Brief: Orchid Island Capital Q2 EPS USD -0.29

Orchid Island Capital

24/07/2025 21:06

Overview

Orchid Island Capital reports Q2 net loss of $33.6 mln, compared with a loss of $5 mln year ago

Book value per share declines to $7.21, down from $8.09 at year-end

Net realized and unrealized losses on RMBS and derivatives total $51.7 mln

Outlook

Company says it is well positioned to capture the attractive returns available in the market currently

Company says it will benefit if and when the Agency RMBS market recovers

Result Drivers

MARKET VOLATILITY - Reciprocal tariffs and legislative changes led to turbulent financial markets, impacting Orchid's Q2 results

RMBS LOSSES - Net realized and unrealized losses on RMBS and derivatives totaled $51.7 mln, contributing to net loss

BALANCE SHEET REDUCTION - Orchid reduced its balance sheet to maintain prudent leverage levels, incurring modest permanent losses

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
-$0.29
Q2 Net Income
-$33.60 mln
Q2 Net Interest Income
$23.20 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the specialized reits peer group is "buy"

Wall Street's median 12-month price target for Orchid Island Capital Inc is $8.00, about 8.3% above its July 23 closing price of $7.34

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 17 three months ago

Press Release: ID:nGNX3Hmdfd

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)