About: 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.
Sector: Real Estate
Industry: REIT - Mortgage
Latest price: $6.50 (-0.61%)
ORCNYSEOrchid Island Capital Inc.
Orchid Island Capital Inc. share price
ORC price activity
Last Price
$6.500
Change (24hr)
-0.04 USD (-0.61%)
Volume
2.39M
Volume (4w avg)
-
Open
$6.55
Day Range
$6.50 - $6.58
Previous Close
$6.54
Last Trade
09 Sep, 8:29 pm GMT+0
Delayed
09 Sep, 8:29 pm GMT+0
ORC price performance
Delayed
09 Sep, 8:29 pm GMT+0
ORC Market Signals