Welcome to our dedicated page for Chimera Invt news (Ticker: CIM), a resource for investors and traders seeking the latest updates and insights on Chimera Invt stock.
Chimera Investment Corporation (NYSE: CIM) delivers income-focused real estate finance solutions as a mortgage REIT specializing in residential and commercial mortgage-backed securities. This news hub provides investors with essential updates on CIM's portfolio performance, dividend declarations, and strategic initiatives.
Access authoritative coverage of earnings reports, SEC filings, and management commentary. Our curated collection includes analysis of CIM's agency/non-agency RMBS allocations, interest rate risk management strategies, and market positioning relative to sector peers.
Key updates across three critical areas: quarterly financial results, asset acquisition/disposition activity, and regulatory compliance developments. Track CIM's response to housing market trends and Federal Reserve policy impacts through verified press releases and expert commentary.
Bookmark this page for streamlined access to Chimera's latest corporate communications. Investors monitoring mortgage REIT performance metrics and income stability indicators will find this resource particularly valuable for informed decision-making.
Chimera Investment (NYSE: CIM) has scheduled the release of its first quarter 2025 financial results for Thursday, May 8, 2025, before 7:00 a.m. EDT. The company will host a conference call and audio webcast to discuss the results at 8:30 a.m. EDT on the same day.
Chimera Investment operates as a publicly traded REIT focused on investing in diverse real estate assets, including residential mortgage loans, Non-Agency RMBS, Agency RMBS, business purpose loans, MSRs, and other real estate-related assets such as Agency CMBS, junior liens, HELOCs, equity appreciation rights, and reverse mortgages.
Chimera Investment (NYSE: CIM) has sponsored two residential mortgage loan securitizations totaling $646 million on March 25, 2025. The first securitization, CIM 2025-R1, amounts to $391.8 million with loans having a 5.74% weighted average coupon, 636 FICO scores, and 50.80% LTV ratio. The second, CIM 2025-NR1, totals $254.4 million with a 5.67% weighted average coupon, 597 FICO scores, and 61.61% LTV ratio.
The company sold $333 million in senior securities for CIM 2025-R1 and $184.5 million for CIM 2025-NR1 to institutional investors, representing 85% and 72.50% of their respective capital structures. The net proceeds from both transactions exceeded $187 million. Palisades Advisory Services, Chimera's subsidiary, will serve as Asset Manager for both securitizations.
Chimera Investment (CIM) has announced its first quarter 2025 dividend distribution. The company's Board of Directors declared a cash dividend of $0.37 per common share. The dividend will be paid on April 30, 2025 to shareholders of record as of March 31, 2025, with the ex-dividend date set for March 31, 2025.
Chimera Investment (NYSE:CIM) reported its Q4 and full-year 2024 financial results. The company recorded a Q4 GAAP net loss of $2.04 per diluted share, while earnings available for distribution were $0.37 per diluted share. For the full year 2024, CIM achieved GAAP net income of $90 million ($1.10 per diluted share) and earnings available for distribution of $121 million ($1.48 per diluted share).
The company's GAAP book value stood at $19.72 per common share as of December 31, 2024, with an economic return of 4.40% for the year. The company made progress on building a more diversified portfolio and completed the Palisades acquisition, which is expected to strengthen their business and create additional shareholder value in 2025.
Total assets reached $13.12 billion, with loans held for investment representing the largest portion at $11.20 billion. The portfolio composition showed 87.6% in loans held for investment, 8.3% in Non-Agency RMBS, and 4.1% in Agency MBS and CMBS at fair value.
Chimera Investment (NYSE:CIM) reported its Q4 and full-year 2024 financial results. The company posted a Q4 GAAP net loss of $2.07 per diluted share, while achieving earnings available for distribution of $0.37 per share. For the full year 2024, CIM recorded GAAP net income of $90 million ($1.10 per diluted share) and earnings available for distribution of $121 million ($1.48 per diluted share).
The company's GAAP book value stood at $19.72 per common share as of December 31, 2024, with an economic return of 4.40% for the year. The company made progress on building a more diversified portfolio, with the Palisades acquisition expected to strengthen their business and create additional shareholder value in 2025 and beyond.
Chimera has declared its first quarter 2025 preferred stock dividends for all four series of its preferred shares. The dividends include:
- Series A (8.00%): $0.50 per share
- Series B (8.00% Fixed-to-Floating): $0.6488 per share, reflecting a 10.38139% rate
- Series C (7.75%): $0.484375 per share
- Series D (8.00% Fixed-to-Floating): $0.6231 per share, reflecting a 9.96939% rate
All dividends will be payable on March 31, 2025, to shareholders of record on March 3, 2025, with an ex-dividend date of March 3, 2025. The floating rates for Series B and D are based on three-month CME Term SOFR plus respective spreads.
Chimera Investment (NYSE: CIM) has sponsored CIM 2025-I1, a $287.7 million securitization of residential mortgage investor loans on January 31, 2025. The loan portfolio features a 7.9% weighted average coupon, 748 weighted average FICO scores, and 64% LTV ratio.
The company sold securities worth $275.7 million (95.8% of capital structure) to institutional investors through private placement. Chimera retained subordinate interests of approximately $11.9 million and certain interest-only securities. The weighted average cost of debt on securities sold was 5.8%.
The securitization, rated by Fitch and Morningstar DBRS, includes a call option exercisable by Chimera either on February 25, 2028, or when the unpaid principal balance reaches 30% of the initial balance. Palisades Advisory Services, Chimera's subsidiary, will serve as Asset Manager.
Chimera Investment (NYSE: CIM) has announced it will release its fourth quarter and full year 2024 financial results on Wednesday, February 12, 2025, before 7:00 a.m. EDT. The company will host a conference call and audio webcast to discuss the results at 8:30 a.m. EDT on the same day.
Chimera Investment operates as a REIT focused on investing in diverse real estate assets, including residential mortgage loans, Non-Agency RMBS, Agency RMBS, business purpose loans, MSRs, and other real estate-related assets such as Agency CMBS, junior liens, HELOCs, equity appreciation rights, and reverse mortgages.
Chimera Investment (CIM) has announced its fourth quarter 2024 dividend declaration. The company's Board of Directors has declared a cash dividend of $0.37 per common share. The dividend will be paid on January 31, 2025, to stockholders of record as of December 31, 2024. The ex-dividend date is set for December 31, 2024.
Chimera Investment (NYSE: CIM) has completed the acquisition of Palisades Group, a U.S.-based alternative asset manager specializing in residential real estate credit. The transaction, closed on December 2, 2024, involved a $30 million cash payment at closing, with a potential additional earnout of up to $20 million over five years tied to financial performance targets. Chimera has the option to pay 50% of the earnout in common shares. As part of the deal, Palisades' co-founder and Chief Investment Officer, Jack Macdowell, Jr., has assumed the role of CIM's Chief Investment Officer.
