OTCPK:BMNM

Stock Analysis Report

Executive Summary

Bimini Capital Management, Inc., through its subsidiaries, engages in the asset management business in the United States.

Snowflake

Fundamentals

Overvalued with weak fundamentals.

Risks

  • Bimini Capital Management is not covered by any analysts.

Similar Companies

Share Price & News

How has Bimini Capital Management's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

OTCPK:BMNM

1.1%

US Mortgage REITs

2.9%

US Market


1 Year Return

-22.9%

OTCPK:BMNM

-9.9%

US Mortgage REITs

0.2%

US Market

BMNM underperformed the Mortgage REITs industry which returned -9.8% over the past year.

BMNM underperformed the Market in United States of America which returned -0.7% over the past year.


Share holder returns

BMNMIndustryMarket
7 Day0%1.1%2.9%
30 Day12.1%-3.6%-2.3%
90 Day14.9%-2.8%3.1%
1 Year-22.9%-22.9%0.2%-9.9%2.4%0.2%
3 Year-0.5%-0.5%31.9%-4.9%41.7%32.4%
5 Year29.4%29.4%47.3%-15.5%55.1%37.9%

Price Volatility Vs. Market

How volatile is Bimini Capital Management's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Bimini Capital Management undervalued based on future cash flows and its price relative to the stock market?

0.78x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Bimini Capital Management to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Bimini Capital Management to establish if it is available at substantial discount.


Price Based on Earnings

Bimini Capital Management is loss making, we can't compare its value to the US Mortgage REITs industry average.

Bimini Capital Management is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Bimini Capital Management, we can't assess if its growth is good value.


Price Based on Value of Assets

Bimini Capital Management is good value based on assets compared to the US Mortgage REITs industry average.


Next Steps

Future Growth

How is Bimini Capital Management expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

45.2%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Bimini Capital Management has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

  • Take a look at our analysis of BMNM’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Bimini Capital Management's filings and announcements here.
  • Explore growth companies in the Diversified Financials industry.

Past Performance

How has Bimini Capital Management performed over the past 5 years?

-45.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Bimini Capital Management does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Bimini Capital Management's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Bimini Capital Management's 1-year growth to the US Mortgage REITs industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Bimini Capital Management has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Bimini Capital Management has efficiently used its assets last year compared to the US Mortgage REITs industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Bimini Capital Management improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Bimini Capital Management's financial position?


Financial Position Analysis

Bimini Capital Management's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Bimini Capital Management's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Bimini Capital Management's level of debt (757%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (738.5% vs 757% today).

Operating cash flow is negative therefore debt is not well covered.

Unable to confirm if the interest payments on Bimini Capital Management's debt are well covered by earnings due to lack of past financial data.


Balance Sheet

Low level of unsold assets.

Debt is not covered by short term assets, assets are 0x debt.


Next Steps

Dividend

What is Bimini Capital Management's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Bimini Capital Management's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Bimini Capital Management's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Bimini Capital Management has not reported any payouts.

Unable to verify if Bimini Capital Management's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Bimini Capital Management has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Bimini Capital Management's salary, the management and board of directors tenure and is there insider trading?

11.3yrs

Average management tenure


CEO

Robert Cauley (61yo)

11.3yrs

Tenure

US$1,640,137

Compensation

Mr. Robert E. Cauley, CFA, CPA has been the Chief Executive Officer and President of Orchid Island Capital, Inc. since August 2010. Mr. Cauley has been the Chief Executive Officer of Bimini Capital Managem ...


CEO Compensation Analysis

Robert's remuneration is higher than average for companies of similar size in United States of America.

Robert's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

11.3yrs

Average Tenure

53yo

Average Age

The average tenure for the Bimini Capital Management management team is over 5 years, this suggests they are a seasoned and experienced team.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Jerry Sintes (53yo)

    VP & Controller

    • Tenure: 11.8yrs
  • Robert Cauley (61yo)

    Chairman

    • Tenure: 11.3yrs
    • Compensation: US$1.64m
  • George Haas (43yo)

    President

    • Tenure: 11.3yrs
    • Compensation: US$1.28m

Board Members

  • Robert Cauley (61yo)

    Chairman

    • Tenure: 11.3yrs
    • Compensation: US$1.64m
  • Frank Jaumot (55yo)

    Director

    • Tenure: 10.3yrs
    • Compensation: US$120.00k
  • Robert Dwyer (74yo)

    Lead Independent Director

    • Tenure: 0.0yrs
    • Compensation: US$155.00k

Company Information

Bimini Capital Management, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Bimini Capital Management, Inc.
  • Ticker: BMNM
  • Exchange: OTCPK
  • Founded: 2003
  • Industry: Mortgage REITs
  • Sector: Diversified Financials
  • Market Cap: US$21.535m
  • Shares outstanding: 11.64m
  • Website: https://www.biminicapital.com

Number of Employees


Location

  • Bimini Capital Management, Inc.
  • 3305 Flamingo Drive
  • Vero Beach
  • Florida
  • 32963
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BMNMOTCPK (Pink Sheets LLC)YesClass A Common StockUSUSDSep 2004

Biography

Bimini Capital Management, Inc., through its subsidiaries, engages in the asset management business in the United States. The company operates through two segments, Asset Management and Investment Portfoli ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/22 00:05
End of Day Share Price2019/08/13 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.