Orchid Island Capital Inc [NYSE: ORC] stock went on a downward path that fall over -0.96% on Thursday, amounting to a one-week price increase of more than 1.41%.
Over the last 12 months, ORC stock dropped by -7.46%. The one-year Orchid Island Capital Inc stock forecast points to a potential upside of 10.0. The average equity rating for ORC stock is currently 2.33, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $768.05 million, with 107.79 million shares outstanding and 106.41 million shares in the current float. Compared to the average trading volume of 3.84M shares, ORC stock reached a trading volume of 5094238 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Orchid Island Capital Inc [ORC]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ORC shares is $8.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ORC stock is a recommendation set at 2.33. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Janney have made an estimate for Orchid Island Capital Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on June 06, 2024. The new note on the price target was released on August 08, 2022, representing the official price target for Orchid Island Capital Inc stock.
The Price to Book ratio for the last quarter was 0.91, with the Price to Cash per share for the same quarter was set at 4.93. Price to Free Cash Flow for ORC in the course of the last twelve months was 16.08 with Quick ratio for the last quarter at 0.09.
ORC Stock Performance Analysis:
Orchid Island Capital Inc [ORC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.41. With this latest performance, ORC shares gained by 2.42% in over the last four-week period, additionally sinking by -8.63% over the last 6 months – not to mention a drop of -7.46% in the past year of trading.
Insight into Orchid Island Capital Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Orchid Island Capital Inc [ORC] shares currently have an operating margin of 105.01% and a Gross Margin at 95.97%. Orchid Island Capital Inc’s Net Margin is presently recorded at 13.07%.
Return on Equity for this stock inclined to 0.61%, with Return on Assets sitting at 0.61%.
Orchid Island Capital Inc [ORC] Institutonal Ownership Details
There are presently around $31.05%, or 31.11% of ORC stock, in the hands of institutional investors. The top three institutional holders of ORC stocks are: BLACKROCK INC. with ownership of 5.43 million shares, which is approximately 9.4032%. VANGUARD GROUP INC, holding 2.96 million shares of the stock with an approximate value of $$24.64 million in ORC stocks shares; and VANGUARD GROUP INC, currently with $$10.25 million in ORC stock with ownership which is approximately 2.1266%.
