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 buy 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 brokers have issued twelve-month target prices for Chimera Investment's stock. Their CIM share price forecasts range from $7.00 to $9.00. On average, they predict the company's stock price to reach $7.83 in the next twelve months. This suggests a possible upside of 9.3% from the stock's current price.
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Chimera Investment's stock was trading at $5.50 at the start of the year. Since then, CIM shares have increased by 30.4% and is now trading at $7.17.
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Chimera Investment saw a drop in short interest in the month of January. As of January 15th, there was short interest totaling 8,630,000 shares, a drop of 20.8% from the December 31st total of 10,890,000 shares. Based on an average daily trading volume, of 2,210,000 shares, the days-to-cover ratio is currently 3.9 days. Approximately 3.8% of the company's stock are sold short.
View Chimera Investment's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 16th 2023.
View our CIM earnings forecast.

Chimera Investment Co. (NYSE:CIM) posted its quarterly earnings data on Thursday, November, 3rd. The real estate investment trust reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.02. Chimera Investment had a positive trailing twelve-month return on equity of 13.06% and a negative net margin of 73.42%. During the same quarter in the previous year, the company earned $0.42 earnings per share.

Chimera Investment declared a quarterly dividend on Thursday, November 17th. Investors of record on Friday, December 30th will be given a dividend of $0.23 per share on Tuesday, January 31st. This represents a $0.92 annualized dividend and a yield of 12.83%. The ex-dividend date of this dividend is Thursday, December 29th.
Read our dividend analysis for CIM.

Chimera Investment (NYSE:CIM) pays an annual dividend of $0.92 per share and currently has a dividend yield of 13.26%. 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 a variety of retail and institutional investors. Top institutional investors include Strs Ohio (0.02%), Capital Investment Advisors LLC (0.02%), Allspring Global Investments Holdings LLC (0.01%), Counterpoint Mutual Funds LLC (0.01%), Park Avenue Securities LLC (0.01%) and Private Advisor Group LLC (0.01%). 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 $7.17.

Chimera Investment (NYSE:CIM) has a market capitalization of $1.66 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 ($2.83) 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.