Chimera Investment (CIM) Projected to Post Earnings on Thursday

Chimera Investment (NYSE:CIM) will likely be releasing its Q1 2025 earnings data before the market opens on Thursday, May 8th. Analysts expect the company to announce earnings of $0.38 per share and revenue of $72.07 million for the quarter.

Chimera Investment (NYSE:CIM) last announced its quarterly earnings data on Wednesday, February 12th. The real estate investment trust reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.10). Chimera Investment had a net margin of 20.28% and a return on equity of 7.00%.

Chimera Investment Trading Down 1.5 %

NYSE:CIM opened at $12.16 on Tuesday. Chimera Investment has a 52 week low of $9.85 and a 52 week high of $16.89. The company has a quick ratio of 3.03, a current ratio of 0.06 and a debt-to-equity ratio of 2.82. The company has a market cap of $984.60 million, a PE ratio of 11.26 and a beta of 1.76. The business’s 50 day moving average is $12.53 and its two-hundred day moving average is $13.89.

Chimera Investment Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 30th. Investors of record on Monday, March 31st were paid a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 12.17%. The ex-dividend date was Monday, March 31st. Chimera Investment’s dividend payout ratio (DPR) is presently 137.04%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on CIM. StockNews.com cut shares of Chimera Investment from a “buy” rating to a “hold” rating in a report on Thursday, February 13th. JMP Securities reissued a “market perform” rating on shares of Chimera Investment in a report on Thursday, January 23rd. Finally, Royal Bank of Canada raised Chimera Investment to a “moderate buy” rating in a report on Friday, March 14th.

Insider Activity

In other news, Director Gerard Creagh acquired 12,500 shares of the business’s stock in a transaction that occurred on Tuesday, March 11th. The shares were purchased at an average cost of $13.31 per share, for a total transaction of $166,375.00. Following the transaction, the director now directly owns 138,127 shares in the company, valued at $1,838,470.37. This trade represents a 9.95 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.91% of the company’s stock.

About Chimera Investment

Chimera Investment Corporation operates as a real estate investment trust (REIT) in the United States. The company, through its subsidiaries, invests in a portfolio of mortgage assets, including residential mortgage loans, agency residential mortgage-backed securities, non-agency residential mortgage-backed securities, agency mortgage-backed securities secured by pools of commercial mortgage loans, business purpose and investor loans, and other real estate related securities.