Orchid Island Capital, Inc. (ORC) is a publicly traded company in the Real Estate sector, operating within the REIT - Mortgage industry. The company is headquartered in Vero Beach, FL, United States. The current CEO is Robert E. Cauley.
ORC has IPO date of 2013-02-14, listed on the NYSE, a market capitalization of $1.11B.
Orchid Island Capital, Inc., a specialty finance company, invests in residential mortgage-backed securities (RMBS) in the United States. The company's RMBS is backed by single-family residential mortgage loans, referred as Agency RMBS. Its portfolio includes traditional pass-through Agency RMBS, such as mortgage pass through certificates and collateralized mortgage obligations; and structured Agency RMBS comprising interest only securities, inverse interest only securities, and principal only securities. The company qualifies as a real estate investment trust for federal income tax purposes. Orchid Island Capital, Inc. was incorporated in 2010 and is based in Vero Beach, Florida.