Chimera Investment

Chimera Investment Corp. operates as a real estate investment trust. engaged in the business of investing in a portfolio of mortgage assets, including residential mortgage loans, Agency RMBS, Non-Agency RMBS, Agency CMBS, and other real estate-related assets The firm's objective is to provide risk-adjusted returns to its investors over the long-term, primarily through dividends and secondarily through capital appreciation. The company was founded on June 1, 2007 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Chimera Investment tackles challenges, focuses on strategic growth initiatives

Chimera Investment (CIM) navigated challenges from inflation and interest rate hikes by focusing on strategic initiatives and financial improvements.
The company's strengths in portfolio diversification, acquiring diverse loan types, and enhancing book value per common share were highlighted.
Addressing concerns around hedging strategies, dividend sustainability, and equity financing will be key to sustaining shareholder value and financial stability.

Chimera Investment reports robust Q1 performance amidst market challenges

Chimera Investment's Q1 earnings call highlighted strong performance, resilience in the face of challenges, and opportunities for growth. The company's financial metrics, strategic actions, and positive outlook position it well for the future.

Chimera Investment Q2 2023: Solid Performance Amidst Market Challenges

Chimera Investment reported solid financial metrics in Q2 2023, with a focus on maintaining economic return amidst market challenges.
The company demonstrated strategic initiatives to address rising rates, reduce financing costs, and enhance shareholder value through stock buybacks.
While facing challenges such as declining book value per share and constant expenses, Chimera remains optimistic about its position in the market.
Opportunities lie in leveraging a strong economy, preparedness for rate hikes, and strategic investments to drive future growth and profitability.

Chimera Investment adapts to high rates, optimistic on future growth

Chimera Investment navigated market challenges by focusing on liquidity management and reducing dividend to align with earnings.
Despite economic uncertainties, the company remains optimistic about future performance and is proactive in managing its financial position.
Strong portfolio performance and stable interest income position Chimera Investment well to capitalize on growth opportunities and optimize returns.

Chimera Investment excels in Q4 amidst market volatility, eyes growth opportunities

Chimera Investment's Q4 2023 earnings call highlighted a robust performance amidst market volatility, emphasizing strategic acquisitions and capital deployment. The company's proactive stance on optimizing investments and managing expenses positions it well for growth in 2024.

Chimera Investment (CIM) reports solid Q1 performance and eyes growth opportunities

Chimera Investment's Q1 2024 earnings call highlighted strong financial results, prudent balance sheet actions, and strategic interest rate risk management. The company faces challenges in capital deployment decisions but has opportunities to optimize its EAD outlook and ROE. Overall, Chimera Investment remains well-positioned for growth and value creation in the evolving market landscape.

Chimera Investment reports stable Q2 performance amidst market challenges

Chimera Investment (CIM) navigated market challenges with stable financial performance and strategic achievements in Q2 2024.
While facing uncertainties in the economy and interest rate environment, the company capitalized on housing market resilience and effective risk management.
Opportunities for growth and diversification exist, positioning Chimera Investment for continued success in the evolving financial landscape.

Chimera Investment posts strong Q3 results, eyes strategic growth

Chimera Investment (CIM) delivered robust financial performance in Q3 2024, driven by strategic acquisitions and dividend increases. While facing challenges related to interest rate exposure, the company remains focused on enhancing shareholder value and pursuing growth opportunities.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Chimera Investment Corp. is a real estate investment trust, which engages in the business of investing in a portfolio of mortgage assets, including residential mortgage loans, Agency RMBS, Non-Agency RMBS, Agency CMBS, and other real estate-related assets. The company was founded on June 1, 2007 and is headquartered in New York, NY.

Shares of Chimera Investment (NYSE:CIM) moved higher by 0.2% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share decreased 49.12% over the past year to $0.29, which missed the estimate of $0.31.

Chimera Investment: Q4 Earnings Insights

NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE:CIM) today announced its financial results for the fourth quarter ended December 31, 2020. The Company's GAAP net income for the fourth quarter was $129 million, or $0.49 per common share and net income was $15 million, or $0.07 for the full year ended December 31, 2020. Core earnings(1) for the fourth quarter and full year ended December 31, 2020 was $72 million, or $0.29 per common share and $334 million, or $1.46 per common shar

Chimera Investment Corporation Reports 4th Quarter 2020 Earnings

Anworth Mortgage Asset

BrightSphere Investment Group

Capstead Mortgage

Dynex Capital

New York Mortgage Trust Inc 7 7/8 % Cum Red Pfd Shs Series C

Ready Capital Corp

Sachem Capital

UMH Properties

Higher rates have caused a decline in the preferreds market creating some opportunities. In a rising rate environment, focus on issues with limited duration, high coupons and ones that are pinned to par.

Rates Go Higher, Preferreds Pull Back, Opportunities Arise

NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE: CIM) (the "Company") announced today that it plans to release its financial results for the fourth quarter and full year ended December 31, 2020 on Wednesday, February 10, 2021 prior to 7:00 a.m. EDT. The Company will conduct a conference call and audio webcast to discuss the results on Wednesday, February 10, 2021 at 8:30 a.m. EDT. Call-in Number: U.S. Toll Free (866) 643-4456 International (703) 546-4241 Conference ID 2684611 We

Chimera Investment Corporation Announces Date of Fourth Quarter and Full Year 2020 Financial Results and Conference Call

Antero Midstream Partners

Energy Transfer LP Unit

Icahn Enterprises

Lumen Technologies

MPLX

Phillips 66

Shell Midstream Partners LP

Starwood Property

Sunoco

These 10 stocks could be great buys if the real estate and energy sectors recover next year.

Should You Scoop Up These 10 Highest-Yielding Dividend Stocks of 2020?

One of the preferred shares in our portfolio is CIM-A. It was also one of our top picks in a recent subscriber article. Shares offer a stripped yield of 8.2%, which is a reasonable amount of income.

Fixed-Rate 8.2% Yield From Chimera's Preferred Share

NEW YORK--(BUSINESS WIRE)--The Board of Directors of Chimera Investment Corporation announced the declaration of its fourth quarter cash dividend of $0.30 per common share. The dividend is payable January 29, 2021 to common stockholders of record on December 30, 2020. The ex-dividend date is December 29, 2020. 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. The dividend is pa

Chimera Declares Fourth Quarter 2020 Common and Preferred Stock Dividends

The stock provided rapid returns since our last call a few weeks ago. Surprisingly, earnings power is higher than a year ago, reflecting solid portfolio management.

Chimera's Rapid Returns Will Continue

NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE:CIM) (“Chimera” or the “Company”) announced today that Matthew J. Lambiase will retire from his roles as President and Chief Executive Officer of the Company effective December 31, 2020. Mr. Lambiase will continue to serve on the Company's Board of Directors (the “Board”) until his retirement. Mr. Lambiase has expressed a desire to spend more time with his family and will assist the Company with a smooth transition. Mr. Lambiase st

Matthew J. Lambiase to Retire as Chief Executive Officer of Chimera

Chimera Investment Corporation's (CIM) CEO Matthew Lambiase on Q3 2020 Results - Earnings Call Transcript

Chimera (CIM) delivered earnings and revenue surprises of 6.45% and 11.93%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Chimera Investment (CIM) Beats Q3 Earnings and Revenue Estimates

Shares of Chimera Investment (NYSE:CIM) moved higher by 0.3% in pre-market trading after the company reported Q3 results. Quarterly Results Earnings per share fell 34.00% over the past year to $0.33, which beat the estimate of $0.29.

Recap: Chimera Investment Q3 Earnings

NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE:CIM) today announced its financial results for the third quarter ended September 30, 2020. The Company's GAAP net income for the third quarter was $349 million, or $1.32 per common share. Core earnings(1) for the third quarter was $80 million, or $0.33 per common share. “Over the past six months we have concentrated the company's efforts on strengthening the balance sheet and protecting our valuable credit assets” said Matthew Lamb

Chimera Investment Corporation Reports 3rd Quarter 2020 Earnings

Low LIBOR rates during the third quarter are likely to lead to have reduced interest income for Chimera's (CIM) floating-rate investments.

Here's How Chimera (CIM) Looks Just Ahead of Q3 Earnings

PIMCO Dynamic Credit and Mortgage Income Fund

PennyMac Financial Services

PennyMac Mortgage Investment

The residential housing market has been extraordinarily strong in 2020. We take a look at the dynamics and explain why we believe the market will remain strong.

Housing REITs: Our No. 1 Sector For 2021

NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE: CIM) (the "Company") announced today that it plans to release its financial results for the third quarter ended September 30, 2020 on Wednesday, November 4, 2020 prior to 7:00 a.m. EST. The Company will conduct a conference call and audio webcast to discuss the results on Wednesday, November 4, 2020 at 9:00 a.m. EST. Call-in Number:     U.S. Toll Free   (866) 643-4456 International   (703) 546-4241 Conference ID   2656646 Webcast

Chimera Investment Corporation Announces Date of Third Quarter 2020 Financial Results and Conference Call

Ares Commercial Real Estate

American Fin Tr Inc - Ordinary Shares - Class A

Preferred Apartment Communities

Apollo Commercial Real Estate Finance

Blackstone Mortgage Trust

Cherry Hill Mortgage

GEO Group

Global Net Lease

Granite Point Mortgage Trust

Ladder Capital

Office Properties Income Trust

Orchid Island Capital

Retail Value Inc

Retail Value Inc again showed top-broker estimated-net gains of 141.2%, while Klepierre had the top 17.19% yield out of 350 U.S. REITs per YCharts data 10/16/20.

55 U.S. Real Estate Investment Trusts Yield Over 7% In October

We're focusing in on the preferred shares from CIM. We've seen a few solid opportunities lately.

A Quick Round Trip For Chimera Preferred Shares

The prior quarter which was rocked by COVID was a complete disaster, and huge margin calls were seen in the sector in the spring.

Chimera Investment: Pullback Creates Massive Discount

AGNC Investment

AGNC Investment Corp. Deposit Repr 1/1000th 7 3/4 % Cum Red Perp Pfd Class B

AGNC Investment Corp - FXDFR PRF PERPETUAL USD 25 - Ser D 1/1000th int

AGNC Investment Corp. Deposit Shs Repr 1/1000th Cum Conv Red Pfd Registered Shs Series C

Annaly Capital

New York Mortgage Trust

New York Mortgage Trust, Inc. Cum Conv Perp Red Pfd Registered Shs Series D

New York Mortgage Trust Inc 7 3/4 % Cum Red Pfd Shs Series B

iShares Preferred and Income Securities ETF 

Two Harbors Investment

We anticipate investors may switch their focus back and forth between 2020-Q4 and 2021-Q1 several times before the end of the 2020 calendar year.

Skipping Preferred Share Dividend Captures For A Quarter

Saul Centers

City Office REIT

Gladstone Commercial

Retail Value Inc. again showed top broker estimated net gains of 149.61%, while Two Harbors Investment showed top 18.57% yield (@$5.33 price) out of 350 U.S. REITs per YCharts data 9/17/20.

49 U.S. Real Estate Investment Trusts Yield Over 6% In Late September

10% Yields With One Clear Winner From Chimera

NEW YORK--(BUSINESS WIRE)--The Board of Directors of Chimera announced the declaration of its third quarter cash dividend of $0.30 per common share. The dividend is payable October 29, 2020 to common stockholders of record on September 29, 2020.

Chimera Declares Third Quarter 2020 Common Stock Dividend

Earn A 9.5% Yield From A Hot Housing Market: Chimera Preferreds

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. The dividend is payable September 30, 2020 to preferred shareholders of record on September 18, 2020.

News for Chimera Investment Stock (CIM)