Zacks Rating on Orchid Island Capital (ORC)

Orchid Island Capital (ORC) has an average broker rating of 1, which is interpreted as a Strong Buy, as rated by 2 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Ranking by Zacks Investment Research for Coach Inc is 4, which is also a Sell.

Orchid Island Capital (ORC) : 2 Wall Street analysts covering Orchid Island Capital (ORC) believe that the average level the stock could reach for the short term is $11. The maximum price target given is $11 and the minimum target for short term is around $11, hence the standard deviation is calculated at $0.


Shares of Orchid Island Capital, Inc. rose by 1.77% in the last five trading days and 0.83% for the last 4 weeks. Orchid Island Capital, Inc. is up 7.78% in the last 3-month period. Year-to-Date the stock performance stands at 21.5%. Orchid Island Capital (NYSE:ORC): stock turned positive on Tuesday. Though the stock opened at $10.9, the bulls momentum made the stock top out at $10.995 level for the day. The stock recorded a low of $10.9 and closed the trading day at $10.95, in the green by 0.46%. The total traded volume for the day was 612,373. The stock had closed at $10.9 in the previous days trading.

Orchid Island Capital, Inc. (Orchid) is a specialty finance company that invests in residential mortgage-backed securities (RMBS). The Companys business objective is to provide attractive risk-adjusted total returns to its investors over the long term through a combination of capital appreciation and the payment of regular monthly distributions. The Companys portfolio consists of two categories of Agency RMBS: traditional pass-through Agency RMBS and structured Agency RMBS, such as collateralized mortgage obligations (CMOs), interest only securities (IOs), inverse interest only securities (IIOs) and principal only securities (POs), among other types of structured Agency RMBS. The Company is managed and advised by Bimini Advisors, LLC.

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