Chimera Investment - CIM Stock Forecast, Price & News

2 Wall Street 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 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 Wall Street analysts have issued 1 year price targets 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 17.6% from the stock's current price.
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Chimera Investment's stock was trading at $15.08 at the beginning of 2022. Since then, CIM stock has decreased by 55.8% and is now trading at $6.66.
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Chimera Investment saw a decline in short interest in the month of October. As of October 31st, there was short interest totaling 10,890,000 shares, a decline of 15.2% from the October 15th total of 12,840,000 shares. Based on an average daily volume of 2,890,000 shares, the days-to-cover ratio is currently 3.8 days. Currently, 4.8% of the company's shares 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) released its earnings results on Thursday, November, 3rd. The real estate investment trust reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.02. Chimera Investment had a negative net margin of 73.42% and a positive trailing twelve-month return on equity of 13.06%. During the same quarter last year, the company posted $0.42 EPS.

Chimera Investment announced a quarterly dividend on Thursday, November 17th. Shareholders of record on Friday, December 30th will be paid a dividend of $0.23 per share on Tuesday, January 31st. This represents a $0.92 annualized dividend and a yield of 13.81%. The ex-dividend date 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 13.86%. 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 number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.55%), BlackRock Inc. (8.17%), Centiva Capital LP (0.00%), State Street Corp (2.31%), Leeward Investments LLC MA (1.25%) and Nomura Holdings Inc. (0.00%). 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 $6.66.

Chimera Investment (NYSE:CIM) has a market capitalization of $1.54 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.