CHIMERA INVT CO/SH NEW Stock Forecast, Price & News

CHIMERA INVT CO/SH NEW's stock was trading at $18.36 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CIM stock has decreased by 52.8% and is now trading at $8.67.
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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."
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CHIMERA INVT CO/SH NEW is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
View our earnings forecast for CHIMERA INVT CO/SH NEW.

CHIMERA INVT CO/SH NEW (NYSE:CIM) announced its earnings results on Wednesday, August, 5th. The real estate investment trust reported $0.32 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.31 by $0.01. CHIMERA INVT CO/SH NEW had a negative net margin of 17.05% and a positive return on equity of 11.88%. During the same period last year, the company posted $0.53 earnings per share.
View CHIMERA INVT CO/SH NEW's earnings history.

CHIMERA INVT CO/SH NEW announced a quarterly dividend on Tuesday, September 15th. Investors of record on Tuesday, September 29th will be given a dividend of $0.30 per share on Thursday, October 29th. This represents a $1.20 dividend on an annualized basis and a yield of 13.84%. The ex-dividend date of this dividend is Monday, September 28th.
View CHIMERA INVT CO/SH NEW's dividend history.

4 analysts have issued 12 month target prices for CHIMERA INVT CO/SH NEW's shares. Their forecasts range from $9.00 to $12.00. On average, they expect CHIMERA INVT CO/SH NEW's stock price to reach $10.33 in the next twelve months. This suggests a possible upside of 19.2% from the stock's current price.
View analysts' price targets for CHIMERA INVT CO/SH NEW.

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), Two Harbors Investment (TWO), Apollo Commercial Real Est. Finance (ARI), MFA FINL INC/SH (MFA), Colony Capital (CLNY), NY MTG TR INC/SH (NYMT), Redwood Trust (RWT), Ready Capital (RC), ARMOUR Residential REIT (ARR), CAPSTEAD MTG CO/SH (CMO), Invesco Mortgage Capital (IVR) and Dynex Capital (DX).
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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), AGNC Investment (AGNC), Energy Transfer LP Unit (ET), AT&T (T), ARMOUR Residential REIT (ARR), NY MTG TR INC/SH (NYMT), Enterprise Products Partners (EPD) 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 many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (7.60%), Thornburg Investment Management Inc. (5.92%), LSV Asset Management (1.81%), West Family Investments Inc. (1.12%), Alyeska Investment Group L.P. (0.93%) and Charles Schwab Investment Management Inc. (0.82%). 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 Goldman Sachs Group Inc., LSV Asset Management, State Board of Administration of Florida Retirement System, New York State Common Retirement Fund, WINTON GROUP Ltd, Mitsubishi UFJ Trust & Banking Corp, Sei Investments Co., and Two Sigma Advisers LP.
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CIM stock was purchased by a variety of institutional investors in the last quarter, including Thornburg Investment Management Inc., Alyeska Investment Group L.P., Nuveen Asset Management LLC, Prudential Financial Inc., Charles Schwab Investment Management Inc., Bank of New York Mellon Corp, Cubist Systematic Strategies LLC, and First Trust Advisors LP. 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 $8.67.

CHIMERA INVT CO/SH NEW has a market capitalization of $2.01 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]