GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Orchid Island Capital Inc (NYSE:ORC) » Definitions » Owner Earnings per Share (TTM)

Orchid Island Capital (Orchid Island Capital) Owner Earnings per Share (TTM) : 0.00 (As of Dec. 2023)


View and export this data going back to 2011. Start your Free Trial

What is Orchid Island Capital Owner Earnings per Share (TTM)?

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Orchid Island Capital does not have enough data to calculate Owner Earnings per Share (TTM), so as Price-to-Owner-Earnings ratio.


The historical rank and industry rank for Orchid Island Capital's Owner Earnings per Share (TTM) or its related term are showing as below:



ORC's Price-to-Owner-Earnings is not ranked *
in the REITs industry.
Industry Median: 14.425
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Orchid Island Capital's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $0.38. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.82. It's PE Ratio ratio for today is At Loss.

Orchid Island Capital's EPS without NRI for the three months ended in Mar. 2024 was $0.38. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2024 was $0.00. It's PE Ratio without NRI ratio for today is N/A.


Orchid Island Capital Owner Earnings per Share (TTM) Historical Data

The historical data trend for Orchid Island Capital's Owner Earnings per Share (TTM) 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 Owner Earnings per Share (TTM) Chart

Orchid Island Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Orchid Island Capital Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Owner Earnings per Share (TTM) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Orchid Island Capital's Owner Earnings per Share (TTM)

For the REIT - Mortgage subindustry, Orchid Island Capital's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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's Price-to-Owner-Earnings Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Orchid Island Capital's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Orchid Island Capital's Price-to-Owner-Earnings falls into.



Orchid Island Capital Owner Earnings per Share (TTM) Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

To make it simple, then you will have:

Owner Earnings per Share (TTM) = (Net Income + Depreciation, Depletion and Amortization + Change In Deferred Tax - 5Y Average of Maintenance Capital Expenditure + Change In Working Capital) / Shares Outstanding (Diluted Average)

Orchid Island Capital does not have enough data to calculate Owner Earnings per Share (TTM). Please check Wal-Mart Stores Inc, as your reference.


Be Aware

Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.

Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.


Orchid Island Capital Owner Earnings per Share (TTM) Related Terms

Thank you for viewing the detailed overview of Orchid Island Capital's Owner Earnings per Share (TTM) provided by GuruFocus.com. Please click on the following links to see related term pages.


Orchid Island Capital (Orchid Island Capital) Business Description

Industry
Traded in Other Exchanges
Address
3305 Flamingo Drive, Vero Beach, FL, USA, 32963
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.
Executives
Haas G Hunter Iv director, officer: CFO, CIO and Secretary C/O BIMINI CAPITAL MANAGEMENT, INC., 3305 FLAMINGO DRIVE, VERO BEACH FL 32963
Robert E Cauley director, officer: President, CEO C/O BIMINI MORTGAGE MANAGEMENT, INC., 3305 FLAMINGO DRIVE, SUITE 100, VERO BEACH FL 32963
Bitting W Coleman director 6330 NORTHWOOD AVENUE, ST. LOUIS MO 63105
Paula Morabito director 3305 FLAMINGO DRIVE, VERO BEACH FL 32963
Ava L Parker director 1469 HARRINGTON PARK DRIVE, JACKSONVILLE FL 32225
John Van Heuvelen director 363 HIGH STREET, DENVER CO 80218
Frank P Filipps director 1601 MARKET ST, PHILADELPHIA PA 19103
Bimini Capital Management, Inc. 10 percent owner 3305 FLAMINGO DRIVE, VERO BEACH FL 32963

Orchid Island Capital (Orchid Island Capital) Headlines

From GuruFocus

3 High-Yield Stocks for the Dividend Investor

By Alberto Abaterusso Alberto Abaterusso 02-07-2021

Orchid Island Capital, Inc. Announces Public Offering of Common Stock

By Business Wire Business Wire 01-21-2021

Orchid Island Capital to Announce Fourth Quarter 2020 Results

By Business Wire Business Wire 01-26-2021

Orchid Island Capital to Announce Fourth Quarter 2021 Results

By Business Wire Business Wire 01-26-2022

Orchid Island Capital to Announce First Quarter 2021 Results

By Business Wire Business Wire 04-19-2021