Chimera Investment (CIM) Stock Price, News & Analysis

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chimera Investment in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" CIM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CIM, but not buy additional shares or sell existing shares.
View CIM analyst ratings or view top-rated stocks.

1 brokerages have issued 12-month price targets for Chimera Investment's shares. Their CIM share price targets range from $5.50 to $5.50. On average, they expect the company's share price to reach $5.50 in the next year. This suggests a possible upside of 38.5% from the stock's current price.
View analysts price targets for CIM or view top-rated stocks among Wall Street analysts.

Chimera Investment's stock was trading at $4.99 at the start of the year. Since then, CIM shares have decreased by 20.4% and is now trading at $3.97.
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Chimera Investment saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 5,050,000 shares, an increase of 11.0% from the March 15th total of 4,550,000 shares. Based on an average trading volume of 1,930,000 shares, the days-to-cover ratio is currently 2.6 days.
View Chimera Investment's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our CIM earnings forecast.

Chimera Investment Co. (NYSE:CIM) released its quarterly earnings data on Thursday, May, 4th. The real estate investment trust reported $0.13 EPS for the quarter, missing the consensus estimate of $0.16 by $0.03. The real estate investment trust had revenue of $189.25 million for the quarter, compared to analyst estimates of $86.60 million. Chimera Investment had a trailing twelve-month return on equity of 7.51% and a net margin of 16.32%. During the same quarter in the prior year, the business posted $0.39 EPS.

Chimera Investment declared a quarterly dividend on Thursday, March 28th. Investors of record on Monday, April 8th will be given a dividend of $0.11 per share on Tuesday, April 30th. This represents a $0.44 dividend on an annualized basis and a yield of 11.08%. The ex-dividend date of this dividend is Friday, April 5th.
Read our dividend analysis for CIM.

Chimera Investment (NYSE:CIM) pays an annual dividend of $0.44 per share and currently has a dividend yield of 11.14%. CIM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 191.30%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, CIM will have a dividend payout ratio of 77.19% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for CIM.

ETFs with the largest weight of Chimera Investment (NYSE:CIM) stock in their portfolio include Invesco KBW High Dividend Yield Financial ETF (KBWD), WisdomTree Alternative Income Fund (HYIN) and VanEck Mortgage REIT Income ETF (MORT).iShares Mortgage Real Estate ETF (REM).

Chimera Investment announced that its Board of Directors has authorized a stock buyback program on Wednesday, June 14th 2023, which allows the company to repurchase $250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 19% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's leadership believes its stock is undervalued.

3 employees have rated Chimera Investment Chief Executive Officer Matthew Lambiase on Glassdoor.com. Matthew Lambiase has an approval rating of 100% among the company's employees. This puts Matthew Lambiase in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Chimera Investment investors own include New Residential Investment (NRZ), Annaly Capital Management (NLY), Marathon Oil (MRO), AGNC Investment (AGNC), Energy Transfer (ET), AT&T (T), ARMOUR Residential REIT (ARR), New York Mortgage Trust (NYMT), Enterprise Products Partners (EPD) and NGL Energy Partners (NGL).

Chimera Investment's stock is owned by a variety of institutional and retail investors. Top institutional investors include Cadent Capital Advisors LLC (0.26%), International Assets Investment Management LLC (0.01%), Sound Income Strategies LLC (0.01%) and Symphony Financial Ltd. Co. (0.01%).
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Shares of CIM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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