CIM

Chimera Investment
CIM
Market cap $1.3B

16.19 USD

+0.13

0.81%

At close Oct 17, 4:00 PM EDT

After hours

16.20

+0.01

0.06%

1 day

0.81%

5 days

6.65%

1 month

1.44%

3 months

3.58%

6 months

35.94%

Year to date

8.80%

1 year

3.58%

5 years

-73.34%

About: Chimera Investment Corporation is a real estate investment trust engaged in investing in a portfolio of mortgage assets on a leveraged basis. These investments include a variety of government-sponsored agency residential mortgage-backed securities, or RMBS, non-agency RMBS, agency commercial mortgage-backed securities, residential mortgage loans, and other real estate-related securities. Agency mortgage-backed securities represent the share of this portfolio, while subprime residential mortgage loans and non-agency RMBS also make up substantial shares.

Employees: 39

Financials Real Estate Investment Trusts

0

Funds holding %

of 6,740 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

232% more call options, than puts

Call options by funds: $13.6M | Put options by funds: $4.11M

4.55% less ownership

Funds ownership: 50.0% [Q1] → 45.45% (-4.55%) [Q2]

16% less capital invested

Capital invested by funds: $558M [Q1] → $469M (-$89.2M) [Q2]

27% less funds holding

Funds holding: 247 [Q1] → 180 (-67) [Q2]

71% less first-time investments, than exits

New positions opened: 27 | Existing positions closed: 94

94% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 144

See Fund Rankings

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target

$16

1%

downside

Avg. target

$16

1%

downside

High target

$16

1%

downside

1 analyst rating

0 positive

0%

1 neutral

100%

0 negative

0%

Keefe, Bruyette & Woods

Bose George

91% 1-year accuracy

29 / 32 met price target

1%downside

$16

Market Perform

Maintained

8 Aug 2024

See Analyst Rankings

Financial journalist opinion

Based on 10 articles about CIM published over the past 30 days

Chimera Investment Corporation (NYSE: CIM) (“Chimera”) Announces Definitive Agreement to Acquire Palisades Group

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 Investment Corporation (NYSE: CIM) (“Chimera”) Announces Definitive Agreement to Acquire Palisades Group

24/7 Wall Street

These 15 Stocks Are Among the Top Dividend Payers in the Russell 2000

Recognizing that one day “Magnificent 7” stocks like Apple were once small cap stocks (those with market caps between $250 million and $2 billion), FTSE Russell, a subsidiary of the London Stock Exchange, created the Russell 2000 Index.

These 15 Stocks Are Among the Top Dividend Payers in the Russell 2000

Chimera: 10% Yield, 2 Dividend Hikes, 29% BV Discount

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: 10% Yield, 2 Dividend Hikes, 29% BV Discount

Chimera Investment Corporation Announces Date of Third 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 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 Investment Corporation Announces Date of Third Quarter 2024 Financial Results and Conference Call

Chimera Integrations Named SDM's 2024 Integrator of the Year, Leading the Security Industry in Innovation, Community, and Growth

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 Integrations Named SDM's 2024 Integrator of the Year, Leading the Security Industry in Innovation, Community, and Growth

5 Shares Yielding 8% To 11%

We've got 5 shares in here plus a bonus. It's like 6, but easier to click. Some of these deals look better than others. Ex-dividend dates are coming up pretty soon for a few of them.

5 Shares Yielding 8% To 11%

U.S. equity and bond markets exhibited a surprisingly muted response to the Federal Reserve's decision to cut interest rates by 50 basis points, a distinctly dovish pivot following its aggressive tightening cycle. Longer-term benchmark rates actually climbed modestly after the decision in a "curve steepening" trade, reflecting concern that the Fed's dovish tack could revive some inflationary pressures. Led by "pro-cyclical" market segments, the S&P 500 posted gains of 1.1% this week, breaching fresh record highs on Thursday before paring post-Fed gains late in the week.

Fed Goes Big

The High Yield Desert

I frequently discuss high-yield sectors like mortgage REITs, BDCs, and preferred shares, emphasizing the importance of knowing when not to buy. Preferred shares have rallied above targets, reducing buying opportunities, while common shares offer higher risks. Some offer upside, but others mostly offer downside. I'll kick off the weekend by highlighting one with a high valuation, as investors pay top dollar for earnings that are about to melt away.

The High Yield Desert

Chimera Increases Third Quarter 2024 Common Stock Dividends to $0.37

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 Increases Third Quarter 2024 Common Stock Dividends to $0.37

Chimera Integrations Expands Operations, Opens New Office in Syracuse NY, Celebrates Awards

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.

Chimera Integrations Expands Operations, Opens New Office in Syracuse NY, Celebrates Awards

See News Rankings

Charts implemented using Lightweight Charts™