Orchid Island Capital Inc

NYSE: ORC
$7.61
+$0.09 (+1.2%)
Closing Price on November 5, 2024

ORC Stock Chart and Intraday Price

ORC Stock Data

Asset Type Stock
Exchange NYSE
Currency USD
Country USA
Sector REAL ESTATE & CONSTRUCTION
Industry REAL ESTATE INVESTMENT TRUSTS
Address 3305 FLAMINGO DRIVE, VERO BEACH, FL, US
Fiscal Year End December
Latest Quarter 12/31/2023
Market Cap 444.29M USD
Shares Outstanding 51,303,000
Orchid Island Capital Inc is a specialty finance firm based in Vero Beach, Florida, focusing on investing in residential mortgage-backed securities (RMBS) in the U.S. These securities are supported by single-family residential mortgage loans. The company's investments include a variety of RMBS, such as mortgage pass-through certificates and more complex structured securities. Orchid Island Capital operates as a real estate investment trust (REIT), allowing it to avoid corporate income tax on income distributed to shareholders, provided it meets certain distribution requirements.

ORC Articles

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