The price-to-earnings ratio for Chimera Investment Corp (NYSE: CIM) is above average at 4.25x. The 36-month beta value for CIM is also noteworthy at 1.76. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 5 rating it as “hold,” and 0 rating it as “sell.”
The public float for CIM is 78.35M, and at present, short sellers hold a 2.01% of that float. The average trading volume of CIM on January 09, 2025 was 521.69K shares.
CIM) stock’s latest price update
Chimera Investment Corp (NYSE: CIM)’s stock price has decreased by -0.35 compared to its previous closing price of 14.14. However, the company has seen a 0.64% increase in its stock price over the last five trading sessions. businesswire.com reported 2024-12-19 that NEW YORK–(BUSINESS WIRE)–The Board of Directors of Chimera Investment Corporation announced the declaration of its fourth quarter cash dividend of $0.37 per common share. The dividend is payable on January 31, 2025 to common stockholders of record on December 31, 2024. The ex-dividend date is December 31, 2024. About Chimera Investment Corporation Chimera is a publicly traded real estate investment trust, or REIT, that is primarily engaged in the business of investing directly or indirectly,.
CIM’s Market Performance
CIM’s stock has risen by 0.64% in the past week, with a monthly drop of -4.21% and a quarterly drop of -7.18%. The volatility ratio for the week is 2.19% while the volatility levels for the last 30 days are 2.42% for Chimera Investment Corp The simple moving average for the past 20 days is -2.41% for CIM’s stock, with a -0.81% simple moving average for the past 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 -4.36% 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 -16.58% of loss for the given period.
Volatility was left at 2.42%, however, over the last 30 days, the volatility rate increased by 2.19%, as shares sank -5.63% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.91% lower at present.
During the last 5 trading sessions, CIM rose by +0.64%, which changed the moving average for the period of 200-days by +4.60% in comparison to the 20-day moving average, which settled at $14.44. In addition, Chimera Investment Corp saw 0.64% 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 Macdowell Jack Lee Jr, who purchase 66,000 shares at the price of $15.13 back on Dec 10 ’24. After this action, Macdowell Jack Lee Jr now owns 166,000 shares of Chimera Investment Corp, valued at $998,580 using the latest closing price.
Macdowell Jack Lee Jr, the Chief Investment Officer of Chimera Investment Corp, purchase 50,000 shares at $14.91 during a trade that took place back on Dec 09 ’24, which means that Macdowell Jack Lee Jr is holding 100,000 shares at $745,500 based on the most recent closing price.
Stock Fundamentals for CIM
Current profitability levels for the company are sitting at:
- 1.03 for the present operating margin
- 0.83 for the gross margin
The net margin for Chimera Investment Corp stands at 0.5. The total capital return value is set at 0.05. Equity return is now at value 13.50, with 2.66 for asset returns.
Based on Chimera Investment Corp (CIM), the company’s capital structure generated 0.8 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 3.93. The interest coverage ratio of the stock is 1.47.
When we switch over and look at the enterprise to sales, we see a ratio of 16.72. The receivables turnover for the company is 9.17for trailing twelve months and the total asset turnover is 0.05.
Conclusion
In summary, Chimera Investment Corp (CIM) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. 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.
