Orchid Island Capital, Inc. (ORC) Form 8-K — Jul 23, 2026
Orchid Island Capital reported a significant turnaround for the second quarter of 2026, recording net income of $89.2 million, or $0.44 per common share, compared to a net loss in the prior year period. The results were bolstered by $36.0 million in net realized and unrealized gains on Agency RMBS and derivative instruments, alongside a net interest income of $60.0 million. The company achieved a total return of 6.21% for the quarter, driven by a $0.14 increase in book value per share to $7.22 and a dividend of $0.30 per share. CEO Robert E.
Key figures
- Eps
- 0.44
- Book Value
- 7.22
- Net Income
- 89200000
- Total Debt
- 11086915000
- Cash Position
- 776000000
- Shares Outstanding
- 199603438
- Cpr
- 10.9
- Adjusted Leverage
- 7.7 to 1
- Economic Leverage
- 7.3 to 1
- Net Interest Income
- 60000000
- Portfolio Fair Value
- 11540164000
- Total Return Percent
- 6.21
- Repurchase Authorization Shares
- 26612580
Price after filing
Close on the filing date to close N calendar days later (from $6.77). Historical, not a forecast.
AI analysis
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