Bimini Capital Management, Inc. (BMNM)

Bimini Capital Management, Inc. (BMNM) — VMCI valuation read

BMNM screens at VMCI 59/100, a 9-point gap above the Real Estate sector median (50). For a mid-cap Bimini Capital Management, Inc. share, that placement says the multi-pillar composite is cheaper or higher quality than the typical peer on a like-for-like basis.

BMNM has logged no Form 4 insider activity over the trailing 30 days. The tape reads neither bullish nor bearish on insider conviction. The next signal sits with the 10-Q schedule and the analyst calendar.

**Investor frame.** Value: BMNM trades at 18.0x earnings, 0% above the Real Estate median of 18.0x, while EV/EBITDA prints 9.0x against 12.0x for the Real Estate group. Quality: ROIC of 12.0% sits 2.0pp above the Real Estate median (10.0%), the cleanest like-for-like comparison on capital efficiency. Risk: net debt to EBITDA of -2.3x leaves covenant headroom, which sets the rate-cycle exposure for Bimini Capital Management, Inc..

BMNM fell 1.0% over the trailing 7 days, with a -5.4% read on a 30-day basis.