Strength Seen in Chimera (CIM): Can Its 9.7% Jump Turn into More Strength?

Core Viewpoint - Chimera Investment (CIM) shares experienced a significant rally of 9.7%, closing at $11.49, following a broader market rally driven by optimism around tariff pauses [1][2] Company Performance - Chimera is expected to report quarterly earnings of $0.38 per share, reflecting a year-over-year increase of 5.6%, with revenues projected at $70.4 million, an 8.1% increase from the previous year [3] - The consensus EPS estimate for Chimera has remained unchanged over the last 30 days, indicating stability in earnings expectations [4] Market Context - The stock price surge is linked to Trump's announcement of a 90-day pause on reciprocal tariffs for most trading partners, which alleviates immediate trade war fears and improves economic outlook [2] - The tariff pause is anticipated to ease cost pressures, enhancing margins and profitability for mREIT stocks, including Chimera [2] Industry Comparison - Chimera belongs to the Zacks REIT and Equity Trust industry, where another stock, Angel Oak Mortgage (AOMR), closed 4.8% higher at $8.03, despite a -20.1% return over the past month [4] - Angel Oak's consensus EPS estimate has remained unchanged at $0.27, representing a year-over-year change of 145.5% [5]