NYSE:CIMCHIMERA INVT CO/SH NEW Stock Price, Forecast & News

CHIMERA INVT CO/SH NEW's stock was trading at $18.36 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CIM stock has decreased by 51.5% and is now trading at $8.90. View which stocks have been most impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CHIMERA INVT CO/SH NEW in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for CHIMERA INVT CO/SH NEW.

CHIMERA INVT CO/SH NEW is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for CHIMERA INVT CO/SH NEW.

CHIMERA INVT CO/SH NEW (NYSE:CIM) issued its earnings results on Wednesday, May, 6th. The real estate investment trust reported $0.57 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.32 by $0.25. The real estate investment trust had revenue of $155.18 million for the quarter, compared to analysts' expectations of $114.70 million. CHIMERA INVT CO/SH NEW had a positive return on equity of 12.02% and a negative net margin of 7.15%. View CHIMERA INVT CO/SH NEW's earnings history.

CHIMERA INVT CO/SH NEW announced a quarterly dividend on Wednesday, June 10th. Investors of record on Monday, June 22nd will be given a dividend of $0.30 per share on Friday, July 31st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 13.48%. The ex-dividend date of this dividend is Friday, June 19th. View CHIMERA INVT CO/SH NEW's dividend history.

4 brokerages have issued 1 year price targets for CHIMERA INVT CO/SH NEW's stock. Their forecasts range from $9.00 to $19.50. On average, they anticipate CHIMERA INVT CO/SH NEW's share price to reach $12.88 in the next twelve months. This suggests a possible upside of 44.7% from the stock's current price. View analysts' price targets for CHIMERA INVT CO/SH NEW.

News articles about CIM stock have trended somewhat negative this week, InfoTrie reports. The research group rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. CHIMERA INVT CO/SH NEW earned a daily sentiment score of -1.6 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the near future. View the latest news about CHIMERA INVT CO/SH NEW.

CHIMERA INVT CO/SH NEW saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 17,090,000 shares, a decline of 48.6% from the June 15th total of 33,220,000 shares. Based on an average trading volume of 7,090,000 shares, the days-to-cover ratio is presently 2.4 days. Approximately 9.4% of the shares of the stock are sold short. View CHIMERA INVT CO/SH NEW's Current Options Chain.

Some companies that are related to CHIMERA INVT CO/SH NEW include ANNALY CAP MGMT/SH (NLY), AGNC Investment (AGNC), Starwood Property Trust (STWD), PennyMac Mortgage Investment Trust (PMT), Apollo Commercial Real Est. Finance (ARI), Two Harbors Investment (TWO), Colony Capital (CLNY), MFA FINL INC/SH (MFA), NY MTG TR INC/SH (NYMT), Redwood Trust (RWT), ARMOUR Residential REIT (ARR), Invesco Mortgage Capital (IVR), CAPSTEAD MTG CO/SH (CMO), Ready Capital (RC) and Dynex Capital (DX). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other CHIMERA INVT CO/SH NEW investors own include New Residential Investment (NRZ), ANNALY CAP MGMT/SH (NLY), Marathon Oil (MRO), AT&T (T), AGNC Investment (AGNC), Energy Transfer LP Unit (ET), NY MTG TR INC/SH (NYMT), ARMOUR Residential REIT (ARR), Ares Capital (ARCC) and Invesco Mortgage Capital (IVR).

CHIMERA INVT CO/SH NEW trades on the New York Stock Exchange (NYSE) under the ticker symbol "CIM."

CHIMERA INVT CO/SH NEW's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.03%) and Diversified Trust Co (0.01%). Company insiders that own CHIMERA INVT CO/SH NEW stock include Choudhary Yarlagadda, Matthew Lambiase, Paul Donlin, Phillip John Kardis II and Robert S Colligan. View institutional ownership trends for CHIMERA INVT CO/SH NEW.

CIM stock was sold by a variety of institutional investors in the last quarter, including Diversified Trust Co. View insider buying and selling activity for CHIMERA INVT CO/SH NEW.

CIM stock was bought by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc.. Company insiders that have bought CHIMERA INVT CO/SH NEW stock in the last two years include Choudhary Yarlagadda, Matthew Lambiase, Paul Donlin, Phillip John Kardis II, and Robert S Colligan. View insider buying and selling activity for CHIMERA INVT CO/SH NEW.

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

One share of CIM stock can currently be purchased for approximately $8.90.

CHIMERA INVT CO/SH NEW has a market capitalization of $1.71 billion and generates $1.36 billion in revenue each year. The real estate investment trust earns $413.55 million in net income (profit) each year or $2.25 on an earnings per share basis. CHIMERA INVT CO/SH NEW employs 38 workers across the globe.

The official website for CHIMERA INVT CO/SH NEW is www.chimerareit.com.

CHIMERA INVT CO/SH NEW's mailing address is 520 MADISON AVENUE 32ND FLOOR, NEW YORK NY, 10022. The real estate investment trust can be reached via phone at 212-626-2300 or via email at [email protected]