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 COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CIM shares have decreased by 51.3% and is now trading at $8.95. 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) released its quarterly earnings results on Wednesday, May, 6th. The real estate investment trust reported $0.57 EPS for the quarter, topping the Zacks' consensus estimate of $0.32 by $0.25. The real estate investment trust earned $155.18 million during the quarter, compared to analyst estimates 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 Wednesday, June 10th. Investors of record on Monday, June 22nd will be paid a dividend of $0.30 per share on Friday, July 31st. This represents a $1.20 annualized dividend and a yield of 13.41%. The ex-dividend date of this dividend is Friday, June 19th. View CHIMERA INVT CO/SH NEW's dividend history.

4 equities research analysts have issued 12-month 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 share price to reach $12.88 in the next twelve months. This suggests a possible upside of 43.9% from the stock's current price. View analysts' price targets for CHIMERA INVT CO/SH NEW.

Headlines about CIM stock have been trending neutral this week, InfoTrie Sentiment reports. The research firm ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. CHIMERA INVT CO/SH NEW earned a media sentiment score of 0.2 on InfoTrie's scale. They also gave news articles about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news about CHIMERA INVT CO/SH NEW.

CHIMERA INVT CO/SH NEW saw a drop in short interest in June. As of June 30th, there was short interest totaling 17,090,000 shares, a drop of 48.6% from the June 15th total of 33,220,000 shares. Based on an average daily volume of 7,090,000 shares, the short-interest ratio is presently 2.4 days. Currently, 9.4% of the shares of the stock 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), PennyMac Mortgage Investment Trust (PMT), Apollo Commercial Real Est. Finance (ARI), Two Harbors Investment (TWO), Colony Capital (CLNY), MFA FINL INC/SH (MFA), NY MTG TR INC/SH (NYMT), Redwood Trust (RWT), ARMOUR Residential REIT (ARR), Invesco Mortgage Capital (IVR), 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 a number of institutional and retail investors. Top institutional investors include Envestnet Asset Management Inc. (0.03%) and Diversified Trust Co (0.01%). 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 Diversified Trust Co. 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 Envestnet Asset Management Inc.. 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 $8.95.

CHIMERA INVT CO/SH NEW has a market capitalization of $1.72 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]