Orchid Island Capital announced estimated second quarter 2026 results, reporting a book value per share of $7.22 as of June 30, 2026. The company estimates GAAP net income of $0.44 per share for the quarter, which includes an estimated $0.18 per share of net realized and unrealized gains on RMBS and derivative instruments. Estimated total return on equity for the quarter was 6.2%, with dividends declared of $0.30 per share and an increase in book value per share of $0.14. The RMBS portfolio had a fair value of approximately $11.54 billion as of June 30, 2026, with total borrowings of $11.09 billion across 33 counterparties at a weighted average repo rate of 3.77%. All figures are preliminary and subject to review by the company's independent registered public accounting firm.
Orchid Island Capital Inc.Reported estimated Q2 2026 book value of $7.22 per share, GAAP net income of $0.44 per share, and total return on equity of 6.2%, indicating strong financial performance.