The latest price target for Orchid Island Cap (NYSE:ORC) was reported by Janney Montgomery Scott on June 6, 2024. The analyst firm set a price target for $9.50 expecting ORC to rise to within 12 months (a possible 14.05% upside). 3 analyst firms have reported ratings in the last year.

The latest analyst rating for Orchid Island Cap (NYSE:ORC) was provided by Janney Montgomery Scott, and Orchid Island Cap initiated their buy rating.

The last upgrade for Orchid Island Capital Inc happened on January 24, 2022 when JonesTrading raised their price target to $4.25. JonesTrading previously had a hold for Orchid Island Capital Inc.

The last downgrade for Orchid Island Capital Inc happened on August 8, 2022 when Ladenburg Thalmann changed their price target from N/A to N/A for Orchid Island Capital Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Orchid Island Cap, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Orchid Island Cap was filed on June 6, 2024 so you should expect the next rating to be made available sometime around June 6, 2025.

While ratings are subjective and will change, the latest Orchid Island Cap (ORC) rating was a initiated with a price target of $0.00 to $9.50. The current price Orchid Island Cap (ORC) is trading at is $8.33, which is within the analyst’s predicted range.