Bimini Capital Management, Inc. (BMNM)
Bimini Capital Management, Inc. operates in the Asset Management industry of the Financial Services sector, headquartered in Vero Beach, FL, US. The stock last traded at $2.84, up 2.90% on the session, giving a market capitalisation of $28.4M. On trailing twelve-month figures it carries a trailing P/E of 4.44, a net margin of 24.6%. Its beta of 0.15 implies it has historically moved less than the broad market.
Bimini Capital Management, Inc. operates as an asset management company within the United States, conducting its business through various subsidiaries. Its operations are divided into two primary segments: Asset Management and Investment Portfolio. The firm is responsible for administering daily business activities, investing in residential mortgage-backed securities (RMBS), and offering investment advisory services. Incorporated in 2003, the company was formerly known as Opteum Inc. before changing its name to Bimini Capital Management, Inc. in September 2007. Its main office is located in Vero Beach, Florida.
Bimini Capital Management, Inc. is most often compared with the following Financial Services names: