Orchid Island Capital, Inc. Earnings Recaps
Q2 2026
Jul 26, 2026
Shares declined modestly by 1.1% following Q2 results, reflecting investor caution despite some improvements in earnings and portfolio size, as margin pressure and slower prepayment speeds suggested deceleration in key metrics.
Key takeaways
- Earnings per share improved to $0.44 from a loss of $0.11 in Q1, though dividend was cut by 17% to $0.30.
- Book value increased modestly to $7.22 from $7.08 quarter-over-quarter.
- Average portfolio size grew slightly to $11.4 billion from approximately $11 billion.
- Economic leverage ratio decreased from 7.9:1 to 7.3:1.
- Prepayment speeds slowed significantly to 10.9% from 14.7%, indicating softer portfolio turnover.
Q3 2025
Oct 25, 2025
Orchid Island Capital demonstrated a significant rebound in Q3 2025, reporting net income of $0.53 per share and a total return of 6.7%, compared to a prior loss and negative performance in Q2.
Key takeaways
- Q3 booked a net income of $0.53 per share, recovering from a 29% loss in Q2.
- Total return reached 6.7%, a substantial uplift from the -4.7% recorded in the previous quarter.
- Average portfolio balance increased to $7.7 billion, reflecting enhanced operational scale.
- Liquidity improved to 57.1% from 54% at the end of Q2, reinforcing financial resilience.
- Consistent dividend of $0.36 per share maintained across both quarters, demonstrating commitment to returning value to shareholders.