1.29%
5.83%
-0.67%
4.49%
1.50%
-65.27%
-76.76%
AI Spotlight on CIM
Company Description
Chimera Investment Corporation operates as a real estate investment trust (REIT) in the United States.The company, through its subsidiaries, invests in a portfolio of mortgage assets, including residential mortgage loans, agency and non-agency residential mortgage-backed securities, agency mortgage-backed securities secured by pools of residential, commercial mortgage loans, and other real estate related securities.It has elected to be taxed as a REIT.
In addition, the company invests in investment, non-investment grade, and non-rated classes.The company was incorporated in 2007 and is based in New York, New York.
Market Data
| Last Price | 14.89 |
| Change Percentage | 1.29% |
| Open | 14.71 |
| Previous Close | 14.7 |
| Market Cap ( Millions) | 1204 |
| Volume | 799903 |
| Year High | 16.89 |
| Year Low | 11.29 |
| M A 50 | 14.49 |
| M A 200 | 14.3 |
Financial Ratios
| FCF Yield | 16.53% |
| Dividend Yield | 9.54% |
| ROE | 13.35% |
| Debt / Equity | 392.71% |
| Net Debt / EBIDTA | 1634.23% |
| Price To Book | 0.44 |
| Price Earnings Ratio | 3.41 |
| Price To FCF | 6.05 |
| Price To sales | 1.71 |
| EV / EBITDA | 18.19 |
News
- Jan -23 - Past Time To Take Gains On These Big Yielders
- Jan -15 - High Yield REITs Whacked By Higher Rates
- Jan -15 - BTQ Technologies Acquires Cutting-Edge Computing-in-Memory Intellectual Property from Cimtech Technology Co.
- Dec -19 - Chimera Declares Fourth Quarter 2024 Common Stock Dividend
- Dec -13 - Huge Yields, Brief Notes
- Dec -07 - A Preferred Share Worth Scrutinizing From Chimera
- Dec -03 - Preferred Stock Of Chimera Is Reasonably Valued, Despite Its Outsized Return
- Dec -03 - Chimera Investment Corporation Completes Acquisition of Palisades Group
- Nov -26 - Select High Yield Preferreds Remain Opportunistically Priced
- Nov -10 - A Decisive Realignment
- Nov -08 - Chimera Investment: Turnaround In Progress
- Nov -06 - Chimera Appoints New Independent Board Member Cynthia B. Walsh
- Nov -06 - Chimera Investment Corporation (CIM) Q3 2024 Earnings Call Transcript
- Nov -06 - Chimera Investment (CIM) Q3 Earnings and Revenues Miss Estimates
- Nov -06 - CHIMERA INVESTMENT CORPORATION REPORTS 3RD QUARTER 2024 EARNINGS
- Nov -06 - Chimera Declares Fourth Quarter 2024 Preferred Stock Dividends
- Oct -22 - Encouraging Signs For Mortgage REITs
- Oct -17 - Chimera Investment Corporation (NYSE: CIM) (“Chimera”) Announces Definitive Agreement to Acquire Palisades Group
- Oct -16 - These 15 Stocks Are Among the Top Dividend Payers in the Russell 2000
- Oct -14 - Chimera: 10% Yield, 2 Dividend Hikes, 29% BV Discount
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Real Estate Investment Trust
Expected Growth : 7.5 %
What the company do ?
Chimera Investment Corporation's Real Estate Investment Trust (REIT) invests in mortgage-backed securities, providing a diversified portfolio of residential and commercial mortgage assets.
Why we expect these perspectives ?
Chimera Investment Corporation's diversified portfolio of residential and commercial mortgage-backed securities is poised for growth, driven by increasing demand for housing and commercial properties, low interest rates, and a strong economy.
Chimera Investment Corporation Products
| Product Range | What is it ? |
|---|---|
| Real Estate Investment Trusts (REITs) | Chimera Investment Corporation offers a diversified portfolio of REITs, providing investors with a stable source of income and potential long-term capital appreciation. |
| Mortgage-Backed Securities (MBS) | Chimera Investment Corporation originates and invests in MBS, providing investors with a stable source of income and potential capital appreciation. |
| Non-Agency Residential Mortgage-Backed Securities (RMBS) | Chimera Investment Corporation invests in non-agency RMBS, providing investors with a higher yield potential compared to agency MBS. |
| Commercial Mortgage-Backed Securities (CMBS) | Chimera Investment Corporation originates and invests in CMBS, providing investors with a stable source of income and potential capital appreciation. |
| Asset Management Services | Chimera Investment Corporation offers asset management services to institutional investors, providing customized investment solutions and portfolio management expertise. |
Chimera Investment Corporation's Porter Forces
Threat Of Substitutes
Chimera Investment Corporation operates in a highly competitive industry, but the threat of substitutes is mitigated by the company's strong brand recognition and customer loyalty.
Bargaining Power Of Customers
Chimera Investment Corporation's customers have significant bargaining power due to the availability of alternative investment options and the company's dependence on a few large clients.
Bargaining Power Of Suppliers
Chimera Investment Corporation has a diverse supplier base, and the company's scale and bargaining power enable it to negotiate favorable terms with its suppliers.
Threat Of New Entrants
While there are barriers to entry in the investment industry, new entrants can still pose a threat to Chimera Investment Corporation's market share, particularly if they offer innovative products or services.
Intensity Of Rivalry
The investment industry is highly competitive, and Chimera Investment Corporation faces intense rivalry from established players and new entrants, which can lead to pricing pressure and reduced market share.
Strength
Weaknesses
Opportunities
Threats
Capital Structure
| Value | |
|---|---|
| Debt Weight | 79.80% |
| Debt Cost | 5.04% |
| Equity Weight | 20.20% |
| Equity Cost | 12.61% |
| WACC | 6.57% |
| Leverage | 395.05% |
Chimera Investment Corporation : Quality Control
Chimera Investment Corporation passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| ACRE | Ares Commercial Real Estate Corporation, a specialty finance company, originates and invests in commercial real estate (CRE) loans and related investments in the United States. The company provides a range … |
| TRTX | TPG RE Finance Trust, Inc., a commercial real estate finance company, originates, acquires, and manages commercial mortgage loans and other commercial real estate-related debt instruments in the United States. It … |
| CMTG | Claros Mortgage Trust, Inc. is a real estate investment trust that focuses primarily on originating senior and subordinate loans on transitional commercial real estate assets located in principal markets across … |
| AJX | Great Ajax Corp., real estate company, acquires, invests in, and manages a portfolio of residential mortgage and small balance commercial mortgage loans. The company also holds real estate owned properties … |
| NYMT | New York Mortgage Trust, Inc. acquires, invests in, finances, and manages mortgage-related single-family and multi-family residential assets in the United States. Its targeted investments include residential loans, second mortgages, and … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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TPG RE Finance Trust
A-Score
1-Year Total Return ->
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Chimera Investment
A-Score
1-Year Total Return ->
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Ares Commercial Real Estate
A-Score
1-Year Total Return ->
4
Great Ajax
A-Score
1-Year Total Return ->
5
New York Mortgage Trust
A-Score
1-Year Total Return ->
6
