Commodity Channel Index
|Bid||10.64 x 2900|
|Ask||10.75 x 800|
|Day's Range||10.49 - 11.82|
|52 Week Range||6.42 - 22.99|
|Beta (5Y Monthly)||0.93|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 29, 2020 - Aug 03, 2020|
|Forward Dividend & Yield||2.00 (21.69%)|
|Ex-Dividend Date||Mar 30, 2020|
|1y Target Est||10.50|
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 dividend is payable June 30, 2020 to preferred shareholders of record on June 10, 2020. The ex-dividend date is June 9, 2020.
The last couple of months have been a crucible for mortgage real estate investment trusts (mREITs). The COVID-19 crisis has caused extreme volatility in the bond markets, and mortgage-backed securities generally abhor volatility. Every mREIT has a different investment strategy, and pretty much every one has reacted in its own way.
Shareholders in Chimera Investment Corporation (NYSE:CIM) may be thrilled to learn that the analysts have just...
During this call, we will be making forward-looking statements, which are predictions, projections or other statements about future events. Actual events and results may differ materially from these forward-looking statements.
Shares of Chimera Investment (NYSE:CIM) rose 1.1% in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share were flat year over year to $0.57, which beat the estimate of $0.45.Revenue of $158,183,000 higher by 7.29% from the same period last year, which beat the estimate of $132,970,000.Guidance Chimera Investment hasn't issued any earnings guidance for the time being.Chimera Investment hasn't issued any revenue guidance for the time being.How To Listen To The Conference Call Date: May 06, 2020View more earnings on CIMTime: 03:00 PM ETWebcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg30.jsp&referrer=https%3A%2F%2Fwww.chimerareit.com%2Fwebsites%2Fchimera%2FEnglish%2F5200%2Fevents.html&eventid=2300120&sessionid=1&key=485B8107585FE47CF1D78A3A070F654E®Tag=&sourcepage=registerPrice Action 52-week high: $22.98Company's 52-week low was at $6.42Price action over last quarter: down 64.38%Company Description Chimera Investment Corporation is a real estate investment trust primarily engaged in investing in a portfolio of mortgage assets on a leveraged basis. These investments include a variety of government-sponsored agency residential mortgage-backed securities, or RMBS, non-agency RMBS, agency commercial mortgage-backed securities, residential mortgage loans, and other real estate-related securities. Agency mortgage-backed securities represent the largest share of this portfolio, while subprime residential mortgage loans and non-agency RMBS also make up substantial shares. A significant percentage of these securities are backed by properties in California. Chimera generates nearly all of its income from interest payments derived from its investments.See more from Benzinga * 6 Real Estate Stocks Moving In Monday's Pre-Market Session(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Chimera (CIM) delivered earnings and revenue surprises of 78.13% and 35.30%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Chimera Investment Corporation (NYSE:CIM) today announced its financial results for the first quarter ended March 31, 2020. The Company’s GAAP net loss for the first quarter was $(389) million, or $(2.08) per common share. Core earnings(1) for the first quarter was $106 million, or $0.57 per common share.
As every investor would know, not every swing hits the sweet spot. But you want to avoid the really big losses like...
Chimera Investment Corporation (NYSE: CIM) (the "Company") announced today that it plans to release its financial results for the first quarter ended March 31, 2020 on Wednesday, May 6, 2020 prior to 7:00 a.m. EDT. The Company will conduct a conference call and audio webcast to discuss the results on Wednesday, May 6, 2020 at 9:00 a.m. EDT.
Chimera Investment Corporation (NYSE: CIM) (the "Company") today announced the pricing of an underwritten public offering of $325 million aggregate principal amount of its 7.00% convertible senior notes due 2023 (the "Notes") at an issue price of 100%, plus accrued interest, if any, from April 13, 2020. The offering is expected to close on April 13, 2020 and is subject to customary closing conditions. The Company has granted the underwriter an option to purchase up to an additional $48.75 million aggregate principal amount of the Notes to cover over-allotments.
Chimera Investment Corporation (NYSE: CIM) (the "Company") today announced that it has commenced an underwritten public offering of $250.0 million aggregate principal amount of convertible senior notes due 2023 (the "Notes"), subject to market and other conditions. The Company expects to grant the underwriter a 13-day option to purchase up to an additional $37.5 million aggregate principal amount of the Notes to cover over-allotments. The Notes will be senior unsecured obligations of the Company.
Chimera Investment Corporation ("Chimera" or the "Company") announced that at close of business on March 27, 2020 Chimera estimates that its GAAP book value per share is between $12.25 and $12.75.
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...
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 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?
Chimera (CIM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.