Orchid Island Capital, Inc.
Orchid Island Capital, Inc. (NYSE: ORC) is a specialty finance company that invests primarily in residential mortgage-backed securities guaranteed by government-sponsored enterprises. The company's website is located at http://ir.orchidislandcapital.com. From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Orchid Island Capital, Inc. does
In the company’s own words
Orchid Island Capital, Inc. (NYSE: ORC) is a specialty finance company that invests primarily in residential mortgage-backed securities guaranteed by government-sponsored enterprises. The company's website is located at http://ir.orchidislandcapital.com.
The company operates as a real estate investment trust structured to provide attractive risk-adjusted total returns to investors through a combination of capital appreciation and regular monthly distributions. Orchid Island Capital's investment portfolio consists of two primary categories of Agency RMBS: traditional pass-through securities such as mortgage certificates and collateralized mortgage obligations issued by the GSEs, and structured Agency RMBS including interest-only securities, inverse interest-only securities, and principal-only securities.
The company's investment strategy focuses on generating income from the net interest margin on leveraged pass-through Agency RMBS portfolios and interest income from unleveraged structured Agency RMBS holdings. The firm finances its pass-through Agency RMBS and certain structured securities through repurchase agreements, typically maintaining short-term borrowings with maturities ranging from one day to one year. The company generally does not employ leverage on structured securities that contain no principal balance, such as interest-only and inverse interest-only securities, due to their inherent structural leverage.
Orchid Island Capital is externally managed by Bimini Advisors, LLC, a wholly-owned subsidiary of Bimini Capital Management, Inc., which has managed investments in Agency RMBS since 2003. The management agreement provides Bimini Advisors with responsibility for administering business activities and day-to-day operations, including portfolio management, trade execution, securities valuation, and risk management functions.
The company maintains an investment strategy emphasizing credit risk mitigation through Agency RMBS backed by diversified mortgage loan pools. Risk management practices include interest rate hedging through derivatives such as Treasury futures, SOFR swaps, interest rate swaps, and swaptions, as well as prepayment risk management through investment in specified pools with documented prepayment histories. The company has no employees and relies entirely on its external manager for operational and investment functions.
Company details
- Sector
- Financials
- Industry (SIC)
- REITs
- Headquarters
- VERO BEACH, FL
- Fiscal year end
- December
- CIK
- 1518621
- SIC
- 6798
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Orchid Island Capital, Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Orchid Island Capital, Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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