Chimera Investment Corp CIM Stock Price Today, Quote, Latest Discussions, Interactive Chart and News

September 3, 2021 • Posted by Toby Magcaling in Forex Trading •  

The Board of Directors of Chimera announced the declaration of its fourth quarter cash dividend of $0.50 per share of 8% Series A Cumulative Redeemable Preferred Stock. NEW YORK–(BUSINESS WIRE)–The Board of Directors of Chimera announced the declaration of its third quarter cash dividend of $0.23 per share of common stock. NEW YORK–(BUSINESS WIRE)–The Board of Directors of Chimera announced the declaration of its fourth quarter cash dividend of $0.50 per share of 8% Series A Cumulative Redeemable Preferred Stock. High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks.

Data may be intentionally delayed pursuant to supplier requirements. NEW YORK (MarketWatch) — Chimera Investment Corp. said Thursday it priced 85 million shares of common stock at $3.89 a share for proceeds of $331 million. Managed by Annaly Capital Management, Inc. , Chimera Investment e…

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. The company has elected to be taxed as a REIT which is a tax-sheltered vehicle for real estate investment. As such, the company must invest at least 75% of its assets in real estate and return 90% of its taxable income to shareholders in the form of dividends. The only drawback is that shareholders are responsible for income taxes on the earnings. NEW YORK–(BUSINESS WIRE)–The Board of Directors of Chimera announced the declaration of its fourth quarter cash dividend of $0.23 per share of common stock. 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 …

The consensus rating for Chimera Investment is Moderate Buy while the average consensus rating for finance companies is Hold. The most recent change in the company’s dividend was a decrease of $0.05 on Wednesday, June 14, 2023. Chimera Investment Corporation investors may participate in a share repurchase plan as well.

This suggests a possible upside of 5.1% from the stock’s current price. View analysts price targets for CIM or view top-rated stocks among Wall Street analysts. 2 Wall Street equities research analysts have issued “buy,” “hold,” and “sell” ratings for Chimera Investment in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should “moderate buy” CIM shares.

• As of late 2022, the company had more than $3 billion in capitalization including common and preferred stock, and had paid more than $5.8 billion in dividends.
• Chimera Investment Corporation operates as a real estate investment trust (REIT) in the United States.
• NEW YORK–(BUSINESS WIRE)–The Board of Directors of Chimera Investment Corporation announced the declaration of its third quarter cash dividend of $0.18 per common share.
• The Board of Directors of Chimera announced the declaration of its fourth quarter cash dividend of $0.50 per share of 8% Series A Cumulative Redeemable Preferred Stock.
• At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors.

These are established companies that reliably pay dividends. NEW YORK–(BUSINESS WIRE)–The Board of Directors of Chimera Investment Corporation announced the declaration of its third quarter cash dividend of $0.18 per common share. According to the issued ratings of 2 analysts in the last year, the consensus rating for Chimera Investment stock is Moderate Buy based on the current 1 hold rating and 1 buy rating for CIM.

CIM Company Calendar

At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.32% per year. These returns cover a period from January 1, 1988 through July 31, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return.

Stockholders of record on Friday, September 29th will be given a dividend of $0.18 per share on Tuesday, October 31st. This represents a $0.72 annualized dividend and a yield of 12.11%. The ex-dividend date of this dividend is Thursday, September 28th. According to 3 analysts, the average rating for CIM stock is “Hold.” The 12-month stock price forecast is $5.67, which is a decrease of -4.71% from the latest price. Chimera Investment declared that its board has initiated a stock repurchase plan on Wednesday, June 14th 2023, which allows the company to buyback $250,000,000.00 in outstanding shares, according to EventVestor.

The scores are based on the trading styles of Value, Growth, and Momentum. There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. The Style Scores are a complementary set of indicators https://bigbostrade.com/ to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. REITs are dividend-paying entities that own or finance real estate. Analysts like Chimera Investment more than other Finance companies.

Chimera Investment Dividend History by Quarter

The technique has proven to be very useful for finding positive surprises. As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. Over the past three years, the company’s dividend has not grown. Upgrade to MarketBeat All Access to add more stocks to your watchlist. One share of CIM stock can currently be purchased for approximately $5.95.

Price Target and Rating

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. 2 Wall Street analysts have issued 1-year price objectives for Chimera Investment’s stock. Their CIM share price forecasts range from $5.50 to $7.00. On average, they expect the company’s stock price to reach $6.25 in the next twelve months.

The average twelve-month price prediction for Chimera Investment is $6.25 with a high price target of $7.00 and a low price target of $5.50. Chimera Investment Corporation finances its operations through secured pools of residential and commercial mortgage loans and by leveraging other real estate-related securities as well. The strategy not only provides a stable source of financing but also provides the flexibility to enhance returns or mitigate risk as necessary.

Chimera Investment’s next quarterly dividend payment of $0.18 per share will be made to shareholders on Tuesday, October 31, 2023. Enter your email address below to receive the DividendStocks.com newsletter, a daily email that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news. One risk of Chimera Investment Corporation is its exposure to US credit risk retention rules. These rules limit the company’s ability to sell or hedge a large portion of its RMBS portfolio which means it may have to hold some assets it would otherwise sell.

Earnings & Revenue

NEW YORK–(BUSINESS WIRE)–The Board of Directors of Chimera announced the declaration of its third quarter cash dividend of $0.50 per share of 8% Series A Cumulative Redeemable Preferred Stock. NEW YORK–(BUSINESS WIRE)–The Board of Directors of Chimera announced the declaration of its second quarter cash dividend of $0.50 per share of 8% Series A Cumulative Redeemable Preferred 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.

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. CIM earnings call for the period ending September 30, 2021. CIM earnings call for the period ending December 31, 2021. CIM earnings call for the period ending March 31, 2022.

A significant percentage of these securities are backed by properties in California. The company generates nearly all of its income from interest payments derived from its investments. The company was founded on June 1, 2007 and is headquartered in New York, NY.

Chimera Investment Corporation Announces Cash Dividend for the Second Quarter of 2023, Payable on July 31, 2023

Income is generated by the net spread between the income earned on investments and the costs of financing. Chimera Investment Corporation operates as an internally-managed real estate investment trust (REIT) in the United States. The company was incorporated in 2007 with the purpose of investing in mortgage loans, asset securitization, and mortgage-backed securities.

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similar fashion. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. In an initial public offering market on life support, even China is having problems.

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 forex pairs 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. Chimera Investment announced a quarterly dividend on Thursday, August 3rd.