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Chimera Investment Corp. - CIM STOCK NEWS

Welcome to our dedicated page for Chimera Investment news (Ticker: CIM), a resource for investors and traders seeking the latest updates and insights on Chimera Investment stock.

Chimera Investment Corporation (CIM) is a dynamic real estate investment trust (REIT) focusing on a broad range of mortgage assets. By leveraging its investments, Chimera strategically enhances its portfolio, which consists of government-sponsored agency residential mortgage-backed securities (RMBS), non-agency RMBS, agency commercial mortgage-backed securities, residential mortgage loans, and various other real estate-related securities.

Renowned for its robust and diversified investment strategy, the company's primary focus is on agency mortgage-backed securities, which form the cornerstone of its portfolio. Complementing this are significant investments in subprime residential mortgage loans and non-agency RMBS, diversifying the risk and enhancing potential returns.

Chimera's adept management and strategic partnerships have been instrumental in navigating the fluctuating real estate market. The company’s commitment to maximizing shareholder value through meticulous portfolio management and its ongoing projects highlight its proficiency in the real estate investment sector. Investors can rely on Chimera for consistent performance updates, reflecting the latest developments and financial health of the company.

With a transparent and direct approach to communication, Chimera ensures that stakeholders are well-informed about recent achievements, financial conditions, and future projects. This dedication to clarity and precision makes it a significant player in the market, attracting investors seeking reliable and detailed information about their investments.

News

Chimera Declares First Quarter 2024 Preferred Stock Dividends

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Chimera's Board of Directors declares first quarter 2024 dividends for various series of preferred stock, with payments ranging from $0.484375 to $0.50 per share.
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CHIMERA INVESTMENT CORPORATION REPORTS 4TH QUARTER 2023 EARNINGS

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Chimera Investment Corporation (CIM) reported strong financial results for Q4 and full year 2023 with GAAP net income of $0.05 per diluted common share in Q4 and $0.23 for the full year. Earnings available for distribution were $0.13 per diluted common share in Q4 and $0.51 for the full year. The company reduced its recourse debt by $1.0 billion in 2023 and acquired high-yielding assets to benefit shareholders. CIM is a REIT primarily engaged in investing in mortgage assets.
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Chimera Investment Corporation Announces Date of Fourth Quarter and Full Year 2023 Financial Results and Conference Call

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Chimera Investment Corporation (CIM) is set to release its financial results for the fourth quarter and full year ending December 31, 2023, on February 14, 2024. The company will host a conference call and audio webcast to discuss the results, providing a call-in number and webcast link for participants. A replay of the call will be available for two weeks, and interested parties can sign up for email notifications on the company's website.
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Chimera Declares Fourth Quarter 2023 Common and Preferred Stock Dividends

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Chimera Investment Corporation has declared its fourth quarter cash dividends for common stock and preferred stock. The dividend for common stock is $0.11 per share, payable on January 31, 2024, to shareholders of record on December 29, 2023. For preferred stock, the dividends range from $0.484375 to $0.50 per share, payable on January 2, 2024, to shareholders of record on December 15, 2023.
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CHIMERA INVESTMENT CORPORATION REPORTS 3RD QUARTER 2023 EARNINGS

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Chimera Investment Corporation (NYSE:CIM) reported a net loss of $(0.07) per diluted common share for the third quarter of 2023. Earnings available for distribution were $0.13 per diluted common share. GAAP book value was $6.90 per common share. The company expects the portfolio to benefit from reduced financing costs and improved economic performance once interest rates moderate and decline.
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Chimera Appoints New Independent Board Member Susan Mills

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Chimera Investment Corporation has elected Susan Mills as a Class I Director on its Board. Ms. Mills, a Managing Director at Academy Securities, brings extensive expertise in the mortgage banking industry. She spent 36 years at Citigroup Global Markets and held various senior management positions related to North American Residential Mortgages. Ms. Mills will stand for election at the 2024 shareholder meeting.
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Chimera Investment Corporation Announces Date of Third Quarter 2023 Financial Results and Conference Call

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Chimera Investment Corporation plans to release its financial results for Q3 2023 on November 2, 2023.
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Chimera Declares Third Quarter 2023 Common and Preferred Stock Dividends

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CHIMERA INVESTMENT CORPORATION REPORTS 2ND QUARTER 2023 EARNINGS

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Chimera Investment Corporation Announces Date of Second Quarter 2023 Financial Results and Conference Call

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Chimera Investment Corporation (NYSE: CIM) plans to release its Q2 2023 financial results on August 3, 2023, followed by a conference call and webcast. The call-in number and webcast link are provided, with a two-week replay option. Interested individuals can sign up for email alerts on the company's website.
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FAQ

What is the current stock price of Chimera Investment (CIM)?

The current stock price of Chimera Investment (CIM) is $14.69 as of November 15, 2024.

What is the market cap of Chimera Investment (CIM)?

The market cap of Chimera Investment (CIM) is approximately 1.2B.

What type of assets does Chimera Investment Corporation invest in?

Chimera invests in a portfolio of mortgage assets, including agency RMBS, non-agency RMBS, agency commercial mortgage-backed securities, residential mortgage loans, and other real estate-related securities.

What is the main focus of Chimera's investment strategy?

The main focus of Chimera's investment strategy is on agency mortgage-backed securities, which form a substantial part of its portfolio.

How does Chimera enhance its portfolio?

Chimera leverages its investments to enhance the value and performance of its portfolio.

What other types of mortgages does Chimera invest in?

Apart from agency mortgage-backed securities, Chimera also invests in subprime residential mortgage loans and non-agency RMBS.

How does Chimera communicate with its stakeholders?

Chimera maintains a transparent and direct approach to communication, keeping stakeholders well-informed about recent achievements, financial conditions, and future projects.

What makes Chimera a reliable investment option?

Chimera's robust and diversified investment strategy, along with its adept management and strategic partnerships, makes it a reliable investment option.

What are some recent developments at Chimera?

Chimera regularly updates stakeholders on recent achievements, financial health, and ongoing projects, reflecting its commitment to transparency and performance.

What is the importance of agency RMBS in Chimera's portfolio?

Agency RMBS is crucial as it forms the cornerstone of Chimera's diversified portfolio, providing stability and potential returns.

How does Chimera maximize shareholder value?

Chimera maximizes shareholder value through meticulous portfolio management and strategic investments in diverse mortgage assets.

What should investors expect from Chimera's performance updates?

Investors can expect detailed and reliable performance updates that reflect the latest developments and financial health of the company.

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Chimera Investment Corp.

NYSE:CIM

CIM Rankings

#2388 Ranked by Market Cap
#197 Ranked by Dividends

CIM Stock Data

1.19B
80.88M
1.46%
48.51%
2.28%
REIT - Mortgage
Real Estate Investment Trusts
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United States of America
NEW YORK