About Chimera Investment (NYSE:CIM)
Chimera Investment Corporation operates as a real estate investment trust in the United States. The company, through its subsidiaries, invests in a portfolio of mortgage assets, including residential mortgage loans, agency and non-agency residential mortgage-backed securities, agency mortgage-backed securities secured by pools of commercial mortgage loans, commercial mortgage loans, and other real estate related securities. It has elected to be taxed as a real estate investment trust. As a result, the company would not be subject to U.S. federal income tax, if it distributes at least 90% of its REIT taxable income to its shareholders. Chimera Investment Corporation was founded in 2007 and is based in New York, New York.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryMortgage REITs
SectorFinance
SymbolNYSE:CIM
CUSIP16934Q10
Phone212-626-2300
Debt
Debt-to-Equity Ratio2.64%
Current Ratio0.02%
Quick Ratio0.02%
Price-To-Earnings
Trailing P/E Ratio7.37
Forward P/E Ratio7.19
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.14 billion
Price / Sales2.84
Cash Flow$2.4608 per share
Price / Cash7.01
Book Value$19.36 per share
Price / Book0.89
Profitability
EPS (Most Recent Fiscal Year)$2.34
Net Income$524.66 million
Net Margins46.07%
Return on Equity12.92%
Return on Assets2.22%
Miscellaneous
Employees38
Outstanding Shares187,810,000
Chimera Investment (NYSE:CIM) Frequently Asked Questions
What is Chimera Investment's stock symbol?
Chimera Investment trades on the New York Stock Exchange (NYSE) under the ticker symbol "CIM."
How often does Chimera Investment pay dividends? What is the dividend yield for Chimera Investment?
Chimera Investment announced a quarterly dividend on Tuesday, February 13th. Investors of record on Friday, March 30th will be paid a dividend of $0.50 per share on Monday, April 30th. This represents a $2.00 dividend on an annualized basis and a yield of 11.61%. The ex-dividend date of this dividend is Thursday, March 29th. View Chimera Investment's Dividend History.
How were Chimera Investment's earnings last quarter?
Chimera Investment Co. (NYSE:CIM) posted its earnings results on Wednesday, February, 14th. The real estate investment trust reported $0.62 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.61 by $0.01. The real estate investment trust had revenue of $157.75 million for the quarter, compared to analysts' expectations of $148.90 million. Chimera Investment had a return on equity of 12.92% and a net margin of 46.07%. During the same period in the prior year, the firm posted $0.65 EPS. View Chimera Investment's Earnings History.
When is Chimera Investment's next earnings date?
What price target have analysts set for CIM?
4 analysts have issued 1-year target prices for Chimera Investment's stock. Their forecasts range from $18.00 to $20.00. On average, they expect Chimera Investment's stock price to reach $18.75 in the next twelve months. View Analyst Ratings for Chimera Investment.
Who are some of Chimera Investment's key competitors?
Some companies that are related to Chimera Investment include VEREIT (VER), Apartment Inv & Mgmt (AIV), Douglas Emmett (DEI), Howard Hughes (HHC), Liberty Property Trust (LPT), National Retail Properties (NNN), Kimco Realty (KIM), American Homes 4 Rent (AMH), Hammerson (HMSNF), New Residential Inv (NRZ), Starwood Property Trust (STWD), DCT Industrial Trust (DCT), Lamar Advertising (LAMR), American Campus Communities (ACC), Omega Healthcare (OHI), Healthcare Trust Of America (HTA), CubeSmart (CUBE) and CyrusOne (CONE).
Who are Chimera Investment's key executives?
Chimera Investment's management team includes the folowing people:
- Mr. Matthew J. Lambiase, Pres, CEO & Director (Age 52)
- Mr. Robert Colligan CPA, CFO & Principal Accounting Officer (Age 47)
- Mr. Choudhary Yarlagadda, Chief Operating Officer (Age 56)
- Mr. Mohit Marria, Chief Investment Officer (Age 40)
- Mr. Phillip John Kardis II, Chief Legal Officer and Corp. Sec. (Age 57)
Has Chimera Investment been receiving favorable news coverage?
Headlines about CIM stock have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group scores the sentiment of news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Chimera Investment earned a daily sentiment score of 0.16 on Accern's scale. They also assigned press coverage about the real estate investment trust an impact score of 44.54 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.
How do I buy shares of Chimera Investment?
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, Scottrade, Fidelity and Charles Schwab.
What is Chimera Investment's stock price today?
One share of CIM stock can currently be purchased for approximately $17.23.
How big of a company is Chimera Investment?
Chimera Investment has a market capitalization of $3.24 billion and generates $1.14 billion in revenue each year. The real estate investment trust earns $524.66 million in net income (profit) each year or $2.34 on an earnings per share basis. Chimera Investment employs 38 workers across the globe.
How can I contact Chimera Investment?
Chimera Investment'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]
MarketBeat Community Rating for Chimera Investment (CIM)
MarketBeat's community ratings are surveys of what our community members think about Chimera Investment and other stocks. Vote "Outperform" if you believe CIM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CIM will underperform the S&P 500 over the long term. You may vote once every thirty days.
Chimera Investment (NYSE:CIM) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
4 Wall Street analysts have issued ratings and price targets for Chimera Investment in the last 12 months. Their average twelve-month price target is $18.75, suggesting that the stock has a possible upside of 8.70%. The high price target for CIM is $20.00 and the low price target for CIM is $18.00. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Hold | Hold |
| Consensus Rating Score: | 2.50 | 2.50 | 2.00 | 2.00 |
| Ratings Breakdown: | 0 Sell Rating(s)
2 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
2 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
4 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
4 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $18.75 | $18.75 | $18.8333 | $18.8333 |
| Price Target Upside: | 8.70% upside | 8.01% upside | 0.41% downside | 0.41% downside |
Chimera Investment (NYSE:CIM) Consensus Price Target History
Chimera Investment (NYSE:CIM) Analyst Ratings History
Show:
(Data available from 4/23/2016 forward)
Chimera Investment (NYSE:CIM) Dividend Information
Chimera Investment pays an annual dividend of $2.00 per share, with a dividend yield of 11.59%. CIM's next quarterly dividend payment will be made on Monday, April 30. The company has grown its dividend for the last 3 consecutive years and is increasing its dividend by an average of 3.60% each year. Chimera Investment pays out 85.47% of its earnings out as a dividend.
| Next Dividend: | 4/30/2018 |
| Annual Dividend: | $2.00 |
| Dividend Yield: | 11.59% |
| Dividend Growth: | 3.60% (3 Year Average) |
| Payout Ratio: | 85.47% (Trailing 12 Months of Earnings)
83.33% (Based on This Year's Estimates)
87.72% (Based on Next Year's Estimates)
|
| Track Record: | 3 Years of Consecutive Dividend Growth |
| Frequency: | Quarterly Dividend |
Chimera Investment (NYSE:CIM) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 2/13/2018 | quarterly | $0.50 | 11.8343195266272% | 3/29/2018 | 3/30/2018 | 4/30/2018 |
| 11/1/2017 | quarterly | $0.50 | 10.89% | 12/28/2017 | 12/29/2017 | 1/30/2018 |
| 8/2/2017 | quarterly | $0.50 | 10.68% | 9/28/2017 | 9/29/2017 | 10/27/2017 |
| 5/1/2017 | quarterly | $0.50 | 10.31% | 6/28/2017 | 6/30/2017 | 7/28/2017 |
| 2/14/2017 | quarterly | $0.50 | 11.12% | 3/29/2017 | 3/29/2017 | 4/28/2017 |
| 11/1/2016 | quarterly | $0.50 | 12.3% | 12/28/2016 | 12/30/2016 | 1/27/2017 |
| 8/3/2016 | quarterly | $0.48 | 11.74% | 9/28/2016 | 9/30/2016 | 10/27/2016 |
| 5/2/2016 | quarterly | $0.48 | 12.81% | 6/28/2016 | 6/30/2016 | 7/29/2016 |
| 3/3/2016 | special | $0.50 | 13.84% | 3/15/2016 | 3/17/2016 | 3/31/2016 |
| 2/29/2016 | quarterly | $0.48 | 14.74% | 3/29/2016 | 3/31/2016 | 4/28/2016 |
| 12/11/2015 | quarterly | $0.48 | 14.93% | 12/29/2015 | 12/31/2015 | 1/29/2016 |
| 9/14/2015 | quarterly | $0.48 | 13.61% | 9/28/2015 | 9/30/2015 | 10/30/2015 |
| 6/11/2015 | quarterly | $0.48 | | 6/26/2015 | 6/30/2015 | 7/30/2015 |
| 3/17/2015 | quarterly | $0.0960 | 11.93% | 3/27/2015 | 3/31/2015 | 4/30/2015 |
| 12/18/2014 | quarterly | $0.09 | 10.75% | 12/29/2014 | 12/31/2014 | 1/29/2015 |
| 9/17/2014 | quarterly | $0.09 | 11.32% | 9/26/2014 | 9/30/2014 | 10/29/2014 |
| 6/4/2014 | quarterly | $0.09 | 10.91% | 6/26/2014 | 6/30/2014 | 7/24/2014 |
| 3/21/2014 | quarterly | $0.09 | 11.39% | 3/27/2014 | 3/31/2014 | 4/24/2014 |
| 12/19/2013 | special | $0.20 | 11.29% | 1/6/2014 | 1/8/2014 | 1/31/2014 |
| 12/12/2013 | quarterly | $0.09 | 11.88% | 12/27/2013 | 12/31/2013 | 1/24/2014 |
| 8/23/2013 | quarterly | $0.09 | 12.16% | 10/2/2013 | 10/4/2013 | 10/31/2013 |
| 6/19/2013 | quarterly | $0.09 | 12.2% | 6/27/2013 | 7/1/2013 | 7/31/2013 |
| 3/20/2013 | quarterly | $0.09 | 11.11% | 3/27/2013 | 4/1/2013 | 4/25/2013 |
(Data available from 1/1/2013 forward)
Chimera Investment (NYSE CIM) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.65%
Institutional Ownership Percentage: 50.16%
Chimera Investment (NYSE CIM) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 12/29/2017 | Mohit Marria | CIO | Buy | 3,000 | $25.82 | $77,460.00 | |  |
| 11/6/2017 | Mohit Marria | Insider | Buy | 6,625 | $17.89 | $118,521.25 | | |
| 9/9/2016 | Choudhary Yarlagadda | COO | Buy | 2,305 | $16.10 | $37,110.50 | 104,391 | |
| 2/29/2016 | Choudhary Yarlagadda | COO | Buy | 12,250 | $13.08 | $160,230.00 | 94,982 | |
| 2/29/2016 | Mohit Marria | CIO | Buy | 15,000 | $13.11 | $196,650.00 | 100,267 | |
| 2/29/2016 | Paul Donlin | Director | Buy | 20,000 | $13.05 | $261,000.00 | 148,171 | |
| 12/14/2015 | Paul Donlin | Director | Buy | 30,000 | $12.90 | $387,000.00 | 148,171 | |
| 8/15/2014 | William B Dyer | Insider | Buy | 15,000 | $3.24 | $48,600.00 | | |
| 8/14/2014 | Mohit Marria | CIO | Buy | 42,500 | $3.21 | $136,425.00 | | |
| 8/14/2014 | Robert S Colligan | CFO | Buy | 30,000 | $3.21 | $96,300.00 | | |
| 8/13/2014 | Matthew Lambiase | CEO | Buy | 100,000 | $3.20 | $320,000.00 | | |
(Data available from 1/1/2013 forward)
Chimera Investment (NYSE CIM) News Headlines
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Chimera Investment (NYSE:CIM) SEC Filings
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Chimera Investment (NYSE:CIM) Income Statement, Balance Sheet and Cash Flow Statement
Chimera Investment (NYSE CIM) Stock Chart for Monday, April, 23, 2018
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