Orchid Island Capital, Inc. (ORC) NYSE

7.07

+0.05(+0.71%)

Updated at July 16 09:54AM

Currency In USD

Orchid Island Capital, Inc.

Address

3305 Flamingo Drive

Vero Beach, FL 32963

United States of America

Phone

772 231 1400

Sector

Real Estate

Industry

REIT - Mortgage

Employees

0

First IPO Date

February 14, 2013

Key Executives

NameTitlePayYear Born
Mr. Robert E. Cauley C.F.A., CPAChairman, President & Chief Executive Officer01958
Mr. George Hunter Haas IVChief Financial Officer, Chief Investment Officer, Secretary & Director01976
Mr. Jerry M. Sintes CPAVice President & Treasurer01966

Description

Orchid Island Capital, Inc., a specialty finance company, invests in residential mortgage-backed securities (RMBS) in the United States. The company's RMBS is backed by single-family residential mortgage loans, referred as Agency RMBS. Its portfolio includes traditional pass-through Agency RMBS, such as mortgage pass through certificates and collateralized mortgage obligations; and structured Agency RMBS comprising interest only securities, inverse interest only securities, and principal only securities. The company qualifies as a real estate investment trust for federal income tax purposes. Orchid Island Capital, Inc. was incorporated in 2010 and is based in Vero Beach, Florida.