ORC logo Orchid Island Capital : ORC

ORC

Stock Data

$7.77

Change up

$0.17 (2.17%)

Asset Type

Common Stock

Exchange

NYSE

Currency

USD

Country

USA

Sector

REAL ESTATE

Industry

REIT - MORTGAGE

Orchid Island Capital Inc is a specialty finance firm based in Vero Beach, Florida, focusing on investing in residential mortgage-backed securities (RMBS) in the U.S. These securities are supported by single-family residential mortgage loans. The company's investments include a variety of RMBS, such as mortgage pass-through certificates and more complex structured securities. Orchid Island Capital operates as a real estate investment trust (REIT), allowing it to avoid corporate income tax on income distributed to shareholders, provided it meets certain distribution requirements.

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