Orchid Island Capital, Inc. 8-K

What Happened

• On July 13, 2026, Orchid Island Capital, Inc. announced preliminary financial results for the quarter ended June 30, 2026: an estimated book value of $7.22 per share as of June 30, 2026 and estimated GAAP net income per share of $0.44 for the quarter. The company said the $0.44 per-share figure includes about $0.18 per share of net realized and unrealized gains on residential mortgage-backed securities (RMBS) and derivative instruments. The company also disclosed certain details about its RMBS portfolio as of June 30, 2026. These figures are preliminary and subject to change and review by the company’s independent registered public accounting firm. A press release dated July 13, 2026 is attached as Exhibit 99.1.

Key Details

• Estimated book value per share: $7.22 (as of June 30, 2026).
• Estimated GAAP net income per share for Q2 2026: $0.44.
• Amount attributable to RMBS and derivatives gains: ~$0.18 per share of the $0.44 GAAP EPS.
• Filed on Form 8-K on July 13, 2026; all figures are preliminary and subject to audit review.

Why It Matters

• Book value per share and GAAP EPS are key metrics for REIT and income-focused investors assessing portfolio performance and net asset value. The reported gains tied to RMBS and derivatives helped drive the quarter’s estimated EPS. Because the numbers are preliminary and awaiting review by auditors, final reported results (and any subsequent filings such as the 10-Q) could differ. Investors should monitor the company’s audited filings and any further disclosures for confirmed results and more detail on the RMBS portfolio.