CIM Stock Recent News

NEW YORK--(BUSINESS WIRE)--The Board of Directors of Chimera Investment Corporation announced the declaration of its first quarter cash dividend of $0.37 per common share. The dividend is payable on April 30, 2025 to common stockholders of record on March 31, 2025. The ex-dividend date is March 31, 2025. About Chimera Investment Corporation Chimera is a publicly traded real estate investment trust, or REIT, that is primarily engaged in the business of investing for itself and for unrelated thir.

Agency mortgage REITs are achieving exceptional price-to-book ratios. You want a high dividend yield? Great. But don't pay a huge premium in the share price. It's a great time for investors to capture some gains in this sector.

Chimera Investment Corporation had mixed results for Q4, showing a net income loss, however covering the dividend. The market price is higher than book value, reflecting negative investor sentiment created by a history of dividend cuts. Acquisition of the Palisades Group provides future catalysts for income and stabilization of the portfolio.

Yield to maturity is crucial in baby bond analysis. Yield to call can also be relevant when call risk is more relevant. We're starting with a hypothetical for demonstrating a key point, then we'll look at two baby bonds as they are trading today. Market inefficiencies can arise from liquidity issues, creating trading opportunities between similar preferred shares or baby bonds.

In Part 2 of our Earnings Recap, we present a sector-by-sector breakdown of the Winners of REIT Earnings Season, discussing incremental positives/negatives and noting the individual standouts. Healthcare REITs were the leaders this earnings season, with results showing robust momentum in senior housing fundamentals, while tenant operator issues improved across other healthcare sub-sectors. Results from Net Lease, Casino, and Residential Mortgage REITs - several of the most rate-sensitive sectors - were also surprisingly steady despite the interest rate turbulence in late 2024.

LOS ANGELES--(BUSINESS WIRE)--CIM Group closes $15.6 M loan to Ad Astra Capital for acquisition of Hilton Garden Inn Casper, in Casper, Wyoming.

Chimera Investment Corporation (CIM) Q4 2024 Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--In the first bullet of the "Financial Highlights(1)" section, the figure should read, "$2.07" (instead of "$2.04"). In the "GAAP measures of net income and net income per diluted share available to common stockholders" table, the line that reads, "GAAP net income (loss) per diluted common share" under "December 31, 2024" the number should read, "$2.07" (instead of "2.04"). The multimedia file has been updated. The updated release reads: CHIMERA INVESTMENT CORPORATION.

Chimera Investment (CIM) came out with quarterly earnings of $0.37 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.39 per share a year ago.

NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE:CIM) today announced its financial results for the fourth quarter and full year ended December 31, 2024. Financial Highlights(1): 4TH QUARTER GAAP NET LOSS OF $2.04 PER DILUTED COMMON SHARE 4TH QUARTER EARNINGS AVAILABLE FOR DISTRIBUTION(2) OF $0.37 PER DILUTED COMMON SHARE FULL YEAR GAAP NET INCOME OF $90 MILLION, OR $1.10 PER DILUTED COMMON SHARE FULL YEAR EARNINGS AVAILABLE FOR DISTRIBUTION(1) OF $121 MILLION, OR $1.48 PER DILUT.