Chimera Investment Corporation (CIM) Given News Sentiment Rating of 0.21
News stories about Chimera Investment Corporation (NYSE:CIM) have been trending somewhat positive this week, according to Accern Sentiment. Accern rates the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Chimera Investment Corporation earned a news impact score of 0.21 on Accern’s scale. Accern also gave media coverage about the real estate investment trust an impact score of 46.0548798363408 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:
- Critical Analysis: Chimera Investment Corporation (CIM) & Western Asset Mortgage Capital Corporation (WMC) (americanbankingnews.com)
- Cheniere Energy, Inc. (LNG) has a value of $41.15 per share While Chimera Investment Corporation (CIM) is stand at … – Stocks Gallery (stocksgallery.com)
- Technical Story: Chimera Investment Corporation (CIM) stands 1.05% away from 50 SMA – Voice Of Analysts (analystsbuzz.com)
- Running on Empty or is Chimera Investment Corp (CIM) Refueling? – FLBC News (flbcnews.com)
Shares of Chimera Investment Corporation (NYSE:CIM) opened at 19.04 on Tuesday. Chimera Investment Corporation has a 1-year low of $14.70 and a 1-year high of $20.90. The firm has a market capitalization of $3.58 billion, a PE ratio of 5.47 and a beta of 0.94. The firm’s 50 day moving average is $18.80 and its 200 day moving average is $19.13.
Chimera Investment Corporation (NYSE:CIM) last released its quarterly earnings results on Wednesday, August 2nd. The real estate investment trust reported $0.60 EPS for the quarter, missing the Zacks’ consensus estimate of $0.63 by $0.03. The business had revenue of $150.70 million for the quarter, compared to analyst estimates of $149.75 million. Chimera Investment Corporation had a return on equity of 14.27% and a net margin of 63.94%. The company’s revenue for the quarter was up 9.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.51 EPS. Analysts anticipate that Chimera Investment Corporation will post $2.32 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, October 27th. Stockholders of record on Friday, September 29th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 10.50%. The ex-dividend date of this dividend is Thursday, September 28th. Chimera Investment Corporation’s dividend payout ratio is currently 57.31%.
CIM has been the topic of a number of research reports. Barclays PLC set a $17.00 price objective on shares of Chimera Investment Corporation and gave the company a “hold” rating in a research note on Monday, May 8th. ValuEngine raised shares of Chimera Investment Corporation from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 3rd. BidaskClub raised shares of Chimera Investment Corporation from a “hold” rating to a “buy” rating in a research note on Thursday, June 15th. Zacks Investment Research raised shares of Chimera Investment Corporation from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 4th. Finally, Deutsche Bank AG increased their price objective on shares of Chimera Investment Corporation from $19.00 to $20.00 and gave the company a “hold” rating in a research note on Thursday, August 3rd. One research analyst has rated the stock with a sell rating, four have issued a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $18.88.
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Chimera Investment Corporation Company Profile
Chimera Investment Corporation is a real estate investment trust (REIT). The company is engaged in the business of investing in a portfolio of mortgage assets, including agency residential mortgage-backed security (RMBS), non-agency RMBS, agency commercial mortgage-backed securities (CMBS), residential mortgage loans and real estate related securities.
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