Orchid Island Capital posts $178.9 million Q3 2026 net loss, $0.90 per share
Orchid Island Capital reported a third-quarter 2026 net loss of $178.9 million, or $0.90 per common share, compared with net income of $72.1 million, or $0.53 per share, a year earlier. Book value per share fell to $6.02 from $7.54 at December 31, 2025, driven by $231.7 million of net realized and unrealized losses on RMBS and derivatives, and the company declared a $0.30 quarterly dividend.
Key points
- Q3 2026 net loss of $178.9 million, or $0.90 per share, versus net income of $72.1 million, or $0.53 per share, in Q3 2025
- Book value per share was $6.02 at September 30, 2026, versus $7.54 at December 31, 2025
- Dividends declared and paid in the quarter totaled $0.30 per share; a $0.10 dividend was declared October 14, 2026, payable November 27, 2026
- Company repurchased 4,946,123 shares in Q3 2026 and 1,669,704 shares from October 1 through October 22, 2026
The filing
Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 22, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.