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Chimera Investment Corporation CIM
Real Estate - REIT - Mortgage - NYSE - US
Watchlist
$ 10.91
-7.07 %
$ 883 M
Market Cap
9.92
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one CIM stock under the worst case scenario is HIDDEN Compared to the current market price of 10.9 USD, Chimera Investment Corporation is HIDDEN

CIM Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one CIM stock under the base case scenario is HIDDEN Compared to the current market price of 10.9 USD, Chimera Investment Corporation is HIDDEN

CIM Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one CIM stock under the best case scenario is HIDDEN Compared to the current market price of 10.9 USD, Chimera Investment Corporation is HIDDEN

CIM Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart CIM

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1M -22%
6M -34%
1Y -2%
3Y -101%
5Y -13%
All
$15.5$15.5$15.0$15.0$14.5$14.5$14.0$14.0$13.5$13.5$13.0$13.0$12.5$12.5$12.0$12.0$11.5$11.5$11.0$11.0$10.5$10.515 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
734 M REVENUE
224.83%
Growth Rates
1Year 224.83%
3Years -11.44%
5Years 8.39%
7Years 2.23%
10Years 2.48%
649 M OPERATING INCOME
2.65%
Growth Rates
1Year 2.65%
3Years -1.30%
5Years 9.41%
7Years -6.75%
10Years -1.27%
176 M NET INCOME
39.62%
Growth Rates
1Year 39.62%
3Years -35.95%
5Years -15.70%
7Years -14.44%
10Years -11.38%
206 M OPERATING CASH FLOW
-3.56%
Growth Rates
1Year -3.56%
3Years -26.56%
5Years 25.89%
7Years -11.59%
10Years 1.19%
178 M INVESTING CASH FLOW
-67.70%
Growth Rates
1Year -67.70%
3Years -58.80%
5Years -32.12%
7Years 10.73%
10Years 7.34%
-522 M FINANCING CASH FLOW
35.44%
Growth Rates
1Year 35.44%
3Years 43.88%
5Years 15.90%
7Years -1.89%
10Years -0.88%
192 M REVENUE
0.58%
Growth Rates
1Year 224.83%
3Years -11.44%
5Years 8.39%
7Years 2.23%
10Years 2.48%
-24.5 M OPERATING INCOME
-9.48%
Growth Rates
1Year 2.65%
3Years -1.30%
5Years 9.41%
7Years -6.75%
10Years -1.27%
-147 M NET INCOME
-107.37%
Growth Rates
1Year 39.62%
3Years -35.95%
5Years -15.70%
7Years -14.44%
10Years -11.38%
38 M OPERATING CASH FLOW
-8.37%
Growth Rates
1Year -3.56%
3Years -26.56%
5Years 25.89%
7Years -11.59%
10Years 1.19%
690 M INVESTING CASH FLOW
206.72%
Growth Rates
1Year -67.70%
3Years -58.80%
5Years -32.12%
7Years 10.73%
10Years 7.34%
-741 M FINANCING CASH FLOW
-137.25%
Growth Rates
1Year 35.44%
3Years 43.88%
5Years 15.90%
7Years -1.89%
10Years -0.88%
Balance Sheet Chimera Investment Corporation
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Current Assets 0
Cash & Short-Term Investments 84 M
Receivables 81.4 M
Other Current Assets -165 M
Non-Current Assets 0
Long-Term Investments 0
PP&E 0
Other Non-Current Assets 0
Infinity %Infinity %Total Assets$0.0
Current Liabilities 489 M
Accounts Payable 41.5 M
Short-Term Debt 0
Other Current Liabilities 448 M
Non-Current Liabilities 10 B
Long-Term Debt 10 B
Other Non-Current Liabilities 0
4.26 %95.34 %Total Liabilities$10.5b
EFFICIENCY
Earnings Waterfall Chimera Investment Corporation
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Revenue 734 M
Cost Of Revenue 27.4 M
Gross Profit 707 M
Operating Expenses 58.2 M
Operating Income 649 M
Other Expenses 473 M
Net Income 176 M
800m800m700m700m600m600m500m500m400m400m300m300m200m200m100m100m00734m(27m)707m(58m)649m(473m)176mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
96.27% GROSS MARGIN
96.27%
Averages
1Year 96.27%
3Years 89.93%
5Years 88.11%
7Years 88.58%
10Years 88.64%
88.34% OPERATING MARGIN
88.34%
Averages
1Year 88.34%
3Years 103.13%
5Years 82.42%
7Years 105.33%
10Years 120.89%
23.98% NET MARGIN
23.98%
Averages
1Year 23.98%
3Years -12.92%
5Years 12.69%
7Years 34.09%
10Years 48.90%
6.97% ROE
6.97%
Averages
1Year 6.97%
3Years -2.45%
5Years 2.59%
7Years 4.93%
10Years 7.51%
1.34% ROA
1.34%
Averages
1Year 1.34%
3Years -0.50%
5Years 0.67%
7Years 0.91%
10Years 1.38%
-132.60% ROIC
-132.60%
Averages
1Year -132.60%
3Years -28.15%
5Years -15.02%
7Years -16.54%
10Years -9.19%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Chimera Investment Corporation
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600m600m500m500m400m400m300m300m200m200m100m100m0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 176 M
Depreciation & Amortization 5.18 M
Capital Expenditures 0
Stock-Based Compensation 10.1 M
Change in Working Capital 0
Others -186 K
Free Cash Flow 206 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Chimera Investment Corporation
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Wall Street analysts predict an average 1-year price target for CIM of $8.5 , with forecasts ranging from a low of $5.5 to a high of $11 .
CIM Lowest Price Target Wall Street Target
5.5 USD -49.59%
CIM Average Price Target Wall Street Target
8.5 USD -22.09%
CIM Highest Price Target Wall Street Target
11 USD 0.82%
Price
Max Price Target
Min Price Target
Average Price Target
16161515141413131212111110109988776655May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
4.58% DIVIDEND YIELD
0.37 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
7.007.006.006.005.005.004.004.003.003.002.002.001.001.000.000.001.441.51.441.51.51.51.50.90.990.690.371.441.441.51.51.50.90.990.990.540.330.351.441.441.51.51.50.90.990.690.540.371.445.761.55.881.55.941.56.001.56.000.94.200.994.470.693.270.332.400.371.760.722015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 9
6. Ownership
Insider Ownership Chimera Investment Corporation
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
166 K USD 1
0-3 MONTHS
2.48 M USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
131 K USD 1
9-12 MONTHS
7. News
Floating Preferreds Have Monstrous Yields Due To Timing Phenomenon Floating rate preferreds, initially created in a zero interest rate environment, now yield around 10% due to the timing phenomenon and changes in interest rates. Key factors for analysis include company stability, size of preferred issue relative to common equity, discount/premium to par value, and adjustment above SOFR. Risks include rapid yield curve fluctuations and potential Fed rate cuts, which could lower SOFR and subsequently reduce yields on floating rate preferreds. seekingalpha.com - 1 week ago
The 10.5% Yield Of The Preferred Stock Of Chimera Is Attractive In This Painful Market Chimera's preferred stock offers a 10.5% yield, outperforming the S&P 500 with a 43% total return over two years, despite economic headwinds. The stock's floating yield provides some inflation protection, but economic risks like potential recession and rising interest rates pose challenges. Chimera's preferred dividend has a wide margin of safety, supported by a 56% payout ratio and a strong loan-to-value ratio of 43%. seekingalpha.com - 2 weeks ago
Down -7.74% in 4 Weeks, Here's Why You Should You Buy the Dip in Chimera (CIM) The heavy selling pressure might have exhausted for Chimera (CIM) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal. zacks.com - 2 weeks ago
Let's Talk Mortgage REITs (But Not For Too Long) A bunch of mortgage REITs were severely overvalued. Now they are less overvalued. But some others are actually bargains. Tons of charts because images are fun. Ellington Financial's higher price-to-book ratio may be due to lower volatility in the total economic return by period. Digital Realty Trust deserves to be mocked. I am reporting for duty! seekingalpha.com - 3 weeks ago
Chimera Investment Corporation Sponsors Residential Mortgage Loan Securitizations NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE: CIM) announced that on March 25, 2025 it had sponsored two securitizations of residential mortgage loans with an aggregate principal balance of $646 million. The mortgage loans for both securitizations were sourced from the redemption of prior Chimera-sponsored securitizations, including CIM 2021-NR1, CIM 2021-NR2, CIM 2021-NR3, CIM 2021-NR4, CIM 2022-NR1, CIM 2023-NR1, and CIM 2023-NR2. Net proceeds received from the transactions. businesswire.com - 3 weeks ago
Chimera Declares First Quarter 2025 Common Stock Dividend 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. businesswire.com - 4 weeks ago
15% Yields Want To Mug Your Dividends 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. seekingalpha.com - 1 month ago
Chimera Investment Q4: Mixed Results, Worst Is Over 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. seekingalpha.com - 1 month ago
9% Yields From Baby Bonds 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. seekingalpha.com - 1 month ago
Winners Of REIT Earnings Season 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. seekingalpha.com - 1 month ago
CIM Group Closes $15.6 Million Loan to Ad Astra Capital for Hilton Garden Inn in Casper, WY 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. businesswire.com - 1 month ago
Chimera Investment Corporation (CIM) Q4 2024 Earnings Call Transcript Chimera Investment Corporation (CIM) Q4 2024 Earnings Call Transcript seekingalpha.com - 2 months ago
8. Profile Summary

Chimera Investment Corporation CIM

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COUNTRY US
INDUSTRY REIT - Mortgage
MARKET CAP $ 883 M
Dividend Yield 4.58%
Description 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.
Contact 630 Fifth Avenue, New York, NY, 10111 https://www.chimerareit.com
IPO Date Nov. 29, 2007
Employees 77
Officers Mr. Dan Thakkar Chief Credit & Risk Officer Mr. Jack Lee Macdowell Jr., C.F.A., CFA Chief Investment Officer Victor Falvo Head of Capital Markets Ms. Miyun Sung J.D. Chief Legal Officer & Corporate Secretary Mr. Phillip John Kardis II, Esq., J.D. President, Chief Executive Officer & Director Mr. Subramaniam Viswanathan Chief Financial Officer & Principal Accounting Officer