Chimera Investment Corporation (CIM) Upgraded to "Market Perform" at Wells Fargo & Company

Andrew Cummings
February 17, 2017

CIM has been the topic of several other research reports. Working backward, shares of Chimera Investment Corporation have moved by 3.26%, -2.19%, 1.01% and 1.31% on first day after earnings while on day-7 changes were 7.25%, -2.45%, 5.21% and 3.28% in recent 4 quarters. Analysts have a mean recommendation of 3.20 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). The company has a consensus rating of "Hold" and an average target price of $16.58. The last closing price is up 8.03% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.06% over the same time period.

Chimera Investment Corporation (NYSE:CIM) has a market capitalization of 3.38 Billion.


Chimera Investment Corporation (NYSE:CIM) last released its quarterly earnings data on Tuesday, February 14th. The company reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.03. Chimera Investment Corporation had a net margin of 50.90% and a return on equity of 14.60%. The company maintains price to book ratio of 1.12 vs.an industry average at 3.99. Equities research analysts predict that Chimera Investment Corporation will post $2.43 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 28th. Shareholders of record on Wednesday, March 29th will be paid a $0.50 dividend.


The stock now has its Annual Dividend of $2 and an annual Dividend Yield of 11.12 Percent. Chimera Investment Corporation's dividend payout ratio (DPR) is presently 84.75%. If you are reading this piece on another domain, it was stolen and reposted in violation of U.S. and global trademark and copyright laws. The correct version of this piece can be read at [[permalink]]. Institutional investors and hedge funds own 52.30% of the company's stock. Schwab Charles Investment Management Inc. increased its position in shares of Chimera Investment Corporation by 6.4% in the second quarter. As the past trend shows, Chimera Investment Corporation's stock price has plunged after earnings in 13 of the last 22 quarters. Wedbush Securities Inc. now owns 11,172 shares of the company's stock worth $178,000 after buying an additional 49 shares during the last quarter. Moors & Cabot Inc. acquired a new stake in shares of Chimera Investment Corporation during the third quarter worth $166,000. These holdings make up 51.89% of the company's outstanding shares.

August 03, 2016: Chimera Investment Corporation (CIM) reported Q2 earnings of $0.51, missing consensus estimates of $0.53. Bank of New York Mellon Corp now owns 810,021 shares of the company's stock valued at $12,919,000 after buying an additional 2,163 shares during the period. Ffcm LLC bought a new position in shares of Chimera Investment Corporation during the fourth quarter worth $128,000. The returns on investment very popular metric among passive investors, it stands at 1.70%, when it lies in positive figure than security is feasible for investment or goes for higher ROI stocks.


08/08/2016 - Chimera Investment Corporation had its " rating reiterated by analysts at Nomura. The mortgage backed securities (MBS) and real estate-related securities the Company purchases may include investment-grade and non-investment grade classes, including the BB-rated, B-rated and non-rated classes.

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