CHIMERA INVT CO/SH NEW (NYSE:CIM) announced a quarterly dividend on Tuesday, September 15th, RTT News reports. Shareholders of record on Tuesday, September 29th will be paid a dividend of 0.30 per share by the real estate investment trust on Thursday, October 29th. This represents a $1.20 dividend on an annualized basis and a yield of 13.42%. The ex-dividend date of this dividend is Monday, September 28th.
CHIMERA INVT CO/SH NEW has increased its dividend by 3.1% over the last three years.
Shares of CHIMERA INVT CO/SH NEW stock opened at $8.94 on Wednesday. CHIMERA INVT CO/SH NEW has a twelve month low of $6.42 and a twelve month high of $22.99. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 2.57. The business has a 50-day moving average price of $8.83 and a 200-day moving average price of $9.91. The firm has a market cap of $2.04 billion, a price-to-earnings ratio of -6.48 and a beta of 0.86.
CHIMERA INVT CO/SH NEW (NYSE:CIM) last released its quarterly earnings data on Wednesday, August 5th. The real estate investment trust reported $0.32 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.31 by $0.01. CHIMERA INVT CO/SH NEW had a positive return on equity of 11.88% and a negative net margin of 17.05%. During the same period in the prior year, the business posted $0.53 EPS. On average, equities analysts expect that CHIMERA INVT CO/SH NEW will post 1.56 EPS for the current fiscal year.
Several equities analysts have commented on CIM shares. Royal Bank of Canada lowered their price objective on shares of CHIMERA INVT CO/SH NEW from $11.00 to $10.00 and set an “outperform” rating for the company in a research report on Friday, August 14th. Raymond James reiterated a “hold” rating on shares of CHIMERA INVT CO/SH NEW in a research note on Friday, August 14th. Finally, Zacks Investment Research downgraded shares of CHIMERA INVT CO/SH NEW from a “buy” rating to a “hold” rating in a research note on Thursday, September 10th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $10.19.
CHIMERA INVT CO/SH NEW Company Profile
Chimera Investment Corporation operates as a real estate investment trust 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 commercial mortgage loans, commercial mortgage loans, and other real estate related securities.
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