Bimini Capital Management (OTCMKTS:BMNM) Releases Earnings Results

Bimini Capital Management (OTCMKTS:BMNM) posted its quarterly earnings data on Thursday. The financial services provider reported $0.04 EPS for the quarter, Zacks reports. Bimini Capital Management had a return on equity of 56.67% and a net margin of 32.69%.

Bimini Capital Management Price Performance

OTCMKTS:BMNM remained flat at $2.65 during mid-day trading on Thursday. The company has a 50 day simple moving average of $2.44 and a 200-day simple moving average of $2.80. The company has a market capitalization of $26.67 million, a PE ratio of 4.42 and a beta of 0.16. Bimini Capital Management has a 1 year low of $0.99 and a 1 year high of $3.89. The company has a debt-to-equity ratio of 2.04, a current ratio of 1.09 and a quick ratio of 1.09.

Bimini Capital Management Company Profile

Bimini Capital Management, Inc, through its subsidiaries, operates as a specialty finance company in the United States. The company operates in two segments, Asset Management and Investment Portfolio. The Asset Management segment includes investment advisory services by Bimini Advisors to Orchid Island Capital, Inc and Royal Palm Capital, LLC. The Investment Portfolio segment engages in investment activities conducted by Royal Palm Capital, LLC. It invests in residential mortgage-backed securities.