Orchid Island (ORC) Dividend Payouts Could Limit Book Value Growth, Says Compass Point

Orchid Island Capital, Inc. (NYSE:ORC) ranks among the most undervalued REIT stocks to buy right now. On December 15, Compass Point began coverage of Orchid Island Capital, Inc. (NYSE:ORC), rating it Neutral and setting a $7.50 price target on the stock. Compass Point said that political and policy concerns will come out as significant factors for mortgage asset performance in the following quarters, generating prospects for MBS investors. Even with these favorable aspects, Compass Point was concerned th ...