Chimera Investment - CIM Stock Forecast, Price & News

2 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 and 1 hold 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.
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2 brokerages have issued twelve-month price objectives for Chimera Investment's stock. Their CIM share price forecasts range from $9.00 to $9.50. On average, they expect the company's stock price to reach $9.25 in the next year. This suggests that the stock has a possible downside of 1.7%.
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Chimera Investment's stock was trading at $15.08 at the start of the year. Since then, CIM stock has decreased by 37.6% and is now trading at $9.41.
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Chimera Investment saw a drop in short interest during the month of July. As of July 31st, there was short interest totaling 10,140,000 shares, a drop of 10.5% from the July 15th total of 11,330,000 shares. Based on an average daily trading volume, of 2,480,000 shares, the days-to-cover ratio is currently 4.1 days.
View Chimera Investment's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our CIM earnings forecast.

Chimera Investment Co. (NYSE:CIM) announced its quarterly earnings data on Thursday, August, 4th. The real estate investment trust reported $0.31 EPS for the quarter, missing analysts' consensus estimates of $0.37 by $0.06. The real estate investment trust earned $116.89 million during the quarter, compared to analyst estimates of $131.19 million. Chimera Investment had a positive trailing twelve-month return on equity of 13.07% and a negative net margin of 8.93%. The firm's quarterly revenue was down 32.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.54 earnings per share.

Chimera Investment declared a quarterly dividend on Wednesday, May 4th. Shareholders of record on Thursday, June 30th will be given a dividend of $0.33 per share on Thursday, July 28th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 14.03%. The ex-dividend date of this dividend is Wednesday, June 29th.
Read our dividend analysis for CIM.

Chimera Investment (NYSE:CIM) pays an annual dividend of $1.32 per share and currently has a dividend yield of 14.10%. 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 many different retail and institutional investors. Top institutional investors include Thornburg Investment Management Inc. (7.31%), Leeward Investments LLC MA (1.25%), Capital Advisors Inc. OK (0.57%), Van ECK Associates Corp (0.40%), JPMorgan Chase & Co. (0.20%) and Envestnet Asset Management Inc. (0.15%). Insiders that own company stock include Choudhary Yarlagadda, Kelley Kortman, Matthew Lambiase, Paul Donlin, Phillip John Kardis II and Robert S Colligan.
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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 $9.41.

Chimera Investment (NYSE:CIM) has a market capitalization of $2.18 billion and generates $937.55 million in revenue each year. The real estate investment trust earns $670.11 million in net income (profit) each year or ($0.65) 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 (212) 626-2300, via email at investor@chimerareit.com, or via fax at 212-696-9809.