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The Preferred Stock Of Chimera Investment Remains Highly Attractive For Income-Oriented Investors
CIMChimera Investment(CIM) Seeking Alpha·2024-06-22 05:05

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 ...