The Stock Of The Week: Orchid Island Capital Inc. (ORC)

At the last check on Friday, Orchid Island Capital Inc.’s (NYSE:ORC) stock was up $0.05, moving up 1.92 percent to $2.91. The average number of shares traded per day over the past five days has been 2,703,855 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.11 fall in that time frame. In the last twenty days, the average volume was 3,349,509, while in the previous 50 days, it was 3,291,949.


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Since last month, ORC stock retreated -5.30%. Shares of the company fell to $2.61 on 04/29/22, the lowest level in the past month. A 52-week high of $5.86 was reached on 01/04/22 after having rallying from a 52-week low of $2.61. Since the beginning of this year, ORC’s stock price has dropped by -36.44% or -$1.60, and marked a new high 2 times. However, the stock has declined by -50.26% since its 52-week high.

Valuation Metrics

The stock’s beta is 1.33. Besides these, the trailing price-to-sales (P/S) ratio of 50.49, the price-to-book (PB) ratio of 0.85, and the price-to-cash flow ratio of 6.30 may also be considered.

The latest dividend of $0.0450 per share was paid out, remained unchanged from last year’s $0.0450. On Wednesday March 16 2022, a $0.01 dividend decrease was announced.

Financial Health

Based on annual data, ORC earned -$57.67 million in gross profit and brought in $134.7 million in revenue.

According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. While analysts expected Orchid Island Capital Inc. to report $0.18 quarterly earnings, the actual figure was $0.19 per share, beating the consensus estimate by 5.60%. During the quarter, the company generated -$146.07 million in EBITDA. The value of shareholders’ equity is $177.12 million.

Technical Picture

This quick technical analysis looks at Orchid Island Capital Inc.’s (ORC) price momentum. With a historical volatility rate of 23.66%, the RSI 9-day stood at 44.82% on 12 May.

With respect to its five-day moving average, the current Orchid Island Capital Inc. price is down by -3.49% percent or -$0.11. At present, ORC shares trade -5.37% below its 20-day simple moving average and -32.28% percent below its 100-day simple moving average. However, the stock is currently trading approximately -9.50% below its SMA50 and -43.04% below its SMA200.

Stochastic coefficient K was 62.40% and Stochastic coefficient D was 64.44%, while ATR was 0.10. Given the Stochastic reading of 68.60% for the 14-day period, the RSI (14) reading has been calculated as 42.89%. As of today, the MACD Oscillator reading stands at -0.06, while the 14-day reading stands at -0.04.

Analyst Ratings

JMP Securities launched its rating on Orchid Island Capital Inc. (NYSE: ORC) to a Mkt perform in a note to investors on January 12, 2022. Orchid Island Capital Inc. (ORC) has been rated Overweight by analysts. According to 0 brokerage firms, ORC is a sell, and 1 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Orchid Island Capital Inc. stock as buy, with 1 recommending it as overweight.

With a median target price of $3.50, the current consensus forecast for the stock is $3.50 – $3.50. Based on these forecasts, analysts predict Orchid Island Capital Inc. (ORC) will achieve an average price target of $3.50.

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