Orchid Island Capital Files 8-K on Financial Results

TL;DR

**ORC just dropped an 8-K on financial results, time to check their numbers.**

AI Summary

Orchid Island Capital, Inc. filed an 8-K on February 1, 2024, to report on its 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits.' This filing, under SEC File Number 001-35236, indicates that the company is providing an update on its financial performance. For investors, this matters because it offers a timely look into the company's health, which could influence stock price movements and future dividend prospects.

Why It Matters

This filing provides investors with an immediate update on Orchid Island Capital's financial performance, which is crucial for assessing the company's health and making informed investment decisions.

Risk Assessment

Risk Level: low — This 8-K is a routine filing for financial updates and does not inherently present new risks, but rather provides information to assess existing ones.

Analyst Insight

A smart investor would review the detailed financial statements and results of operations once they become available to understand the company's performance and its implications for future dividends or stock valuation.

Key Numbers

• 001-35236 — SEC File Number (identifies the company's registration with the SEC)
• 20240201 — Filing Date (indicates the timeliness of the financial information)
• $0.01 — Par Value per Share (the nominal value of each common stock share)

Key Players & Entities

• Orchid Island Capital, Inc. (company) — the registrant filing the 8-K
• February 1, 2024 (date) — date of earliest event reported and filing date
• 001-35236 (string) — SEC File Number for Orchid Island Capital, Inc.
• Maryland (string) — state of incorporation for Orchid Island Capital, Inc.
• NYSE (string) — exchange where Orchid Island Capital, Inc.'s Common Stock is registered
• $0.01 (dollar_amount) — par value per share of Common Stock

FAQ

Key Financial Figures

• $0.01 — registered: Common Stock , par value $0.01 per share ORC NYSE Indicate by che

Filing Documents

• orc20231129_8k.htm (8-K) — 26KB
• ex_601266.htm (EX-99.1) — 629KB
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• 0001437749-24-002833.txt ( ) — 7080KB
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• orc-20240201_lab.xml (EX-101.LAB) — 14KB
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02. Results of Operations and Financial Condition

Item 2.02. Results of Operations and Financial Condition. On February 1, 2024, Orchid Island Capital, Inc. (the "Company") issued the press release attached hereto as Exhibit 99.1 announcing the Company's results of operations for the period ended December 31, 2023. In addition, the Company posted the supplemental financial information attached hereto as Exhibit 99.2 on the investor relations section of its website (https://ir.orchidislandcapital.com). The press release, attached as Exhibit 99.1, and the supplemental financial information, attached as Exhibit 99.2, are being filed under this "Item 2.02 Results of Operations and Financial Condition," and are incorporated by reference into this Item 2.02. Exhibit 99.1 and Exhibit 99.2 provided with this Form 8-K shall each be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended. Caution About Forward-Looking Statements. This Current Report on Form 8-K contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws, including, but not limited to, statements regarding interest rates, inflation, liquidity, pledging of our structured RMBS, funding levels costs, prepayment speeds, portfolio positioning and repositioning, hedging levels, book value, leverage ratio, earnings, dividends, the supply and demand for Agency RMBS and the performance of the Agency RMBS sector generally, the effect of actual or expected actions of the U.S. government, including the Federal Reserve, market expectations, future opportunities and prospects of the Company, the stock repurchase program and general economic conditions. These forward-looking statements are based upon the Company's present expectations, but the Company cannot assure investors that actual results will not vary from the expectations contained in the forward-looking statements. Investors should not place undue reliance upon forward-looking statements. F

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release dated February 1, 2024 99.2 Fourth Quarter 2023 Supplemental Financial Information 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

Signatures

Signatures Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: February 1, 2024 ORCHID ISLAND CAPITAL, INC. By: /s/ Robert E. Cauley Robert E. Cauley Chairman and Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR