{"id":19449,"date":"2026-07-13T04:36:40","date_gmt":"2026-07-13T09:36:40","guid":{"rendered":"https:\/\/1reason.com\/re\/orchid-island-capital-announces-estimated-second-quarter-2026-results-and-june-30-2026-rmbs-portfolio-characteristics\/19449\/"},"modified":"2026-07-13T23:36:40","modified_gmt":"2026-07-14T04:36:40","slug":"orchid-island-capital-announces-estimated-second-quarter-2026-results-and-june-30-2026-rmbs-portfolio-characteristics","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/orchid-island-capital-announces-estimated-second-quarter-2026-results-and-june-30-2026-rmbs-portfolio-characteristics\/19449\/","title":{"rendered":"Orchid Island Capital Announces Estimated Second Quarter 2026 Results and June 30, 2026 RMBS Portfolio Characteristics"},"content":{"rendered":"
, July 13, 2026 (GLOBE NEWSWIRE) — Orchid Island Capital, Inc. (the \u201cCompany\u201d) (NYSE: ORC) announced today its estimated second quarter of 2026 results and portfolio characteristics as of June 30, 2026. <\/p>\n

Shares Outstanding<\/strong><\/p>\n

As of July 13, 2026 and June 30, 2026, the Company had 199,603,438 shares of common stock outstanding. As of March 31, 2026, the Company had 196,700,226 shares of common stock outstanding.<\/p>\n

EstimatedJune 30, 2026Book Value Per Share<\/strong><\/p>\n

The Company\u2019s estimated book value per share as ofJune 30, 2026was $7.22. The Company computes book value per share by dividing total stockholders’ equity by the total number of outstanding shares of common stock. AtJune 30, 2026, the Company’s preliminary estimated total stockholders’ equity was approximately $1.4 billion with199,603,438shares of common stock outstanding. These figures and the resulting estimated book value per share are preliminary, subject to change, and subject to review by the Company\u2019s independent registered public accounting firm.<\/p>\n

Estimated Net Income<\/strong>Per Share<\/strong>and Realized and Unrealized Gains on RMBS and Derivative Instruments<\/strong><\/p>\n

The Company estimates it generated net incomeper share of $0.44for the quarter endedJune 30, 2026,which includes an estimated $0.18per shareof net realized and unrealizedgains on RMBS and derivative instruments.These amounts compare to total dividends declared during the quarter of $0.30per share.Netincomeper common share calculated under generally accepted accounting principles can, and does, differ from our real estate investment trust (“REIT”) taxable income. The Company views REIT taxable income as a better indication of income to be paid in the form of a dividend rather than net income. Many components of REIT taxable income can only be estimated at this time and our monthly dividends declared are based on both estimates of REIT taxable income to be earned over the course of the current quarter and calendar year and a longer-term estimate of the REIT taxable income of the Company. These figures are preliminary, subject to change, and subject to review by the Company\u2019s independent registered public accounting firm.<\/p>\n

Estimated Total Return on Equity<\/strong><\/p>\n

The Company\u2019s estimated total return on equity for the quarter ended June 30, 2026 was 6.2%. The Company calculates total return on equity as the sum of dividends declared and paid during the quarter plus changes in book value during the quarter, divided by the Company\u2019s stockholders\u2019 equity at the beginning of the quarter. The total return was $0.44 per share, comprised of dividends per share of $0.30 and an increase in book value per share of $0.14 from June 30, 2026.<\/p>\n

RMBS Portfolio Characteristics<\/strong><\/p>\n

Details of the RMBS portfolio as ofJune 30, 2026are presented below.These figures are preliminary and subject to change and, with respect to figures that will appear in the Company\u2019s financial statements and associated footnotes as of and for the quarter endedJune 30, 2026, are subject to review by the Company\u2019s independent registered public accounting firm:<\/p>\n