Orchid Island Capital Past Earnings Performance
Past criteria checks 0/6
Orchid Island Capital's earnings have been declining at an average annual rate of -32.6%, while the Mortgage REITs industry saw earnings growing at 7.1% annually. Revenues have been declining at an average rate of 33.2% per year.
Key information
-32.6%
Earnings growth rate
-14.5%
EPS growth rate
| Mortgage REITs Industry Growth | 4.5% |
| Revenue growth rate | -33.2% |
| Return on equity | -4.8% |
| Net Margin | 402.1% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Orchid Island Capital: Decent Results But Long-Term Issues Remain
Apr 25Orchid Island Capital: Another Heavy Leverage, High Yield REIT
Jan 11Orchid Island Capital: Still A Bad Investment Choice
Dec 13Orchid Island Capital: 21% Dividend Yield May Be Cut As Net Interest Income Crumbles
Sep 09Orchid Island Capital: Looks Like A Yield Trap
Jul 07Orchid Island Capital declares $0.16 dividend
Feb 15Orchid Island Capital declares $0.16 dividend
Jan 11Orchid Island Capital declares $0.16 dividend
Dec 13Orchid Island Capital declares $0.16 dividend
Nov 09Orchid Island Capital EPS of -$2.40, Net interest income of $14.25M
Oct 27Orchid Island Capital: Bankruptcy Appears Likely As Rate-Shock Worsens
Oct 11Orchid Island Capital: Finally Not Awful
Sep 20Orchid Island Capital declares $0.16 dividend
Sep 12Orchid Island Capital: Insolvency Risks Grow As Fed Considers MBS Sales
Aug 24Orchid Island Capital announces 1-for-5 reverse stock split, monthly dividend
Aug 17Orchid Island Capital declares $0.045 dividend
Jul 13Orchid Island Capital: Tempting 18% Yield But Stay Far Away From This Island!
Jun 03Revenue & Expenses Breakdown
How Orchid Island Capital makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | -6 | -23 | 14 | 0 |
| 31 Dec 23 | -21 | -39 | 15 | 0 |
| 30 Sep 23 | -10 | -31 | 16 | 0 |
| 30 Jun 23 | -14 | -36 | 15 | 0 |
| 31 Mar 23 | -88 | -106 | 15 | 0 |
| 31 Dec 22 | -241 | -258 | 15 | 0 |
| 30 Sep 22 | -320 | -338 | 15 | 0 |
| 30 Jun 22 | -210 | -227 | 14 | 0 |
| 31 Mar 22 | -168 | -184 | 13 | 0 |
| 31 Dec 21 | -50 | -65 | 12 | 0 |
| 30 Sep 21 | 10 | -4 | 11 | 0 |
| 30 Jun 21 | 11 | -2 | 10 | 0 |
| 31 Mar 21 | 76 | 64 | 9 | 0 |
| 31 Dec 20 | 13 | 2 | 8 | 0 |
| 30 Sep 20 | 15 | 4 | 8 | 0 |
| 30 Jun 20 | -22 | -32 | 8 | 0 |
| 31 Mar 20 | -67 | -78 | 8 | 0 |
| 31 Dec 19 | 35 | 24 | 8 | 0 |
| 30 Sep 19 | -10 | -21 | 8 | 0 |
| 30 Jun 19 | -4 | -15 | 8 | 0 |
| 31 Mar 19 | -6 | -17 | 8 | 0 |
| 31 Dec 18 | -32 | -44 | 9 | 0 |
| 30 Sep 18 | -12 | -24 | 9 | 0 |
| 30 Jun 18 | 6 | -6 | 9 | 0 |
| 31 Mar 18 | -5 | -17 | 9 | 0 |
| 31 Dec 17 | 13 | 2 | 8 | 0 |
| 30 Sep 17 | -2 | -12 | 8 | 0 |
| 30 Jun 17 | 3 | -7 | 8 | 0 |
| 31 Mar 17 | 18 | 9 | 7 | 0 |
| 31 Dec 16 | 11 | 2 | 7 | 0 |
| 30 Sep 16 | 39 | 30 | 7 | 0 |
| 30 Jun 16 | 9 | 0 | 7 | 0 |
| 31 Mar 16 | -1 | -9 | 7 | 0 |
| 31 Dec 15 | 9 | 1 | 7 | 0 |
| 30 Sep 15 | 4 | -3 | 6 | 0 |
| 30 Jun 15 | 20 | 13 | 6 | 0 |
| 31 Mar 15 | 32 | 26 | 5 | 0 |
| 31 Dec 14 | 29 | 25 | 4 | 0 |
| 30 Sep 14 | 26 | 22 | 3 | 0 |
| 30 Jun 14 | 17 | 15 | 2 | 0 |
| 31 Mar 14 | 4 | 2 | 2 | 0 |
| 31 Dec 13 | 1 | -1 | 1 | 0 |
| 30 Sep 13 | -1 | -2 | 1 | 0 |
| 30 Jun 13 | 0 | -1 | 1 | 0 |
Quality Earnings: ORC is currently unprofitable.
Growing Profit Margin: ORC is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ORC is unprofitable, and losses have increased over the past 5 years at a rate of 32.6% per year.
Accelerating Growth: Unable to compare ORC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ORC is unprofitable, making it difficult to compare its past year earnings growth to the Mortgage REITs industry (2%).
Return on Equity
High ROE: ORC has a negative Return on Equity (-4.77%), as it is currently unprofitable.