UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED: June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO COMMISSION FILE NUMBER: 1-33796 CHIMERA INVESTMENT CORPORATION (Exact Name of Registrant as Specified in its Charter) Maryland 26-0630461 (State or other jurisdicti ...

Chimera Investment Corporation (NYSE:CIM) Q2 2024 Earnings Conference Call August 7, 2024 8:30 AM ET Company Participants Victor Falvo - Head of Capital Markets and IR Phil Kardis - President and CEO Subra Viswanathan - CFO Dan Thakkar - Chief Investment Officer Conference Call Participants Doug Harter - UBS Bose George - KBW Stephen Laws - Raymond James Jake Katsikis - BTIG Operator Good day, ladies and gentlemen, and welcome to the Chimera Investment Corporation Second Quarter Earnings Call. Our host for ...

Chimera Investment (CIM) came out with quarterly earnings of $0.37 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.36 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 8.82%. A quarter ago, it was expected that this mortgage investor would post earnings of $0.30 per share when it actually produced earnings of $0.36, delivering a surprise of 20%. Over the last four quarters, th ...

PRESS RELEASE NYSE: CIM CHIMERA INVESTMENT CORPORATION 630 Fifth Ave, Ste 2400 New York, New York 10111 _________________________________________________________________________________________________ Investor Relations 888-895-6557 www.chimerareit.com FOR IMMEDIATE RELEASE CHIMERA INVESTMENT CORPORATION REPORTS 2ND QUARTER 2024 EARNINGS NEW YORK - (BUSINESS WIRE) - Chimera Investment Corporation (NYSE:CIM) today announced its financial results for the second quarter ended June 30, 2024. Financial Highligh ...

matdesign24 Chimera Investment Corporation (NYSE:CIM) preferreds Chimera Investment Corporation PFD SER B (NYSE:CIM.PR.B) and Chimera Investment Corporation 8% PFD CUM SER D (NYSE:CIM.PR.D) look quite appealing as a means of generating very high dividend income, as they have current yields in excess of 11% and are well covered by both assets and cashflows. When fixed income instruments yield over 10% it is usually due to abnormally high risk, but the nature of the high yield here came about in a different f ...

1 IF D H Business overview To cut a long story short, Chimera is highly vulnerable to unexpected hikes of interest rates, which are highly unlikely for the foreseeable future, given the decrease in inflation, the guidance of the Fed and the burden of high interest rates on the budget of the U.S. government. Analysts seem to agree on this view, as they expect Chimera to recover strongly this year and remain profitable until at least 2026. More precisely, they expect the earnings per share of the company to r ...

Chimera Investment (CIM) shares ended the last trading session 7.5% higher at $12.83. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 12.8% loss over the past four weeks. The increased optimism in the stock can be attributed to its recent announcement of a dividend hike. Chimera's board of directors announced a cash dividend of 35 cents per share on its common stock for the second quarter of 2024, indicating an inc ...

Black_Kira/iStock via Getty Images Market Action Systematic Income Preferred Stocks Median Treasury Spread To Worst 8.00% 8.00% 2.00 0.00% 2020-01-01 2021-01-01 2022-01-01 2023-01-01 2024-01-01 Market Commentary Book Value Changes Over Periods 20.0% ABR � PMT 0.0% FR ● -20.0% CHMI RIT 2020/201 -40.0% TWO -60.0% MITT . -80.0% -40.0% -30.0% -20.0% -10.0% 0.0% 2023/2021 Given few people expect longer-term rates to head significantly higher, we shouldn't see further big book value drops, particularly if the coo ...

Most Powerful Force Impacting Stock Prices The change in a company's future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the near-term price movement of its stock. The influence of institutional investors has a partial contribution to this relationship, as these big professionals use earnings and earnings estimates to calculate the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply res ...

Dragon Claws Mortgage real estate investment trusts are primed to become more attractive investments for passive income investors as the central bank is poised to lower short-term interest rates and provide the highly leveraged sector with relief in terms of lower financing costs. Chimera Investment Corporation (NYSE:CIM) is one mortgage trust that I think is worth paying close attention to, since the trust's stock is selling for an exaggerated discount to book value. The mortgage real estate investment tru ...