Orchid Island Capital, Inc. is a specialty finance company that invests in residential mortgage-backed securities (RMBS). The Company's investment portfolio consists of two categories of Agency RMBS: traditional pass-through Agency RMBS, such as mortgage pass-through certificates and collateralized mortgage obligations issued by the government-sponsored enterprise, and structured Agency RMBS, such as interest only securities, inverse interest only securities and principal only securities, among other types of structured Agency RMBS. Its business objective is to provide attractive risk-adjusted total returns to its investors over the long term through a combination of capital appreciation and the payment of regular monthly distributions. The Company intends to achieve this objective by investing in and strategically allocating capital between pass-through Agency RMBS and structured Agency RMBS. The Company is externally managed by Bimini Advisors, LLC.
Company Information
About this company
Key people
Robert E. Cauley
Chairman of the Board, President, Chief Executive Officer
George Hunter Haas
Chief Financial Officer, Chief Investment Officer, Secretary, Director
Frank Peter Filipps
Lead Independent Director
William Coleman Bitting
Independent Director
Paula Morabito
Independent Director
Ava L. Parker
Independent Director
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Key facts
- Shares in issue179.06m
- EPICORC
- ISINUS68571X3017
- LocationUnited States
- SectorFinancial
- IndustryMisc. Financial Services
- Market cap$1.40bn
- Employees0
- ExchangeNew York Stock Exchange
- IndexTR Equity United States Index
- Website
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