| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
- |
| Employees |
10 |
| Revenues (TTM) (Millions $) |
26 |
| Net Income (TTM) (Millions $) |
7 |
| Cash Flow (TTM) (Millions $) |
10 |
| Capital Exp. (TTM) (Millions $) |
0 |
Business Description
Bimini Capital Management Inc is a publicly traded real estate investment trust (REIT) that primarily focuses on managing and investing in mortgage-related assets. The company specializes in acquiring, financing, and managing residential mortgage-backed securities (RMBS) and other mortgage-related investments.
Bimini Capital Management Inc primarily invests in agency-backed RMBS, which are mortgages that are guaranteed by government-sponsored entities such as Fannie Mae and Freddie Mac. These investments provide the company with a steady stream of cash flows from the interest and principal payments on the underlying mortgages.
Additionally, Bimini Capital Management Inc may also invest in non-agency RMBS, which are mortgages that do not have government guarantees. These investments typically carry higher risk but also offer the potential for higher returns.
The company focuses on actively managing its portfolio to optimize the risk and return profile. This involves analyzing market trends, interest rate movements, and the creditworthiness of the underlying mortgages.
In addition to its investment activities, Bimini Capital Management Inc also provides management services to another subsidiary, Bimini Advisors Holdings LLC, which acts as the asset manager for the Royal Palm Residential Mortgage REIT. This allows the company to generate additional fee income.
Overall, Bimini Capital Management Inc operates as an investment management firm specializing in mortgage-related assets, with a focus on agency-backed and non-agency residential mortgage-backed securities.
Company Address: 3305 Flamingo Drive Vero Beach 32963 FL
Company Phone Number: 231-1400 Stock Exchange / Ticker: BMNM
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70.25 %