With 2.93 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.43 million shares. The 52-week range on ORC shows that it touched its highest point at $9.08 and its lowest point at $7.41 during that stretch. It currently has a 1-year price target of $9.50. With its current market cap of 695.53 million, ORC has annualized dividend of $1.44 while the current yield stands at 16.23%. Beta for the stock currently stands at 1.90.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ORC was up-trending over the past week, with a rise of 6.23%, but this was up by 10.60% over a month. Three-month performance surged to 13.57% while six-month performance rose 7.91%. The stock gained 6.10% in the past year, while it has gained 14.01% so far this year. A look at the trailing 12-month EPS for ORC yields 0.61 with Next year EPS estimates of 0.43. For the next quarter, that number is 0.10. This implies an EPS growth rate of 342.59% for this year and -1.53% for next year.
Float and Shares Shorts:
At present, 82.62 million ORC shares are outstanding with a float of 78.18 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ORC since 2 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.24667 being high and -$0.24667 being low. For ORC, this leads to a yearly average estimate of -$0.24667. Based on analyst estimates, the high estimate for the next quarter is $0.27 and the low estimate is $0.04. The average estimate for the next quarter is thus $0.14.
