Orchid Island Capital – Consensus Indicates Potential 28.5% Upside

Broker Ratings

Orchid Island Capital found using ticker (ORC) now have 2 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 4.25 and 3.5 and has a mean target at 3.88. With the stocks previous close at 3.02 this now indicates there is a potential upside of 28.5%. The 50 day MA is 3.19 and the 200 day moving average is 4.33. The company has a market cap of $530m. Visit the company website at: https://www.orchidislandcapital.com

The potential market cap would be $680m based on the market concensus.

You can now share this on Stocktwits, just click the logo below and add the ticker in the text to be seen.

Share on Stocktwits

Orchid Island Capital, a specialty finance company, invests in residential mortgage-backed securities (RMBS) in the United States. The company’s RMBS is backed by single-family residential mortgage loans, referred as Agency RMBS. Its portfolio includes traditional pass-through Agency RMBS, such as mortgage pass through certificates and collateralized mortgage obligations; and structured Agency RMBS comprising interest only securities, inverse interest only securities, and principal only securities. The company qualifies as a real estate investment trust for federal income tax purposes. Orchid Island Capital was incorporated in 2010 and is based in Vero Beach, Florida.

Find more news, interviews, share price & company profile here for:

    Good news travels fast (but only if you make that happen). Share on:


      AIM All Share Index