The price-to-earnings ratio for Chimera Investment Corp (NYSE: CIM) is above average at 9.05x, Company’s 36-month beta value is 1.78.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for CIM is 78.85M, and currently, short sellers hold a 2.85% ratio of that floaft. The average trading volume of CIM on September 02, 2024 was 651.99K shares.
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CIM) stock’s latest price update
Chimera Investment Corp (NYSE: CIM)’s stock price has decreased by -0.13 compared to its previous closing price of 15.50. However, the company has seen a 1.11% increase in its stock price over the last five trading sessions. zacks.com reported 2024-08-26 that Investors need to pay close attention to Chimera Investment (CIM) stock based on the movements in the options market lately.
CIM’s Market Performance
Chimera Investment Corp (CIM) has seen a 1.11% rise in stock performance for the week, with a 8.63% gain in the past month and a 30.08% surge in the past quarter. The volatility ratio for the week is 1.35%, and the volatility levels for the past 30 days are at 2.18% for CIM. The simple moving average for the last 20 days is 4.96% for CIM stock, with a simple moving average of 11.43% for the last 200 days.
Analysts’ Opinion of CIM
Many brokerage firms have already submitted their reports for CIM stocks, with UBS repeating the rating for CIM by listing it as a “Neutral.” The predicted price for CIM in the upcoming period, according to UBS is $5.50 based on the research report published on December 06, 2023 of the previous year 2023.
Barclays, on the other hand, stated in their research note that they expect to see CIM reach a price target of $10, previously predicting the price at $9. The rating they have provided for CIM stocks is “Underweight” according to the report published on December 10th, 2020.
CIM Trading at 7.84% from the 50-Day Moving Average
After a stumble in the market that brought CIM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -17.57% of loss for the given period.
Volatility was left at 2.18%, however, over the last 30 days, the volatility rate increased by 1.35%, as shares surge +10.10% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +14.08% upper at present.
During the last 5 trading sessions, CIM rose by +1.11%, which changed the moving average for the period of 200-days by +10.26% in comparison to the 20-day moving average, which settled at $14.82. In addition, Chimera Investment Corp saw 3.41% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CIM starting from CREAGH GERARD, who purchase 10,000 shares at the price of $13.07 back on Jun 17 ’24. After this action, CREAGH GERARD now owns 125,899 shares of Chimera Investment Corp, valued at $130,700 using the latest closing price.
Stock Fundamentals for CIM
Current profitability levels for the company are sitting at:
- 0.89 for the present operating margin
- 0.89 for the gross margin
The net margin for Chimera Investment Corp stands at 0.41. The total capital return value is set at 0.05. Equity return is now at value 8.38, with 1.64 for asset returns.
Based on Chimera Investment Corp (CIM), the company’s capital structure generated 0.79 points at debt to capital in total, while cash flow to debt ratio is standing at 0.02. The debt to equity ratio resting at 3.75. The interest coverage ratio of the stock is 0.95.
Currently, EBITDA for the company is 643.24 million with net debt to EBITDA at 20.6. When we switch over and look at the enterprise to sales, we see a ratio of 20.63. The receivables turnover for the company is 7.59for trailing twelve months and the total asset turnover is 0.04.
Conclusion
In a nutshell, Chimera Investment Corp (CIM) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
