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Chimera Investment Corporation  (CIM)
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Price: $4.4200 $-0.10 -2.212%
Day's High: $4.55 Week Perf: -1.78 %
Day's Low: $ 4.42 30 Day Perf: 1.38 %
Volume (M): 943 52 Wk High: $ 6.49
Volume (M$): $ 4,166 52 Wk Avg: $5.22
Open: $4.55 52 Wk Low: $4.17



 Market Capitalization (Millions $) 1,002
 Shares Outstanding (Millions) 227
 Employees -
 Revenues (TTM) (Millions $) 841
 Net Income (TTM) (Millions $) -91
 Cash Flow (TTM) (Millions $) -198
 Capital Exp. (TTM) (Millions $) 0

Chimera Investment Corporation
Chimera Investment Corp, founded in 2007, is a publicly-traded real estate investment trust (REIT) that invests in residential mortgage-backed securities (RMBS), collateralized mortgage obligations (CMOs), and other asset-backed securities. The company operates primarily in the United States.

The company's business model involves purchasing and managing a diversified portfolio of mortgage-backed securities and other investments backed by consumer and commercial loans. Chimera's portfolio consists of investments that generate passive income from interest and principal payments.

Additionally, the company acquires, manages, and services residential mortgage loans, commercial mortgage loans, and real estate-related securities. This makes Chimera Investment Corp one of the largest non-bank mortgage real estate investment trusts in the US.

Chimera Investment Corp is managed by Annaly Capital Management, Inc., a mortgage real estate investment trust, that has a long and successful history in the business. Annaly Capital Management provides Chimera with operational expertise, capital allocation, and efficient access to funding.

The company's investment focus is on reducing credit risk by diversifying its portfolio across multiple asset classes, such as fixed and adjustable-rate RMBS, mortgage servicing rights (MSR), and commercial mortgage loan-backed securities. Chimera Investment Corp also invests in higher-yielding investments that have a greater risk such as subprime mortgage-backed securities.

As of December 31, 2020, Chimera Investment Corp's total assets were approximately $20.2 billion, with its residential mortgage portfolio comprising approximately 78% of its assets, commercial mortgage-backed securities comprising 19%, and other investments comprising 2%.

Chimera Investment Corp has been successful in generating stable and attractive returns for its shareholders over the long term. The company's management team is committed to executing on their investment strategy, maintaining a stable dividend, and providing superior returns to their investors.

In summary, Chimera Investment Corp is a leading non-bank mortgage REIT that invests in residential mortgage-backed securities and other asset-backed securities. Managed by Annaly Capital Management, the company has a diversified portfolio of investments that generate passive income from interest and principal payments. The company has proven its ability to generate stable and attractive returns for shareholders while maintaining a solid dividend payout.


   Company Address: 630 Fifth Avenue New York, 10111 NY
   Company Phone Number: 895-6557   Stock Exchange / Ticker: NYSE CIM
   


   

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Chimera Investment Corporation

Chimera Investment Corporation Bounces Back with Promising Financial Report, Despite Heavy Contraction in Q1 2023

Despite recording a cumulative net loss of $-553 million during 12 months ending in the first quarter of 2023, Chimera Investment Corporation is showing signs of improvement in their recent financial report. The company's revenue decreased by -8.273%, to $246.30 million from $268.51 million in the corresponding quarter a year ago. However, sequentially, the revenue doubled by 295.467% from $62.28 million.
Although Return on assets (ROA) has deteriorated compared to the third quarter of 2022 to 1471, the company's income per share remained unchanged at $0.17 per share compared to $0.00 a year ago. Meanwhile, within the Financial sector, 386 other companies had a higher return on assets. This still indicates the company has a long way to go before it becomes one of the more profitable companies in its sector.






 

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