Chimera Investment Stock Forecast, Price & News NYSE:CIM
The ex-dividend date of this dividend is Thursday, September 28th. According to 3 analysts, the average rating for CIM stock is “Hold.” The 12-month stock price forecast is $5.67, which is a decrease of -7.05% from the latest price. Chimere Investment Corporation is based in New York, New York, trades on the New York Stock Exchange, and works to provide attractive risk-adjusted returns via dividends and capital preservation. As of late 2022, the company had more than $3 billion in capitalization including common and preferred stock, and had paid more than $5.8 billion in dividends.
That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The scores are based on the trading styles of Value, Growth, and Momentum. There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score.
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NEW YORK (MarketWatch) — Chimera Investment Corp. priced 33.33 million shares at $15 a share, raising $500 million in its initial public offering on Friday. The unit of Annaly Capital Management is a newly-formed specia… Analysts like Chimera Investment more than other Finance companies. The consensus rating for Chimera Investment is Moderate Buy while the average consensus rating for finance companies is Hold. Chimera Investment’s next quarterly dividend payment of $0.18 per share will be made to shareholders on Tuesday, October 31, 2023. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services.
- Investors of Record can participate directly in the plan while Beneficial Owners may request their shares be transferred to the agent of record and become Investors of Record.
- The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries.
- NEW YORK–(BUSINESS WIRE)–The Board of Directors of Chimera announced the declaration of its third quarter cash dividend of $0.23 per share of common stock.
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Approximately 3.9% of the company’s shares are sold short. NEW YORK (MarketWatch) — Chimera Investment Corp. said Thursday it priced 85 million shares of common stock at $3.89 a share for proceeds of $331 million. Managed by Annaly Capital Management, Inc. , Chimera Investment e… Sign-up to receive the latest news and ratings for CIM and its competitors with MarketBeat’s FREE daily newsletter. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. As an investor, you want to buy stocks with the highest probability of success.
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In an initial public offering market on life support, even China is having problems. There are many who think that following the filings of billionaire hedge fund managers and investors is a great way to build a portfolio, but there are a number of reasons why this thinking is flawed.
On average, they anticipate the company’s share price to reach $6.25 in the next twelve months. This suggests a possible upside of 5.0% from the stock’s current price. View analysts price targets for CIM or view top-rated stocks among Wall Street analysts. The what is the laissez faire view point company has elected to be taxed as a REIT which is a tax-sheltered vehicle for real estate investment. As such, the company must invest at least 75% of its assets in real estate and return 90% of its taxable income to shareholders in the form of dividends.
Chimera Investment Corporation(NYSE:CIM) dropped from Russell 1000 Dynamic Index
The company was incorporated in 2007 with the purpose of investing in mortgage loans, asset securitization, and mortgage-backed securities. NEW YORK–(BUSINESS WIRE)–The Board of Directors of Chimera announced the declaration of its fourth quarter cash dividend of $0.23 per share of common stock. CIM, -1.62% shares advanced by 2.7% in premarket trades Monday after the New York-based real estate investment trust named its chief legal officer Phillip J. Kardis II as CEO … 2 analysts have issued 12-month price targets for Chimera Investment’s stock. Their CIM share price forecasts range from $5.50 to $7.00.
- Zacks Ranks stocks can, and often do, change throughout the month.
- Chimera Investment Corporation is a real estate investment trust engaged in investing in a portfolio of mortgage assets on a leveraged basis.
- This suggests a possible upside of 5.0% from the stock’s current price.
- In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest.
- NEW YORK–(BUSINESS WIRE)–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.
- A significant percentage of these securities are backed by properties in California.
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Chimera Investment Corporation(NYSE:CIM) dropped from Russell 2000 Value-Defensive Index
The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1′s and #2′s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4′s and #5′s. We’d like to share more about how we work and what drives our day-to-day business. Compare
CIM’s historical performance
against its industry peers and the overall market.
Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Chimera Investment Corporation operates as an internally-managed real estate investment trust (REIT) in the United States.
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More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends. 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. NEW YORK–(BUSINESS WIRE)–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.
Chimera Investment Corporation operates as a real estate investment trust (REIT) in the United States. Chimera Investment Corporation is a real estate investment trust engaged in investing in a portfolio of mortgage assets on a leveraged basis. Agency mortgage-backed securities represent the largest share of this portfolio, while subprime residential https://1investing.in/ mortgage loans and non-agency RMBS also make up substantial shares. A significant percentage of these securities are backed by properties in California. The company generates nearly all of its income from interest payments derived from its investments. The company was founded on June 1, 2007 and is headquartered in New York, NY.
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Enter your email address below to receive our daily newsletter that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news. The technique has proven to be very useful for finding positive surprises. In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest. Style is an investment factor that has a meaningful impact on investment risk and returns.
The only drawback is that shareholders are responsible for income taxes on the earnings. Chimera Investment Corp. shares advanced by 2.7% in premarket trades Monday after the New York-based real estate investment trust named its chief legal officer Phillip J. Kardis II as CEO and director. NEW YORK–(BUSINESS WIRE)–The Board of Directors of Chimera announced the declaration of its third quarter cash dividend of $0.23 per share of common stock. NEW YORK–(BUSINESS WIRE)–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. Chimera Investment Corporation finances its operations through secured pools of residential and commercial mortgage loans and by leveraging other real estate-related securities as well. The strategy not only provides a stable source of financing but also provides the flexibility to enhance returns or mitigate risk as necessary.
Chimera Investment’s stock is owned by many different institutional and retail investors. The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023. One risk of Chimera Investment Corporation is its exposure to US credit risk retention rules. These rules limit the company’s ability to sell or hedge a large portion of its RMBS portfolio which means it may have to hold some assets it would otherwise sell. In regard to portfolio diversification, RMBS historically make up about 11% of the portfolio while securitized loans comprise 80% to 90% of total holdings.
NEW YORK–(BUSINESS WIRE)–The Board of Directors of Chimera Investment Corporation announced the declaration of its third quarter cash dividend of $0.18 per common share. 2 Wall Street equities research analysts have issued “buy,” “hold,” and “sell” ratings for Chimera Investment in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should “moderate buy” CIM shares.