Earnings call transcript: Orchid Island Capital posts Q3 2026 loss as rates sell-off hits
Orchid Island Capital reported a significant third-quarter loss of $0.90 per share in Q3 2026, falling short of analysts' forecast of $0.29 per share. Revenue for the quarter was $59.13 million, down from the expected $72.03 million. The company's book value per share declined by 16.6% to $6.02 at the end of September. Despite the earnings miss, the company maintained its quarterly dividend at $0.30 per share.
The stock, currently trading at $4.87, has seen a 0.61% decrease from the previous close of $4.90 and remains near the lower end of its 52-week range of $4.75 to $8.40.
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