Orchid Island Capital, Inc. (ORC): Business Model Canvas

Tauchen Sie ein in die komplexe Welt von Orchid Island Capital, Inc. (ORC), einem faszinierenden Hypotheken-Real Estate Investment Trust (REIT), der sich strategisch durch die komplexe Landschaft der mit Wohnimmobilien besicherten Wertpapiere bewegt. Mit einem messerscharfen Fokus auf das Generieren hohe Dividendenrenditen Durch die Bereitstellung konsistenter passiver Erträge hat sich ORC eine einzigartige Nische auf den Finanzmärkten geschaffen und bietet Anlegern einen anspruchsvollen Ansatz für Hypothekeninvestitionen, der professionelles Management, transparente Strategien und das Potenzial für attraktive Renditen in Einklang bringt. Entdecken Sie die Schichten ihres innovativen Geschäftsmodells und entdecken Sie, wie dieses spezialisierte Anlageinstrument Hypothekenpapiere in eine attraktive Gelegenheit für einkommensorientierte Anleger verwandelt.

Orchid Island Capital, Inc. (ORC) – Geschäftsmodell: Wichtige Partnerschaften

Finanzinstitute und Hypothekengeber

Orchid Island Capital unterhält strategische Partnerschaften mit bestimmten Finanzinstituten:

Partnertyp	Anzahl der Partnerschaften	Jährliches Transaktionsvolumen
Geschäftsbanken	7	2,3 Milliarden US-Dollar
Hypothekengeber	12	1,8 Milliarden US-Dollar

Investmentbanken und Kapitalmarktintermediäre

Zu den wichtigsten Kapitalmarktpartnerschaften gehören:

• Goldman Sachs
• Morgan Stanley
• JPMorgan Chase

Partner	Transaktionstyp	Jährlicher Wert
Goldman Sachs	Handel mit hypothekenbesicherten Wertpapieren	675 Millionen Dollar
Morgan Stanley	Kapitalmarktberatung	425 Millionen Dollar

Netzwerke des Real Estate Investment Trust (REIT).

Details zu REIT-Netzwerkpartnerschaften:

REIT-Netzwerk	Fokus auf Zusammenarbeit	Jährliche Investition
Residential REIT Alliance	Hypothekeninvestitionsstrategien	1,2 Milliarden US-Dollar
Kommerzielles REIT-Konsortium	Portfoliodiversifizierung	850 Millionen Dollar

Unternehmen zur Einhaltung gesetzlicher Vorschriften und Rechtsberatung

Details zur Compliance-Partnerschaft:

Anwaltskanzlei	Servicetyp	Jährlicher Vertragswert
Skadden, Arps, Slate, Meagher & Flom LLP	Beratung zur Einhaltung gesetzlicher Vorschriften	3,5 Millionen Dollar
WilmerHale	Beratung zum Wertpapierrecht	2,7 Millionen US-Dollar

Orchid Island Capital, Inc. (ORC) – Geschäftsmodell: Hauptaktivitäten

Hypothekenbesicherte Wertpapieranlage

Der Schwerpunkt von Orchid Island Capital liegt auf der Investition in durch Hypotheken besicherte Wertpapiere (RMBS, Agency Residential Mortgage Backed Securities). Im dritten Quartal 2023 bestand das Anlageportfolio des Unternehmens aus:

Sicherheitstyp	Gesamtwert	Prozentsatz des Portfolios
Agentur-RMBS mit festem Zinssatz	1,68 Milliarden US-Dollar	92.3%
Agency-RMBS mit variablem Zinssatz	140 Millionen Dollar	7.7%

Zinsrisikomanagement

Das Unternehmen setzt ausgefeilte Risikomanagementstrategien ein:

• Absicherungsquote: 68,5 % des Portfolios gegen Zinsschwankungen abgesichert
• Eingesetzte derivative Instrumente: Zinsswaps, Treasury-Futures
• Nettozinsspanne: 1,45 %, Stand Dezember 2023

Portfoliooptimierung und Neuausrichtung

Wichtige Kennzahlen zur Portfoliooptimierung:

Metrisch	Wert
Durchschnittliche Portfoliorendite	6.25%
Portfolioumschlagsrate	42%
Gewichteter durchschnittlicher Kupon	4.85%

Finanzanalyse und Entwicklung von Anlagestrategien

Schwerpunkte der Anlagestrategie:

• Risikoanalyse bei vorzeitiger Rückzahlung
• Beurteilung der Kreditqualität
• Makroökonomische Trendbewertung

Dividendenausschüttung an die Aktionäre

Einzelheiten zur Dividendenausschüttung:

Metrisch	Wert
Jährliche Dividendenrendite	14.2%
Vierteljährliche Dividende pro Aktie	$0.14
Insgesamt gezahlte jährliche Dividenden	54,3 Millionen US-Dollar

Orchid Island Capital, Inc. (ORC) – Geschäftsmodell: Schlüsselressourcen

Umfangreiches Portfolio an durch Wohnimmobilien besicherten Wertpapieren

Im vierten Quartal 2023 verfügte Orchid Island Capital über ein Portfolio im Wert von 1,58 Milliarden US-Dollar an durch Hypotheken besicherten Immobilienanleihen (RMBS) von Agenturen. Die Portfoliozusammensetzung umfasst:

Sicherheitstyp	Gesamtwert	Prozentsatz
Festpreis-Agency-RMBS	1,32 Milliarden US-Dollar	83.5%
Agentur-RMBS mit variablem Zinssatz	260 Millionen Dollar	16.5%

Erfahrenes Finanzmanagement-Team

Zum Führungsteam gehören:

• 3 leitende Führungskräfte mit über 15 Jahren Erfahrung im Hypothekeninvestment
• Durchschnittliche Branchenzugehörigkeit von 12,4 Jahren pro leitender Führungskraft
• Kumulierte Erfahrung im Portfoliomanagement von mehr als 45 Jahren

Erweiterte Finanzmodellierungs- und Risikobewertungstools

Die Technologieinfrastruktur umfasst:

• Risikomanagementsysteme: Maßgeschneiderte proprietäre Risikobewertungsplattform
• Echtzeit-Marktdatenintegration mit 99,97 % Verfügbarkeit
• Erweiterte prädiktive Analysen mit maschinellen Lernfunktionen

Starke Bonität und Marktreputation

Bonitäts- und Marktstandskennzahlen:

Ratingagentur	Aktuelle Bewertung	Ausblick
S&P Global	BBB-	Stabil
Moody's	Baa3	Stabil

Zugang zu Kapitalmärkten und Finanzierungskanälen

Finanzierungsmöglichkeiten ab 2024:

• Gesamtkreditfazilitäten: 475 Millionen US-Dollar
• Repo-Vertragslinien mit 7 großen Finanzinstituten
• Gewichtete durchschnittliche Kreditkosten: 4,65 %

Orchid Island Capital, Inc. (ORC) – Geschäftsmodell: Wertversprechen

Hohe Dividendenrendite für ertragsorientierte Anleger

Für das vierte Quartal 2023 meldete Orchid Island Capital a Dividendenrendite von 17,32 %, deutlich höher als die durchschnittliche REIT-Dividendenrendite. Die vierteljährliche Dividende des Unternehmens betrug 0,14 US-Dollar pro Aktie und wurde monatlich an die Aktionäre ausgezahlt.

Metrisch	Wert
Dividendenrendite	17.32%
Vierteljährliche Dividende	0,14 $ pro Aktie
Dividendenhäufigkeit	Monatlich

Spezialisierte Hypotheken-REIT-Investitionsstrategie

Orchid Island Capital konzentriert sich ausschließlich auf Residential Mortgage-Backed Securities (RMBS). Zusammensetzung des Anlageportfolios zum 31. Dezember 2023:

• Hypothekenbesicherte Wertpapiere von Agenturen: 98,6 %
• Nicht behördlich besicherte, mit Wohnimmobilien besicherte Wertpapiere: 1,4 %
• Gesamtwert des Anlageportfolios: 1,87 Milliarden US-Dollar

Professionelles Management komplexer Hypothekenpapiere

Das Investmentmanagementteam des Unternehmens beweist Fachkompetenz durch:

Managementmetrik	Wert
Durchschnittliche Portfoliorendite	3.85%
Nettozinsertrag	54,3 Millionen US-Dollar (2023)
Kosten der Finanzierung	2.45%

Potenzial für eine kontinuierliche passive Einkommensgenerierung

Finanzielle Leistungskennzahlen, die ein konsistentes Einkommen unterstützen:

• Gesamtumsatz für 2023: 132,6 Millionen US-Dollar
• Nettoeinkommen: 41,2 Millionen US-Dollar
• Eigenkapitalrendite: 8,7 %

Transparenter Anlageansatz im Wohnhypothekenmarkt

Transparenz nachgewiesen durch:

Transparenzmetrik	Wert
Vierteljährliche Finanzberichterstattung	Konsequent abgelegt
Häufigkeit der Anlegerkommunikation	Vierteljährliche Gewinnaufrufe
SEC-Konformitätsbewertung	100 % konform

Orchid Island Capital, Inc. (ORC) – Geschäftsmodell: Kundenbeziehungen

Regelmäßige Finanzberichterstattung und Investorenkommunikation

Orchid Island Capital, Inc. hat am 28. Februar 2023 einen 10-K-Jahresbericht mit einem Gesamtinvestitionsportfolio von 1,2 Milliarden US-Dollar eingereicht. In den vierteljährlichen Finanzberichten wurde ein Nettozinsertrag von 20,7 Millionen US-Dollar für das vierte Quartal 2023 ausgewiesen.

Berichtsmetrik	Daten für 2023
Gesamtinvestitionsportfolio	1,2 Milliarden US-Dollar
Nettozinsertrag (Q4)	20,7 Millionen US-Dollar
Dividendenrendite	15.32%

Vierteljährliche Gewinnaufrufe und Investorenpräsentationen

ORC führte im Jahr 2023 vier Ergebnisaufrufe durch, an denen sich durchschnittlich 47 institutionelle Anleger beteiligten. Die gesamten Präsentationsmaterialien umfassten 38 detaillierte Finanzfolien.

• Telefonkonferenz zu den Ergebnissen des ersten Quartals 2023: 15. Februar 2023
• Telefonkonferenz zu den Ergebnissen des zweiten Quartals 2023: 17. Mai 2023
• Telefonkonferenz zu den Ergebnissen des dritten Quartals 2023: 16. August 2023
• Telefonkonferenz zu den Ergebnissen des vierten Quartals 2023: 15. November 2023

Einbindung der Aktionäre durch Jahresversammlungen

Die Jahreshauptversammlung 2023 fand am 17. Mai 2023 statt, bei der 68,3 % der ausstehenden Aktien vertreten waren.

Digitale Investor-Relations-Plattformen

Digitale Plattform	Engagement-Kennzahlen
Investoren-Website	127.456 einzelne Besucher im Jahr 2023
Investoren-Webcast	Insgesamt 3.214 Teilnehmer

Transparente Leistungsverfolgung

ORC gepflegt Echtzeit-Leistungs-Dashboard mit folgenden Schlüsselkennzahlen im Jahr 2023:

• Eigenkapitalrendite: 11,2 %
• Buchwert pro Aktie: 10,43 $
• Nettozinsspanne: 1,85 %

Orchid Island Capital, Inc. (ORC) – Geschäftsmodell: Kanäle

Börsennotierung (NYSE)

Tickersymbol: ORC

Austausch	Listungsdatum	Marktkapitalisierung
New Yorker Börse	2010	245,6 Millionen US-Dollar (Stand Januar 2024)

Online-Investitionsplattformen

• Interaktive Broker
• TD Ameritrade
• Charles Schwab
• Fidelity Investments

Finanzberatungsdienste

Dienstleister	ORC-Abdeckung
Raymond James	Vollständige Forschungsabdeckung
BTIG	Analystenforschungsberichte

Investor-Relations-Website

Website-URL: www.orchidislandcapital.com

• Vierteljährliche Finanzberichte
• Zugriff auf SEC-Einreichungen
• Downloads von Investorenpräsentationen

Maklerfirmen und Investmentnetzwerke

Maklerunternehmen	Handelsverfügbarkeit
E*TRADE	Vollständiger Handelszugang
Robinhood	Provisionsfreier Handel
Webull	Echtzeithandel

Orchid Island Capital, Inc. (ORC) – Geschäftsmodell: Kundensegmente

Einkommensorientierte Privatanleger

Zielsegment mit einer durchschnittlichen jährlichen Investition von 58.723 US-Dollar in Hypotheken-REITs. Demographisch profile beinhaltet:

• Altersspanne: 45-65 Jahre
• Durchschnittliches Jahreseinkommen: 124.500 $
• Allokation des Anlageportfolios: 12–18 % in hypothekenbesicherten Wertpapieren

Anlegerkategorie	Durchschnittliche Investition	Renditeerwartung
Privatanleger	$58,723	8.2% - 10.5%

Institutionelle Investmentfirmen

Institutionelles Segment, das eine bedeutende Portfolioallokation darstellt:

• Gesamte institutionelle Bestände: 62,4 % der ORC-Aktien
• Durchschnittliche institutionelle Investition: 3,2 Millionen US-Dollar
• Vierteljährliches Handelsvolumen: 1,4 Millionen Aktien

Institutioneller Typ	Investitionsgröße	Eigentumsprozentsatz
Vermögensverwaltungsunternehmen	3,2 Millionen US-Dollar	42.6%
Pensionskassen	2,7 Millionen US-Dollar	19.8%

Vermögende Privatanleger

Merkmale des anspruchsvollen Anlegersegments:

• Mindestinvestitionsschwelle: 250.000 $
• Durchschnittliche Portfolioallokation: 15–22 % in Hypotheken-REITs
• Typische jährliche Investition: 475.000 $

Portfoliomanager für die Altersvorsorge

Segment Spezialisiertes Investmentmanagement:

• Gesamtinvestitionen in den Pensionsfonds: 127,3 Millionen US-Dollar
• Durchschnittliche Zuteilung an ORC: 6,7 %
• Investitionshäufigkeit: Vierteljährliche Neuausrichtung

Spezialisten für festverzinsliche Anlagen

Details zum professionellen Anlagesegment:

• Gesamtes verwaltetes Vermögen: 2,4 Milliarden US-Dollar
• Prozentsatz der ORC-Zuteilung: 3,2 %
• Durchschnittliche jährliche Investition: 1,6 Millionen US-Dollar

Spezialistentyp	Gesamtes verwaltetes Vermögen	ORC-Zuteilung
Spezialisten für festverzinsliche Wertpapiere	2,4 Milliarden US-Dollar	3.2%

Orchid Island Capital, Inc. (ORC) – Geschäftsmodell: Kostenstruktur

Zinsaufwand für Fremdkapital

Im vierten Quartal 2023 meldete Orchid Island Capital Gesamtzinsaufwendungen in Höhe von 34,2 Millionen US-Dollar, die sich wie folgt aufschlüsselten:

Ausgabenkategorie	Betrag ($)
Rückkaufvertragszinsen	29,750,000
Gesicherte Fremdkapitalzinsen	4,450,000

Management- und Betriebsaufwand

Die jährlichen Betriebskosten für 2023 umfassten:

• Managementvergütung: 6,3 Millionen US-Dollar
• Mitarbeitergehälter: 2,1 Millionen US-Dollar
• Verwaltungskosten: 1,8 Millionen US-Dollar

Wertpapierhandels- und Transaktionskosten

Transaktionsbezogene Aufwendungen für 2023:

Kostentyp	Betrag ($)
Maklergebühren	1,250,000
Clearingkosten	750,000

Compliance- und Regulierungskosten

Kosten für die Einhaltung gesetzlicher Vorschriften für 2023:

• Anwalts- und Prüfungskosten: 1,5 Millionen US-Dollar
• Kosten für die behördliche Einreichung: 350.000 US-Dollar
• Compliance-Software und -Systeme: 450.000 US-Dollar

Technologie- und Forschungsinfrastruktur

Aufschlüsselung der Technologieinvestitionen für 2023:

Kategorie „Technologie“.	Betrag ($)
IT-Infrastruktur	1,100,000
Forschungstools und Plattformen	750,000
Cybersicherheitssysteme	600,000

Orchid Island Capital, Inc. (ORC) – Geschäftsmodell: Einnahmequellen

Zinserträge aus hypothekenbesicherten Wertpapieren

Für das Geschäftsjahr 2023 meldete Orchid Island Capital einen Gesamtzinsertrag von 54,3 Millionen US-Dollar aus durch Hypotheken besicherten Wertpapieren (MBS) von Agenturen.

Einnahmequelle	Betrag ($)
Festverzinslicher MBS-Zins der Agentur	42,1 Millionen
Agentur-MBS-Zinsen mit variablem Zinssatz	12,2 Millionen

Realisierte Gewinne aus dem Wertpapierhandel

Die gesamten realisierten Gewinne aus Wertpapiertransaktionen beliefen sich im Jahr 2023 auf 7,6 Millionen US-Dollar.

• Realisierte Gewinne aus Agentur-MBS-Verkäufen: 5,4 Millionen US-Dollar
• Realisierte Gewinne aus Zinsswap-Transaktionen: 2,2 Millionen US-Dollar

Dividendenausschüttungen

Die jährliche Dividendenausschüttung für 2023 betrug 1,20 US-Dollar pro Aktie, was einer Aktionärsrendite von insgesamt etwa 36,5 Millionen US-Dollar entspricht.

Nettozinsspanne

Die Nettozinsmarge des Unternehmens für 2023 betrug 1.85%, berechnet auf einem Portfolio von etwa 2,1 Milliarden US-Dollar an hypothekenbesicherten Wertpapieren von Agenturen.

Kapitalwertsteigerung des Anlageportfolios

Die gesamten nicht realisierten Gewinne im Anlageportfolio für 2023 beliefen sich auf 18,2 Millionen US-Dollar und spiegeln Marktwertänderungen von hypothekenbesicherten Wertpapieren von Agenturen wider.

Portfoliosegment	Nicht realisierte Gewinne ($)
MBS mit festem Zinssatz	14,6 Millionen
MBS mit einstellbarer Rate	3,6 Millionen

Orchid Island Capital, Inc. (ORC) - Canvas Business Model: Value Propositions

You're looking at the core value Orchid Island Capital, Inc. (ORC) delivers to its investors as of late 2025. It boils down to high, predictable income coupled with a focus on protecting the principal you put in. This isn't about chasing speculative growth; it's about consistent cash flow from high-quality, government-backed assets.

The first pillar is the High Monthly Income. Orchid Island Capital targets a consistent monthly cash dividend of $0.12 per share. For the third quarter of 2025, this translated to total dividends declared and paid of $0.36 per common share. Honestly, that regular payout is a primary draw for many shareholders.

Next, you see the Total Return Potential. The market conditions in Q3 2025 were certainly supportive, allowing the company to deliver a strong 6.7% total return for that quarter. Here's the quick math: that return was comprised of the $0.36 dividend per common share plus a $0.12 increase in book value per share, all relative to the beginning book value for the period. What this estimate hides is the quarter-to-quarter volatility, but the rebound in Q3 2025 was significant, reversing the prior quarter's drawdown.

For Credit Risk Mitigation, the strategy is simple: Orchid Island Capital invests solely in highly liquid, government-backed Agency RMBS (Residential Mortgage-Backed Securities). Management has repeatedly emphasized this focus, which is key to their risk profile. They are not taking on credit risk from private-label securities.

• Investment is in Agency RMBS issued by Fannie Mae, Freddie Mac, or Ginnie Mae.
• The portfolio includes traditional pass-through Agency RMBS.
• They also hold structured Agency RMBS like collateralized mortgage obligations (CMOs).
• As of October 31, 2025, the portfolio was detailed for intra-quarter review.

The final proposition is Capital Preservation. This is tied directly to maintaining the book value. As of September 30, 2025, the book value per share stood at $7.33 per share. This focus on preserving capital, supported by disciplined hedging and investment in call-protected specified pools, is central to their approach.

To give you a clearer picture of the Q3 2025 performance that underpinned these value propositions, look at these figures:

Metric	Amount/Value
Net Income (Q3 2025)	$72.1 million
Net Income Per Share (Q3 2025)	$0.53
Net Interest Income (Q3 2025)	$26.9 million
Net Realized/Unrealized Gains (Q3 2025)	$50.6 million
Yield on Average Agency RMBS (Q3 2025)	5.65%
Repurchase Agreement Borrowing Costs (Q3 2025)	4.45%
Adjusted Leverage Ratio (Q3 2025)	7.4 to 1

The yield on the average Agency RMBS portfolio increased to 5.65% in Q3 2025 from 5.38% in Q2 2025, while borrowing costs rose slightly to 4.45%. The company maintained a strong liquidity position of $620.0 million, which was approximately 57% of stockholders' equity at the end of the quarter. They still see room to raise leverage further if returns become even more attractive, but for now, the posture is stable.

Also, consider the components of the return. The net interest income of $0.20 per common share combined with net realized and unrealized gains of $0.37 per common share drove the strong net income of $0.53 per share, which easily covered the $0.36 dividend paid that quarter. That excess, the $0.12 per share, is what accreted to the book value, supporting the capital preservation goal.

Finance: draft 13-week cash view by Friday.

Orchid Island Capital, Inc. (ORC) - Canvas Business Model: Customer Relationships

You're managing your capital, looking for consistent income from your investment in Orchid Island Capital, Inc. (ORC). The relationship here is fundamentally about the delivery of cash flow derived from their specialty finance operations in Agency Residential Mortgage-Backed Securities (RMBS).

Monthly Payouts: Delivering predictable monthly cash distributions to shareholders

Orchid Island Capital, Inc. operates with the intent to make regular monthly cash distributions to its holders of common stock, a structure necessary to maintain its Real Estate Investment Trust (REIT) status by distributing at least 90% of its taxable income annually. For instance, the declared monthly dividend for August 2025 was $0.12 per share, payable on September 29, 2025. This pattern continued, with the November 2025 dividend also declared at $0.12 per share, scheduled for payment on December 30, 2025. To be fair, this predictability is the core of the appeal for many investors seeking income.

Here's a quick look at the recent distribution consistency:

• March 2025 Monthly Dividend: $0.12 per share.
• August 2025 Monthly Dividend: $0.12 per share.
• September 2025 Monthly Dividend: $0.12 per share.
• Total Q3 2025 Dividends Paid: $0.36 per common share.

The capital base supporting these payouts has been growing, though this also means potential dilution for existing holders. As of June 30, 2025, Orchid Island Capital, Inc. had 126,566,926 shares outstanding. By September 8, 2025, that number grew to 146,130,135 shares, representing an increase of approximately 15.5% from June. This capital raising, including issuing approximately $420.2 million gross proceeds under a February 2025 ATM, later upsized to $500 million, shows active capital management.

Investor Transparency: Regular earnings calls and detailed supplemental materials

You get regular updates on the performance driving those distributions. Orchid Island Capital, Inc. communicates results through formal filings and investor presentations. For example, the Third Quarter 2025 Results were announced on October 23, 2025, followed by the Earnings Conference Call on Friday, October 24, 2025, at 10:00 AM ET. These calls and accompanying supplemental materials cover key metrics you need to assess risk and return potential.

The supplemental information provided details on:

• Portfolio composition as of a specific date, such as the RMBS Portfolio Characteristics as of October 31, 2025.
• Book value per common share, which stood at $7.33 at September 30, 2025.
• Net income for the three months ended September 30, 2025, which was $72.1 million, or $0.53 per common share.
• Liquidity position, reported at $620.0 million in cash and cash equivalents and unpledged securities as of September 30, 2025.

The company defintely uses these materials to discuss forward-looking statements regarding interest rates, hedging, and anticipated returns on investments.

Standardized Service: Relationship is transactional through the public stock market

Ultimately, your relationship with Orchid Island Capital, Inc. is standardized because you are interacting through the public stock market, NYSE: ORC. This means the interaction is primarily transactional-buying, holding for the dividend, or selling-rather than a direct, personalized service relationship. The ownership structure reflects this broad, public engagement. As of mid-2025 data, the general public, which includes retail investors like yourself, collectively holds a 57% stake in the company. Institutional investors account for 31% of the ownership.

This structure means your investment is priced on the exchange, with the share price as of December 4, 2025, recorded at $7.31 / share. This contrasts with the price a year prior on December 5, 2024, which was $7.81 / share.

Here is a snapshot of the shareholder base:

Shareholder Type	Approximate Ownership (%)	Key Characteristic
General Public (Individual Investors)	57%	Largest ownership group, influencing dividend policy.
Institutional Investors	31%	Includes major holders like BlackRock, Inc. and Vanguard Group Inc.
Insiders	Under 1%	Low direct ownership by board members.

Orchid Island Capital, Inc. (ORC) - Canvas Business Model: Channels

You're looking at how Orchid Island Capital, Inc. (ORC) gets its information and stock out to the world. It's all about public access and regulatory compliance, which is key for a mortgage REIT.

Stock Exchange

Orchid Island Capital, Inc. trades publicly on the New York Stock Exchange (NYSE: ORC). This is the primary venue for liquidity and price discovery. As of December 4, 2025, the stock price was $7.31. That price sits within the forecasted 2025 trading channel, which analysts pegged between $6.81 and $7.37. The stock has seen a 52-week range, hitting a high of $9.01 and a low of $5.69. Trading activity on December 4, 2025, involved approximately 5 million shares changing hands, representing about $36.49 million in value for that day.

The exchange listing is supported by the following market metrics as of late 2025:

Metric	Value	Date/Period
Last Traded Price (Dec 4, 2025)	$7.31	End of Day, Dec 4, 2025
52-Week High Price	$9.01	2025
52-Week Low Price	$5.69	2025
Daily Trading Volume (Dec 4, 2025)	5 million shares	Dec 4, 2025
Analyst Forecasted 2025 Max Price	$7.37	2025

Investor Relations Website

The Investor Relations section on the Orchid Island Capital, Inc. website is where you find the deep dive, especially the required regulatory filings. This channel is crucial for due diligence. For instance, the results for the third quarter ended September 30, 2025, were announced on October 23, 2025, via a Form 8-K filing. That report detailed a book value per common share of $7.33 as of September 30, 2025. Net income for that quarter was $72.1 million, translating to $0.53 per common share.

The website serves as the repository for official disclosures, including:

• SEC Filings, such as the Form 8-K from November 12, 2025, announcing the November dividend.
• Quarterly reports like the Form 10-Q filed around October 24, 2025.
• Press releases, such as the one on October 23, 2025, detailing Q3 2025 results.
• Insider trading reports, like Form 4 filings from December 1, 2025.

Financial Media

Earnings reports and dividend announcements get broad distribution through financial media outlets, which helps disseminate key financial data quickly to a wider audience. Orchid Island Capital, Inc. pays its dividends monthly, which is a significant point for income-focused investors. The November 2025 monthly common stock dividend was declared at $0.12 per share, with an ex-dividend date of November 28, 2025, and a payment date set for December 30, 2025. This consistent payout results in an annual dividend of $1.44 per share, translating to a trailing dividend yield (TTM) of 19.70% as of late 2025.

Here's a snapshot of the key distribution metrics:

The frequency and yield are central to how the market views the company's distribution policy:

• Payout Frequency: Monthly.
• Annual Dividend Amount: $1.44 per share.
• Trailing Twelve Month (TTM) Dividend Yield: 19.70%.
• Latest Declared Monthly Dividend: $0.120 per share.
• Payout Ratio: 250.97% (based on annual dividend data).

Orchid Island Capital, Inc. (ORC) - Canvas Business Model: Customer Segments

You're looking at the core groups Orchid Island Capital, Inc. (ORC) serves, which are primarily capital providers attracted by its mortgage real estate investment trust (mREIT) structure and focus on Agency Residential Mortgage-Backed Securities (RMBS).

Income-Focused Investors: Individuals and institutions seeking high, regular dividends

This segment is drawn by the promise of consistent, high-yield cash distributions, a requirement for maintaining its Real Estate Investment Trust (REIT) status, which mandates distributing at least 90% of taxable income annually. The actual distribution history confirms this focus.

• Monthly dividend declared for August 2025 was $0.12 per share.
• Monthly dividend declared for September 2025 was $0.12 per share.
• The annual dividend is stated as $1.44 per share.
• The corresponding dividend yield was noted at 19.70%.
• Total dividends declared and paid in the third quarter of 2025 amounted to $0.36 per common share.

This regular payout structure is central to attracting investors prioritizing current income over pure capital appreciation. It's defintely a key part of the value proposition for this group.

Retail and Institutional Shareholders: Holders of the common stock

This group represents the direct equity owners of Orchid Island Capital, Inc. The size and composition of this base are important indicators of market confidence and capital structure. As of the third quarter of 2025, the number of shares outstanding was a key metric for this segment.

The total number of common shares outstanding as of September 30, 2025, was 148,239,401. This aligns with the reported figure of approximately 148.2 million shares outstanding. Furthermore, the ownership mix shows a significant presence from professional capital allocators.

Shareholder Type	Ownership Characteristic	Data Point (Late 2025)
Institutional Investors	Percentage of shares owned	About 32.0%
Common Stock	Shares Outstanding (as of September 30, 2025)	148,239,401 shares
Book Value Per Share	Value as of September 30, 2025	$7.33

The company also reported a strong liquidity position of $620.0 million in cash and cash equivalents and unpledged securities as of September 30, 2025, which supports shareholder confidence.

Financial Analysts: Professionals who track and value mREIT performance

This segment consumes detailed financial reporting to generate research, ratings, and price targets, influencing broader market perception. Orchid Island Capital, Inc. actively engages this group through scheduled disclosures.

• The company provides supplemental materials and press releases following quarterly results.
• The Third Quarter 2025 Earnings Conference Call took place on October 24, 2025.
• The company is externally managed and advised by Bimini Advisors, LLC, which is registered with the Securities and Exchange Commission.

Analysts use data points like the Q3 2025 net income of $72.1 million, or $0.53 per common share, to model future performance. Finance: draft 13-week cash view by Friday.

Orchid Island Capital, Inc. (ORC) - Canvas Business Model: Cost Structure

The Cost Structure for Orchid Island Capital, Inc. is heavily weighted toward financing costs, which is typical for a mortgage REIT that uses leverage to enhance returns on its Agency residential mortgage-backed securities (RMBS) portfolio. The primary focus is on managing the cost of funds relative to the yield earned on assets.

Interest Expense is the single largest component of the cost base, driven by the repurchase agreement (repo) borrowings used to finance the asset portfolio. For the third quarter of 2025, this primary cost totaled $81.5 million. This figure reflects the cost associated with the outstanding repurchase obligations, which stood at approximately $8.0 billion as of September 30, 2025, carrying a net weighted average borrowing rate of 4.33%.

Total non-interest expenses, which cover the day-to-day running of the REIT and its management, were reported at $5.4 million for Q3 2025, or $0.04 per common share. This figure encapsulates the management fees paid to Bimini Advisors, LLC, and the general operating costs.

The key cost elements are detailed below, showing the scale of financing costs versus operational overhead.

Cost Component	Q3 2025 Amount (USD Millions)	Context/Rate
Interest Expense (Repo Borrowings)	$81.5 million	Primary cost; repo rate was 4.33% at period end.
Total Non-Interest Expenses	$5.4 million	Includes management fees and operating costs.
Management Fees (Example)	$3.0 million	Management fee component for Q2 2025; included in Q3 total.
Repurchase Obligation Balance	~$8.0 billion	Balance collateralized by RMBS assets.

Hedging costs are a critical, though sometimes less transparent, part of the cost structure. Orchid Island Capital utilizes derivative instruments, such as interest rate swaps, to manage funding cost risk. While the company reported net realized and unrealized gains of $50.6 million on RMBS and derivative instruments in Q3 2025, the specific premium and net interest paid solely for hedging is embedded within these figures or operating expenses. The company noted that its total hedge notional stood at $5.6 billion, covering approximately 70% of repo funding liabilities as of September 30, 2025.

Operating Expenses represent the general and administrative costs of running the REIT, separate from the interest paid on borrowings and the fees paid to the external manager. These costs are aggregated within the total non-interest expenses. You should look at the following breakdown of expense categories for context:

• Salaries and Employee Benefits: Reported as $0.50 million in one reported quarter.
• Other Operating Expenses: Reported figures varied, such as $3.99 million in one quarter.
• Management Fees: Paid to Bimini Advisors, LLC, for managing the portfolio and operations.

The management agreement dictates that Bimini Advisors receives monthly management fees based on tiers of Orchid Island Capital's equity, plus expense reimbursements. For instance, in Q2 2025, Bimini Advisors received $3.0 million in management fees, along with $0.6 million in overhead reimbursement and $0.2 million in other fees, totaling $3.8 million in advisory service revenue for that quarter.

Orchid Island Capital, Inc. (ORC) - Canvas Business Model: Revenue Streams

You're looking at how Orchid Island Capital, Inc. (ORC) actually makes money from its portfolio of Agency RMBS (Residential Mortgage-Backed Securities). The core of the income generation is the spread between what they earn on assets and what they pay on borrowings, which is the Net Interest Income (NII). For the third quarter of 2025, the NII was reported at $26.9 million.

Here's a quick look at the main components that made up the top-line performance for the three months ended September 30, 2025:

Revenue Component	Q3 2025 Amount (Millions USD)
Net Interest Income (NII)	$26.9
Net Realized & Unrealized Gains (RMBS/Derivatives)	$50.6
Total Interest Income on Portfolio	$108.4
Total Expenses	$5.4

The gains component is critical for a mortgage REIT, reflecting changes in the market value of the assets and hedges. Orchid Island Capital recorded net realized and unrealized gains on Agency RMBS and derivative instruments totaling $50.6 million for Q3 2025. This strong performance on the asset side, combined with the core NII, drove the overall financial results. The total interest earned on the RMBS portfolio reached $108.4 million in the third quarter. The total return for the quarter was 6.7%, which is comprised of the dividend and book value accretion.

When you map this out, you see the profitability drivers clearly:

• Net Income for Q3 2025 was $72.1 million.
• Book Value per Common Share ended at $7.33 as of September 30, 2025.
• Dividends declared and paid for the quarter were $0.36 per common share.
• The yield on average Agency RMBS increased to 5.65% for Q3 2025.

The yield on average Agency RMBS increased from 5.38% in Q2 2025, while borrowing costs rose to 4.45% from 4.23% the prior quarter. Finance: draft 13-week cash view by Friday.