Chimera Investment Corporation (CIM)
| Market Cap | 3.13B |
| Revenue (ttm) | 742.26M |
| Net Income (ttm) | 543.45M |
| Shares Out | 230.57M |
| EPS (ttm) | 2.23 |
| PE Ratio | 5.96 |
| Forward PE | 10.13 |
| Dividend | $1.20 |
| Dividend Yield | 9.03% |
| Trading Day | May 11 |
| Last Price | $13.29 |
| Previous Close | $13.47 |
| Change ($) | -0.18 |
| Change (%) | -1.34% |
| Day's Open | 13.37 |
| Day's Range | 13.25 - 13.43 |
| Day's Volume | 509,073 |
| 52-Week Range | 6.27 - 13.78 |
Chimera (CIM) delivered earnings and revenue surprises of 16.13% and 12.83%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
Shares of Chimera Investment (NYSE:CIM) remained unaffected after the company reported Q1 results. Quarterly Results Earnings per share fell 36.84% over the past year to $0.36, which beat the estimate o...
NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE:CIM) today announced its financial results for the first quarter ended March 31, 2021. The Company's GAAP net income for the first quarter...
NEW YORK--(BUSINESS WIRE)--The Board of Directors of Chimera Investment Corporation announced the declaration of its second quarter cash dividend of $0.33 per common share. The dividend is payable July ...
NEW YORK--(BUSINESS WIRE)--On April 26, 2021, Chimera Investment Corporation (NYSE:CIM) sponsored two securitizations totaling $977.1 million, $859.7 million CIM 2021-R3 and $117.4 million CIM 2021-NR3 ...
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.
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, 2021 on Wednesd...
NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE: CIM) (the "Company") announced today that on March 31, 2021, Dennis Mahoney, an independent member of the Board of Directors (the “Board”...
NEW YORK--(BUSINESS WIRE)--On March 25, 2021, Chimera Investment Corporation (NYSE:CIM) sponsored CIM 2021-R2, a $1.5 billion securitization of seasoned reperforming residential mortgage loans, and CIM ...
Chimera Investment (CIM) has moved higher as of late, but there could definitely be trouble on the horizon for this company
NEW YORK--(BUSINESS WIRE)--On February 25, 2021, Chimera Investment Corporation (NYSE:CIM) sponsored CIM 2021-R1, a $2.1 billion securitization of seasoned reperforming residential mortgage loans, and C...
NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE: CIM) (the "Company") announced today that on February 22, 2021, Teresa Bryce Bazemore, an independent member of the Board of Directors (t...
Chimera (CIM) delivered earnings and revenue surprises of -9.38% and -5.80%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
Shares of Chimera Investment (NYSE:CIM) moved higher by 0.2% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share decreased 49.12% over the past year to $0.2...
NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE:CIM) today announced its financial results for the fourth quarter ended December 31, 2020. The Company's GAAP net income for the fourth qu...
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.
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...
One of the preferred shares in our portfolio is CIM-A. It was also one of our top picks in a recent subscriber article. Shares offer a stripped yield of 8.2%, which is a reasonable amount of income.
NEW YORK--(BUSINESS WIRE)--The Board of Directors of Chimera Investment Corporation announced the declaration of its fourth quarter cash dividend of $0.30 per common share. The dividend is payable Janua...
The stock provided rapid returns since our last call a few weeks ago. Surprisingly, earnings power is higher than a year ago, reflecting solid portfolio management.
NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE:CIM) (“Chimera” or the “Company”) announced today that Matthew J. Lambiase will retire from his roles as President and Chief Executive Off...
Chimera Investment Corporation's (CIM) CEO Matthew Lambiase on Q3 2020 Results - Earnings Call Transcript
Chimera (CIM) delivered earnings and revenue surprises of 6.45% and 11.93%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
Shares of Chimera Investment (NYSE:CIM) moved higher by 0.3% in pre-market trading after the company reported Q3 results. Quarterly Results Earnings per share fell 34.00% over the past year to $0.33, wh...
NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE:CIM) today announced its financial results for the third quarter ended September 30, 2020. The Company's GAAP net income for the third qua...
Low LIBOR rates during the third quarter are likely to lead to have reduced interest income for Chimera's (CIM) floating-rate investments.
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.
The residential housing market has been extraordinarily strong in 2020. We take a look at the dynamics and explain why we believe the market will remain strong.
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, 2020 on Wed...
We're focusing in on the preferred shares from CIM. We've seen a few solid opportunities lately.
Top Ranked Income Stocks to Buy for October 5th
The prior quarter which was rocked by COVID was a complete disaster, and huge margin calls were seen in the sector in the spring.
We anticipate investors may switch their focus back and forth between 2020-Q4 and 2021-Q1 several times before the end of the 2020 calendar year.
Retail Value Inc. again showed top broker estimated net gains of 149.61%, while Two Harbors Investment showed top 18.57% yield (@$5.33 price) out of 350 U.S. REITs per YCharts data 9/17/20.
10% Yields With One Clear Winner From Chimera
NEW YORK--(BUSINESS WIRE)--The Board of Directors of Chimera announced the declaration of its third quarter cash dividend of $0.30 per common share. The dividend is payable October 29, 2020 to common st...
Earn A 9.5% Yield From A Hot Housing Market: Chimera Preferreds
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 div...
Chimera (CIM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
CIM has been range bound but operationally is stabilizing.
Chimera Investment Corp. commons have dropped considerably as a consequence of the COVID-19 pandemic.
Chimera Investment Corporation has raised and renegotiated its existing long-term financing. As of Q2 2020, 54% of its loan portfolio is non-mark-to-market.
Chimera Investment Corporation (CIM) CEO Matthew Lambiase on Q2 2020 Results - Earnings Call Transcript
NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE:CIM) today announced its financial results for the second quarter ended June 30, 2020. The Company’s GAAP net loss for the second quarter ...
Chimera's (CIM) Q2 NII results are expected to reflect the impacts of the loss of interest income earned on its Agency residential mortgage-backed investment due to the sale of the portfolio in Q1.
Chimera Investment (CIM) closed the most recent trading day at $9.16, moving +0.88% from the previous trading session.
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.
Our view on ARR's common shares is neutral. BV, for the quarter, came in pretty close to our projections. We will touch on common shares briefly.
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 commercial mortgage loans, and other real estate related securities. It has elected to be taxed as a REIT and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable ... [Read more...]
| Industry REIT-Mortgage | IPO Date Nov 16, 2007 |
| CEO Matthew Lambiase | Employees 41 |
| Stock Exchange NYSE | Ticker Symbol CIM |
Financial Performance
In 2020, CIM's revenue was $212.06 million, a decrease of -60.82% compared to the previous year's $541.25 million. Earnings were $88.85 million, a decrease of -78.51%.
Analyst Forecasts
According to 7 analysts, the average rating for CIM stock is "Hold." The 12-month stock price forecast is 12.06, which is a decrease of -9.26% from the latest price.