On October 23 2025, Orchid Island Capital, Inc. (NYSE:ORC) announced its audited third‑quarter 2025 results, reporting net income of $72.1 million and earnings per share of $0.53, up from $17.3 million and $0.16 EPS in the same quarter a year earlier. Revenue for the quarter was $26.92 million, exceeding analyst expectations of $25.33 million. The company also posted net realized and unrealized gains of $50.6 million on its Agency RMBS portfolio and derivative instruments, reflecting effective asset‑liability management.
The quarter’s portfolio performance was robust: the average yield on Agency RMBS increased to 5.65 % from 5.38 % in Q2, while the 3‑month constant prepayment rate (CPR) rose to 10.1 %. Repurchase agreement borrowing costs climbed to 4.45 % from 4.23 %, and the company’s adjusted leverage ratio remained at 7.4 to 1. Liquidity stood at approximately $620 million, comprising cash, cash equivalents, and unpledged securities, providing a strong buffer for potential market volatility.
Orchid Island Capital declared a monthly dividend of $0.36 per share, payable on November 26 2025 to shareholders of record on October 31. The dividend represents a 19.3 % annualized yield, underscoring the REIT’s commitment to delivering consistent monthly income to investors. The ex‑dividend date was set for October 31, aligning with the company’s regular dividend schedule.
The company scheduled an earnings conference call for October 24 2025 at 10:00 AM ET, where management will discuss the quarter’s results in detail and provide forward guidance. The call is expected to address the impact of the steepening yield curve on the portfolio and the company’s strategy for maintaining leverage and liquidity in the current market environment.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.