Chimera Investment Corporation

Chimera Investment Corporation

CIMยทNYSE

$13.14

-3.0%
Real EstateREIT - Mortgage

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.

At a Glance

Live Snapshot
Market Cap$1.10B
EPS2.8000
P/E Ratio4.69
Earnings Date07/30/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

High confidence

Valuation multiple is compressed (P/E 4.7).

Valuation inputs: P/E 4.7, earnings yield +21.3%, momentum -3.0%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE +9.0%, ROIC +4.8%).

Profitability stack: net margin +28.1%, ROE +9.0%, ROIC +4.8%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +83.7%, momentum -3.0%, net margin +28.1%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

cim

Chimera Investment Corporation Market vs Earnings Trajectory

CIM ยท NYSE

Loading price and EPS data...

Chimera Investment Corporation

Chimera Investment Corporation Fair Value Envelope

CIM ยท NYSE

Our analysis suggests that CIM has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $13.14, this represents a potential HIDDEN relative to our calculated worth for Chimera Investment Corporation.

Intrinsic Value
Current Price: $13.14
3Y-228.0%
5Y+567.0%
10Y-5.0%
3Y-298.0%
5Y+263.0%
10Y+34.0%
3Y-145.0%
5Y+159.0%
10Y-58.0%
3Y-176.0%
5Y-197.0%
10Y-145.0%
3Y-176.0%
5Y-197.0%
10Y-145.0%
3Y+18.0%
5Y-10.0%
10Y-5.0%
Chimera Investment Corporation

Chimera Investment Corporation Profit Bridge

CIM ยท NYSE
Revenue820.77M
Cost of Goods Sold (42.10M)
Gross Profit778.67M
Operating Expenses (14.01M)
Operating Income764.65M
Interest Expense (554.92M)
Other Income/Expense-531.89M
Pretax Income232.77M
Income Tax (2.27M)
Net Income230.50M
Net Income
230.50M

Profitability Analysis

Gross Margin

94.9%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

93.2%

Outstanding operational efficiency. The company generates substantial profit from core operations.

Net Profit Margin

28.1%

Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.

Effective Tax Rate

1.0%

Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.

Profitability Insight

Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.

94.87%
Gross Profit Margin
-5%
3Y-5.0%
5Y-5.0%
10Y+3.0%
93.16%
Operating Profit Margin
3Y-
5Y-
10Y-36.0%
28.08%
Net Profit Margin
-59%
3Y-77.0%
5Y-28.0%
10Y-69.0%
8.96%
Return on Equity
29%
3Y-147.0%
5Y+281.0%
10Y-49.0%
1.46%
Return on Assets
9%
3Y-138.0%
5Y+188.0%
10Y-56.0%
4.79%
Return on Invested Capital
3Y-
5Y-
10Y-45.0%
CIM

Chimera Investment Corporation Cash Conversion Engine

CIM ยท NYSE
Net Income266.42M
Depreciation & Amortization7.18M
Stock-Based Compensation56.70M
Change in Working Capital12.04M
Others-593.49M
Capital Expenditures0.00
Free Cash Flow-248.88M

Cash Flow Quality Analysis

FCF Conversion Rate

-93.4%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

FCF Growth Trend

-221.0%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

+$12.04M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Cash flow concerns: Despite profitability, the company is burning cash. Review working capital management, CapEx levels, and sustainability of current operations.

cim

Chimera Investment Corporation Funding & Solvency Profile

CIM ยท NYSE
Cash & Cash Equivalents476.22M
Net Receivables116.14M
Inventory0.00
Other Current Assets0.00
Total Current Assets592 M
Property, Plant & Equipment0.00
Goodwill & Intangible Assets0.00
Long-Term Investments0.00
Other Non-Current Assets0.00
Total Non-Current Assets0
Total Assets
15.98B

Financial Health Analysis

Debt-to-Equity Ratio

5.49x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

592 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

4% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

cim

Chimera Investment Corporation Street Expectations Map

CIM ยท NYSE

Wall Street analysts project that CIM stock may see slight declines over the coming 12 months. The consensus 1-year price target stands at 13.00, with estimates ranging from a low of 13.00 to a high of 13.00.

Lowest Target
13.00
-1.07%
Consensus Target
13.00
-1.07%
Highest Target
13.00
-1.07%

The consensus 1-year price target stands at 13.00, with estimates ranging from a low of 13.00 to a high of 13.00.

Analyst Consensus Analysis

Upside Potential

-1.1%

Fair value territory. Stock trading near consensus target suggests limited near-term catalysts. Focus on fundamental developments.

Analyst Agreement

0.0% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Risk-Reward Profile

1.00x

Balanced risk-reward. Upside and downside potential relatively symmetric. Suitable for moderate risk tolerance with conviction in thesis.

Analyst Conviction

Moderate

Neutral sentiment. Fair value pricing with moderate agreement suggests wait-and-see approach or catalyst-driven opportunity.

Market Sentiment Insight

Efficient pricing: Stock trading at fair value with strong consensus suggests market has priced in expectations. Look for fundamental inflection points or new catalysts to drive meaningful moves.

cim

Chimera Investment Corporation Insider Positioning

CIM ยท NYSE

During the last 12 months, there has been no insider trading activity reported for CIM.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

No buying activity

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Neutral

No insider trading activity reported. This could indicate blackout periods, lack of conviction, or regulatory restrictions.

Insider Participation

No Activity

No insider trading activity reported from any insiders in the past year.

2.01%
Dividend Yield
-6%
3Y+8.0%
5Y+100.0%
10Y+97.0%
ย 

cim Dividend History

CIM
10Y CAGR 11%
Latest $0.45
Annual $1.93
Dividend growth trend
Last Period: +22%