CIM Chimera Investment Corp Stock Price & News
As of February 28th, there was short interest totaling 9,200,000 shares, an increase of 5.5% from the February 13th total of 8,720,000 shares. Based on an average trading volume of 1,930,000 shares, the days-to-cover ratio is presently 4.8 days. Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend.
Is CIM a good dividend stock?
Yes, CIM has paid a dividend within the past 12 months. How much is Chimera Investment's dividend? CIM pays a dividend of $0.23 per share. CIM's annual dividend yield is 15.48%.
Chimera Investment Corp. operates as a real estate investment trust. It engages in investing directly or indirectly through its subsidiaries, on a leveraged basis, in a portfolio of mortgage assets. It includes residential mortgage loans, residential mortgage-backed securities, commercial mortgage loans, real estate-related securities, and various other asset classes. Chimera Investment is traded on New York Stock Exchange in USA.
Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Chimera Investment Corporation is a specialty finance company that invests in residential mortgage backed securities or RMBS residential mortgage loans real estate-related securities and various other asset classes. Chimera Investment Corporation invests in residential mortgage loans, residential mortgage-backed securities, real estate-related securities and various other asset classes. The company was founded in 2007 and is based in New York, New York.
From A to Z: All The REITs Hitting New 52-Week Lows This Week
David Simon of Twin Capital has had a terrific run the last several years, and looks to continue it in 2013.
Why is CIM dividend so high?
The dividend yield, even after the cut, is high because the stock has fallen so much this year, with a 58% decline. These losses were mainly mark-to-market losses, so if mortgage-backed securities rebound relative to Treasuries, they could be recouped.
Chimera Investment’s investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Chimera Investment or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes. The value of investments can go up as well as down and you may receive back less than https://day-trading.info/ your original investment. As all investments carry risk, before making any investment decision, consider if it’s right for you and seek appropriate advice from a licensed tax or financial advisor. Past performance is not a reliable indication of future performance. No representation is made as to the timeliness, reliability, accuracy or completeness of the market data provided.
Chimera Investment Corp is a real estate investment trust that invests in U.S. government-sponsored agency residential mortgage-backed securities , non-agency RMBS, and other real estate-related securities. A significant percentage of the securities are backed by properties in California. The company was incorporated in 2007 and is based in New York, NY. Chimera Investment is selling at 5.46 as of the 16th of March 2023; that is No Change since the beginning of the trading day. Chimera Investment has 51 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Chimera Investment are calculated daily based on our scoring framework.
Earnings and Valuation
CIM, -1.62% shares advanced by 2.7% in premarket trades Monday after the New York-based real estate investment trust named its chief legal officer Phillip J. Kardis II as CEO … Chimera Investment Corp. shares advanced by 2.7% in premarket trades Monday after the New York-based real estate investment trust named its chief legal officer Phillip J. Kardis II as CEO and director. 3 Wall Street analysts have issued “buy,” “hold,” and “sell” ratings for Chimera Investment in the last year. There are currently 1 sell rating, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should “hold” CIM shares.
Chimera Investment Insider Activity
The Company invests in residential mortgage loans through secondary market purchases from banks, non-bank financial institutions, and the agencies. These mortgage loans are secured primarily by residential properties in the United States. It also invests in investment grade, non-investment grade and non-rated non-agency RMBS. The Company is focused on investing in commercial mortgage loans consisting of first or second lien loans secured by multifamily properties.
Below are the latest news stories about CHIMERA INVESTMENT CORP that investors may wish to consider to help them evaluate CIM as an investment opportunity. The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.CIM has a Quality Grade 4 best stocks under $5 for trading for less of B, ranking ahead of 83.94% of graded US stocks. Over the past 70 months, CIM’s revenue has gone down $1,183,050,000.The table below shows CIM’s growth in key financial areas . The ratio of debt to operating expenses for CHIMERA INVESTMENT CORP is higher than it is for about 99.01% of US stocks. CIM scores best on the Growth dimension, with a Growth rank ahead of 92.23% of US stocks.
Quotes & News
Chimera Investment has only been the subject of 2 research reports in the past 90 days. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements. There are many who think that following the filings of billionaire hedge fund managers and investors is a great way to build a portfolio, but there are a number of reasons why this thinking is flawed. Tomorrow’s movement Prediction of Chimera Investment CIM appears strongly Bullish.
Is CIM a good buy?
Valuation metrics show that Chimera Investment Corporation may be overvalued. Its Value Score of F indicates it would be a bad pick for value investors. The financial health and growth prospects of CIM, demonstrate its potential to underperform the market.
Exchanges report short interest twice a month.Percent of FloatTotal short positions relative to the number of shares available to trade. RSI is generating a SELL signal in short term but selling is losing momentum. The market value of Chimera Investment is measured differently than its book value, which is the value of Chimera that is recorded on the company’s balance sheet. Investors also form their own opinion of Chimera Investment’s value that differs from its market value or its book value, called intrinsic value, which is Chimera Investment’s true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value.
Market Cap is calculated by multiplying the number of shares outstanding by the stock’s price. To calculate, start with total shares outstanding and subtract the number of restricted shares. Restricted stock typically is that issued to company insiders with limits on when it may be traded.Dividend YieldA company’s dividend expressed as a percentage of its current stock price. Chimera Investment Corporation is a publicly traded real estate investment trust, or REIT, that is primarily engaged in real estate finance. It invests, either directly or indirectly through its subsidiaries, in RMBS, residential mortgage loans, Agency CMBS, commercial mortgage loans, real estate-related… Income is generated by the net spread between the income earned on investments and the costs of financing.
- The dividend is payable January 31, 2023 to shareholders of record on…
- Chimera Investment has a short interest ratio (“days to cover”) of 4.8.
- Price action analysis of ChimeraInvestment based on a short term time period is definitely negative.
- Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only.
NEW YORK—-The Board of Directors of Chimera announced the declaration of its fourth quarter cash dividend of $0.23 per share of common stock. The Barchart Technical Opinion widget shows you today’s overally Barchart Opinion with general information on how to interpret the short and longer term signals. Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods. Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating. After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study. For example, a price above its moving average is generally considered an upward trend or a buy.
Brokerage services for alternative assets available on Public are offered by Dalmore Group, LLC (“Dalmore”), member of FINRA & SIPC. “Alternative assets,” as the term is used at Public, are equity securities that have been issued pursuant to Regulation A of the Securities Act of (“Regulation A”). These investments are speculative, involve substantial risks , and are not FDIC or SIPC insured.
NEW YORK—-The Board of Directors of Chimera announced the declaration of its third quarter cash dividend of $0.23 per share of common stock. Or is there an opportunity to expand the business’ product line in the future? Factors like these will boost the valuation of Chimera Investment.
What is the future of CIM stock?
Stock Price Forecast
The 3 analysts offering 12-month price forecasts for Chimera Investment Corp have a median target of 7.00, with a high estimate of 7.00 and a low estimate of 6.50. The median estimate represents a +29.87% increase from the last price of 5.39.