Orchid Island Capital Files 8-K on Financials
Ticker: ORC · Form: 8-K · Filed: Jul 25, 2024 · CIK: 1518621
| Field | Detail |
|---|---|
| Company | Orchid Island Capital, Inc. (ORC) |
| Form Type | 8-K |
| Filed Date | Jul 25, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-results, real-estate, reit
Related Tickers: ORCH
TL;DR
ORCH filed an 8-K on 7/25/24 detailing financial results. Check it out.
AI Summary
Orchid Island Capital, Inc. filed an 8-K on July 25, 2024, reporting on its results of operations and financial condition. The filing includes financial statements and exhibits related to its business as a real estate investment trust. The company is incorporated in Maryland and its principal executive offices are located in Vero Beach, Florida.
Why It Matters
This 8-K filing provides investors with updated financial information and operational details for Orchid Island Capital, Inc., crucial for assessing the company's performance and investment potential.
Risk Assessment
Risk Level: low — This filing is a routine 8-K reporting financial results and does not appear to contain any unusual or high-risk information.
Key Players & Entities
- Orchid Island Capital, Inc. (company) — Registrant
- July 25, 2024 (date) — Date of earliest event reported
- Maryland (jurisdiction) — State of Incorporation
- 3305 Flamingo Drive, Vero Beach, Florida 32963 (address) — Principal Executive Offices
- 772-231-1400 (phone_number) — Registrant's telephone number
FAQ
What is the primary purpose of this 8-K filing for Orchid Island Capital, Inc.?
The primary purpose is to report on the company's Results of Operations and Financial Condition, including financial statements and exhibits.
When was the earliest event reported in this filing?
The earliest event reported was on July 25, 2024.
In which state is Orchid Island Capital, Inc. incorporated?
Orchid Island Capital, Inc. is incorporated in Maryland.
What is the business address of Orchid Island Capital, Inc.?
The business address is 3305 Flamingo Drive, Vero Beach, Florida 32963.
What is the SIC code for Orchid Island Capital, Inc.?
The Standard Industrial Classification (SIC) code is 6798 for Real Estate Investment Trusts.
Filing Stats: 780 words · 3 min read · ~3 pages · Grade level 12.2 · Accepted 2024-07-25 16:43:30
Key Financial Figures
- $0.01 — registered: Common Stock , par value $0.01 per share ORC NYSE Indicate by che
Filing Documents
- orc20240610c_8k.htm (8-K) — 25KB
- ex_686376.htm (EX-99.1) — 601KB
- oilogo.jpg (GRAPHIC) — 6KB
- 0001437749-24-023483.txt ( ) — 807KB
- orc-20240725.xsd (EX-101.SCH) — 3KB
- orc-20240725_def.xml (EX-101.DEF) — 11KB
- orc-20240725_lab.xml (EX-101.LAB) — 15KB
- orc-20240725_pre.xml (EX-101.PRE) — 11KB
- orc20240610c_8k_htm.xml (XML) — 3KB
02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition. On July 25, 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 three and six month periods ended June 30, 2024. In addition, the Company posted supplemental financial information on the investor relations section of its website (https://ir.orchidislandcapital.com). The press release, attached as Exhibit 99.1, is being furnished under this "Item 2.02 Results of Operations and Financial Condition," and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any disclosure document of the Company, except as shall be expressly set forth by specific reference in such document. 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 and spreads, prepayment speeds, portfolio composition, positioning and repositioning, hedging levels, dividends, investment and return opportunities, 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, capital raising, future opportunities and prospects of the Company 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. For further discussion of the factor
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release dated July 25, 2024 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: July 25, 2024 ORCHID ISLAND CAPITAL, INC. By: /s/ Robert E. Cauley Robert E. Cauley Chairman and Chief Executive Officer