|Bid||0.00 x 1800|
|Ask||26.50 x 2200|
|Day's Range||25.50 - 25.74|
|52 Week Range||21.43 - 26.59|
|Beta (5Y Monthly)||1.01|
|PE Ratio (TTM)||9.02|
|Forward Dividend & Yield||2.00 (7.84%)|
|Ex-Dividend Date||Sep. 16, 2021|
|1y Target Est||N/A|
Thank you, operator, and thank you, everyone, for participating in Chimera's third quarter 2021 earnings conference call. Joining me on the call today are Choudhary Yarlagadda, our president and chief operating officer; Subra Viswanathan, our chief financial officer; Kelley Kortman, our chief accounting officer; and Vic Falvo, our head of capital markets.
Chimera (CIM) delivered earnings and revenue surprises of 5.00% and 11.45%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
NEW YORK, November 03, 2021--Chimera Investment Corporation (NYSE:CIM) today announced its financial results for the third quarter ended September 30, 2021. The Company’s GAAP net income for the third quarter was $313 million, or $1.30 per diluted common share. Earnings available for distribution(1) for the third quarter ended September 30, 2021 was $102 million, or $0.42 per diluted common share.