About Chimera Investment Corporation (NYSE:CIM)
Chimera Investment Corporation is a real estate investment trust (REIT). The company is engaged in the business of investing in a portfolio of mortgage assets, including agency residential mortgage-backed security (RMBS), non-agency RMBS, agency commercial mortgage-backed securities (CMBS), residential mortgage loans and real estate related securities. The Company's objective is to provide risk-adjusted returns to its investors over the long-term, primarily through dividends and secondarily through capital appreciation. The Company focuses to achieve this objective by investing in an investment portfolio of RMBS, agency CMBS, residential mortgage loans, commercial mortgage loans, real estate-related securities and various other asset classes. The MBS and real estate-related securities the Company purchases include investment-grade and non-investment grade classes, including the BB-rated, B-rated and non-rated classes. It also invests in investment grade and non-investment grade RMBS.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Mortgage REITs
- Sub-Industry: Mortgage REITs
- Symbol: NYSE:CIM
- CUSIP: 16934Q10
- Web: www.chimerareit.com
Capitalization:- Market Cap: $3.60352 billion
- Outstanding Shares: 187,781,000
Average Prices:- 50 Day Moving Avg: $19.10
- 200 Day Moving Avg: $19.10
- 52 Week Range: $15.23 - $20.90
P/E:- Trailing P/E Ratio: 5.53
- Foreward P/E Ratio: 7.85
- P/E Growth: -28.14
Sales & Book Value:- Annual Revenue: $933.35 million
- Price / Sales: 3.87
- Book Value: $19.05 per share
- Price / Book: 1.01
Dividend:- Annual Dividend: $2.00
- Dividend Yield: 10.4%
Profitability:- Net Margins: 63.94%
- Return on Equity: 14.27%
- Return on Assets: 2.52%
Debt:- Debt-to-Equity Ratio: 2.73%
- Current Ratio: 0.04%
- Quick Ratio: 0.04%
Misc:- Average Volume: 961,163 shs.
- Beta: 0.88
- Short Ratio: 3.21
Frequently Asked Questions for Chimera Investment Corporation (NYSE:CIM)
What is Chimera Investment Corporation's stock symbol?
Chimera Investment Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "CIM."
How often does Chimera Investment Corporation pay dividends? What is the dividend yield for Chimera Investment Corporation?
Chimera Investment Corporation announced a quarterly dividend on Wednesday, August 2nd. Shareholders of record on Friday, September 29th will be given a dividend of $0.50 per share on Friday, October 27th. This represents a $2.00 dividend on an annualized basis and a yield of 10.40%. The ex-dividend date is Thursday, September 28th. View Chimera Investment Corporation's Dividend History.
How were Chimera Investment Corporation's earnings last quarter?
Chimera Investment Corporation (NYSE:CIM) released its quarterly earnings results on Wednesday, August, 2nd. The company reported $0.60 earnings per share for the quarter, missing the consensus estimate of $0.63 by $0.03. The firm had revenue of $150.70 million for the quarter, compared to analyst estimates of $149.75 million. Chimera Investment Corporation had a net margin of 63.94% and a return on equity of 14.27%. The business's quarterly revenue was up 9.3% on a year-over-year basis. During the same quarter last year, the business posted $0.51 EPS. View Chimera Investment Corporation's Earnings History.
When will Chimera Investment Corporation make its next earnings announcement?
Where is Chimera Investment Corporation's stock going? Where will Chimera Investment Corporation's stock price be in 2017?
4 brokerages have issued 1-year price objectives for Chimera Investment Corporation's shares. Their forecasts range from $18.00 to $20.00. On average, they anticipate Chimera Investment Corporation's stock price to reach $18.83 in the next year. View Analyst Ratings for Chimera Investment Corporation.
Who are some of Chimera Investment Corporation's key competitors?
Some companies that are related to Chimera Investment Corporation include Starwood Property Trust (STWD), New Residential Investment Corp. (NRZ), MFA Financial (MFA), Capital Trust (BXMT), Invesco Mortgage Capital (IVR), Apollo Commercial Real Estate Finance (ARI), CYS Investments (CYS), Redwood Trust (RWT), Ladder Capital Corp (LADR), PennyMac Mortgage Investment Trust (PMT), KKR Real Estate Finance Trust (KREF), Capstead Mortgage Corporation (CMO), American Capital Mortgage Investment Corp. (MTGE), iStar Financial (STAR), Granite Point Mortgage Trust (GPMT), New York Mortgage Trust (NYMT), AG Mortgage Investment Trust (MITT) and Orchid Island Capital (ORC).
Who are Chimera Investment Corporation's key executives?
Chimera Investment Corporation's management team includes the folowing people:
- Matthew Lambiase, President, Chief Executive Officer, Director
- Robert S. Colligan, Chief Financial Officer
- Choudhary Yarlagadda, Chief Operating Officer
- Mohit Marria, Chief Investment Officer
- Phillip John Kardis II, Chief Legal Officer ,Secretary
- Paul Donlin, Non-Executive Independent Chairman of the Board
- Mark Abrams, Independent Director
- Gerard Creagh, Independent Director
- Paul A. Keenan, Independent Director
- Dennis M. Mahoney, Independent Director
How do I buy Chimera Investment Corporation stock?
Shares of Chimera Investment Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Chimera Investment Corporation's stock price today?
One share of Chimera Investment Corporation stock can currently be purchased for approximately $19.23.
MarketBeat Community Rating for Chimera Investment Corporation (NYSE CIM)MarketBeat's community ratings are surveys of what our community members think about Chimera Investment Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Chimera Investment Corporation (NYSE:CIM) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 4 Hold Ratings |
| Consensus Rating: | Hold (Score: 2.00) |
| Consensus Price Target: | $18.83 (2.06% downside) |
Consensus Price Target History for Chimera Investment Corporation (NYSE:CIM)
Analysts' Ratings History for Chimera Investment Corporation (NYSE:CIM)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 10/10/2017 | Barclays PLC | Set Price Target | Hold | $17.00 -> $18.00 | N/A |  |
| 10/6/2017 | Keefe, Bruyette & Woods | Reiterated Rating | Hold | $18.50 | N/A | |
| 8/3/2017 | Deutsche Bank AG | Boost Price Target | Hold | $19.00 -> $20.00 | Low | |
| 2/16/2017 | Wells Fargo & Co | Upgrade | Underperform -> Market Perform | | N/A | |
| 9/9/2016 | Credit Suisse Group | Reiterated Rating | Hold | $15.50 | N/A | |
| 8/10/2016 | Nomura | Reiterated Rating | Buy | $17.00 -> $18.00 | N/A | |
(Data available from 10/20/2015 forward)
Earnings History for Chimera Investment Corporation (NYSE:CIM)Earnings History by Quarter for Chimera Investment Corporation (NYSE CIM)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/2/2017 | | $0.61 | | | | | N/A | |
| 8/2/2017 | Q2 2017 | $0.63 | $0.60 | $149.75 million | $150.70 million | View | Listen | |
| 5/1/2017 | Q1 2017 | $0.58 | $0.51 | $140.90 million | $141.11 million | View | Listen | |
| 2/14/2017 | Q416 | $0.62 | $0.65 | $148.08 million | $154.10 million | View | N/A | |
| 11/1/2016 | Q316 | $0.57 | $0.68 | $131.60 million | $156.04 million | View | N/A | |
| 8/3/2016 | Q216 | $0.53 | $0.51 | $134.42 million | $137.87 million | View | N/A | |
| 5/2/2016 | Q116 | $0.53 | $0.58 | $138.20 million | $138.21 million | View | N/A | |
| 2/17/2016 | Q415 | $0.53 | $0.53 | $144.42 million | $137.00 million | View | Listen | |
| 11/3/2015 | Q315 | $0.55 | $0.50 | $160.30 million | $143.97 million | View | N/A | |
| 8/5/2015 | Q215 | $0.60 | $0.53 | $168.37 million | $149.76 million | View | N/A | |
| 5/11/2015 | Q1 | $0.59 | $0.59 | $164.40 million | $182.69 million | View | N/A | |
| 11/10/2014 | Q314 | $0.10 | $0.11 | $161.30 million | $151.47 million | View | N/A | |
| 8/1/2011 | | $0.15 | $0.11 | | | View | N/A | |
| 5/5/2011 | | $0.16 | $0.15 | | | View | N/A | |
| 2/9/2011 | | $0.17 | $0.14 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Chimera Investment Corporation (NYSE:CIM)2017 EPS Consensus Estimate: $2.00
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | $0.50 | $0.50 | $0.50 |
| Q2 2017 | 1 | $0.50 | $0.50 | $0.50 |
| Q3 2017 | 1 | $0.50 | $0.50 | $0.50 |
| Q4 2017 | 1 | $0.50 | $0.50 | $0.50 |
(Data provided by Zacks Investment Research)
Current Dividend Information for Chimera Investment Corporation (NYSE:CIM)| Next Dividend: | 10/27/2017 |
| Annual Dividend: | $2.00 |
| Dividend Yield: | 10.40% |
| Dividend Growth: | 2.20% (3 Year Average) |
| Payout Ratio: | 57.31% (Trailing 12 Months of Earnings)
86.58% (Based on This Year's Estimates)
81.63% (Based on Next Year's Estimates)
|
| Track Record: | 2 Years of Consecutive Dividend Growth |
Dividend History by Quarter for Chimera Investment Corporation (NYSE CIM)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 8/2/2017 | quarterly | $0.50 | 10.68% | 9/28/2017 | 9/29/2017 | 10/27/2017 |
| 5/1/2017 | quarterly | $0.50 | 10.31% | 6/28/2017 | 6/30/2017 | 7/28/2017 |
| 2/14/2017 | quarterly | $0.50 | 11.12% | 3/29/2017 | 3/29/2017 | 4/28/2017 |
| 11/1/2016 | quarterly | $0.50 | 12.3% | 12/28/2016 | 12/30/2016 | 1/27/2017 |
| 8/3/2016 | quarterly | $0.48 | 11.74% | 9/28/2016 | 9/30/2016 | 10/27/2016 |
| 5/2/2016 | quarterly | $0.48 | 12.81% | 6/28/2016 | 6/30/2016 | 7/29/2016 |
| 3/3/2016 | special | $0.50 | 13.84% | 3/15/2016 | 3/17/2016 | 3/31/2016 |
| 2/29/2016 | quarterly | $0.48 | 14.74% | 3/29/2016 | 3/31/2016 | 4/28/2016 |
| 12/11/2015 | quarterly | $0.48 | 14.93% | 12/29/2015 | 12/31/2015 | 1/29/2016 |
| 9/14/2015 | quarterly | $0.48 | 13.61% | 9/28/2015 | 9/30/2015 | 10/30/2015 |
| 6/11/2015 | quarterly | $0.48 | | 6/26/2015 | 6/30/2015 | 7/30/2015 |
| 3/17/2015 | quarterly | $0.10 | 11.93% | 3/27/2015 | 3/31/2015 | 4/30/2015 |
| 12/18/2014 | quarterly | $0.09 | 10.75% | 12/29/2014 | 12/31/2014 | 1/29/2015 |
| 9/17/2014 | quarterly | $0.09 | 11.32% | 9/26/2014 | 9/30/2014 | 10/29/2014 |
| 6/4/2014 | quarterly | $0.09 | 10.91% | 6/26/2014 | 6/30/2014 | 7/24/2014 |
| 3/21/2014 | quarterly | $0.09 | 11.39% | 3/27/2014 | 3/31/2014 | 4/24/2014 |
| 12/19/2013 | special | $0.20 | 11.29% | 1/6/2014 | 1/8/2014 | 1/31/2014 |
| 12/12/2013 | quarterly | $0.09 | 11.88% | 12/27/2013 | 12/31/2013 | 1/24/2014 |
| 8/23/2013 | quarterly | $0.09 | 12.16% | 10/2/2013 | 10/4/2013 | 10/31/2013 |
| 6/19/2013 | quarterly | $0.09 | 12.2% | 6/27/2013 | 7/1/2013 | 7/31/2013 |
| 3/20/2013 | quarterly | $0.09 | 11.11% | 3/27/2013 | 4/1/2013 | 4/25/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Chimera Investment Corporation (NYSE:CIM)Insider Ownership Percentage: 0.65%
Institutional Ownership Percentage: 52.19%
Insider Trades by Quarter for Chimera Investment Corporation (NYSE:CIM)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 9/9/2016 | Choudhary Yarlagadda | COO | Buy | 2,305 | $16.10 | $37,110.50 | |
| 2/29/2016 | Choudhary Yarlagadda | COO | Buy | 12,250 | $13.08 | $160,230.00 | |
| 2/29/2016 | Mohit Marria | CIO | Buy | 15,000 | $13.11 | $196,650.00 | |
| 2/29/2016 | Paul Donlin | Director | Buy | 20,000 | $13.05 | $261,000.00 | |
| 12/14/2015 | Paul Donlin | Director | Buy | 30,000 | $12.90 | $387,000.00 | |
| 8/15/2014 | William B Dyer | Insider | Buy | 15,000 | $3.24 | $48,600.00 | |
| 8/14/2014 | Mohit Marria | CIO | Buy | 42,500 | $3.21 | $136,425.00 | |
| 8/14/2014 | Robert S Colligan | CFO | Buy | 30,000 | $3.21 | $96,300.00 | |
| 8/13/2014 | Matthew Lambiase | CEO | Buy | 100,000 | $3.20 | $320,000.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Chimera Investment Corporation (NYSE:CIM)
Latest Headlines for Chimera Investment Corporation (NYSE:CIM)
| Source: |
|
| Date | Headline |
|---|
 | Chimera Investment Corporation Announces Date of Third Quarter 2017 Financial Results and Conference Call
finance.yahoo.com - October 19 at 5:46 PM |
| Chimera Investment Corporation Announces Date of Third Quarter 2017 Financial Results and Conference Call
finance.yahoo.com - October 19 at 5:46 PM |
 | 2 Dividend Investments, With One Preferred Share The Clear Winner
seekingalpha.com - October 11 at 11:42 PM |
| Chimera Investment Corp. : CIM-US: Dividend Analysis : September 28th, 2017 (record date) : By the numbers : October 11, 2017
finance.yahoo.com - October 11 at 6:42 PM |
| Chimera Investment Corp. breached its 50 day moving average in a Bearish Manner : CIM-US : October 9, 2017
finance.yahoo.com - October 9 at 5:50 PM |
 | Chimera Investment Corporation (CIM) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - October 8 at 4:42 PM |
| Chimera Investment Corporation (CIM) Earns "Hold" Rating from Keefe, Bruyette & Woods
www.americanbankingnews.com - October 6 at 9:08 PM |
| Analyzing Chimera Investment Corporation (CIM) and Its Rivals
www.americanbankingnews.com - October 3 at 4:28 AM |
| Chimera Investment Corp. breached its 50 day moving average in a Bearish Manner : CIM-US : September 28, 2017
finance.yahoo.com - October 2 at 5:09 PM |
| Why Not Buy Chimera Investment's 7.7% Yielding Preferred Stock? - Seeking Alpha
seekingalpha.com - September 29 at 4:15 PM |
 | Chimera Investment Corporation (CIM) Ex-Dividend Date Scheduled for September ...
www.nasdaq.com - September 27 at 7:30 PM |
| Chimera Investment Corporation (CIM) & Its Peers Head-To-Head Survey
www.americanbankingnews.com - September 26 at 12:32 PM |
| Chimera Investment Corp.: Be Fearful When Others Are Greedy - Seeking Alpha
seekingalpha.com - September 25 at 3:32 PM |
| Chimera Investment Corporation (CIM) versus The Competition Head to Head Comparison
www.americanbankingnews.com - September 22 at 10:30 AM |
| Opportunities Aplenty And Now Some Hold Options
seekingalpha.com - September 19 at 10:17 PM |
| Analyzing Chimera Investment Corporation (CIM) & Its Rivals
www.americanbankingnews.com - September 16 at 8:24 PM |
| Comparing Five Oaks Investment Corp. (OAKS) and Chimera Investment Corporation (CIM)
www.americanbankingnews.com - September 16 at 12:10 AM |
| Chimera Investment Corporation (CIM) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - September 13 at 6:43 PM |
| Chimera: Still The Best - Seeking Alpha
seekingalpha.com - September 1 at 5:28 PM |
| Wait For A Drop Before Scooping Up This Mortgage REIT's Fat 10.6% Yield - Seeking Alpha
seekingalpha.com - August 31 at 5:07 PM |
| Chimera Investment Corp. breached its 50 day moving average in a Bearish Manner : CIM-US : August 30, 2017
finance.yahoo.com - August 30 at 4:57 PM |
| Critical Analysis: Chimera Investment Corporation (CIM) & Western Asset Mortgage Capital Corporation (WMC)
www.americanbankingnews.com - August 24 at 2:08 AM |
| Chimera Investment Corporation (CIM) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - August 19 at 4:46 PM |
| Chimera Investment Corp. breached its 50 day moving average in a Bullish Manner : CIM-US : August 15, 2017
finance.yahoo.com - August 15 at 5:56 PM |
| IHS Markit Score downgrades Chimera Investment Corp to 41 out of 100, ranking positively in two out of three available IHS Markit categories.
finance.yahoo.com - August 11 at 5:39 PM |
| See what the IHS Markit Score report has to say about Chimera Investment Corp.
finance.yahoo.com - August 9 at 10:28 PM |
| Two 8% Dividend Yields Are Getting Expensive, I Prefer Alternative Preferred Shares - Seeking Alpha
seekingalpha.com - August 9 at 5:25 PM |
| Chimera Announces Revised Record Date for Third Quarter Common Stock Cash Dividend - Payment Amount, Payable Date and Ex-Dividend Date Unchanged
finance.yahoo.com - August 8 at 5:01 PM |
| Edited Transcript of CIM earnings conference call or presentation 2-Aug-17 1:00pm GMT
finance.yahoo.com - August 4 at 5:30 PM |
| Chimera Investment Corp. breached its 50 day moving average in a Bearish Manner : CIM-US : August 3, 2017
finance.yahoo.com - August 3 at 6:45 PM |
| Is Chimera Investment a Great Stock for Value Investors? - Nasdaq
www.nasdaq.com - August 3 at 4:00 AM |
| Chimera Investment's (CIM) CEO Matthew Lambiase on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 2 at 5:57 PM |
| CHIMERA INVESTMENT CORPORATION RELEASES 2ND QUARTER 2017 EARNINGS
finance.yahoo.com - August 2 at 5:57 PM |
| Chimera posts 2Q profit
finance.yahoo.com - August 2 at 5:57 PM |
| Chimera Investment Corporation (NYSE:CIM) Declares $0.50 Quarterly Dividend
www.americanbankingnews.com - August 2 at 4:53 PM |
| Chimera Investment Corporation (CIM) Releases Quarterly Earnings Results, Misses Estimates By $0.03 EPS
www.americanbankingnews.com - August 2 at 12:08 PM |
| Chimera Declares Third Quarter 2017 Common and Preferred Stock Dividends
finance.yahoo.com - August 1 at 5:53 PM |
| Chimera Investment Corporation (NYSE:CIM) Expected to Announce Earnings of $0.63 Per Share
www.americanbankingnews.com - July 29 at 7:21 AM |
| Chimera Investment Corporation (CIM) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - July 25 at 7:08 PM |
| Chimera Investment Corporation (NYSE:CIM) Scheduled to Post Quarterly Earnings on Tuesday
www.americanbankingnews.com - July 25 at 7:20 AM |
| ETFs with exposure to Chimera Investment Corp. : July 24, 2017
finance.yahoo.com - July 24 at 4:50 PM |
| Chimera Investment Corp. breached its 50 day moving average in a Bullish Manner : CIM-US : July 24, 2017
finance.yahoo.com - July 24 at 11:35 AM |
| CYS Is Good, But I Will Take This Instead
seekingalpha.com - July 21 at 5:04 AM |
| Chimera Investment Corporation Announces Date of Second Quarter 2017 Financial Results and Conference Call
finance.yahoo.com - July 20 at 7:02 PM |
| Chimera Has Two Good Investment Options While MTGE Has One Bad Option - Seeking Alpha
seekingalpha.com - July 18 at 6:44 PM |
| ETFs with exposure to Chimera Investment Corp. : July 14, 2017
finance.yahoo.com - July 14 at 7:15 PM |
| Chimera Investment Corp. breached its 50 day moving average in a Bearish Manner : CIM-US : July 10, 2017
finance.yahoo.com - July 10 at 5:12 PM |
| Chimera Investment Corp. breached its 50 day moving average in a Bearish Manner : CIM-US : July 10, 2017
finance.yahoo.com - July 10 at 5:12 PM |
| Notable Tuesday Option Activity: CIM, VSM, AMED - Nasdaq
www.nasdaq.com - June 27 at 4:32 PM |
| Ditch The 7.56% Yield For These Three Better Options - Seeking Alpha
seekingalpha.com - June 27 at 4:32 PM |
Chimera Investment Corporation (CIM) Chart for Friday, October, 20, 2017
