Chimera Investment (CIM) Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Chimera Investment in the last twelve months. There are currently 1 sell rating, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CIM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CIM, but not buy additional shares or sell existing shares.
View CIM analyst ratings or view top-rated stocks.

3 brokers have issued twelve-month price targets for Chimera Investment's shares. Their CIM share price forecasts range from $5.50 to $9.00. On average, they anticipate the company's share price to reach $7.17 in the next year. This suggests a possible upside of 50.9% from the stock's current price.
View analysts price targets for CIM or view top-rated stocks among Wall Street analysts.

Chimera Investment's stock was trading at $5.50 at the beginning of 2023. Since then, CIM stock has decreased by 13.6% and is now trading at $4.75.
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Chimera Investment saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 9,630,000 shares, an increase of 7.5% from the April 15th total of 8,960,000 shares. Based on an average daily trading volume, of 2,020,000 shares, the short-interest ratio is presently 4.8 days. Approximately 4.2% of the company's shares are short sold.
View Chimera Investment's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our CIM earnings forecast.

Chimera Investment Co. (NYSE:CIM) issued its earnings results on Thursday, May, 4th. The real estate investment trust reported $0.13 EPS for the quarter, missing analysts' consensus estimates of $0.16 by $0.03. The real estate investment trust earned $189.25 million during the quarter, compared to the consensus estimate of $86.60 million. Chimera Investment had a negative net margin of 25.38% and a positive trailing twelve-month return on equity of 9.79%. During the same period last year, the company earned $0.39 earnings per share.

Chimera Investment declared a quarterly dividend on Thursday, February 2nd. Stockholders of record on Friday, March 31st will be given a dividend of $0.23 per share on Thursday, April 27th. This represents a $0.92 dividend on an annualized basis and a yield of 19.37%. The ex-dividend date is Thursday, March 30th.
Read our dividend analysis for CIM.

ETFs with the largest weight of Chimera Investment (NYSE:CIM) stock in their portfolio include VanEck Mortgage REIT Income ETF (MORT), Invesco KBW High Dividend Yield Financial ETF (KBWD), iShares Mortgage Real Estate ETF (REM), WisdomTree Alternative Income Fund (HYIN), Hoya Capital High Dividend Yield ETF (RIET), Global X SuperDividend ETF (SDIV), GraniteShares HIPS US High Income ETF (HIPS) and Hoya Capital Housing ETF (HOMZ).

Chimera Investment (NYSE:CIM) pays an annual dividend of $0.92 per share and currently has a dividend yield of 19.53%. CIM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for CIM.

3 employees have rated Chimera Investment Chief Executive Officer Matthew Lambiase on Glassdoor.com. Matthew Lambiase has an approval rating of 100% among the company's employees. This puts Matthew Lambiase in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Chimera Investment investors own include New Residential Investment (NRZ), Annaly Capital Management (NLY), Marathon Oil (MRO), AGNC Investment (AGNC), Energy Transfer (ET), AT&T (T), ARMOUR Residential REIT (ARR), New York Mortgage Trust (NYMT), Enterprise Products Partners (EPD) and NGL Energy Partners (NGL).

Chimera Investment trades on the New York Stock Exchange (NYSE) under the ticker symbol "CIM."

Chimera Investment's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.43%), Thornburg Investment Management Inc. (7.38%), State Street Corp (2.39%), Geode Capital Management LLC (1.91%), Leeward Investments LLC MA (1.34%) and Charles Schwab Investment Management Inc. (0.95%).
View institutional ownership trends.

Shares of CIM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CIM stock can currently be purchased for approximately $4.75.

Chimera Investment (NYSE:CIM) has a market capitalization of $1.10 billion and generates $773.12 million in revenue each year. The real estate investment trust earns $-513,070,000.00 in net income (profit) each year or ($1.13) on an earnings per share basis.

Chimera Investment's mailing address is 520 MADISON AVENUE 32ND FLOOR, NEW YORK NY, 10022. The official website for the company is www.chimerareit.com. The real estate investment trust can be reached via phone at (888) 895-6557, via email at investor@chimerareit.com, or via fax at 212-696-9809.