Chimera Investment Corporation (NYSE:CIM) Q1 2024 Earnings Conference Call May 9, 2024 8:30 AM ET Company Participants Victor Falvo - Head of Capital Markets and Investor Relations Phil Kardis - President and Chief Executive Officer Subra Viswanathan - Chief Financial Officer Dan Thakkar - Chief Investment Officer Conference Call Participants Doug Harter - UBS Bose George - KBW Trevor Cranston - Citizens JMP Operator Greetings and welcome to the Chimera Investments’ 2024 Earnings Conference. I have here wit ...

Chimera Investment (CIM) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 20%. A quarter ago, it was expected that this mortgage investor would post earnings of $0.13 per share when it actually produced earnings of $0.13, delivering no surprise.Over the last four quarters, the company ...

NE CHIMERA "WESTMENT INVESTOR PRESENTATION DISCLAIMER This presentation includes "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Actual results may differ from expectations, estimates and projections and, consequently, readers should not rely on these forward-looking statements as predictions of future events. Words such as "goal" "expect," "target," "assume," "estimate," "project," "budget," "forecast," "an ...

NYSE: CIM Investor Relations 888-895-6557 www.chimerareit.com NEW YORK - (BUSINESS WIRE) - Chimera Investment Corporation (NYSE:CIM) today announced its financial results for the first quarter ended March 31, 2024. • 1ST QUARTER GAAP NET INCOME OF $0.45 PER DILUTED COMMON SHARE • 1ST QUARTER EARNINGS AVAILABLE FOR DISTRIBUTION OF $0.12 PER DILUTED COMMON SHARE • GAAP BOOK VALUE OF $7.11 PER COMMON SHARE (1) | --- | --- | --- | |-------------------------------------------------------------------------------- ...

We also indirectly own an entity that has elected to be taxed as a REIT under the U.S. federal income tax laws, or a "Subsidiary REIT." Our Subsidiary REIT is subject to the same REIT qualification requirements that are applicable to us. If our Subsidiary REIT were to fail to qualify as a REIT, then (i) that Subsidiary REIT would become subject to regular U.S. federal, state and local corporate income tax, (ii) our interest in such Subsidiary REIT would cease to be a qualifying asset for purposes of the REI ...

designer491A higher-than-expected reading of inflation data on Tuesday triggered a minor meltdown for stocks, including in the high-yield sector that consists of mortgage real estate investment trusts and business development company. One such trust was Chimera Investment Corporation (NYSE:CIM) which also happened to just report 4Q-23 earnings. Though Chimera Investment’s stock just fell to new 52-week lows, the earnings release showed that the dividend realignment in the last quarter worked: Chimera In ...

Chimera Investment Corporation (NYSE:CIM) Q4 2023 Earnings Conference Call February 14, 2024 8:30 AM ET Company Participants Victor Falvo - Head, Capital Markets and Investor Relations Phillip Kardis - Chief Executive Officer Subramaniam Viswanathan - Chief Financial Officer and Principal Accounting Officer Dan Thakkar - Co-Chief Investment Officer Conference Call Participants Bose George - KBW Trevor Cranston - JMP Securities Stephen Laws - Raymond James Eric Hagen - BTIG Operator Hello and welcome to the ...

Chimera Investment (CIM) came out with quarterly earnings of $0.13 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.11 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this mortgage investor would post earnings of $0.12 per share when it actually produced earnings of $0.13, delivering a surprise of 8.33%.Over the last four quarters, the company has surpassed consensus EPS estimates just once.Chimera, which belon ...

NEW YORK--(BUSINESS WIRE)--The Board of Directors of Chimera announced the declaration of its first quarter cash dividend of $0.50 per share of 8% Series A Cumulative Redeemable Preferred Stock. The dividend is payable April 1, 2024 to preferred shareholders of record on March 1, 2024. The ex-dividend date is February 29, 2024. The Board of Directors of Chimera also announced the declaration of its first quarter cash dividend of $0.50 per share of 8% Series B Fixed-to-Floating Rate Cumulative Redeemable Pr ...

NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE:CIM) today announced its financial results for the fourth quarter and full year ended December 31, 2023. Financial Highlights: 4TH QUARTER GAAP NET INCOME OF $0.05 PER DILUTED COMMON SHARE 4TH QUARTER EARNINGS AVAILABLE FOR DISTRIBUTION(1) OF $0.13 PER DILUTED COMMON SHARE FULL YEAR GAAP NET INCOME OF $52 MILLION, OR $0.23 PER DILUTED COMMON SHARE FULL YEAR EARNINGS AVAILABLE FOR DISTRIBUTION(1) OF $119 MILLION, OR $0.51 PER DILUTED ...