Chimera Investment Corporation (CIM)

NYSE: CIM · IEX Real-Time Price · USD
5.57
+0.10 (1.74%)
Mar 31, 2023, 1:05 PM EDT - Market open
1.74%
Market Cap 1.29B
Revenue (ttm) -375.07M
Net Income (ttm) -586.83M
Shares Out 231.83M
EPS (ttm) -2.51
PE Ratio n/a
Forward PE 6.11
Dividend $1.02 (18.33%)
Ex-Dividend Date Mar 30, 2023
Volume 740,340
Open 5.49
Previous Close 5.47
Day's Range 5.48 - 5.61
52-Week Range 4.91 - 12.22
Beta 1.58
Analysts Buy
Price Target 6.97 (+25.25%)
Earnings Date May 4, 2023

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 and non-agency residential mortgage-backed securities, agency mortgage-backed securities secured by pools of residential, commercial mortgage loans, and other real estate related securities. It has elected to be taxed as a REIT. In addition, the company invests in investment, non-investment grade, and non-rated classes... [Read more]

Industry REIT - Mortgage
Sector Real Estate
IPO Date Nov 16, 2007
Employees 38
Stock Exchange NYSE
Ticker Symbol CIM
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for CIM stock is "Buy." The 12-month stock price forecast is $6.97, which is an increase of 25.25% from the latest price.

Price Target
$6.97
(25.25% upside)
Analyst Consensus: Buy
Stock Forecasts

News

3 Dividend-Paying REITs for Passive Income

Real estate investment trusts (REITs) are companies that own, operate, and/or finance income-generating real estate. Many REITs operate on a traditional landlord/tenant model, with the REIT acting as ...

Other symbols: MPWNYMT
1 month ago - InvestorPlace

Best REITS For Reliable Income For 2023

REITs are dividend-paying entities that own or finance real estate.

1 month ago - Forbes

Chimera Investment (CIM) Q4 Earnings and Revenues Miss Estimates

Chimera (CIM) delivered earnings and revenue surprises of -54.17% and 17.88%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Chimera Declares First Quarter 2023 Preferred Stock Dividends

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

1 month ago - Business Wire

CHIMERA INVESTMENT CORPORATION REPORTS 4TH QUARTER 2022 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, 2022. Financial Highlights: 4TH QUART...

1 month ago - Business Wire

Chimera Investment Corporation Declares First Quarter 2023 Common Stock Dividend, Announces Preliminary Financial Results for Fourth Quarter 2022 and Provides Update on Book Value for January 2023

NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE: CIM) (the "Company") declared today its first quarter 2023 common stock dividend, announced preliminary financial results for the fou...

2 months ago - Business Wire

Chimera Investment Corporation Announces Date of Fourth Quarter and Full Year 2022 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 Decemb...

2 months ago - Business Wire

The World's Largest Concrete Show Returns to Las Vegas With New Pavilions and Projected Growth

LAS VEGAS--(BUSINESS WIRE)-- World of Concrete , Informa Markets' premier exhibition serving the construction and masonry industries, today reveals its agenda for the upcoming exposition, slated for...

Other symbols: AAC
3 months ago - Business Wire

Chimera Investment shares rise on new CEO and co-chief investment officers

Chimera Investment Corp. CIM, -1.62% shares advanced by 2.7% in premarket trades Monday after the New York-based real estate investment trust named its chief legal officer Phillip J. Kardis II as CEO ...

3 months ago - Market Watch

Chimera Announces Leadership Changes to Strengthen Business Performance and to Position Company to Navigate Changing Market Dynamics

NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (“Chimera” or the “Company”) (NYSE:CIM) today announced leadership changes intended to strengthen the Company's performance, and position th...

3 months ago - Business Wire

Chimera Declares Fourth Quarter 2022 Common Stock Dividend

NEW YORK--(BUSINESS WIRE)--The Board of Directors of Chimera announced the declaration of its fourth quarter cash dividend of $0.23 per share of common stock. The dividend is payable January 31, 202...

4 months ago - Business Wire

Chimera Investment (CIM) Q3 Earnings and Revenues Beat Estimates

Chimera (CIM) delivered earnings and revenue surprises of 8% and 1.88%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Chimera Declares Fourth Quarter 2022 Preferred Stock Dividends

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

5 months ago - Business Wire

CHIMERA INVESTMENT CORPORATION REPORTS 3RD QUARTER 2022 EARNINGS

NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE:CIM) today announced its financial results for the third quarter ended September 30, 2022.

5 months ago - Business Wire

These 2 Mortgage REITs Have Yields Above 10% And Have Gone Unnoticed Trading At A Steep Discount

The iShares Trust iShares Mortgage Real Estate ETF (BATS: REM) has 50 holdings diversified evenly across small, mid, and large-cap equities, also allocating less than half of its assets to the financi...

Other symbols: PMTREM
5 months ago - Benzinga

Analysts Estimate Chimera Investment (CIM) to Report a Decline in Earnings: What to Look Out for

Chimera (CIM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

5 months ago - Zacks Investment Research

7 Mortgage REITs to Dig Out of the Dumpster Fire

Along with most of the market, these top mortgage REITs to buy have been trounced. Most of this can be traced back to rising interest rates.

Other symbols: ABRAGNCARIMORTREMSTWD
5 months ago - InvestorPlace

Chimera Investment Corporation Announces Date of Third Quarter 2022 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, 2022 on T...

5 months ago - Business Wire

New Strong Sell Stocks for September 29th

CIM, CUBI and ILPT have been added to the Zacks Rank #5 (Strong Sell) List on September 29, 2022.

Other symbols: CUBIILPT
6 months ago - Zacks Investment Research

Chimera Declares Third Quarter 2022 Common Stock Dividend

NEW YORK--(BUSINESS WIRE)--The Board of Directors of Chimera announced the declaration of its third quarter cash dividend of $0.23 per share of common stock. The dividend is payable October 31, 2022 t...

6 months ago - Business Wire

Hurry! It's Time to Take Your Profits From These 7 Stocks

Wall Street enjoyed a relief rally during the summer. However, over the past month investors' sentiment has once again changed.

7 months ago - InvestorPlace

Clearwater Analytics Powers Sophisticated REIT Accounting and Reporting for New York-based Chimera

Clearwater's Comprehensive Accounting and Reporting Solution Effectively Manages Complex Portfolio for Leading U.S.-based REIT BOISE, Idaho , Aug. 25, 2022 /PRNewswire/ --  Clearwater Analytics (NYSE:...

Other symbols: CWAN
7 months ago - PRNewsWire

7 F-Rated Stocks to Avoid Now

The best investors know how to identify winners and fill their portfolios with equities that have the best potential for returns. And at the same time, they know which stocks to avoid.

Other symbols: BIIBCOINDISGPSIRBTPENN
8 months ago - InvestorPlace

Chimera Investment (CIM) Q2 Earnings and Revenues Miss Estimates

Chimera (CIM) delivered earnings and revenue surprises of -16.22% and 12.18%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

8 months ago - Zacks Investment Research

Chimera Declares Third Quarter 2022 Preferred Stock Dividends

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

8 months ago - Business Wire