CIM - Chimera Investment Corporation
Chimera Investment Corporation (NYSE: CIM - Get Free Report)'s share price reached a new 52-week low during trading on Monday. The stock traded as low as $8.76 and last traded at $8.7250, with a volume of 78,911 shares traded. The stock had previously closed at $8.96. Analysts Set New Price Targets Several equities analysts have weighed
Chimera Investment Corporation (NYSE: CIM - Get Free Report) hit a new 52-week low during trading on Monday. The company traded as low as $9.12 and last traded at $9.2250, with a volume of 70279 shares. The stock had previously closed at $9.26. Wall Street Analysts Forecast Growth CIM has been the topic of a number
Chimera Investment Corporation (NYSE: CIM - Get Free Report) gapped down prior to trading on Wednesday. The stock had previously closed at $10.20, but opened at $9.84. Chimera Investment shares last traded at $9.8550, with a volume of 164,202 shares trading hands. Analyst Upgrades and Downgrades Several research analysts have commented on the company. Wall Street
Chimera Investment Corporation offers a diversified capital structure with a significant portion in residential mortgage loans and agency RMBS. CIM's fixed-to-floating preferred stocks, trading below par with yields above 10.2%-10.8%, now present a superior risk-reward profile versus baby bonds. Leverage has increased to 3.3x, raising risk, but CIM maintains a solid credit buffer and stable portfolio fundamentals.
Chimera Investment Corporation preferred C shares offer a 10.39% floating yield, trading at 97.8% of our buy target. CIM-C presents a more attractive valuation and higher yield than CIM-A, despite both carrying a risk rating of 4. CIM-A trades above our buy target and offers a lower yield (9.74%), making it less compelling versus CIM-C for income-focused investors.
NEW YORK--(BUSINESS WIRE)--The Board of Directors of Chimera Investment Corporation (“Chimera”) has declared its third quarter cash dividend of $0.45 per common share, consistent with dividends for the first and second quarters of 2026 and in line with the Board's previously stated expectation to maintain the $0.45 quarterly dividend throughout 2026. The dividend is payable on October 30, 2026 to common shareholders of record on September 30, 2026. The ex-dividend date is September 30, 2026. Ab.
Chimera Investment Corporation offers four cumulative preferreds, each with distinct coupon structures and call features for yield-seeking investors. CIM-B currently provides the highest yield among the preferreds at 10.4%, likely due to its position in the call sequence and floating rate add-on. None of the preferreds offer official call protection, and CIM has no history of calling its preferreds, impacting yield and call risk assessments.
Chimera Investment Corporation (CIM) preferred share CIM-A is significantly overpriced, trading at 110.7% of the buy target despite a 9.27% stripped yield. CIM-B offers superior value with a 10.24% stripped yield, trading near its buy target and providing better income for similar risk. The fixed-rate feature of CIM-A is not worth the current premium, especially with alternative fixed-rate securities available at more attractive valuations.
59% Increase in Inferred Resources 13% Increase in Indicated Resources Highlights of Latest Mineral Resource Estimate 5.06 million inferred ounces gold at 0.87 grams per tonne gold and 1.14 million indicated ounces gold at 0.95 grams per tonne gold using a long-term gold price of US$3,600/oz (see Table 1 and Note 1) Resource Sensitivities at US$4,600/oz gold yield 5.40 million inferred ounces at 0.85 grams per tonne gold and 1.20 million indicated ounces at 0.93 grams per tonne gold New Higher-Grade Gold resources defined at 826 Zone Drilling continues; Environmental Baseline work continues TORONTO, Aug. 18, 2026 (GLOBE NEWSWIRE) -- McFarlane Lake Mining Limited (CSE: MLM) (OTCQB: MLMLF) (“McFarlane Lake” or the “Company” or “McFarlane”), a Canadian gold exploration and development company, is pleased to announce an updated Mineral Resource Estimate (“MRE”) on its Juby Gold project (or “Juby”) located approximately 15 kilometres (“km”) west of Gowganda, Ontario, and approximately 90 km west of Temiskaming Shores, Ontario. This MRE has been classified in accordance with CIM Definition Standards on Mineral Resources and Mineral Reserves (CIM, 2014) and follows the CIM Estimation of Mineral Resources and Mineral Reserves Best Practice Guidelines (CIM, 2019).
Chimera Investment Corporation trades at a large 32% discount to book value, offering a compelling entry for high-yield investors. CIM increased its dividend by 22% in Q1'26, fully supported by earnings available for distribution with a 102% coverage ratio in Q2. Despite strong dividend and portfolio growth, CIM's book value discount persists due to market skepticism about near-term rate cuts.
Chimera Investment NYSE: CIM reported second-quarter 2026 earnings available for distribution, or EAD, of $39 million, or $0.46 per share, as the company continued to reposition its investment portfolio toward agency mortgage-backed securities and residential credit opportunities.
Chimera Investment Corporation (CIM) Q2 2026 Earnings Call Transcript
NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE: CIM) today announced its financial results for the second quarter ended June 30, 2026. Executive Summary: Metric Value Q2 2026 GAAP Net Income (Loss) $(4) million, or $(0.05) per diluted common share Earnings available for distribution (1) $39 million, or $0.46 per diluted common share GAAP Book Value per common share $17.75 per common share Economic Return (2) (0.76)% (1) Earnings available for distribution per adjusted dilut.
NEW YORK--(BUSINESS WIRE)--The Board of Directors of Chimera Investment Corporation (“Chimera”) announced the declaration of its third quarter cash dividend of $0.50 per share of 8.00% Series A Cumulative Redeemable Preferred Stock. The dividend is payable September 30, 2026 to preferred shareholders of record on September 1, 2026. The ex-dividend date is September 1, 2026. The Board of Directors of Chimera also announced the declaration of its third quarter cash dividend of $0.6111 per share o.
Caxton Associates LLP lessened its position in Chimera Investment Corporation (NYSE: CIM) by 43.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 70,068 shares of the real estate investment trust's stock after selling 52,762 shares during the quarter. Caxton
Chimera Investment Corporation (NYSE: CIM) announced today that it will release financial results for the second quarter ended June 30, 2026, before the market
NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE: CIM) announced today that it will release financial results for the second quarter ended June 30, 2026, before the market opens on Wednesday, August 5, 2026. The company will host a conference call and live webcast to discuss the results at 8:30 A.M. ET the same day. Conference Call Details U.S. Toll Free: (866) 604-1613 International: (201) 689-7810 Webcast: https://www.chimerareit.com/news-events/ir-calendar Replay Information U.
Chimera Investment Corporation preferred shares present recurring opportunities through disciplined relative value trading rather than passive buy-and-hold strategies. CIM-B (CIM.PR.B) is currently rated a buy, while CIM-D (CIM.PR.D) and CIM-C (CIM.PR.C) are holds, pending more attractive entry points. Active monitoring and timely swaps between similar preferreds have consistently delivered outperformance, capitalizing on valuation gaps rather than fundamental changes.
LOS ANGELES--(BUSINESS WIRE)--CIM Group's Permanent Power Company closed an approx $600 M construction financing facility for solar and energy storage project in CA (“Grape”).
Karta grew 10x in 2025, with revenue and total payment volume (“TPV”) up another 4x quarter-over-quarter in Q1 2026 alone and a target of $1.2B in annualized TPV by year-end Karta grew 10x in 2025, with revenue and total payment volume (“TPV”) up another 4x quarter-over-quarter in Q1 2026 alone and a target of $1.2B in annualized TPV by year-end