Chimera Investment Corporation is a real estate investment trust (REIT) in the United States. The company is headquartered in New York, New York.
| Revenue (TTM) | $214.90M |
| Gross Profit (TTM) | $189.07M |
| EBITDA | — |
| Operating Margin | -4.29% |
| Return on Equity | 0.75% |
| Return on Assets | 0.13% |
| Revenue/Share (TTM) | $2.60 |
| Book Value | $29.45 |
| Price-to-Book | 0.45 |
| Price-to-Sales (TTM) | 5.06 |
| EV/Revenue | 67.75 |
| EV/EBITDA | — |
| Quarterly Earnings Growth (YoY) | -58.50% |
| Quarterly Revenue Growth (YoY) | -76.60% |
| Shares Outstanding | $83.65M |
| Float | $81.27M |
| % Insiders | 2.02% |
| % Institutions | 59.86% |
Volatility is currently contracting
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”).
Chimera Investment Corporation offers a diversified mortgage REIT portfolio with $16B in assets and a $1.09B market cap. CIM's capital structure features a recourse leverage ratio of 2.9x and total leverage of 5.2x, with strong baby bond and preferred stock buffers. CIM instruments appeal to yield-seeking investors, balancing high current income with moderate risk, though leverage and rate sensitivity warrant monitoring.
NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE: CIM) today announced its financial results for the first quarter ended March 31, 2026. Executive Summary: Metric Value Q1 2026 GAAP Net Income (Loss) $(65) million, or $(0.78) per diluted common share Earnings Available for Distribution (1) $46 million, or $0.54 per diluted common share GAAP Book Value per common share $18.34 per common share Economic Return (2) (4.6)% (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 second quarter cash dividend of $0.50 per share of 8.00% Series A Cumulative Redeemable Preferred Stock. The dividend is payable June 30, 2026 to preferred shareholders of record on June 1, 2026. The ex-dividend date is June 1, 2026. The Board of Directors of Chimera also announced the declaration of its second quarter cash dividend of $0.6095 per share of 8.00% Serie.
NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation Announces First Quarter 2026 Earnings Release and Conference Call Date.
Chimera Investment Corporation offers four cumulative preferred stocks, each with distinct coupon rates, call dates, and floating rate provisions. While it should be Called before CIM-D, due to its superior yield and slightly better add-on, I am moving my Buy rating to CIM-B, rating others as Holds. Dividend and redemption risks appear manageable, supported by CIM's hybrid mortgage REIT structure and sufficient equity coverage for preferred par values.
Fixed-Income Foundation: Build your financial fortress with preferreds like Virtus InfraCap US Preferred Stock ETF and maturity ladders for predictable, recurring cash flow. Agency mREITs like Annaly Capital Management, Inc. are historically countercyclical, often raising dividends when the broader economy falters. Tangible Value: Focus on infrastructure and REITs that own essential assets and generate hard cash.
REITs were rolling out of the gates in early-2026, coming back into favor amid a HALO trade (Heavy Assets, Low Obsolescence) after a half-decade of rate headwinds and unfavorable narrative. The oil price surge tied to the Iran conflict has complicated the rotation by sending rates soaring, yet REITs have remained surprisingly resilient in recent weeks, maintaining sizable year-to-date outperformance. REIT-rate correlations have eased in recent quarters, signaling a more favorable "regime change" where performance is driven by property fundamentals rather than macro forces, following a prolonged period of rate-dominated.
