Average is calculated to be 8.64.
Shares Statistics:
ORC traded an average of 1.16M shares per day over the past three months and 1.04M shares per day over the past ten days. A total of 51.64M shares are outstanding, with a floating share count of 51.11M. Insiders hold about 0.38% of the company’s shares, while institutions hold 34.56% stake in the company. Shares short for ORC as of Mar 15, 2024 were 3.98M with a Short Ratio of 3.29, compared to 3.76M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 7.75% and a Short% of Float of 7.77%.
Dividends & Splits
With its trailing 12-month dividend rate of 1.80, ORC has a forward annual dividend rate of 1.68. Against a Trailing Annual Dividend Yield of 20.74%, it implies a Forward Annual Dividend Yield of 16.29%. The stock’s 5-year Average Dividend Yield is 19.33.
Earnings Estimates
The firm’s stock currently is rated by 2 analysts. On average, analysts expect EPS of -$0.07 for the current quarter, with a high estimate of -$0.06 and a low estimate of -$0.09, while EPS last year was -$0.24. The consensus estimate for the next quarter is -$0.06, with high estimates of -$0.06 and low estimates of -$0.07.
Analysts are recommending an EPS of between -$0.23 and -$0.25 for the fiscal current year, implying an average EPS of -$0.24. EPS for the following year is $0.38, with 2 analysts recommending between $0.57 and $0.2.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 2 analysts. It ranges from a high estimate of $30k to a low estimate of -$3.91M. As of the current estimate, Orchid Island Capital Inc’s year-ago sales were $14.97M, an estimated decrease of -113.00% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of -$1.43M, a decrease of -83.70% over than the figure of -$113.00% in the same quarter last year. There is a high estimate of $1.08M for the next quarter, whereas the lowest estimate is -$3.95M.
A total of 2 analysts have provided revenue estimates for ORC’s current fiscal year. The highest revenue estimate was $7.65M, while the lowest revenue estimate was -$15.89M, resulting in an average revenue estimate of -$4.12M. In the same quarter a year ago, actual revenue was -$24.35M, down -83.10% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $30.73M in the next fiscal year. The high estimate is $48.86M and the low estimate is $12.61M. The average revenue growth estimate for next year is down -845.90% from the average revenue estimate for this year.
