Bimini Capital Buys Majority Stake in TJIM Adviser

Bimini Capital Management ( (BMNM) ) has shared an update.

On January 13, 2026, Bimini Capital Management announced that its wholly owned subsidiary Bimini Advisors Holdings agreed to acquire 80% of Tom Johnson Investment Management, LLC (TJIM), a privately held registered investment adviser with approximately $1.6 billion in assets under management across equity and fixed income strategies, in a cash transaction valued at 2.5 times 80% of TJIM’s 2025 revenue, with any amount above $12 million paid in deferred installments. The deal, targeted to close by the end of the first quarter of 2026 subject to customary due diligence, regulatory and client consents, and new employment agreements for TJIM’s leadership, includes options for either party to trigger the eventual purchase of the remaining 20% stake after the third anniversary of closing and is intended to transform Bimini into a pure asset management firm with a more diversified asset base, while preserving TJIM’s existing management team, incentivizing staff retention through potential equity participation, and leveraging Bimini’s public company infrastructure and capital markets access to support future asset growth.

The most recent analyst rating on (BMNM) stock is a Hold with a $3.00 price target. To see the full list of analyst forecasts on Bimini Capital Management stock, see the BMNM Stock Forecast page.

Spark’s Take on BMNM Stock

According to Spark, TipRanks’ AI Analyst, BMNM is a Neutral.

The score is primarily weighed down by weak financial performance fundamentals (high leverage, volatile results, and recent net loss), partially offset by strong technical momentum. Valuation is also a drag given the high P/E and no dividend yield data, while corporate events provide only a modest incremental positive.

To see Spark’s full report on BMNM stock, click here.

More about Bimini Capital Management

Bimini Capital Management, Inc., based in Vero Beach, Florida, is an asset manager specializing in residential mortgage-related securities issued by Fannie Mae, Freddie Mac and Ginnie Mae, using leverage and hedging strategies, and, through its subsidiary Bimini Advisors, serves as external manager to Orchid Island Capital, a NYSE-listed mortgage REIT.

Average Trading Volume: 7,852

Technical Sentiment Signal: Buy

Current Market Cap: $34.64M

For a thorough assessment of BMNM stock, go to TipRanks’ Stock Analysis page.