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 year. 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.
View CIM analyst ratings or view top-rated stocks.

2 equities research analysts have issued twelve-month target prices for Chimera Investment's stock. Their CIM share price forecasts range from $9.00 to $9.50. On average, they predict the company's share price to reach $9.25 in the next year. This suggests that the stock has a possible downside of 3.5%.
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Chimera Investment's stock was trading at $15.08 at the beginning of 2022. Since then, CIM shares have decreased by 36.4% and is now trading at $9.59.
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Chimera Investment saw a decrease in short interest in July. As of July 31st, there was short interest totaling 10,140,000 shares, a decrease 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 presently 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) posted its earnings results on Thursday, August, 4th. The real estate investment trust reported $0.31 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.37 by $0.06. The real estate investment trust had revenue of $116.89 million for the quarter, compared to analyst estimates of $131.19 million. Chimera Investment had a negative net margin of 8.93% and a positive trailing twelve-month return on equity of 13.07%. The company's revenue for the quarter was down 32.1% on a year-over-year basis. During the same period last year, the firm posted $0.54 EPS.

Chimera Investment declared a quarterly dividend on Wednesday, May 4th. Investors of record on Thursday, June 30th will be paid a dividend of $0.33 per share on Thursday, July 28th. This represents a $1.32 dividend on an annualized basis and a yield of 13.76%. 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 13.68%. 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 institutional and retail investors. Top institutional shareholders include Thornburg Investment Management Inc. (7.31%), Centiva Capital LP (3.55%), State Street Corp (2.30%), Leeward Investments LLC MA (1.25%), Northern Trust Corp (1.05%) and Capital Advisors Inc. OK (0.57%). Insiders that own company stock include Choudhary Yarlagadda, Kelley Kortman, Matthew Lambiase, Paul Donlin, Phillip John Kardis II and Robert S Colligan.
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 $9.59.

Chimera Investment (NYSE:CIM) has a market capitalization of $2.22 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.