Chimera Investment Corporation Company Profile (NYSE:CIM)

About Chimera Investment Corporation (NYSE:CIM)

Chimera Investment Corporation logoChimera Investment Corporation is a real estate investment trust (REIT). The company is engaged in the business of investing in a portfolio of mortgage assets, including agency residential mortgage-backed security (RMBS), non-agency RMBS, agency commercial mortgage-backed securities (CMBS), residential mortgage loans and real estate related securities. The Company's objective is to provide risk-adjusted returns to its investors over the long-term, primarily through dividends and secondarily through capital appreciation. The Company focuses to achieve this objective by investing in an investment portfolio of RMBS, agency CMBS, residential mortgage loans, commercial mortgage loans, real estate-related securities and various other asset classes. The MBS and real estate-related securities the Company purchases include investment-grade and non-investment grade classes, including the BB-rated, B-rated and non-rated classes. It also invests in investment grade and non-investment grade RMBS.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Mortgage REITs
  • Sub-Industry: Mortgage REITs
  • Symbol: NYSE:CIM
  • CUSIP: 16934Q10
  • Web: www.chimerareit.com
Capitalization:
  • Market Cap: $3.59413 billion
  • Outstanding Shares: 187,781,000
Average Prices:
  • 50 Day Moving Avg: $19.10
  • 200 Day Moving Avg: $19.06
  • 52 Week Range: $15.25 - $20.90
P/E:
  • Trailing P/E Ratio: 5.46
  • Foreward P/E Ratio: 7.75
  • P/E Growth: -28.31
Sales & Book Value:
  • Annual Revenue: $933.35 million
  • Price / Sales: 3.82
  • Book Value: $19.05 per share
  • Price / Book: 1.00
Dividend:
  • Annual Dividend: $2.00
  • Dividend Yield: 10.5%
Profitability:
  • Net Margins: 63.94%
  • Return on Equity: 14.27%
  • Return on Assets: 2.52%
Debt:
  • Debt-to-Equity Ratio: 2.73%
  • Current Ratio: 0.04%
  • Quick Ratio: 0.04%
Misc:
  • Average Volume: 940,463 shs.
  • Beta: 0.88
  • Short Ratio: 3.21
 

Frequently Asked Questions for Chimera Investment Corporation (NYSE:CIM)

What is Chimera Investment Corporation's stock symbol?

Chimera Investment Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "CIM."

How often does Chimera Investment Corporation pay dividends? What is the dividend yield for Chimera Investment Corporation?

Chimera Investment Corporation declared a quarterly dividend on Wednesday, August 2nd. Investors of record on Friday, September 29th will be given a dividend of $0.50 per share on Friday, October 27th. This represents a $2.00 dividend on an annualized basis and a yield of 10.54%. The ex-dividend date of this dividend is Thursday, September 28th. View Chimera Investment Corporation's Dividend History.

How were Chimera Investment Corporation's earnings last quarter?

Chimera Investment Corporation (NYSE:CIM) issued its quarterly earnings data on Wednesday, August, 2nd. The company reported $0.60 EPS for the quarter, missing analysts' consensus estimates of $0.63 by $0.03. The company had revenue of $150.70 million for the quarter, compared to analyst estimates of $149.75 million. Chimera Investment Corporation had a net margin of 63.94% and a return on equity of 14.27%. The firm's revenue was up 9.3% on a year-over-year basis. During the same period last year, the firm earned $0.51 earnings per share. View Chimera Investment Corporation's Earnings History.

When will Chimera Investment Corporation make its next earnings announcement?

Chimera Investment Corporation is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for Chimera Investment Corporation.

Where is Chimera Investment Corporation's stock going? Where will Chimera Investment Corporation's stock price be in 2017?

4 brokerages have issued 1 year target prices for Chimera Investment Corporation's stock. Their forecasts range from $18.00 to $20.00. On average, they expect Chimera Investment Corporation's share price to reach $18.83 in the next twelve months. View Analyst Ratings for Chimera Investment Corporation.

Who are some of Chimera Investment Corporation's key competitors?

Who are Chimera Investment Corporation's key executives?

Chimera Investment Corporation's management team includes the folowing people:

  • Matthew Lambiase, President, Chief Executive Officer, Director
  • Robert S. Colligan, Chief Financial Officer
  • Choudhary Yarlagadda, Chief Operating Officer
  • Mohit Marria, Chief Investment Officer
  • Phillip John Kardis II, Chief Legal Officer ,Secretary
  • Paul Donlin, Non-Executive Independent Chairman of the Board
  • Mark Abrams, Independent Director
  • Gerard Creagh, Independent Director
  • Paul A. Keenan, Independent Director
  • Dennis M. Mahoney, Independent Director

Who owns Chimera Investment Corporation stock?

Chimera Investment Corporation's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Nationwide Fund Advisors (0.13%), Orinda Asset Management LLC (0.06%), Meeder Asset Management Inc. (0.03%) and Balasa Dinverno & Foltz LLC (0.02%). Company insiders that own Chimera Investment Corporation stock include Choudhary Yarlagadda, Mohit Marria and Paul Donlin. View Institutional Ownership Trends for Chimera Investment Corporation.

Who sold Chimera Investment Corporation stock? Who is selling Chimera Investment Corporation stock?

Chimera Investment Corporation's stock was sold by a variety of institutional investors in the last quarter, including Nationwide Fund Advisors and Meeder Asset Management Inc.. View Insider Buying and Selling for Chimera Investment Corporation.

Who bought Chimera Investment Corporation stock? Who is buying Chimera Investment Corporation stock?

Chimera Investment Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Orinda Asset Management LLC and Balasa Dinverno & Foltz LLC. Company insiders that have bought Chimera Investment Corporation stock in the last two years include Choudhary Yarlagadda, Mohit Marria and Paul Donlin. View Insider Buying and Selling for Chimera Investment Corporation.

How do I buy Chimera Investment Corporation stock?

Shares of Chimera Investment Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Chimera Investment Corporation's stock price today?

One share of Chimera Investment Corporation stock can currently be purchased for approximately $18.98.


MarketBeat Community Rating for Chimera Investment Corporation (NYSE CIM)
Community Ranking:  1.6 out of 5 (star)
Outperform Votes:  122 (Vote Outperform)
Underperform Votes:  264 (Vote Underperform)
Total Votes:  386
MarketBeat's community ratings are surveys of what our community members think about Chimera Investment Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Chimera Investment Corporation (NYSE:CIM) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 4 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $18.83 (0.77% downside)
Consensus Price Target History for Chimera Investment Corporation (NYSE:CIM)
Price Target History for Chimera Investment Corporation (NYSE:CIM)
Analysts' Ratings History for Chimera Investment Corporation (NYSE:CIM)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/10/2017Barclays PLCSet Price TargetHold$17.00 -> $18.00N/AView Rating Details
10/6/2017Keefe, Bruyette & WoodsReiterated RatingHold$18.50N/AView Rating Details
8/3/2017Deutsche Bank AGBoost Price TargetHold$19.00 -> $20.00LowView Rating Details
2/16/2017Wells Fargo & CompanyUpgradeUnderperform -> Market PerformN/AView Rating Details
9/9/2016Credit Suisse GroupReiterated RatingHold$15.50N/AView Rating Details
8/10/2016NomuraReiterated RatingBuy$17.00 -> $18.00N/AView Rating Details
(Data available from 10/24/2015 forward)

Earnings

Earnings History for Chimera Investment Corporation (NYSE:CIM)
Earnings by Quarter for Chimera Investment Corporation (NYSE:CIM)
Earnings History by Quarter for Chimera Investment Corporation (NYSE CIM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/2/2017$0.61N/AView Earnings Details
8/2/2017Q2 2017$0.63$0.60$149.75 million$150.70 millionViewListenView Earnings Details
5/1/2017Q1 2017$0.58$0.51$140.90 million$141.11 millionViewListenView Earnings Details
2/14/2017Q416$0.62$0.65$148.08 million$154.10 millionViewN/AView Earnings Details
11/1/2016Q316$0.57$0.68$131.60 million$156.04 millionViewN/AView Earnings Details
8/3/2016Q216$0.53$0.51$134.42 million$137.87 millionViewN/AView Earnings Details
5/2/2016Q116$0.53$0.58$138.20 million$138.21 millionViewN/AView Earnings Details
2/17/2016Q415$0.53$0.53$144.42 million$137.00 millionViewListenView Earnings Details
11/3/2015Q315$0.55$0.50$160.30 million$143.97 millionViewN/AView Earnings Details
8/5/2015Q215$0.60$0.53$168.37 million$149.76 millionViewN/AView Earnings Details
5/11/2015Q1$0.59$0.59$164.40 million$182.69 millionViewN/AView Earnings Details
11/10/2014Q314$0.10$0.11$161.30 million$151.47 millionViewN/AView Earnings Details
8/1/2011$0.15$0.11ViewN/AView Earnings Details
5/5/2011$0.16$0.15ViewN/AView Earnings Details
2/9/2011$0.17$0.14ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Chimera Investment Corporation (NYSE:CIM)
2017 EPS Consensus Estimate: $2.00
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.50$0.50$0.50
Q2 20171$0.50$0.50$0.50
Q3 20171$0.50$0.50$0.50
Q4 20171$0.50$0.50$0.50
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Chimera Investment Corporation (NYSE:CIM)
Next Dividend:10/27/2017
Annual Dividend:$2.00
Dividend Yield:10.54%
Dividend Growth:2.20% (3 Year Average)
Payout Ratio:57.31% (Trailing 12 Months of Earnings)
86.58% (Based on This Year's Estimates)
81.63% (Based on Next Year's Estimates)
Track Record:2 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Chimera Investment Corporation (NYSE:CIM)

Dividend History by Quarter for Chimera Investment Corporation (NYSE CIM)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/2/2017quarterly$0.5010.68%9/28/20179/29/201710/27/2017
5/1/2017quarterly$0.5010.31%6/28/20176/30/20177/28/2017
2/14/2017quarterly$0.5011.12%3/29/20173/29/20174/28/2017
11/1/2016quarterly$0.5012.3%12/28/201612/30/20161/27/2017
8/3/2016quarterly$0.4811.74%9/28/20169/30/201610/27/2016
5/2/2016quarterly$0.4812.81%6/28/20166/30/20167/29/2016
3/3/2016special$0.5013.84%3/15/20163/17/20163/31/2016
2/29/2016quarterly$0.4814.74%3/29/20163/31/20164/28/2016
12/11/2015quarterly$0.4814.93%12/29/201512/31/20151/29/2016
9/14/2015quarterly$0.4813.61%9/28/20159/30/201510/30/2015
6/11/2015quarterly$0.486/26/20156/30/20157/30/2015
3/17/2015quarterly$0.1011.93%3/27/20153/31/20154/30/2015
12/18/2014quarterly$0.0910.75%12/29/201412/31/20141/29/2015
9/17/2014quarterly$0.0911.32%9/26/20149/30/201410/29/2014
6/4/2014quarterly$0.0910.91%6/26/20146/30/20147/24/2014
3/21/2014quarterly$0.0911.39%3/27/20143/31/20144/24/2014
12/19/2013special$0.2011.29%1/6/20141/8/20141/31/2014
12/12/2013quarterly$0.0911.88%12/27/201312/31/20131/24/2014
8/23/2013quarterly$0.0912.16%10/2/201310/4/201310/31/2013
6/19/2013quarterly$0.0912.2%6/27/20137/1/20137/31/2013
3/20/2013quarterly$0.0911.11%3/27/20134/1/20134/25/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Chimera Investment Corporation (NYSE:CIM)
Insider Ownership Percentage: 0.65%
Institutional Ownership Percentage: 51.11%
Insider Trades by Quarter for Chimera Investment Corporation (NYSE:CIM)
Institutional Ownership by Quarter for Chimera Investment Corporation (NYSE:CIM)
Insider Trades by Quarter for Chimera Investment Corporation (NYSE:CIM)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/9/2016Choudhary YarlagaddaCOOBuy2,305$16.10$37,110.50View SEC Filing  
2/29/2016Choudhary YarlagaddaCOOBuy12,250$13.08$160,230.00View SEC Filing  
2/29/2016Mohit MarriaCIOBuy15,000$13.11$196,650.00View SEC Filing  
2/29/2016Paul DonlinDirectorBuy20,000$13.05$261,000.00View SEC Filing  
12/14/2015Paul DonlinDirectorBuy30,000$12.90$387,000.00View SEC Filing  
8/15/2014William B DyerInsiderBuy15,000$3.24$48,600.00View SEC Filing  
8/14/2014Mohit MarriaCIOBuy42,500$3.21$136,425.00View SEC Filing  
8/14/2014Robert S ColliganCFOBuy30,000$3.21$96,300.00View SEC Filing  
8/13/2014Matthew LambiaseCEOBuy100,000$3.20$320,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Chimera Investment Corporation (NYSE:CIM)
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Chimera Investment Corporation (CIM) Chart for Tuesday, October, 24, 2017

This page was last updated on 10/24/2017 by MarketBeat.com Staff

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