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In the latest session, Orchid Island Capital Inc (NYSE: ORC) closed at $7.92 down -5.15% from its previous closing price of $8.35. In other words, the price has decreased by -$5.15 from its previous closing price. On the day, 6.43 million shares were traded. ORC stock price reached its highest trading level at $8.405 during the session, while it also had its lowest trading level at $7.92.
Ratios:
For a deeper understanding of Orchid Island Capital Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.59 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.58. In the meantime, Its Debt-to-Equity ratio is 7.82 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Janney on June 06, 2024, initiated with a Buy rating and assigned the stock a target price of $9.50.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 586056256 and an Enterprise Value of 4671863296. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.16 while its Price-to-Book (P/B) ratio in mrq is 0.92. Its current Enterprise Value per Revenue stands at -218.495.
Stock Price History:
Over the past 52 weeks, ORC has reached a high of $9.36, while it has fallen to a 52-week low of $5.90. The 50-Day Moving Average of the stock is -3.87%, while the 200-Day Moving Average is calculated to be -5.81%.
Shares Statistics:
For the past three months, ORC has traded an average of 2.03M shares per day and 3153700 over the past ten days. A total of 71.34M shares are outstanding, with a floating share count of 71.13M. Insiders hold about 0.29% of the company’s shares, while institutions hold 27.74% stake in the company. Shares short for ORC as of 1724976000 were 3993126 with a Short Ratio of 1.97, compared to 1722384000 on 3598203. Therefore, it implies a Short% of Shares Outstanding of 3993126 and a Short% of Float of 5.609999999999999.
Dividends & Splits
According to the company, the forward annual dividend rate for ORC is 1.48, from 1.56 in the trailing year. Against a Trailing Annual Dividend Yield of 0.18682633The stock’s 5-year Average Dividend Yield is 19.63.
