RMBS Stock Recent News

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

SAN JOSE, Calif.--(BUSINESS WIRE)-- #ClientClockDriver--Today, Rambus announced the availability of its DDR5 Client Clock Driver (CKD) for next-generation, high-performance desktops and notebooks.

Rambus has been hovering around my price point for a while now. A revisit to the financials is in order. Strong financial position and ever-growing demand for AI-capable products are going to drive acceleration to the top line. Therefore, I'm upgrading to buy, as I'm impressed with the progress and outlook of the company.

VERO BEACH, Fla.--(BUSINESS WIRE)--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 June 2024. The dividend of $0.12 per share will be paid July 30, 2024 to holders of record of the Company's common stock on June 28, 2024, with an ex-dividend date of June 28, 2024. The Company plans on announcing its next common stock dividend on July 10, 2024. The Company intends to make regular.

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to 63 classes from Connecticut Avenue Securities, Series 2024-R04 (CAS 2024-R04), a credit risk sharing transaction with a total note offering of $707,608,000. The pool is characterized by loans with original loan-to-value (LTV) ratios that are greater than 60% and less than or equal to 80%. The Reference Pool consists of 53,682 residential mortgage loans with an outstanding principal balance of approximately $18.6 billion as of the cut-off date. The Reference Obligations are fully documented, fully-amortizing, primarily 30-year fixed-rate mortgages (FRMs) of prime quality. The borrowers in the Reference Pool have a non-zero WA (NZWA) original credit score of 760 and a NZWA debt-to-income (DTI) ratio of 37.4%. KBRA’s rating approach incorporated loan-level analysis of the mortgage pool through its KBRA RMBS Credit Model, Residential Asset Loss Model (REALM), an examination of the results from third-party loan file due dilige