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Chimera Investment (CIM) Company Profile

Updated Dec 2, 2019
Chimera Investment has the following business profile:
Company's Full Name:Chimera Investment Corporation
Short Name:Chimera Investment
Trading Ticker Symbol:CIM
Primary Exchange:NYSE
Headquarter City/Country:New York, NY
Primary Industry Sector:Consumer Services
Seconday Sub-sector:Real Estate Investment Trusts
Main Business Areas: Diversified REIT, REIT, Consumer Services, Real Estate Investment Trusts, REITs, Real Estate
Dividend Payments:Dividend History

Market and Trading Information for Chimera Investment

The following details were available for trading and market data about the stock of Chimera Investment as of writing:
Current Share Price:$20.41
Previous Year's Closing Price:$17.82
Percentage Price Change (YTD):14.53%
Market Cap:$3.82 billion
52-week Price Range:$16.88 - $20.54
Dividend Per Share:$2
EPS (TTM):0.59
Price-Earnings (Trailing):34.42
Price-Earnings (Forward):9.49

Company Profile and Business Description for Chimera Investment

Chimera Investment Corporation, incorporated on June 1, 2007, is a real estate investment trust (REIT). The company is engaged in the business of investing in a portfolio of mortgage assets, including agency residential mortgage-backed security (RMBS), non-agency RMBS, agency commercial mortgage-backed securities (CMBS), residential mortgage loans and real estate related securities. The Company's objective is to provide risk-adjusted returns to its investors over the long-term, primarily through dividends and secondarily through capital appreciation. The Company focuses to achieve this objective by investing in an investment portfolio of RMBS, agency CMBS, residential mortgage loans, commercial mortgage loans, real estate-related securities and various other asset classes. The MBS and real estate-related securities the Company purchases include investment-grade and non-investment grade classes, including the BB-rated, B-rated and non-rated classes.

The Company focuses on its investment activities primarily on acquiring non-agency and agency RMBS and CMBS, or MBS and on acquiring residential mortgage loans. The Company invests in mortgage pass-through certificates issued or guaranteed by The Government National Mortgage Association (Ginnie Mae), Federal National Mortgage Association (Fannie Mae) or The Federal Home Loan Mortgage Corporation (Freddie Mac). It also invests in investment grade and non-investment grade RMBS. The Company may invest in collateralized mortgage obligations (CMOs), issued by the Agencies. CMOs consist of various classes of securities, with each class bearing different stated maturity dates. The Company may also invest in net interest margin securities (NIMs). The Company's subsidiaries include Chimera RMBS Whole Pool LLC, Chimera RMBS LLC, Chimera Special Holdings LLC, CIM Trading Company LLC, Chimera Funding TRS LLC, Chimera CMBS Whole Pool LLC, Chimera RMBS Securities LLC, Chimera Insurance Company, LLC and Chimera RR Holdings LLC.

The Company has invested in and may invest in residential mortgage loans (mortgage loans secured by residential real property) primarily through direct and secondary market purchases from banks, non-bank financial institutions and the agencies. The agency CMBS it acquires are Ginnie Mae Construction Loan Certificates (CLCs) and the resulting project loan certificates (PLCs). The Company may invest in commercial mortgage loans consisting of first or second lien loans secured by multifamily properties, which are residential rental properties, or by mixed residential or other commercial properties, retail properties, office properties or industrial properties. It may invest in securities issued in various collateralized debt obligation, (CDO), offerings to gain exposure to bank loans, corporate bonds, asset-backed securities (ABS), mortgages, RMBS, CMBS and other instruments. It may also invest in CMBS, which are secured by, or evidence ownership interests in, a single commercial mortgage loan or a pool of mortgage loans secured by commercial properties.

520 Madison Ave Fl 32

Peer / Competitor Companies of Real Estate Investment Trusts Sector

Along with Chimera Investment Corporation, the following other peer (competitor) companies also exist within the same Real Estate Investment Trusts - Consumer Services sector whose company profile and dividend history is as follows:

▶ Acadia Realty Trust (AKR): Acadia Realty Trust is an equity real estate investment trust focused on delivering long-term, profitable growth via its dual - Core and Fund - operating platforms and its disciplined, location-driven....See Detailed Company Profile  and Dividend History.

▶ ACRE Realty Investors (AIII): ACRE Realty Investors Inc., formerly Roberts Realty Investors, Inc., incorporated on July 22, 1994, is a commercial real estate investment and operating company. The Company is focused on commercial real ....See Detailed Company Profile  and Dividend History.

▶ AGNC Investment (AGNC): AGNC Investment Corp., formerly American Capital Agency Corp., incorporated on January 7, 2008, is a real estate investment trust (REIT). The Company primarily invests in agency residential mortgage-backed securities on ....See Detailed Company Profile  and Dividend History.

▶ AGNC Investment (AGNCB): AGNC Investment Corp., formerly American Capital Agency Corp., incorporated on January 7, 2008, is a real estate investment trust (REIT). The Company primarily invests in agency residential mortgage-backed securities on ....See Detailed Company Profile  and Dividend History.

▶ AGNC Investment (AGNCP): AGNC Investment Corp., formerly American Capital Agency Corp., incorporated on January 7, 2008, is a real estate investment trust (REIT). The Company primarily invests in agency residential mortgage-backed securities on ....See Detailed Company Profile  and Dividend History.

▶ Agree Realty (ADC): Agree Realty Corporation (Agree Realty), incorporated on December 15, 1993, is an integrated real estate investment trust (REIT) primarily focused on the ownership, acquisition, development and management of retail properties. ....See Detailed Company Profile  and Dividend History.

▶ Alexander's (ALX): Alexanders, Inc., incorporated on May 16, 1955, is a real estate investment trust (REIT). The Company is engaged in leasing, managing, developing and redeveloping its properties. The Company is managed ....See Detailed Company Profile  and Dividend History.

▶ Alexandria Real Estate Equities (ARE): Alexandria Real Estate Equities, Inc. (NYSE:ARE), an S&P 500 company, is an urban office real estate investment trust ....See Detailed Company Profile  and Dividend History.

▶ American Assets Trust (AAT): American Assets Trust, Inc., incorporated on July 16, 2010, is a full service, vertically integrated and self-administered real estate investment trust (REIT). The Company owns, operates, acquires and develops retail, ....See Detailed Company Profile  and Dividend History.

▶ American Campus Communities (ACC): American Campus Communities, Inc. (ACC), incorporated on March 9, 2004, is a self-managed and self-administered equity real estate investment trust (REIT). The Company holds interest in American Campus Communities Operating ....See Detailed Company Profile  and Dividend History.

▶ American Farmland (AFCO): American Farmland Company is an internally managed real estate company. The Company owns a portfolio of farmland, consisting of mature permanent, specialty/vegetable row and commodity row crop farms, including farmland ....See Detailed Company Profile  and Dividend History.

▶ American Homes 4 Rent (AMH): American Homes 4 Rent, incorporated on October 19, 2012, is an internally managed real estate investment trust (REIT) focused on acquiring, renovating, leasing and operating single-family homes as rental properties. ....See Detailed Company Profile  and Dividend History.

▶ American Homes 4 Rent (AMH^A): ....See

▶ American Homes 4 Rent (AMH^B): ....See

▶ American Homes 4 Rent (AMH^C): ....See

▶ American Homes 4 Rent (AMH^D): ....See

▶ American Homes 4 Rent (AMH^E): ....See

▶ American Tower REIT (AMT): American Tower Corporation (ATC), incorporated on September 24, 1996, is a holding company. The Company operates as a real estate investment trust (REIT), which owns, operates and develops multitenant communications ....See Detailed Company Profile  and Dividend History.

▶ Annaly Capital Management (NLY): Annaly Capital Management, Inc. (Annaly), incorporated on November 25, 1996, is a mortgage real estate investment trust (REIT). The Company owns a portfolio of real estate related investments. The Companys ....See Detailed Company Profile  and Dividend History.

▶ Anworth Mortgage Asset (ANH): Anworth Mortgage Asset Corporation, incorporated on October 16, 1997, is a real estate investment trust (REIT). The Companys investment objective is to provide risk-adjusted total returns to its stockholders over ....See Detailed Company Profile  and Dividend History.

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