Orchid Island Capital announced preliminary second quarter 2026 results, reporting an estimated GAAP net income of $0.44 per share and an estimated book value of $7.22 per share as of June 30, 2026.

Key Highlights

  • Book value per share increased by an estimated $0.14 to $7.22 during the quarter, driven by gains on its portfolio.
  • The company generated an estimated total return on equity of 6.2% for the quarter, composed of a $0.30 dividend and the $0.14 increase in book value.
  • Net income of $0.44 per share included an estimated $0.18 per share of net realized and unrealized gains on RMBS and derivative instruments.