CHIMERA INVT CO/SH NEW Stock Forecast, Price & 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 (WHO). Since then, CIM stock has decreased by 51.5% and is now trading at $8.90.
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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."
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CHIMERA INVT CO/SH NEW is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
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CHIMERA INVT CO/SH NEW (NYSE:CIM) posted its quarterly earnings results on Wednesday, August, 5th. The real estate investment trust reported $0.32 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.31 by $0.01. CHIMERA INVT CO/SH NEW had a negative net margin of 17.05% and a positive return on equity of 11.88%. During the same quarter last year, the firm posted $0.53 earnings per share.
View CHIMERA INVT CO/SH NEW's earnings history.

CHIMERA INVT CO/SH NEW announced a quarterly dividend on Tuesday, September 15th. Stockholders of record on Tuesday, September 29th will be given a dividend of $0.30 per share on Thursday, October 29th. This represents a $1.20 annualized dividend and a yield of 13.48%. The ex-dividend date of this dividend is Monday, September 28th.
View CHIMERA INVT CO/SH NEW's dividend history.

4 equities research analysts have issued 12 month price objectives for CHIMERA INVT CO/SH NEW's shares. Their forecasts range from $9.00 to $12.00. On average, they expect CHIMERA INVT CO/SH NEW's share price to reach $10.33 in the next twelve months. This suggests a possible upside of 16.1% from the stock's current price.
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CHIMERA INVT CO/SH NEW saw a increase in short interest during the month of July. As of July 31st, there was short interest totaling 10,260,000 shares, an increase of 28.4% from the July 15th total of 7,990,000 shares. Based on an average trading volume of 5,180,000 shares, the short-interest ratio is presently 2.0 days.
View CHIMERA INVT CO/SH NEW's Short Interest.

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), Two Harbors Investment (TWO), Apollo Commercial Real Est. Finance (ARI), Colony Capital (CLNY), MFA FINL INC/SH (MFA), NY MTG TR INC/SH (NYMT), Redwood Trust (RWT), Ready Capital (RC), ARMOUR Residential REIT (ARR), CAPSTEAD MTG CO/SH (CMO), Invesco Mortgage Capital (IVR) and Dynex Capital (DX).
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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), ARMOUR Residential REIT (ARR), NY MTG TR INC/SH (NYMT), Enterprise Products Partners (EPD) 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 Vanguard Group Inc. (7.60%), Thornburg Investment Management Inc. (5.92%), LSV Asset Management (1.81%), West Family Investments Inc. (1.12%), Alyeska Investment Group L.P. (0.93%) and Charles Schwab Investment Management Inc. (0.82%). 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.
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CIM stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., LSV Asset Management, State Board of Administration of Florida Retirement System, New York State Common Retirement Fund, WINTON GROUP Ltd, Mitsubishi UFJ Trust & Banking Corp, Sei Investments Co., and Two Sigma Advisers LP.
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CIM stock was acquired by a variety of institutional investors in the last quarter, including Thornburg Investment Management Inc., Alyeska Investment Group L.P., Nuveen Asset Management LLC, Prudential Financial Inc., Charles Schwab Investment Management Inc., Bank of New York Mellon Corp, Cubist Systematic Strategies LLC, and First Trust Advisors LP. 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 $8.90.

CHIMERA INVT CO/SH NEW has a market capitalization of $2.06 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]