Market Capitalization (Millions $) |
549 |
Shares
Outstanding (Millions) |
66 |
Employees |
9 |
Revenues (TTM) (Millions $) |
- |
Net Income (TTM) (Millions $) |
38 |
Cash Flow (TTM) (Millions $) |
135 |
Capital Exp. (TTM) (Millions $) |
0 |
Orchid Island Capital Inc
Orchid Island Capital Inc is a specialty finance company that primarily invests in residential mortgage-backed securities (RMBS) in the United States. It focuses on investing in high-quality agency RMBS, which are backed by government-sponsored entities like Fannie Mae and Freddie Mac.
The company aims to generate stable cash flows and income by investing in these agency RMBS. It leverages its expertise in the mortgage market to identify attractive investment opportunities and manage its portfolio effectively.
Orchid Island Capital Inc also employs hedging strategies to manage interest rate risks and optimize its portfolio performance. It closely monitors market conditions and adjusts its investment strategy accordingly. Additionally, the company may invest in other mortgage-related assets, such as mortgage servicing rights, to further diversify its portfolio.
Overall, Orchid Island Capital Inc operates as a real estate investment trust (REIT) and strives to deliver attractive risk-adjusted returns to its shareholders through its residential mortgage-backed securities investments.
Company Address: 3305 Flamingo Drive Vero Beach 32963 FL
Company Phone Number: 231-1400 Stock Exchange / Ticker: NYSE ORC
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