NYSE:CIM - CHIMERA 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 COVID-19 reached pandemic status according to the World Health Organization. Since then, CIM shares have decreased by 35.1% and is now trading at $11.92. View which stocks have been mosted impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CHIMERA INVT CO/SH NEW in the last year. There are currently 1 hold rating and 1 buy rating 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, May 6th 2020. View our earnings forecast for CHIMERA INVT CO/SH NEW.

CHIMERA INVT CO/SH NEW (NYSE:CIM) announced its earnings results on Wednesday, February, 12th. The real estate investment trust reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.52 by $0.12. The real estate investment trust had revenue of $171.46 million for the quarter, compared to analyst estimates of $142.70 million. CHIMERA INVT CO/SH NEW had a net margin of 28.93% and a return on equity of 11.93%. During the same period in the prior year, the business earned $0.58 EPS. 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 dividend yield of 16.78%. The ex-dividend date of this dividend is Monday, March 30th. View CHIMERA INVT CO/SH NEW's dividend history.

2 brokers have issued 12-month target prices for CHIMERA INVT CO/SH NEW's shares. Their forecasts range from $19.50 to $23.00. On average, they anticipate CHIMERA INVT CO/SH NEW's stock price to reach $21.25 in the next year. This suggests a possible upside of 78.3% from the stock's current price. View analysts' price targets for CHIMERA INVT CO/SH NEW.

Media coverage about CIM stock has trended very positive this week, InfoTrie reports. InfoTrie rates 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 daily sentiment score of 4.0 on InfoTrie's scale. They also assigned media stories about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the next several days. View the latest news aboutCHIMERA INVT CO/SH NEW.

CHIMERA INVT CO/SH NEW saw a drop in short interest in March. As of March 13th, there was short interest totaling 5,815,200 shares, a drop of 9.4% from the February 27th total of 6,420,000 shares. Based on an average daily volume of 1,510,000 shares, the days-to-cover ratio is currently 3.9 days. Currently, 3.2% of the company's shares are sold short. 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), PennyMac Mortgage Investment Trust (PMT), Two Harbors Investment (TWO), Colony Capital (CLNY), Invesco Mortgage Capital (IVR), MFA FINL INC/SH (MFA), Redwood Trust (RWT), NY MTG TR INC/SH (NYMT), ARMOUR Residential REIT (ARR), CAPSTEAD MTG CO/SH (CMO), Ready Capital (RC) and Dynex Capital (DX).

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), AGNC Investment (AGNC), Energy Transfer LP Unit (ET), AT&T (T), Invesco Mortgage Capital (IVR), Ares Capital (ARCC), NY MTG TR INC/SH (NYMT) and Ford Motor (F).

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 institutional and retail investors. Top institutional investors include Thornburg Investment Management Inc. (4.61%), LSV Asset Management (1.96%), State Street Corp (1.75%), Geode Capital Management LLC (1.46%), Norges Bank (1.17%) and Charles Schwab Investment Management Inc. (0.99%). 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 First Trust Advisors LP, Assetmark Inc., Chicago Equity Partners LLC, Thornburg Investment Management Inc., Infrastructure Capital Advisors LLC, FMR LLC, Bank of America Corp DE, and Goldman Sachs Group Inc.. View insider buying and selling activity for CHIMERA INVT CO/SH NEW.

CIM stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Capital Advisors Inc. OK, Renaissance Technologies LLC, Geode Capital Management LLC, State Street Corp, Great Lakes Advisors LLC, California Public Employees Retirement System, and Credit Suisse AG. 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 $11.92.

CHIMERA INVT CO/SH NEW has a market capitalization of $2.23 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. View additional information about CHIMERA INVT CO/SH NEW.

The official website for CHIMERA INVT CO/SH NEW is http://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]