Orchid Island Capital Inc. (ORC): SEC filing was terrible; ORC downgraded...

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Re: thetruth63 post# 1385

Thursday, 04/15/2021 9:00:30 PM

Thursday, April 15, 2021 9:00:30 PM

SEC filing was terrible; ORC downgraded by MFool.

"April 14 2021 - 05:20PM
Business Wire"

* "Estimated Book Value Per Share as of March 31, 2021 of $4.94
* Estimated GAAP net loss of $0.34 per share for the quarter ended March 31, 2021, including an estimated $0.60 per share of net realized and unrealized losses on RMBS and derivative instruments"

Also from Motley Fool:
Analysts at Jonestrading also downgraded the stock from a hold rating to a sell, while also lowering their price target from $6 per share to $4.75. The stock currently trades at $5.44."

https://ih.advfn.com/stock-market/NYSE/orchid-island-capital-ORC/stock-news/84828327/orchid-island-capital-announces-estimated-first-qu

https://www.fool.com/investing/2021/04/15/why-shares-of-orchid-island-capital-fell-today/

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