Frank Filipps - Orchid Island Lead Independent Director
| ORC Stock | USD 7.90 0.03 0.38% |
Director
Mr. Frank Peter Filipps is Lead Independent Director of Orchid Island Capital, Inc. From 2005 to July 2008, Mr. Filipps served as the Chairman and Chief Executive Officer of Clayton Holdings, Inc., a mortgage services company, leading it through its initial public offering and listing on the Nasdaq, as well as its subsequent sale. Prior to that, Mr. Filipps was employed by the Radian Group, Inc., spending two years as Senior Vice President and Chief Financial Officer, one year as Executive Vice President and Chief Operating Officer and 10 years as Chairman and Chief Executive Officer. In his time with the Radian Group, Inc., Mr. Filipps led the company through its initial public offering and listing on the NYSE. Prior to his tenure with the Radian Group, Inc., Mr. Filipps spent 17 years with American International Group, Inc., where he held multiple Vice Presidentlevel positions and was the President, Chief Executive Officer and founder of AIG Capital Corporationrationration, the first noninsurance financial company within AIG, which focused on interest rate swaps, foreign exchange and equity arbitrage and leveraged buyout bridge financing. Mr. Filipps has served as a director and the chair of the audit committee of Impac Mortgage Holdings, Inc. since 1995, as a director of Primus Guaranty, Ltd. from 2002 through 2014 and as chair of its compensation committee from 2002 to 2006 and its nominating and corporate governance committee from 2007 to 2011. Mr. Filipps has also served as a director of Ready Capital Corporation since 2014. He has also served as a director and chairman of the governance committee of Fortegra Financial Corporationration from 2010 through 2014 and as chair of its nominating and governance committee from 2010 to 2011 and its compensation committee since 2012. since 2017.
| Age | 72 |
| Tenure | 7 years |
| Address | 3305 Flamingo Drive, Vero Beach, FL, United States, 32963 |
| Phone | 772 231 1400 |
| Web | https://www.orchidislandcapital.com |
Frank Filipps Latest Insider Activity
Tracking and analyzing the buying and selling activities of Frank Filipps against Orchid Island stock is an integral part of due diligence when investing in Orchid Island. Frank Filipps insider activity provides valuable insight into whether Orchid Island is net buyers or sellers over its current business cycle. Note, Orchid Island insiders must abide by specific rules, including filing SEC forms every time they buy or sell Orchid Island'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Frank Filipps over a month ago Acquisition by Frank Filipps of 3041 shares of Orchid Island subject to Rule 16b-3 |
Orchid Island Management Efficiency
The company has Return on Asset of 0.0109 % which means that on every $100 spent on assets, it made $0.0109 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1055 %, implying that it generated $0.1055 on every 100 dollars invested. Orchid Island's management efficiency ratios could be used to measure how well Orchid Island manages its routine affairs as well as how well it operates its assets and liabilities. As of November 22, 2024, Return On Tangible Assets is expected to decline to -0.0097. The current year's Return On Capital Employed is expected to grow to -0.06. At present, Orchid Island's Asset Turnover is projected to slightly decrease based on the last few years of reporting.Similar Executives
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Management Performance
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0109 |
Orchid Island Capital Leadership Team
Elected by the shareholders, the Orchid Island's board of directors comprises two types of representatives: Orchid Island inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Orchid. The board's role is to monitor Orchid Island's management team and ensure that shareholders' interests are well served. Orchid Island's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Orchid Island's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Ava Parker, Independent Director | ||
| William Bitting, Independent Director | ||
| Jerry CPA, VP Treasurer | ||
| George Haas, Chief Financial Officer, Chief Investment Officer, Secretary, Director | ||
| Robert Cauley, Chairman of the Board, President, Chief Executive Officer | ||
| Paula Morabito, Independent Director | ||
| George IV, Chief CFO | ||
| CFA CPA, Pres Chairman | ||
| CPA CFA, President Chairman | ||
| Frank Filipps, Lead Independent Director |
Orchid Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Orchid Island a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0109 | ||||
| Profit Margin | 0.78 % | ||||
| Operating Margin | 0.80 % | ||||
| Current Valuation | 5.51 B | ||||
| Shares Outstanding | 78.54 M | ||||
| Shares Owned By Insiders | 0.26 % | ||||
| Shares Owned By Institutions | 31.25 % | ||||
| Number Of Shares Shorted | 6.81 M | ||||
| Price To Earning | 12.17 X |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Orchid Island Capital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Orchid Island's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Orchid Island Capital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Orchid Island Capital Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orchid Island Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Mortgage Real Estate Investment Trusts (REITs) space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Orchid Island. If investors know Orchid will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Orchid Island listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.179 | Dividend Share 1.44 | Earnings Share 1.22 | Revenue Per Share 1.292 | Quarterly Revenue Growth 1.755 |
The market value of Orchid Island Capital is measured differently than its book value, which is the value of Orchid that is recorded on the company's balance sheet. Investors also form their own opinion of Orchid Island's value that differs from its market value or its book value, called intrinsic value, which is Orchid Island's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Orchid Island's market value can be influenced by many factors that don't directly affect Orchid Island's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Orchid Island's value and its price as these two are different measures arrived at by different means. Investors typically determine if Orchid Island is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Orchid Island's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.