Orchid Island Capital Announces First Quarter 2021 Results
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Orchid Island Capital (ORC) Tops Q1 EPS by 3c
April 29, 2021 5:11 PM EDTOrchid Island Capital (NYSE: ORC) reported Q1 EPS of $0.29, $0.03 better than the analyst estimate of $0.26.
First Quarter 2021 Highlights
Net loss of $29.4 million, or $0.34 per common share, which consists of:Net interest income of $24.9 million, or $0.29 per common shareTotal expenses of $3.5 million, or $0.04 per common shareNet realized and unrealized losses of $50.8 million, or $0.60 per common share, on RMBS and derivative instruments, including net interest expense on interest rate swapsFirst quarter total dividends declared and paid of $0.195 per common shareBook value per common share of $4.94 at March 31,... More