Chimera Investment Corporation (CIM)
| Market Cap | 986.22M |
| Revenue (ttm) | 277.89M |
| Net Income (ttm) | 90.33M |
| Shares Out | 80.97M |
| EPS (ttm) | 1.10 |
| PE Ratio | 11.07 |
| Forward PE | 7.25 |
| Dividend | $1.48 (12.16%) |
| Ex-Dividend Date | Mar 31, 2025 |
| Volume | 341,407 |
| Open | 12.26 |
| Previous Close | 12.34 |
| Day's Range | 12.16 - 12.35 |
| 52-Week Range | 9.85 - 16.89 |
| Beta | 1.56 |
| Analysts | Hold |
| Price Target | 16.00 (+31.42%) |
| Earnings Date | May 8, 2025 |
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, residential transition loans, and other real estate related securities. It invests in investment grade, non-inv... [Read more]
Financial Performance
In 2024, Chimera Investment's revenue was $277.89 million, an increase of 22.95% compared to the previous year's $226.02 million. Earnings were $90.33 million, an increase of 72.54%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for CIM stock is "Hold." The 12-month stock price forecast is $16.0, which is an increase of 31.42% from the latest price.
News
Chimera Investment Corporation Announces Date of First Quarter 2025 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 ended March 31, 2025 on Thurs...
Focusing On Lower Risk Shares (And Updated Charts For High-Yield Stocks)
Market volatility has increased, making it challenging to predict future Treasury rates and impacting the frequency of my article publications. Price-to-book ratios reveal bargains. Preferred shares o...
CIMN: Performed As Expected, Still A Buy
CIMN, a senior unsecured note from Chimera, experienced a -4% drawdown, outperforming the company's preferred equity and other mREIT bonds during recent market turmoil. Its performance aligned with ex...
Chimera Preferreds: Preferred Stocks Are A Buy Again
I advised investing in preferred stocks and baby bonds in mid-2022, predicting the Fed's rate hikes and subsequent cuts, resulting in significant returns. Preferred stocks have dropped recently due to...
Floating Preferreds Have Monstrous Yields Due To Timing Phenomenon
Floating rate preferreds, initially created in a zero interest rate environment, now yield around 10% due to the timing phenomenon and changes in interest rates. Key factors for analysis include compa...
The 10.5% Yield Of The Preferred Stock Of Chimera Is Attractive In This Painful Market
Chimera's preferred stock offers a 10.5% yield, outperforming the S&P 500 with a 43% total return over two years, despite economic headwinds. The stock's floating yield provides some inflation protect...
Let's Talk Mortgage REITs (But Not For Too Long)
A bunch of mortgage REITs were severely overvalued. Now they are less overvalued. But some others are actually bargains. Tons of charts because images are fun. Ellington Financial's higher price-to-bo...
Chimera Investment Corporation Sponsors Residential Mortgage Loan Securitizations
NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE: CIM) announced that on March 25, 2025 it had sponsored two securitizations of residential mortgage loans with an aggregate principal ba...
Chimera Declares First Quarter 2025 Common Stock Dividend
NEW YORK--(BUSINESS WIRE)--The Board of Directors of Chimera Investment Corporation announced the declaration of its first quarter cash dividend of $0.37 per common share. The dividend is payable on A...
15% Yields Want To Mug Your Dividends
Agency mortgage REITs are achieving exceptional price-to-book ratios. You want a high dividend yield? Great. But don't pay a huge premium in the share price. It's a great time for investors to capture...
Chimera Investment Q4: Mixed Results, Worst Is Over
Chimera Investment Corporation had mixed results for Q4, showing a net income loss, however covering the dividend. The market price is higher than book value, reflecting negative investor sentiment cr...
9% Yields From Baby Bonds
Yield to maturity is crucial in baby bond analysis. Yield to call can also be relevant when call risk is more relevant. We're starting with a hypothetical for demonstrating a key point, then we'll loo...
Winners Of REIT Earnings Season
In Part 2 of our Earnings Recap, we present a sector-by-sector breakdown of the Winners of REIT Earnings Season, discussing incremental positives/negatives and noting the individual standouts. Healthc...
Chimera Investment Corporation (CIM) Q4 2024 Earnings Call Transcript
Chimera Investment Corporation (CIM) Q4 2024 Earnings Call Transcript
CORRECTING AND REPLACING CHIMERA INVESTMENT CORPORATION REPORTS 4TH QUARTER 2024 EARNINGS
NEW YORK--(BUSINESS WIRE)--In the first bullet of the "Financial Highlights(1)" section, the figure should read, "$2.07" (instead of "$2.04"). In the "GAAP measures of net income and net income per di...
CHIMERA INVESTMENT CORPORATION REPORTS 4TH QUARTER 2024 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, 2024. Financial Highlights(1): 4TH QU...
Chimera Declares First Quarter 2025 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 8.00% Series A Cumulative Redeemable Preferred Stock. Th...
Chimera Investment Corporation Sponsors Residential Mortgage Loan Securitization
NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE: CIM) announced that on January 31, 2025 it had sponsored CIM 2025-I1, a $287.7 million securitization of residential mortgage investor ...
Chimera Investment Corporation Announces Date of Fourth Quarter and Full Year 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 fourth quarter and full year ended December...
High Yield REITs Whacked By Higher Rates
Despite a single day of declining rates, the trend higher brought even more damage to mortgage REITs. Some may see book value fall by as much as 10% or more, but the average will probably be around th...
Chimera Declares Fourth Quarter 2024 Common Stock Dividend
NEW YORK--(BUSINESS WIRE)--The Board of Directors of Chimera Investment Corporation announced the declaration of its fourth quarter cash dividend of $0.37 per common share. The dividend is payable on ...
A Preferred Share Worth Scrutinizing From Chimera
CIM-A's 8% coupon rate and 8.6% strip yield are overshadowed by limited upside and better alternatives, making it an unattractive investment above $23.20. The potential upside for CIM-A is capped at a...
Preferred Stock Of Chimera Is Reasonably Valued, Despite Its Outsized Return
I recommended Chimera Investment Corporation's preferred stock for its 10% dividend yield and wide margin of safety, resulting in a 46% total return since April 2023. With inflation cooling and intere...