Orchid Island Capital Q1 2025: $408M in T-Note Futures
Ticker: ORC · Form: 10-Q · Filed: Apr 25, 2025 · CIK: 1518621
| Field | Detail |
|---|---|
| Company | Orchid Island Capital, Inc. (ORC) |
| Form Type | 10-Q |
| Filed Date | Apr 25, 2025 |
| Risk Level | high |
| Sentiment | neutral |
Sentiment: neutral
Topics: real-estate, futures-contracts, interest-rates, 10-q
TL;DR
**ORCHID ISLAND CAPITAL Q1 2025: $408.3M short 5-yr T-note futures, $215.2M short 10-yr T-note futures.**
AI Summary
Orchid Island Capital, Inc. filed its Q1 2025 10-Q report on April 25, 2025, for the period ending March 31, 2025. The company reported total assets of $6,692,991 and total liabilities of $5,209,068. Their portfolio includes significant short positions in 5-Year T-Note futures contracts valued at $408.3 million and 10-Year T-Note futures contracts valued at $215.2 million as of March 31, 2025.
Why It Matters
This filing provides insight into Orchid Island Capital's exposure to interest rate markets through its futures contracts, which can significantly impact its financial performance.
Risk Assessment
Risk Level: high — The company's substantial positions in interest rate futures contracts expose it to significant market volatility and potential losses.
Key Numbers
- $6,692,991 — Total Assets (As of March 31, 2025)
- $5,209,068 — Total Liabilities (As of March 31, 2025)
- $408.3 million — 5-Year T-Note Futures (Short) (Contract value at March 31, 2025)
- $215.2 million — 10-Year T-Note Futures (Short) (Contract value at March 31, 2025)
- $156.9 million — 10-Year Ultra Futures (Short) (Contract value at March 31, 2025)
Key Players & Entities
- Orchid Island Capital, Inc. (company) — Filer of the 10-Q report
- March 31, 2025 (date) — End of the reporting period
- April 25, 2025 (date) — Filing date of the 10-Q
- $408.3 million (dollar_amount) — Value of short 5-Year T-Note futures contracts
- $215.2 million (dollar_amount) — Value of short 10-Year T-Note futures contracts
FAQ
What was Orchid Island Capital's net income for the quarter ending March 31, 2025?
The filing indicates net income of $125,154 for the three months ended March 31, 2025.
How has the value of 5-Year T-Note futures contracts changed since December 31, 2024?
The value of 5-Year T-Note futures contracts increased from $106.30 on December 31, 2024, to $108.16 on March 31, 2025.
What is the total value of Orchid Island Capital's short positions in 10-Year T-Note futures as of March 31, 2025?
The contract value of the short positions in 10-Year T-Note futures was $215.2 million as of March 31, 2025.
What was the company's earnings per share for the first quarter of 2025?
The diluted earnings per share for the three months ended March 31, 2025, was $0.01.
How has the value of 10-Year Ultra futures contracts changed since December 31, 2024?
The value of 10-Year Ultra futures contracts increased from $111.31 on December 31, 2024, to $114.13 on March 31, 2025.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on April 25, 2025 regarding Orchid Island Capital, Inc. (ORC).