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Chimera InvestmentNYSE: CIM

Profile

Industry:

Mortgage

Country:

United States

IPO:

29 November 2007

Next earnings report:

14 February 2025

Last dividends:

30 September 2024

Next dividends:

N/A
$1.17 B
-70%vs. 3y high
49%vs. sector
-80%vs. 3y high
4%vs. sector
-58%vs. 3y high
17%vs. sector
-95%vs. 3y high
37%vs. sector

Price

regular market | 1 min ago
$14.41-$0.40(-2.73%)
$151.96 M$74.50 M
$151.96 M$136.46 M

Analysts recommendations

Institutional Ownership

CIM Latest News

Chimera Investment: Turnaround In Progress
seekingalpha.com08 November 2024 Sentiment: POSITIVE

The third quarter showed positive financial metrics, but earnings did not cover the dividend, reflecting ongoing challenges. Chimera's recent acquisition of an alternative asset manager and leadership changes signal a potential turnaround, but integration risks remain. With a favorable macro environment and the potential for future dividend increases, the Company has potential.

Chimera Investment (CIM) Q3 Earnings and Revenues Miss Estimates
zacks.com06 November 2024 Sentiment: NEUTRAL

Chimera Investment (CIM) came out with quarterly earnings of $0.36 per share, missing the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.39 per share a year ago.

Chimera Investment Corporation (NYSE: CIM) (“Chimera”) Announces Definitive Agreement to Acquire Palisades Group
businesswire.com17 October 2024 Sentiment: POSITIVE

NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE: CIM) (“Chimera”) today announced that it has entered into a definitive agreement to acquire Palisades Group (“Palisades”), a U.S.-based alternative asset manager specializing in residential real estate credit. Founded in 2012, Palisades manages and invests in residential real estate assets across a broad spectrum of credit products. Upon closing, Jack Macdowell, Jr., co-founder and Chief Investment Officer of Palisades, will becom.

Chimera: 10% Yield, 2 Dividend Hikes, 29% BV Discount
seekingalpha.com14 October 2024 Sentiment: POSITIVE

Chimera Investment Corporation completed a 1-for-3 stock split and benefits from the central bank's push for lower short-term interest rates. CIM raised its dividend twice in 2024, resulting in a leading dividend yield of 9.8%, and covered its dividend well with distributable earnings. Chimera Investment's stock trades at a 29% discount to book value, presenting a high margin of safety for passive income investors.

Chimera Investment Corporation Announces Date of Third Quarter 2024 Financial Results and Conference Call
businesswire.com11 October 2024 Sentiment: POSITIVE

NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE: CIM) (the "Company") announced today that it plans to release its financial results for the quarter ended September 30, 2024, on Wednesday, November 6, 2024, prior to 7:00 a.m. EDT. The Company will conduct a conference call and audio webcast to discuss the results on Wednesday, November 6, 2024, at 8:30 a.m. EDT. Call-in Number: U.S. Toll Free 866-604-1613 International +1 201-689-7810 Webcast https://www.chimerareit.com/news-eve.

Chimera Integrations Named SDM's 2024 Integrator of the Year, Leading the Security Industry in Innovation, Community, and Growth
businesswire.com04 October 2024 Sentiment: POSITIVE

SYRACUSE, N.Y.--(BUSINESS WIRE)-- #Security--Chimera Integrations named SDM's 2024 Integrator of the Year for leadership in tech innovation, community impact, and rapid growth.

Chimera Increases Third Quarter 2024 Common Stock Dividends to $0.37
businesswire.com19 September 2024 Sentiment: POSITIVE

NEW YORK--(BUSINESS WIRE)--The Board of Directors of Chimera Investment Corporation announced the declaration of its third quarter cash dividend of $0.37 per common share. The dividend is payable on October 31, 2024 to common stockholders of record on September 30, 2024. The ex-dividend date is September 30, 2024. “We are pleased to announce an increase in our common stock dividend for the second consecutive quarter,” said Phillip J. Kardis II, President and CEO of Chimera. “We continue to seek.

Chimera Integrations Expands Operations, Opens New Office in Syracuse NY, Celebrates Awards
businesswire.com18 September 2024 Sentiment: POSITIVE

SYRACUSE, N.Y.--(BUSINESS WIRE)-- #Security--Chimera Integrations opens new Syracuse HQ, highlighted by its rankings on Inc 5000 and SDM 100, emphasizing robust growth and community focus.

Is the Options Market Predicting a Spike in Chimera Investment (CIM) Stock?
zacks.com26 August 2024 Sentiment: POSITIVE

Investors need to pay close attention to Chimera Investment (CIM) stock based on the movements in the options market lately.

Chimera Preferreds: Positioning With Consideration For Pace And Extent Of Interest Rate Change
seekingalpha.com13 August 2024 Sentiment: POSITIVE

Fed speculation leads to increased market volatility and interest rate reductions. CIM preferred stocks pricing remains stable despite bond market rally. Active monitoring and readiness for interest rate changes can lead to advantageous investment decisions.

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What type of business is Chimera Investment?

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 classes. The company qualifies as a real estate investment trust (REIT) for federal income tax purposes. As a REIT, it intends to distribute at least 90% of its taxable income as dividends to shareholders. Chimera Investment Corporation was incorporated in 2007 and is headquartered in New York, New York.

What sector is Chimera Investment in?

Chimera Investment is in the Real Estate sector

What industry is Chimera Investment in?

Chimera Investment is in the Mortgage industry

What country is Chimera Investment from?

Chimera Investment is headquartered in United States

When did Chimera Investment go public?

Chimera Investment initial public offering (IPO) was on 29 November 2007

What is Chimera Investment website?

https://www.chimerareit.com

Is Chimera Investment in the S&P 500?

No, Chimera Investment is not included in the S&P 500 index

Is Chimera Investment in the NASDAQ 100?

No, Chimera Investment is not included in the NASDAQ 100 index

Is Chimera Investment in the Dow Jones?

No, Chimera Investment is not included in the Dow Jones index

When was Chimera Investment the previous earnings report?

No data

When does Chimera Investment earnings report?

The next expected earnings date for Chimera Investment is 14 February 2025