Orchid Island Capital, Inc. (ORC) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
ORC currently has 189M outstanding shares. with minimal authorized share overhang for future dilution. The company has significantly diluted shareholders by 118.94% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Apr 24, 2026 |
10-Q filing | 189.3M shares outstanding |
190M | 0 |
| Oct 24, 2025 |
10-Q filing | 148.2M shares outstanding |
150M | 0 |
| Jul 28, 2025 |
8-K filing: Orchid Island Capital, Inc. amended its equity distribution agreement with J.P. Morgan Securities LLC, BTIG, LLC, Citizens JMP Securities, LLC and JonesTrading Institutional Services LLC to increase the aggregate offering price of shares by $150,000,000, resulting in a remaining availability of approximately $233.5 million after selling 34,517,584 shares for approximately $266.5 million. ($266.5M proceeds) |
130M | 0 |
| Jul 25, 2025 |
10-Q filing | 126.6M shares outstanding |
130M | 0 |
| Apr 25, 2025 |
10-Q filing | 107.8M shares outstanding |
110M | 0 |
| Feb 21, 2025 |
10-K filing | 82.6M shares outstanding |
83M | 0 |
| Oct 25, 2024 |
10-Q filing | 78.1M shares outstanding |
78M | 0 |
| Jul 26, 2024 |
10-Q filing | 64.8M shares outstanding |
65M | 0 |
| Apr 26, 2024 |
10-Q filing | 51.6M shares outstanding |
52M | 0 |
| Feb 23, 2024 |
10-K filing | 51.6M shares outstanding |
52M | 0 |
| Oct 27, 2023 |
10-Q filing | 52.3M shares outstanding |
52M | 0 |
| Jul 28, 2023 |
10-Q filing | 43.9M shares outstanding |
44M | 0 |
| Apr 28, 2023 |
10-Q filing | 38.5M shares outstanding |
38M | 0 |
| Mar 03, 2023 |
10-K filing | 37.5M shares outstanding |
37M | 0 |
| Jan 25, 2023 |
S-3/A filing: This S-3/A filing carries forward $352,000,198.88 in aggregate offering price and 304,007 shares of common stock (adjusted for a reverse stock split) from a previous registration statement. |
35M | 300K |
| Jan 20, 2023 |
S-3 filing: Orchid Island Capital, Inc. files an S-3 registration statement to offer and sell up to $1,000,000,000 of common stock, preferred stock, debt securities, warrants, and units, as well as up to 569,071 shares of common stock beneficially owned by selling stockholders. |
35M | 570K |
| Oct 28, 2022 |
10-Q filing | 35.3M shares outstanding |
35M | 0 |
| Oct 12, 2022 |
8-K filing: Orchid Island Capital, Inc. announced an increase to its stock repurchase program, authorizing the repurchase of up to an additional 4,300,000 shares of its common stock, resulting in a total authorization of up to 5,046,499 shares. |
35M | 0 |
| Aug 30, 2022 |
Stock Split
8-K filing: Stock split 1-for-5 | Outstanding: 177,015,963 → 35,250,238 |
35M | 0 |
| Aug 05, 2022 |
10-Q filing | 177.0M shares outstanding |
180M | 0 |
| Apr 29, 2022 |
10-Q filing | 177.1M shares outstanding |
180M | 0 |
| Feb 25, 2022 |
10-K filing | 177.0M shares outstanding |
180M | 0 |
| Dec 09, 2021 |
8-K filing: Orchid Island Capital, Inc. announced an increase to its previously announced stock repurchase program, authorizing the repurchase of up to an additional 16,861,994 shares of the Company's common stock, resulting in a total authorization of up to 17,699,305 shares, representing approximately 10% of the Company's currently outstanding shares. |
180M | 0 |
| Oct 29, 2021 |
10-Q filing | 153.3M shares outstanding |
150M | 0 |
| Jul 30, 2021 |
10-Q filing | 117.5M shares outstanding |
120M | 0 |
| Apr 30, 2021 |
10-Q filing | 94.4M shares outstanding |
94M | 1.5M |
| Mar 04, 2021 |
8-K filing: Orchid Island Capital, Inc. entered into an underwriting agreement with J.P. Morgan Securities LLC for the offer and sale of 8,000,000 shares of common stock at $5.45 per share, with an option for the underwriter to purchase an additional 1,200,000 shares, which was exercised in full, resulting in a total offering of 9,200,000 shares. ($50.0M proceeds) |
85M | 1.5M |
| Feb 26, 2021 |
10-K filing | 85.1M shares outstanding |
85M | 1.5M |
| Jan 22, 2021 |
8-K filing: Orchid Island Capital, Inc. entered into an underwriting agreement with J.P. Morgan Securities LLC for the offer and sale of 7,600,000 shares of common stock at $5.20 per share, with the underwriter exercising its option to purchase an additional 1,140,000 shares, resulting in a total offering of 8,740,000 shares and estimated net proceeds of $45.3 million. ($45.3M proceeds) |
69M | 1.5M |
| Oct 30, 2020 |
10-Q filing | 69.3M shares outstanding |
69M | 1.5M |
| Jul 31, 2020 |
10-Q filing | 66.2M shares outstanding |
66M | 1.5M |
| May 01, 2020 |
10-Q filing | 66.2M shares outstanding |
66M | 1.5M |
| Feb 21, 2020 |
10-K filing | 65.1M shares outstanding |
65M | 1.5M |
| Jan 29, 2020 |
S-3 filing: Orchid Island Capital, Inc. may offer and sell, from time to time, in one or more offerings, up to an aggregate of $1,000,000,000 of the common stock, preferred stock, debt securities and units described in this prospectus, and the prospectus also covers the offer and sale from time to time of up to 1,520,036 shares of common stock beneficially owned by the selling stockholder named herein. |
N/A | 1.5M |