Chimera Investment Corporation (CIM)

NYSE: CIM · IEX Real-Time Price · USD
14.99
+0.28 (1.90%)
At close: Jul 26, 2024, 4:00 PM
14.85
-0.14 (-0.93%)
After-hours: Jul 26, 2024, 7:52 PM EDT
1.90%
Market Cap 1.21B
Revenue (ttm) 312.87M
Net Income (ttm) 124.44M
Shares Out 80.47M
EPS (ttm) 1.56
PE Ratio 9.61
Forward PE 8.72
Dividend $1.40 (9.34%)
Ex-Dividend Date Jun 28, 2024
Volume 383,367
Open 15.00
Previous Close 14.71
Day's Range 14.79 - 15.04
52-Week Range 11.29 - 19.35
Beta 1.78
Analysts Hold
Price Target 15.75 (+5.07%)
Earnings Date Aug 7, 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 2 analysts, the average rating for CIM stock is "Hold." The 12-month stock price forecast is $15.75, which is an increase of 5.07% from the latest price.

Price Target
$15.75
(5.07% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Chimera Investment Corporation Announces Date of Second 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 second quarter June 30, 2024 on Wednesday, ...

1 day ago - Business Wire

Quadric's 3rd Generation Chimera GPNPU Product Family Expands to 864 TOPs, Adds Automotive-Grade Safety Enhanced Versions

BURLINGAME, Calif.--(BUSINESS WIRE)-- #AI--Quadric® today introduced the Chimera™ QC Series family of general-purpose neural processors (GPNPUs), a semiconductor intellectual property (IP) offering th...

10 days ago - Business Wire

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 ...

6 weeks ago - Business Wire

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...

2 months ago - Invezz

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 ...

2 months ago - Business Wire

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....

2 months 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...

2 months 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 ...

2 months 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...

2 months 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...

3 months 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...

3 months 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...

4 months 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...

5 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...

5 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...

6 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...

8 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
9 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...

9 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...

9 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...

9 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...

10 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...

11 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...

1 year 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...

1 year 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...

1 year ago - Business Wire