NYSE:ORCMortgage REITs
Orchid Island Capital (ORC): Reassessing Valuation After Compass Point Initiation and Strong Q3 Earnings
Compass Point’s new coverage of Orchid Island Capital (ORC) is putting the spotlight on how tighter mortgage spreads and a generous dividend policy could shape returns, especially after the company’s strong third quarter earnings beat.
See our latest analysis for Orchid Island Capital.
That backdrop helps explain why, at a latest share price of $7.27, Orchid Island Capital’s 1 year total shareholder return of 12.9% contrasts with a weaker year to date share price return of negative 7.6%. This...