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Chimera Investment Corporation (CIM-PA)

NYSE - Nasdaq Real Time Price. Currency in USD
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23.28+0.13 (+0.56%)
As of 03:56PM EDT. Market open.
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  • S
    On March 18th 2020 this stock sold for $5.86 a share. Save your money and get ready to reload. I am long (over 5 years) and have been here before. Don’t panic just use this opportunity to get your DCA down. Patience has its rewards.
  • O
    Absolutely no reason CIM was down so much today other than market panic and shorts taking advantage of thatf. Cooler heads will prevail.
  • N
    Can CIM Keep the dividend at these levels?
  • C
    this was a adjustment q for rising interest rate the next q will be fine!!
  • R
    Book Value falling to $10.15 hurt quite a bit, but most other numbers were near or above analysts estimates (depending on what analysts group were quoted).

    We'll have to see how next quarter goes with higher interest rates climbing. I did appreciate the following information from CIM management. Hopefully this is a good strategy for CIM.

    "As rates began to rise this year, we have begun implementation of the next leg our strategy; to acquire higher yielding residential loans while continuing to obtain long-term financing through securitization," said CEO and Chief Investment Officer Mohit Marria.

    During the quarter, Chimera (CIM) committed to acquire $807M of residential re-performing loans and sponsored its first securitization of 2022 with $328M CIM 2022-R1. "We expect these actions to be accretive to earnings immediately," Marria said
  • A
    Waiting for further decline before jumping in for more shares.
  • G
    Added another 250 shares this week. Definitely way oversold with the dididends.
  • D
    Der T Sanchez
    Will be paying a 20% divy soon
  • E
    Edward Says:
    over sold, just follow the lead of many, either collect and spend the dividends as I do, or do re-investment and each quarter you get more shares and more dividends. I have I guess too much money invested in CIM but I enjoy the roughly $600 quarterly income.
  • D
    Any opinions on the preferred B vs the common?
  • D
    Yeah! Thanks for the downgrade after the precipitous drop over months. Brave call 🙄!
  • D
    Did you read the Yahoo article yesterday? It puts the facts in perspective. The price is determined by the continual EPS decline. Noteworthy, I am not a paid subscriber to Yahoo so I could not read the attachment which MAY explain why as of now, the futures are up
  • T
    Way oversold. 2021 Profit margins were 47%, Return on Equity 16%, Income per Employee 17.6M. Revenue 2021 was solid. 2022 no numbers posted yet but no reason to give up on it. Some of it has to be market overall conditions and reposition of portfolios. I believe this will climb back over $14.
  • k
    I am told.
    “ As recession - maybe even stagflation - looms large, investors are looking for relief as most groups are negative on the year.

    But there is an asset class that has done well even when rate hikes went on for several months, or years: REITs have historically outperformed the broad market during times of rate hikes, while throwing off a solid dividend yield. ”
  • D
    A pulse has been detected the last couple days…
  • R
    If you're looking to do some bottom fishing and in a buy-and-hold mode how can you not buy purely based on the 12% dividend.
  • 1
    FWIW, per Yahoo Historical Data, the covid era intra-day low was in mid April 2020 and was $7.01.
  • S
    Div stays solid at $0.33/share
  • k
    52 Week Range 9.24 - 16.85
    Almost at 52 week low.
    Why do people hold this stock?
  • k
    Shouldn’t we make money regardless of the economy?
    Folks got to live somewhere