RMBS Stock Recent News
RMBS LATEST HEADLINES
VERO BEACH, Fla., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Orchid Island Capital, Inc. (the “Company”) (NYSE: ORC) announced today that the Board of Directors of the Company declared a monthly cash dividend for the month of October 2024. The dividend of $0.12 per share will be paid November 27, 2024 to holders of record of the Company's common stock on October 31, 2024, with an ex-dividend date of October 31, 2024. The Company plans on announcing its next common stock dividend on November 13, 2024.
RMBS launches Gen5 DDR5 RDIMMs and next-generation DDR5 Multiplexed RDIMMs for AI workloads.
Despite the near-term challenges, RMBS is pivoting to capitalize on emerging market opportunities, particularly in the AI and data center sectors.
Rambus (RMBS) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Rambus' expansion of its innovative product portfolio, strong customer base and financials make the stock worth buying at present.
New York Mortgage Trust is trading at a discount to adjusted book value after selling off. The company focuses on agency RMBS, with strong liquidity and capital allocation. Q2 earnings results show a growing investment portfolio, with an emphasis on agency RMBS, improving spreads and profitability.
Its second-quarter performance didn't make investors happy, to put it mildly. While revenue rose by 10%, net income nearly fell off a cliff.
Rambus delivers a lackluster outlook, causing share price drop. The company faces challenges despite strong prospects in DDR5 memory products. Valuation at 26x forward non-GAAP operating profits offers a poor risk-reward profile for investors.
Rambus (RMBS) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.44 per share a year ago.
Rambus Inc. (RMBS) Q2 2024 Earnings Call Transcript