Chimera Investment Corporation (CIM)

NYSE: CIM · IEX Real-Time Price · USD
4.520
-0.040 (-0.88%)
At close: May 17, 2024, 4:00 PM
4.550
+0.030 (0.66%)
After-hours: May 17, 2024, 7:53 PM EDT
-0.88%
Market Cap 1.09B
Revenue (ttm) 312.87M
Net Income (ttm) 124.44M
Shares Out 241.42M
EPS (ttm) 0.52
PE Ratio 8.69
Forward PE 7.84
Dividend $0.44 (9.74%)
Ex-Dividend Date Apr 5, 2024
Volume 1,053,388
Open 4.580
Previous Close 4.560
Day's Range 4.500 - 4.580
52-Week Range 3.920 - 6.490
Beta 1.73
Analysts Hold
Price Target 5.50 (+21.68%)
Earnings Date May 9, 2024

About CIM

Chimera Investment Corporation operates as a real estate investment trust (REIT) in the United States. The company, through its subsidiaries, invests in a portfolio of mortgage assets, including residential mortgage loans, agency residential mortgage-backed securities, non-agency residential mortgage-backed securities, agency mortgage-backed securities secured by pools of commercial mortgage loans, business purpose and investor loans, and other real estate related securities. It invests in investment grade, non-investment grade, and non-rated c... [Read more]

Industry REIT - Mortgage
Sector Real Estate
IPO Date Nov 16, 2007
Employees 39
Stock Exchange NYSE
Ticker Symbol CIM
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to one analyst, the rating for CIM stock is "Hold" and the 12-month stock price forecast is $5.5.

Price Target
$5.5
(21.68% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Chimera Investment Corporation Announces Pricing of Public Offering of Senior Notes

NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE: CIM) (the “Company”) announced today the pricing of an underwritten public offering of $65 million aggregate principal amount of its 9....

3 days ago - Business Wire

Chimera Investment Corporation Announces 1-for-3 Reverse Stock Split

NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE: CIM) (the “Company” or “Chimera”) announced today that its Board of Directors has unanimously approved a reverse stock split of the Com...

8 days ago - Business Wire

Chimera Declares Second Quarter 2024 Preferred Stock Dividends

NEW YORK--(BUSINESS WIRE)--The Board of Directors of Chimera announced the declaration of its second quarter cash dividend of $0.50 per share of 8% Series A Cumulative Redeemable Preferred Stock. The ...

9 days ago - Business Wire

CHIMERA INVESTMENT CORPORATION REPORTS 1ST QUARTER 2024 EARNINGS

NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE:CIM) today announced its financial results for the first quarter ended March 31, 2024. Financial Highlights: 1ST QUARTER GAAP NET INCOME...

9 days ago - Business Wire

Avilar Therapeutics to Present Preclinical Data for MTAC (M6PR Targeting Chimera) Extracellular Protein Degrader Platform at the American Association of Immunologists Annual Meeting

WALTHAM, Mass.--(BUSINESS WIRE)--Avilar Therapeutics, a biopharmaceutical company focused on extracellular protein degradation, today announced it will present preclinical proof-of-concept data for th...

17 days ago - Business Wire

Chimera Investment Corporation Announces Date of First Quarter 2024 Financial Results and Conference Call

NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE: CIM) (the "Company") announced today that it plans to release its financial results for the first quarter ending March 31,2024 on Thurs...

24 days ago - Business Wire

Chimera Declares First Quarter 2024 Common Stock Dividends

NEW YORK--(BUSINESS WIRE)--The Board of Directors of Chimera Investment Corporation announced the declaration of its first quarter cash dividend of $0.11 per common share. The dividend is payable Apri...

7 weeks ago - Business Wire

Chimera Declares First Quarter 2024 Preferred Stock Dividends

NEW YORK--(BUSINESS WIRE)--The Board of Directors of Chimera announced the declaration of its first quarter cash dividend of $0.50 per share of 8% Series A Cumulative Redeemable Preferred Stock. The d...

3 months ago - Business Wire

CHIMERA INVESTMENT CORPORATION REPORTS 4TH QUARTER 2023 EARNINGS

NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE:CIM) today announced its financial results for the fourth quarter and full year ended December 31, 2023. Financial Highlights: 4TH QUART...

3 months ago - Business Wire

Chimera Investment Corporation Announces Date of Fourth Quarter and Full Year 2023 Financial Results and Conference Call

NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE: CIM) (the "Company") announced today that it plans to release its financial results for the fourth quarter and full year ended December...

3 months ago - Business Wire

KBW Announces Index Rebalancing for Fourth-Quarter 2023

NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel F...

5 months ago - GlobeNewsWire

A Shocking Small-Cap Portfolio That Yields 12%

Small dividend stocks are dirt cheap right now. I'm talking about stocks trading for less than one year's worth of sales.

Other symbols: BKEGSBDIIPRKRP
6 months ago - Forbes

Chimera Declares Fourth Quarter 2023 Common and Preferred Stock Dividends

NEW YORK--(BUSINESS WIRE)--The Board of Directors of Chimera Investment Corporation announced the declaration of its fourth quarter cash dividend of $0.11 per common share. The dividend is payable Jan...

7 months ago - Business Wire

CHIMERA INVESTMENT CORPORATION REPORTS 3RD QUARTER 2023 EARNINGS

NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE:CIM) today announced its financial results for the third quarter ended September 30, 2023. Financial Highlights: 3RD QUARTER GAAP NET LO...

7 months ago - Business Wire

Chimera Appoints New Independent Board Member Susan Mills

NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE:CIM) (the “Company” or “Chimera”) announced today that Susan Mills has been elected to the Company's Board of Directors as a Class I Dir...

7 months ago - Business Wire

Chimera Investment Corporation Announces Date of Third Quarter 2023 Financial Results and Conference Call

NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE: CIM) (the "Company") announced today that it plans to release its financial results for the third quarter ended September 30, 2023 on T...

7 months ago - Business Wire

Quadric Announces Llama2 LLM Support Immediately Available for Chimera GPNPUs

BURLINGAME, Calif.--(BUSINESS WIRE)-- #Chimera--Quadric® today announced that support for the Llama 2 large language model (LLM) is immediately available on its ChimeraTM general purpose neural proces...

8 months ago - Business Wire

CHIMERA INVESTMENT CORPORATION REPORTS 2ND QUARTER 2023 EARNINGS

NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE:CIM) today announced its financial results for the second quarter ended June 30, 2023. Financial Highlights: 2ND QUARTER GAAP NET INCOME...

10 months ago - Business Wire

Chimera Declares Third Quarter 2023 Common and Preferred Stock Dividends

NEW YORK--(BUSINESS WIRE)--The Board of Directors of Chimera Investment Corporation announced the declaration of its third quarter cash dividend of $0.18 per common share. The dividend is payable Octo...

10 months ago - Business Wire

Chimera Investment Corporation Announces Date of Second Quarter 2023 Financial Results and Conference Call

NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE: CIM) (the "Company") announced today that it plans to release its financial results for the second quarter ended June 30, 2023 on Thurs...

10 months ago - Business Wire

Quadric Announces Vision Transformer Support for Chimera GPNPUs

BURLINGAME, Calif.--(BUSINESS WIRE)-- #Chimera--Quadric® today announced that its Chimera™ general purpose neural processing unit (GPNPU) processor intellectual property (IP) supports vision transform...

11 months ago - Business Wire

Chimera Investment Corporation Announces 2nd Quarter 2023 Common Stock Dividend and Increase in Share Repurchase Program

NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE: CIM) (the “Company” or “Chimera”) announced today that its Board of Directors declared the second quarter common stock dividend. The Co...

1 year ago - Business Wire

Chimera Announces Revised Ex-Dividend Date for Second Quarter Preferred Stock Cash Dividend – Payment Amount, Payable Date and Record Date Unchanged

NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation, Inc. (NYSE: CIM) (the “Company”) today announces a correction to the ex-dividend date for the dividend payments on June 30, 2023 for the 8% S...

1 year ago - Business Wire

Chimera Declares Second Quarter 2023 Preferred Stock Dividends

NEW YORK--(BUSINESS WIRE)--The Board of Directors of Chimera announced the declaration of its second quarter cash dividend of $0.50 per share of 8% Series A Cumulative Redeemable Preferred Stock. The ...

1 year ago - Business Wire

CHIMERA INVESTMENT CORPORATION REPORTS 1ST QUARTER 2023 EARNINGS

NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE:CIM) today announced its financial results for the first quarter ended March 31, 2023. Financial Highlights: 1ST QUARTER GAAP NET INCOME...

1 year ago - Business Wire