ORC
Orchid Island Capital Inc
Halal Rating :
Last Price
$8.01
Last updated:
Market Cap
$628.1m
7D Change
5.12%
1 Year Change
-4.64%
Company Overview
Industries
Exchange
NYSE
Next Earnings Date
Orchid Island Capital Inc is a real estate investment trust (REIT) that invests in residential mortgage-backed securities (RMBS). The company primarily invests in traditional pass-through Agency RMBS and structured Agency RMBS. Agency RMBS are mortgage-backed securities for which the principal and interest payments are guaranteed by a U.S. Government agency or U.S. Government-sponsored entity.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $21.59m | $67.31m | $340000.0 | $67.31m | 1.57% | 100.00% |
| June 30, 2024 | $-26667000.0 | $53.76m | $-697000.0 | $53.76m | 2.61% | 100.00% |
| March 31, 2024 | $23.51m | $51.36m | $-2490000.0 | $51.36m | 10.59% | 100.00% |
Company Impact
Help us evaluate Orchid Island Capital Inc's impact from a halal perspective. Vote on the most significant aspect and submit any considerations that we may have missed.