Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Orchid Island Capital's share price for the quarter that ended in Dec. 2023 was $8.43. Orchid Island Capital's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 51.64 Mil. Therefore, Orchid Island Capital's market cap for the quarter that ended in Dec. 2023 was $435.29 Mil.
Orchid Island Capital's quarterly market cap
declined
from Jun. 2023 ($454.33 Mil) to Sep. 2023 ($445.35 Mil) and
declined
from Sep. 2023 ($445.35 Mil) to Dec. 2023 ($435.29 Mil).
Orchid Island Capital's annual market cap
declined
from Dec. 2021 ($796.47 Mil) to Dec. 2022 ($386.03 Mil) but then
increased
from Dec. 2022 ($386.03 Mil) to Dec. 2023 ($435.29 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Orchid Island Capital's Enterprise Value for Today is $259.32 Mil.
Orchid Island Capital Market Cap Historical Data
The historical data trend for Orchid Island Capital's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Orchid Island Capital Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Market Cap
368.91
397.10
796.47
386.03
435.29
Orchid Island Capital Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Market Cap
386.03
419.39
454.33
445.35
435.29
Competitive Comparison
For the REIT - Mortgage subindustry, Orchid Island Capital's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Orchid Island Capital Market Cap Distribution
For the REITs industry and Real Estate sector, Orchid Island Capital's Market Cap distribution charts can be found below:
* The bar in red indicates where Orchid Island Capital's Market Cap falls into.
Orchid Island Capital Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Orchid Island Capital's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Orchid Island Capital (NYSE:ORC) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Orchid Island Capital Market Cap Related Terms
Thank you for viewing the detailed overview of Orchid Island Capital's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Orchid Island Capital (Orchid Island Capital) Business Description
Orchid Island Capital Inc invests in residential mortgage-backed securities (RMBS) across the United States. The principal and interest payments of its RMBS are guaranteed by the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation, or the Government National Mortgage Association, and are backed by single-family residential mortgage loans. The company's investment portfolio is divided into two categories namely traditional pass-through Agency RMBS; and structured Agency RMBS, such as collateralized mortgage obligations, interest-only securities, inverse interest-only securities, and principal-only securities, among other types of structured Agency RMBS.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ORC has been successfully added to your 