Chimera Investment (CIM) Expected to Announce Earnings on Thursday

Chimera Investment (NYSE:CIM - Get Free Report) will likely be posting its Q1 2025 quarterly earnings results before the market opens on Thursday, May 8th. Analysts expect Chimera Investment to post earnings of $0.38 per share and revenue of $72.07 million for the quarter.

Chimera Investment (NYSE:CIM - Get Free Report) last issued its earnings results on Wednesday, February 12th. The real estate investment trust reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.10). Chimera Investment had a return on equity of 7.00% and a net margin of 20.28%.

Chimera Investment Trading Down 0.7 %

Shares of NYSE CIM traded down $0.08 during mid-day trading on Tuesday, reaching $12.10. 83,032 shares of the company's stock were exchanged, compared to its average volume of 599,244. The firm has a market capitalization of $979.74 million, a price-to-earnings ratio of 11.22 and a beta of 1.76. The company has a debt-to-equity ratio of 2.82, a quick ratio of 3.03 and a current ratio of 0.06. Chimera Investment has a 52-week low of $9.85 and a 52-week high of $16.89. The company's 50-day moving average is $12.53 and its 200-day moving average is $13.89.

Chimera Investment Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 30th. Shareholders of record on Monday, March 31st were given a dividend of $0.37 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a $1.48 dividend on an annualized basis and a yield of 12.23%. Chimera Investment's payout ratio is currently 137.04%.

Analysts Set New Price Targets

CIM has been the topic of several research reports. JMP Securities reissued a "market perform" rating on shares of Chimera Investment in a report on Thursday, January 23rd. Royal Bank of Canada raised shares of Chimera Investment to a "moderate buy" rating in a report on Friday, March 14th. Finally, StockNews.com cut shares of Chimera Investment from a "buy" rating to a "hold" rating in a research note on Thursday, February 13th.

Insider Transactions at Chimera Investment

In other Chimera Investment news, Director Gerard Creagh purchased 12,500 shares of the stock in a transaction on Tuesday, March 11th. The shares were purchased at an average price of $13.31 per share, with a total value of $166,375.00. Following the completion of the transaction, the director now directly owns 138,127 shares in the company, valued at $1,838,470.37. This represents a 9.95 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.91% of the company's stock.

Chimera Investment Company Profile

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.