CIM Stock Recent News

Chimera Investment (CIM) came out with quarterly earnings of $0.13 per share, missing the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.39 per share a year ago.

NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE: CIM) (the "Company") announced today that it plans to release its financial results for the first quarter ended March 31, 2023 on Thursday, May 4, 2023 prior to 7:00 a.m. EDT. The Company will conduct a conference call and audio webcast to discuss the results on Thursday, May 4,2023 at 8:30 a.m. EDT. Call-in Number:   U.S. Toll Free   (866) 682-6100 International   (862) 298-0702 Webcast     https://www.chimerareit.

Chimera Investment: The Clouds Are Still Dark

Preferred Stock Of Chimera Offers An Attractive 10.0% Dividend Yield

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Chimera (CIM) delivered earnings and revenue surprises of -54.17% and 17.88%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Chimera Investment Corporation (NYSE:CIM ) Q4 2022 Earnings Conference Call February 15, 2023 8:30 AM ET Company Participants Victor Falvo - Head of Capital Markets Phillip Kardis - Chief Executive Officer Subra Viswanathan - Chief Financial Officer Conference Call Participants Mike Smyth - KBW Trevor Cranston - JMP Securities Lee Cooperman - Omega Family Office Operator Greetings, and welcome to the Chimera Investment Corporation Fourth Quarter 2022 Earnings Conference Call. At this time, all participants are on a listen-only mode.

Chimera slashed its dividend by 30% amid lower distributable earnings. The central bank is set to remain hawkish with respect to interest rates in 2023.

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, 2022 on Wednesday, February 15, 2023 prior to 7:00 a.m. EDT. The Company will conduct a conference call and audio webcast to discuss the results on Wednesday, February 15, 2023 at 8:30 a.m. EDT.

Chimera is under intense pressure from the current macroeconomic environment. This has seen its book value and net interest income decline versus its year-ago figures. The mREIT is still covering its latest quarterly dividend payout from its recently reported cash available for distribution.