|Bid||17.00 x 900|
|Ask||17.49 x 800|
|Day's Range||13.93 - 17.64|
|52 Week Range||6.83 - 26.87|
|Beta (5Y Monthly)||0.59|
|PE Ratio (TTM)||9.61|
|Forward Dividend & Yield||2.00 (19.49%)|
|Ex-Dividend Date||Feb 26, 2020|
|1y Target Est||N/A|
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
Chimera Investment Corporation (NYSE:CIM) shareholders (or potential shareholders) will be happy to see that the...
Chimera Investment has been struggling lately, but the selling pressure may be coming to an end soon.
In light of recent market events, Chimera Investment Corporation ("Chimera" or the "Company") announced a $150 million common stock buyback on March 13th and through March 17th Chimera has repurchased $22 million of its common stock. In addition, Officers and Directors have purchased shares.
Chimera (CIM) has been upgraded to a Zacks Rank 1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Chimera Investment Corporation (NYSE:CIM) today announced its Board of Directors has authorized the repurchase of up to $150 million of its outstanding common shares. The share repurchase program is expected to be funded through the Company’s existing capital. The repurchase program announced today replaces the Company’s previously disclosed share repurchase program (of which, as of the date hereof, approximately $85 million was available).
Chimera (CIM) delivered earnings and revenue surprises of 25.49% and 20.15%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
If you buy and hold a stock for many years, you'd hope to be making a profit. But more than that, you probably want to...
Shares in Spain’s Actividades de Construccion y Servicios SA and its subsidiary Hochtief AG fell on Thursday after CIMIC Group Ltd. said it would exit the Middle East region and book a large writedown.
Most investors tend to think that hedge funds and other asset managers are worthless, as they cannot beat even simple index fund portfolios. In fact, most people expect hedge funds to compete with and outperform the bull market that we have witnessed in recent years. However, hedge funds are generally partially hedged and aim at […]
Before we spend days researching a stock idea we like to take a look at how hedge funds and billionaire investors recently traded that stock. Russell 2000 ETF (IWM) lagged the larger S&P 500 ETF (SPY) by more than 10 percentage points since the end of the third quarter of 2018. This means hedge funds […]
Chimera Investment Corporation (NYSE:CIM) is a stock with outstanding fundamental characteristics. When we build an...
It was a rough fourth quarter for many hedge funds, which were naturally unable to overcome the big dip in the broad market, as the S&P 500 fell by about 4.8% during 2018 and average hedge fund losing about 1%. The Russell 2000, composed of smaller companies, performed even worse, trailing the S&P by more […]
The Omega Advisors chairman and CEO, billionaire Leon Cooperman, recently was a guest at CNBC’s "Squawk Box", and he shared his observations on the current market trends. In the interview, he pointed out that we live in abnormal times alluding to $12 trillion-plus of sovereign debt that has a negative interest rate. He explained further […]
On a per-share basis, the New York-based company said it had profit of 54 cents. Earnings, adjusted for non-recurring costs, were 57 cents per share. The mortgage investor posted revenue of $355.1 million ...
We at Insider Monkey have gone over 700 13F filings that hedge funds and prominent investors are required to file by the SEC. The 13F filings show the funds' and investors' portfolio positions as of December 31st. In this article we look at what those investors think of Chimera Investment Corporation (NYSE:CIM). Chimera Investment Corporation […]
Chimera Investment Corp (NYSE:CIM) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018.