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Get filing alertsOrchid Island Capital estimates Q3 book value of $6.02/share and GAAP net loss of $0.90/share
Filed October 14, 2026 · Period ending October 14, 2026 · ~1 min read
Key Changes
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Estimated book value per share was $6.02 as of September 30, 2026, based on preliminary total stockholders' equity of approximately $1.2 billion and 194,661,864 shares outstanding.
Item 2.02 verify on EDGAR → -
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Estimated GAAP net loss per share was $0.90 for Q3 2026, including an estimated $1.17 per share of net realized and unrealized losses on RMBS and derivative instruments.
Item 2.02 verify on EDGAR → -
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Estimated total return on equity for Q3 2026 was (12.5)%, comprised of dividends per share of $0.30 and a decrease in book value per share of $(1.20) from June 30, 2026.
Exhibit 99.1 view on EDGAR → -
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Board declared a monthly common stock dividend of $0.10 per share for October 2026, payable November 27, 2026 to holders of record on October 30, 2026, with an ex-dividend date of October 30, 2026.
Item 8.01 verify on EDGAR → -
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All figures are preliminary, subject to change, and subject to review by the company's independent registered public accounting firm.
Item 2.02 verify on EDGAR →
Summary
Orchid Island Capital disclosed preliminary third-quarter 2026 estimates showing a book value of $6.02 per share and a GAAP net loss of $0.90 per share. The loss was driven by an estimated $1.17 per share of net realized and unrealized losses on RMBS and derivative instruments, reflecting mark-to-market pressure on the portfolio and hedges. The estimated total return on equity for the quarter was (12.5)%, composed of $0.30 per share in dividends and a $1.20 per share decline in book value from June 30, 2026.
The company also declared its regular monthly dividend of $0.10 per share for October 2026, payable November 27 to holders of record on October 30. All figures are preliminary and subject to review by the company's independent auditor. For a mortgage REIT, the decline in book value and negative total return are the key items for shareholders to weigh against the dividend yield.
Section-by-Section Diff
Event · Item 2.02 — Results of Operations and Financial Condition
Orchid Island Capital disclosed preliminary Q3 2026 estimates: book value $6.02/share and GAAP net loss $0.90/share.
Added in current filing · verify on EDGAR →
estimated book value of $6.02 per share as of September 30, 2026
The company announced a preliminary estimated book value of $6.02 per share as of September 30, 2026. This is a key metric for mortgage REITs, reflecting the estimated net asset value backing each share.
Added in current filing · verify on EDGAR →
estimated GAAP net loss per share of $0.90
The company reported a preliminary estimated GAAP net loss of $0.90 per share for the quarter ended September 30, 2026. This indicates the company lost money on a per-share basis during the quarter.
Added in current filing · verify on EDGAR →
These figures and the estimated book value per share and estimated GAAP net income per share are preliminary, subject to change, and subject to review by the Company’s independent registered public accounting firm.
All disclosed figures are preliminary and may change after review by the company's independent auditor. Investors should treat these numbers as estimates rather than final results.
Event · Exhibit 99.1
Added in current filing · view on EDGAR →
Total Mortgage Assets | $ 11,270,366 | $ 10,765,592 | 100.00 %
The RMBS portfolio had a fair value of approximately $10.77 billion as of September 30, 2026, with total borrowings of approximately $10.36 billion at a weighted average repo rate of 3.99%. The portfolio is concentrated in 30-year fixed-rate pass-through securities, with Fannie Mae and Freddie Mac assets representing 52.1% and 47.9% of the portfolio, respectively.
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Figures/quotes linked to EDGAR · Narrative written by AI · Oct 15, 2026 · How we verify