Orchid Island Capital – Consensus Indicates Potential 4.4% Upside

Broker Ratings

Orchid Island Capital found using ticker (ORC) now have 2 analysts in total covering the stock. The consensus rating is ‘Strong_Buy’. The range between the high target price and low target price is between 6 and 5.5 calculating the mean target price we have 5.75. Given that the stocks previous close was at 5.51 this now indicates there is a potential upside of 4.4%. The 50 day MA is 5.33 and the 200 day moving average is 5.2. The company has a market cap of $416m. You can visit the company’s website by visiting: http://www.orchidislandcapital.com

Orchid Island Capital, a specialty finance company, invests in residential mortgage-backed securities (RMBS) in the United States. The company’s RMBS are backed primarily 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. The company was founded in 2010 and is headquartered in Vero Beach, Florida.

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