NYSE:CIMCHIMERA INVT CO/SH NEW Stock Price, Forecast & News

CHIMERA INVT CO/SH NEW's stock was trading at $18.36 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CIM shares have decreased by 44.9% and is now trading at $10.12. View which stocks have been most impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CHIMERA INVT CO/SH NEW in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for CHIMERA INVT CO/SH NEW.

CHIMERA INVT CO/SH NEW is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for CHIMERA INVT CO/SH NEW.

CHIMERA INVT CO/SH NEW (NYSE:CIM) posted its quarterly earnings data on Wednesday, May, 6th. The real estate investment trust reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.25. The real estate investment trust had revenue of $155.18 million for the quarter, compared to analysts' expectations of $114.70 million. CHIMERA INVT CO/SH NEW had a negative net margin of 7.15% and a positive return on equity of 12.02%. View CHIMERA INVT CO/SH NEW's earnings history.

CHIMERA INVT CO/SH NEW declared a quarterly dividend on Tuesday, February 11th. Investors of record on Tuesday, March 31st will be given a dividend of $0.50 per share on Thursday, April 30th. This represents a $2.00 dividend on an annualized basis and a yield of 19.76%. The ex-dividend date is Monday, March 30th. View CHIMERA INVT CO/SH NEW's dividend history.

4 equities research analysts have issued 1-year price targets for CHIMERA INVT CO/SH NEW's shares. Their forecasts range from $9.00 to $19.50. On average, they anticipate CHIMERA INVT CO/SH NEW's stock price to reach $12.88 in the next year. This suggests a possible upside of 27.2% from the stock's current price. View analysts' price targets for CHIMERA INVT CO/SH NEW.

Media coverage about CIM stock has trended positive this week, InfoTrie reports. The research firm ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. CHIMERA INVT CO/SH NEW earned a media sentiment score of 2.4 on InfoTrie's scale. They also assigned news articles about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutCHIMERA INVT CO/SH NEW.

CHIMERA INVT CO/SH NEW saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 23,300,000 shares, an increase of 272.8% from the April 15th total of 6,250,000 shares. Based on an average daily trading volume, of 5,040,000 shares, the days-to-cover ratio is currently 4.6 days. Approximately 12.7% of the shares of the stock are short sold. View CHIMERA INVT CO/SH NEW's Current Options Chain.

Some companies that are related to CHIMERA INVT CO/SH NEW include ANNALY CAP MGMT/SH (NLY), AGNC Investment (AGNC), Starwood Property Trust (STWD), Apollo Commercial Real Est. Finance (ARI), Two Harbors Investment (TWO), PennyMac Mortgage Investment Trust (PMT), Colony Capital (CLNY), MFA FINL INC/SH (MFA), NY MTG TR INC/SH (NYMT), Redwood Trust (RWT), Invesco Mortgage Capital (IVR), ARMOUR Residential REIT (ARR), CAPSTEAD MTG CO/SH (CMO), Ready Capital (RC) and Dynex Capital (DX). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other CHIMERA INVT CO/SH NEW investors own include New Residential Investment (NRZ), ANNALY CAP MGMT/SH (NLY), Marathon Oil (MRO), AT&T (T), AGNC Investment (AGNC), Energy Transfer LP Unit (ET), NY MTG TR INC/SH (NYMT), ARMOUR Residential REIT (ARR), Ares Capital (ARCC) and Invesco Mortgage Capital (IVR).

CHIMERA INVT CO/SH NEW trades on the New York Stock Exchange (NYSE) under the ticker symbol "CIM."

CHIMERA INVT CO/SH NEW's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (6.10%), State Street Corp (1.88%), West Family Investments Inc. (1.34%), Geode Capital Management LLC (1.14%), Victory Capital Management Inc. (0.57%) and Victory Capital Management Inc. (0.55%). Company insiders that own CHIMERA INVT CO/SH NEW stock include Choudhary Yarlagadda, Matthew Lambiase, Paul Donlin, Phillip John Kardis II and Robert S Colligan. View institutional ownership trends for CHIMERA INVT CO/SH NEW.

CIM stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Geode Capital Management LLC, Wellington Management Group LLP, Russell Investments Group Ltd., First Trust Advisors LP, Bank of New York Mellon Corp, Nuveen Asset Management LLC, and Alliancebernstein L.P.. View insider buying and selling activity for CHIMERA INVT CO/SH NEW.

CIM stock was purchased by a variety of institutional investors in the last quarter, including Bessemer Group Inc., Advisor Group Holdings Inc., Acadian Asset Management LLC, State Street Corp, Matarin Capital Management LLC, Driehaus Capital Management LLC, BNP Paribas Arbitrage SA, and Ziegler Capital Management LLC. Company insiders that have bought CHIMERA INVT CO/SH NEW stock in the last two years include Choudhary Yarlagadda, Matthew Lambiase, Paul Donlin, Phillip John Kardis II, and Robert S Colligan. View insider buying and selling activity for CHIMERA INVT CO/SH NEW.

Shares of CIM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of CIM stock can currently be purchased for approximately $10.12.

CHIMERA INVT CO/SH NEW has a market capitalization of $1.95 billion and generates $1.36 billion in revenue each year. The real estate investment trust earns $413.55 million in net income (profit) each year or $2.25 on an earnings per share basis. CHIMERA INVT CO/SH NEW employs 38 workers across the globe.

The official website for CHIMERA INVT CO/SH NEW is www.chimerareit.com.

CHIMERA INVT CO/SH NEW's mailing address is 520 MADISON AVENUE 32ND FLOOR, NEW YORK NY, 10022. The real estate investment trust can be reached via phone at 212-626-2300 or via email at [email protected]