Orc stock price analysts note strong dividend yield

Analysts note strong dividend yield appeal, but warn that rising interest rates could pressure mortgage REIT valuations in coming months. In the previous quarter of 2024-09-30, Orchid Island Capital Inc's ( NYSE:ORC ) actual revenue was $0.34 million, which beat analysts' revenue expectations of $-1.40 million by 124.23%. Orchid Island Capital Inc's ( NYSE:ORC ) actual earnings were $0.24 per share, which beat analysts' earnings expectations of $0.043 per share by 458.14%. After releasing the results, Orchid Island Capital Inc ( NYSE:ORC ) was up by 0.38% in one day. The Company estimates it generated net income per share of $0.18 for the quarter ended March 31, 2025, which includes an estimated $0.17 per share of net realized and unrealized gains on RMBS and derivative instruments. These amounts compare to total dividends declared during the quarter of $0.36 per share.  Net income per common share calculated under generally accepted accounting principles can, and does, differ from our REIT taxable income.  The Company views REIT taxable income as a better indication of income to be paid in the form of a dividend rather than net income. Many components of REIT taxable income can only be estimated at this time and our monthly dividends declared are based on both estimates of REIT taxable income to be earned over the course of the current quarter and calendar year and a longer-term estimate of the REIT taxable income of the Company. These figures are preliminary, subject to change, and subject to review by the Company’s independent registered public accounting firm. Orc stock price saw slight weakness on Monday, dipping to $9.72 before recovering. Brokers say this was likely profit-taking ahead of quarterly earnings projections.