CIM Stock Price Chimera Investment Corp Stock Quote U.S.: NYSE
Chimera Investment Corporation investors may participate in a share repurchase plan as well. Investors of Record can participate directly in the plan while Beneficial Owners may request their shares be transferred to the agent of record and become Investors of Record. In an initial public offering market on life support, even China is having problems. Banking services and bank accounts are offered by Jiko Bank, a division of Mid-Central National Bank, Member FDIC. REITs are dividend-paying entities that own or finance real estate.
This puts Matthew Lambiase in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Product offerings and availability vary based on jurisdiction.
- Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed.
- Chimera Investment Corp. shares advanced by 2.7% in premarket trades Monday after the New York-based real estate investment trust named its chief legal officer Phillip J. Kardis II as CEO and director.
- The company has elected to be taxed as a REIT which is a tax-sheltered vehicle for real estate investment.
- Keep in mind that other fees such as regulatory fees, Premium subscription fees, commissions on trades during extended trading hours, wire transfer fees, and paper statement fees may apply to your brokerage account.
The only drawback is that shareholders are responsible for income taxes on the earnings. NEW YORK–(BUSINESS WIRE)–The Board of Directors of Chimera announced the declaration of its second quarter cash dividend of $0.50 per share of 8% Series A Cumulative Redeemable Preferred Stock. According to the issued ratings of 2 analysts in the last year, the consensus rating td ameritrade: an overview for Chimera Investment stock is Moderate Buy based on the current 1 hold rating and 1 buy rating for CIM. The average twelve-month price prediction for Chimera Investment is $6.25 with a high price target of $7.00 and a low price target of $5.50. 2 Wall Street analysts have issued «buy,» «hold,» and «sell» ratings for Chimera Investment in the last twelve months.
2 brokerages have issued 12 month price objectives for Chimera Investment’s shares. On average, they anticipate the company’s share price to reach $6.25 in the next twelve months. This suggests a possible upside of 20.0% from the stock’s current price. View analysts price targets for CIM or view top-rated stocks among Wall Street analysts. Chimera Investment Corp. shares advanced by 2.7% in premarket trades Monday after the New York-based real estate investment trust named its chief legal officer Phillip J. Kardis II as CEO and director.
Chimera Investment Consensus Rating and Price Target (
There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors review the kelly capital growth investment criterion should «moderate buy» CIM shares. Additional information about your broker can be found by clicking here.
- The unit of Annaly Capital Management is a newly-formed specia…
- Upgrade to MarketBeat All Access to add more stocks to your watchlist.
- Based on an average daily volume of 1,970,000 shares, the short-interest ratio is currently 4.4 days.
The company was founded on June 1, 2007 and is headquartered in New York, NY. Alternative Assets.Brokerage services for alternative assets available on Public are offered by Dalmore Group, LLC (“Dalmore”), member of FINRA & SIPC. “Alternative assets,” as the term is used at Public, are equity securities that have been issued pursuant to Regulation A of the Securities Act of 1933 (as amended) (“Regulation A”). These investments are speculative, involve substantial risks (including illiquidity and loss of principal), and are not FDIC or SIPC insured. Alternative Assets purchased on the Public platform are not held in an Open to the Public Investing brokerage account and are self-custodied by the purchaser.
There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Below are the latest news stories about CHIMERA INVESTMENT CORP that investors may wish to consider to help them evaluate CIM as an investment opportunity. 3 employees have rated Chimera Investment Chief Executive Officer Matthew Lambiase on Glassdoor.com. Matthew Lambiase has an approval rating of 100% among the company’s employees.
There are many who think that following the filings of billionaire hedge fund managers and investors is a great way to build a portfolio, but there are a number of reasons why this thinking is flawed.
When you see CIM stock appear in the results, tap it to open up the purchase screen. «That sort of pileup wears on the consumer and makes them wary,» the former Walmart U.S. CEO told CNBC’s «Fast Money» on Monday. «For the first time in a long time, there’s a reason for the consumer to pause.» As three of the nation’s biggest retailers kick off a key sales week, former Walmart U.S. CEO Bill Simon warns consumers are starting to buckle for the first time in a decade.
What 5 Analyst Ratings Have To Say About Chimera Investment
The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Chimera Investment Corporation operates as an internally-managed real estate investment trust (REIT) in the United States.
Chimera Investment MarketRank™ Forecast
Chimera Investment’s stock is owned by a variety of retail and institutional investors. Chimera Investment saw a decline in short interest in August. As of August 31st, there was short interest totaling 8,710,000 shares, a decline of 12.9% from the August 15th total of 10,000,000 shares. Based on an average daily volume of 1,970,000 shares, the short-interest ratio is currently 4.4 days. Sign-up to receive the latest news and ratings for Chimera Investment and its competitors with MarketBeat’s FREE daily newsletter.
Invest in CIM
The technique has proven to be very useful for finding positive surprises. In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer.
This repurchase authorization allows the company to buy up to 19% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s board of directors believes its shares guide to successfully outsourcing software development are undervalued. Enter your email address below to receive the DividendStocks.com newsletter, a daily email that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news.
Industry, Sector and Symbol
Open to Public Investing is a wholly-owned subsidiary of Public Holdings, Inc. (“Public Holdings”). This is not an offer, solicitation of an offer, or advice to buy or sell securities or open a brokerage account in any jurisdiction where Open to the Public Investing is not registered. Securities products offered by Open to the Public Investing are not FDIC insured. Apex Clearing Corporation, our clearing firm, has additional insurance coverage in excess of the regular SIPC limits. Chimere Investment Corporation is based in New York, New York, trades on the New York Stock Exchange, and works to provide attractive risk-adjusted returns via dividends and capital preservation.
According to 3 analysts, the average rating for CIM stock is «Hold.» The 12-month stock price forecast is $5.67, which is an increase of 8.83% from the latest price. Enter your email address below to receive our daily newsletter that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news. For more insight on analysts targets of CIM, see our CIM price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page. Chimera Investment declared that its board has authorized a stock repurchase plan on Wednesday, June 14th 2023, which allows the company to repurchase $250,000,000.00 in shares, according to EventVestor.