CIM

Chimera Investment Corporation [CIM] Stock Forecast

Q: What is Chimera Investment Corporation stock symbol ?

Chimera Investment Corporation is a US stock, located in New york of Ny and trading under the symbol CIM

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CIM Stock Summary

Has a high level of debt. Debt-to-Equity ratio of 4.19 is considered high.

Earnings are expected to fall -0.51% next year

EPS has been decreasing for the past 3 quarters (Quarter statements)

CIM's dividend payments have fallen since the beginning of the year

CIM's dividend payments are not well covered by cash flows due to its high cash payout ratio (4438.06%).

CIM has less than 1 year of cash runway

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In the News

05:29 26 Sep 2023 CIM

The Preferred Share Dilemma Chimera Created For Themselves

Chimera Investment Corporation is considering whether to keep CIM-B as a fixed-rate dividend or allow it to float as originally intended. The company previously stated that the LIBOR rate payable on their preferred shares was already replaced with SOFR by operation of law. The company's financial statements stated unequivocally that series B, C, and D would float. These statements were filed with the SEC a month after SOFR replaced LIBOR.

01:31 26 Sep 2023 CIM

My 3 Top High Dividend Yield Picks (8-11% Yields)

High-yield investments come with a certain degree of controversy. You're either getting a high yield because of high risk, or because of certain biases from the investment community. Here are 3 top high-yield investment ideas.

09:45 26 Sep 2023 CIM

Chimera Investment (CIM) Misses Q2 Earnings and Revenue Estimates

Chimera Investment (CIM) came out with quarterly earnings of $0.12 per share, missing the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.31 per share a year ago.

11:03 26 Sep 2023 CIM

Chimera: Avoid This Habitual Dividend Cutter

Chimera has consistently experienced substantial capital destruction, losing over 90% of its value since 2009 despite various market conditions. The allure of the company's high dividend yield, currently around 10%, has attracted income-seeking investors, but the unsustainable dividend policy leads to repeated cuts, resulting in further stock price declines. The heavy use of leverage and inadequate hedging practices make Chimera vulnerable to market fluctuations, making it a risky investment choice for long-term investors.

04:30 26 Sep 2023 CIM

Chimera Investment Corporation Announces Date of Second Quarter 2023 Financial Results and Conference Call

NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE: CIM) (the "Company") announced today that it plans to release its financial results for the second quarter ended June 30, 2023 on Thursday, August 3, 2023 prior to 7:00 a.m. EDT. The Company will conduct a conference call and audio webcast to discuss the results on Thursday, August 3, 2023 at 8:30 a.m. EDT. Call-in Number: U.S. Toll Free (888) 437-3179 International (862) 298-0702 Webcast https://www.chimerareit.com/news-events/.

12:33 26 Sep 2023 CIM

Chimera Investment Preferreds: Looking Back A Year To See Profit A Year Forward

Fixed-to-floating rate mREIT preferreds offer potential value as their market share price has moved opposite to their contracted earnings power. Chimera Investment Corporation's preferred issues, CIM.PB, CIM.PC, and CIM.PD, can be purchased for going-in dividend yields above 10%. At conversion on 03/30/2024, CIM.PB and CIM.PD will offer yields above 14% as measured against today's share prices, with potential for 30% capital appreciation.

12:26 26 Sep 2023 CIM

Isabella Rossellini graces Cannes for Italian grave robber drama 'La Chimera'

Film legend Isabella Rossellini graced the Cannes Film Festival's red carpet on Friday for the premiere of Italian drama "La Chimera," director Alice Rohrwacher's third attempt to take home the top prize against 20 other competitors this year.

03:36 26 Sep 2023 CIM

Chimera Investment: The 19% Yield Will Likely Be Cut Soon

Chimera just reported a big miss on net interest income for its fiscal 2023 first quarter. GAAP book value at $7.41 per share fell from $10.15 in the year-ago comp.

06:00 26 Sep 2023 CIM

3 Lesser-Known REITs With Impressive Dividend Yields

A real estate investment trust (REIT) is a company that owns, operates or finances real estate that generates income through mortgages, leases, rents and interest payments. Following a structure similar to mutual funds, REITs pool the capital of many different investors.

11:07 26 Sep 2023 CIM

Chimera Investment Corporation (CIM) Q1 2023 Earnings Call Transcript

Chimera Investment Corporation (NYSE:CIM ) Q1 2023 Results Conference Call May 4, 2023 8:30 AM ET Company Participants Victor Falvo - Head, Capital Markets Phil Kardis - CEO Choudhary Yarlagadda - President and Co-CIO Dan Thakkar - Co-CIO Subra Viswanathan - CFO Conference Call Participants Doug Harter - Credit Suisse Trevor Cranston - JMP Securities Bose George - KBW Operator Good day, ladies and gentlemen and welcome to the Chimera Investment Corporation First Quarter 2023 Earnings Call. All lines have been placed on a listen-only mode and the floor will be open for your questions and comments following the presentation.

CIM Financial details

Company Rating

Buy

Market Cap

1.32B

Income

4.45M

Revenue

306.88M

Book val./share

11.14

Cash/share

0.87

Dividend

0.87

Dividend %

14.95%

Employees

Optionable

Shortable

Yes

Earnings

01 Nov 2023

P/E

303.28

Forward P/E

PEG

-26.49

P/S

4.3

P/B

0.52

P/C

6.62

P/FCF

6.46

Quick Ratio

4.14

Current Ratio

4.14

Debt / Equity

4.19

LT Debt / Equity

4.19

EPS (TTM)

-0.37

EPS next Y

EPS next Q

EPS this Y

-185.88%

EPS next Y

EPS next 5Y

-521.62%

EPS last 5Y

NAN%

Revenue last 5Y

-0.9%

Revenue Q/Q

-13.81%

EPS Q/Q

-52.94%

SMA20

SMA50

SMA100

20%

Inst Own

48.45%

Inst Trans

1.02%

ROA

ROE

ROC

0.02%

Gross Margin

107%

Oper. Margin

78%

Profit Margin

Payout

7044%

Shs Outstand

226.75M

Shs Float

225.42M

Target Price

7.25

52W Range

4.48-7.81

52W High

-17.72%

52W Low

+44%

RSI

Rel Volume

0.67

Avg Volume

1.96M

Volume

1.31M

Perf Week

-5.26%

Perf Month

1.23%

Perf Quarter

3.41%

Perf Half Y

6.08%

Beta

1.6269

Volatility

0.16%, 0.2%

Prev Close

-1.03%

Price

5.7599

Change

0.7%

CIM Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2022-12-31

Metric	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Revenue per share	2.42	2.62	1.07	4.52	1.85
Net income per share	2.2	2.21	0.42	2.87	-2.19
Operating cash flow per share	1.59	0.35	1.21	2.22	1.39
Free cash flow per share	1.59	0.35	1.21	2.22	1.39
Cash per share	0.25	0.59	1.26	1.65	49.69
Book value per share	19.79	21.12	17.74	15.98	11.4
Tangible book value per share	19.79	21.12	17.74	15.98	11.4
Share holders equity per share	19.79	21.12	17.74	15.98	11.4
Interest debt per share	124.63	120.22	65.87	48.78	46.8
Market cap	3.33B	3.85B	2.18B	3.53B	1.29B
Enterprise value	25.93B	25.48B	15.43B	14.22B	11.64B
P/E ratio	8.1	9.3	24.57	5.26	-2.51
Price to sales ratio	7.37	7.84	9.54	3.34	2.97
POCF ratio	11.21	59.17	8.47	6.79	3.95
PFCF ratio	11.21	59.17	8.47	6.79	3.95
P/B Ratio	0.9	0.97	0.58	0.94	0.48
PTB ratio	0.9	0.97	0.58	0.94	0.48
EV to sales	57.28	51.91	67.42	13.45	26.89
Enterprise value over EBITDA	23.77	61.58	173.32	21.07	-60.67
EV to operating cash flow	87.15	391.76	59.82	27.38	35.72
EV to free cash flow	87.15	391.76	59.82	27.38	35.72
Earnings yield	0.12	0.11	0.04	0.19	-0.4
Free cash flow yield	0.09	0.02	0.12	0.15	0.25
Debt to equity	6.11	5.5	3.58	2.96	3.98
Debt to assets	0.82	0.8	0.77	0.72	0.79
Net debt to EBITDA	20.72	52.28	148.79	15.85	-53.96
Current ratio	0	9.64	7.5	14.23	246.99
Interest coverage	1.61	0.55	0.17	2.07	-0.76
Income quality	0.72	0.16	2.9	0.77	-0.63
Dividend Yield	0.13	0.12	0.18	0.11	0.28
Payout ratio	1.01	1.08	4.46	0.56	-0.7
Sales general and administrative to revenue	0.13	0.15	0.31	0.07	0.17
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0	0	0	0	0
Capex to operating cash flow	0	0	0	0	0
Capex to revenue	0	0	0	0	0
Capex to depreciation	0	0	0	0	0
Stock based compensation to revenue	0.02	0.02	0.02	0.01	0.02
Graham number	31.3	32.41	12.91	32.11	23.72
ROIC	0.04	0.02	0.01	0.05	-0.02
Return on tangible assets	0.01	0.02	0.01	0.04	-0.04
Graham Net	-127.52	-120.93	-62.98	-48.05	4
Working capital	-15.34B	602.76M	303.58M	423.26M	11.64B
Tangible asset value	3.7B	3.95B	3.78B	3.74B	2.67B
Net current asset value	-23.96B	-22.49B	-13.39B	-11.22B	950.42M
Invested capital	6.11	5.5	3.58	2.96	3.98
Average receivables	112.12M	343.05M	321.9M	75.34M	65.64M
Average payables	102.98M	98.32M	58.22M	39.33M	39.65M
Average inventory	0	0	0	0	0
Days sales outstanding	99.52	418.44	129.45	24	52.09
Days payables outstanding	0	0	0	0	0
Days of inventory on hand	0	0	0	0	0
Receivables turnover	3.67	0.87	2.82	15.21	7.01
Payables turnover	0	0	0	0	0
Inventory turnover	0	0	0	0	0
ROE	0.11	0.1	0.02	0.18	-0.19
Capex per share	0	0	0	0	0

Quarterly Fundamentals Overview

Last date of statement is 2023-06-30 for Q2

Metric	2022-06-30	2022-09-30	2022-12-31	2023-03-31	2023-06-30
Revenue per share	0.48	0.46	0.33	0.29	0.25
Net income per share	-0.69	-0.8	0.42	0.25	0.16
Operating cash flow per share	0.52	0.18	0.11	0.13	0.46
Free cash flow per share	0.52	0.18	0.11	0.13	0.46
Cash per share	51.22	50.89	49.69	1	0.87
Book value per share	12.63	11.45	11.4	11.42	11.14
Tangible book value per share	12.63	11.45	11.4	11.42	11.14
Share holders equity per share	12.63	11.45	11.4	11.42	11.14
Interest debt per share	46.71	44.61	45.83	46.98	47.21
Market cap	2.08B	1.21B	1.29B	1.31B	1.34B
Enterprise value	12.83B	11.38B	11.64B	11.86B	11.94B
P/E ratio	-3.22	-1.62	3.31	5.7	9.28
Price to sales ratio	18.47	11.37	16.81	19.65	23.29
POCF ratio	16.91	29.77	48.67	42.98	12.51
PFCF ratio	16.91	29.77	48.67	42.98	12.51
P/B Ratio	0.7	0.46	0.48	0.49	0.52
PTB ratio	0.7	0.46	0.48	0.49	0.52
EV to sales	114.15	106.97	151.98	178.1	208.11
Enterprise value over EBITDA	-442.76	-216.81	132.15	66.99	331.23
EV to operating cash flow	104.53	280.05	440.18	389.49	111.78
EV to free cash flow	104.53	280.05	440.18	389.49	111.78
Earnings yield	-0.08	-0.15	0.08	0.04	0.03
Free cash flow yield	0.06	0.03	0.02	0.02	0.08
Debt to equity	3.67	3.86	3.98	4.07	4.19
Debt to assets	0.78	0.75	0.79	0.76	0.8
Net debt to EBITDA	-371.14	-193.76	117.54	59.6	294.16
Current ratio	244.07	226.27	246.99	6.09	4.14
Interest coverage	-1.05	-1.45	1.39	1.48	0.27
Income quality	-0.76	-0.22	0.27	0.53	2.97
Dividend Yield	0.05	0.08	0.06	0.06	0.05
Payout ratio	-0.6	-0.51	0.74	1.28	2
Sales general and administrative to revenue	0.13	0.14	0.33	0.24	0.25
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0	0	0	0	0
Capex to operating cash flow	0	0	0	0	0
Capex to revenue	0	0	0	0	0
Capex to depreciation	0	0	0	0	0
Stock based compensation to revenue	0.01	0.02	0.05	0.04	0.03
Graham number	13.96	14.39	10.32	7.97	6.24
ROIC	-0.01	-0.01	0.01	0.01	0
Return on tangible assets	-0.01	-0.01	0.01	0	0
Graham Net	4.44	3.63	4	-48.57	-46.09
Working capital	12.07B	11.81B	11.64B	255.26M	206.39M
Tangible asset value	2.97B	2.65B	2.67B	2.65B	2.58B
Net current asset value	1.06B	847.25M	950.42M	-11.25B	-10.66B
Invested capital	3.67	3.86	3.98	4.07	4.19
Average receivables	71.31M	76.82M	72.61M	67.4M	72.15M
Average payables	44.5M	51.05M	49.87M	48.73M	57.99M
Average inventory	0	0	0	0	0
Days sales outstanding	56.21	70.6	72.61	98.72	111.81
Days payables outstanding	0	0	-80.66	-317.35	133.45
Days of inventory on hand	0	0	0	0	0
Receivables turnover	1.6	1.27	1.24	0.91	0.8
Payables turnover	0	0	-1.12	-0.28	0.67
Inventory turnover	0	0	0	0	0
ROE	-0.05	-0.07	0.04	0.02	0.01
Capex per share	0	0	0	0	0

CIM Dividend History

CIM Frequently Asked Questions

What is Chimera Investment Corporation stock symbol ?

Chimera Investment Corporation is a US stock , located in New york of Ny and trading under the symbol CIM

Is Chimera Investment Corporation buy or a sell ?

3 stock analysts have 3 predictions with a medium analyst target price of $8.5. The lowest prediction is $5.5 and the highest is $11

What is CIM stock prediction ?

What is Chimera Investment Corporation stock quote today ?

Chimera Investment Corporation stock price is $5.7599 today.

Is Chimera Investment Corporation stock public?

Yes, Chimera Investment Corporation is a publicly traded company.

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Company Profile

Volume Average 1.96M
Market Capitalization 1.32B
Employee 39
CEO Mr. Phillip John Kardis II, Esq.
Headquarters New York,NY,US
IPO Date 2007-11-29
Website https://www.chimerareit.com

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.