Orchid Island Capital found using ticker (ORC) have now 2 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 6 and 4.25 with the average target price sitting at 5.13. Given that the stocks previous close was at 3.88 this is indicating there is a potential upside of 32.2%. The 50 day MA is 4.28 and the 200 moving average now moves to 4.91. The company has a market cap of $674m. Visit the company website at: https://www.orchidislandcapital.com
The potential market cap would be $892m 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.
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, including 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.