Chimera Investment Corporation (CIM)
| Market Cap | 1.03B |
| Revenue (ttm) | 312.87M |
| Net Income (ttm) | 124.44M |
| Shares Out | 80.47M |
| EPS (ttm) | 1.56 |
| PE Ratio | 8.20 |
| Forward PE | 7.44 |
| Dividend | $1.40 (10.95%) |
| Ex-Dividend Date | Jun 28, 2024 |
| Volume | 437,832 |
| Open | 12.57 |
| Previous Close | 12.51 |
| Day's Range | 12.55 - 12.80 |
| 52-Week Range | 11.29 - 19.47 |
| Beta | 1.76 |
| Analysts | Hold |
| Price Target | 16.50 (+29.01%) |
| Earnings Date | Aug 1, 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]
Financial Performance
Financial StatementsAnalyst Forecast
According to one analyst, the rating for CIM stock is "Hold" and the 12-month stock price forecast is $16.5.
News
Chimera Increases Second Quarter 2024 Common Stock Dividends to $0.35
NEW YORK--(BUSINESS WIRE)--The Board of Directors of Chimera Investment Corporation announced the declaration of its second quarter cash dividend of $0.35 per common share, an increase from its first ...
Chimera Investment Corp. at all-time lows: Buy or avoid?
Chimera Investment Corporation (NYSE:CIM) has underperformed most mortgage REITs over the past year, with its stock reaching an all-time low below $11.50 as of May 24, 2024. This decline reflects a ch...
Chimera Investment Corporation Announces Closing of Public Offering of $65 Million Senior Notes
NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE: CIM) (the “Company”) announced today that it has closed its previously announced underwritten public offering of $65 million aggregate ...
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....
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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.
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...