Chimera Investment Corporation (NYSE:CIM) Valuation According To Analysts

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The stock touched its high share price of $18.4 on Feb 13, 2017 and the stock also touched its Lowest price in the last 52-weeks of trading on Feb 24, 2016 as $12.5.

"Chimera Investment Corporation Declares Quarterly Dividend of $0.50 (CIM)" was first posted by The Cerbat Gem and is the property of of The Cerbat Gem. Vanguard Group Inc. boosted its position in shares of Chimera Investment Corporation by 3.5% in the second quarter. The Relative Volume value measured for Chimera Investment Corporation (NYSE:CIM) is 1.93. US Bancorp DE now owns 10,042 shares of the company's stock valued at $160,000 after buying an additional 5,399 shares in the last quarter. Finally, ClariVest Asset Management LLC increased its stake in shares of Chimera Investment Corporation by 1.8% in the third quarter. Institutional investors own 53.03% of the company's stock. The company reported $0.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.11.

Following U.S. election volatility some analysts have updated their recommended target prices on shares of Chimera Investment Corporation (NYSE:CIM). The company has a market cap of $3.38 billion, a price-to-earnings ratio of 7.60 and a beta of 0.74. The mean PT for this stock is at $17.00 while the max. level suggested by the brokerage firms is $18.00 and min. PT is $16.00. The stock has an operating margin of 50.90% and a net profit margin of 50.90% This appreciation has taken its price 80.52% above the 52-week low.

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Wells Fargo & Company has upgraded Chimera Investment Corporation (NYSE:CIM) to Market Perform in a report released on Thursday February 16, 2017. Equities research analysts predict that Chimera Investment Corporation will post $2.43 earnings per share for the current fiscal year. Bank of New York Mellon Corp now owns 810,021 shares of the company's stock valued at $12,919,000 after buying an additional 2,163 shares during the period. Investors of record on Wednesday, March 29th will be paid a dividend of 0.50 per share on Friday, April 28th. The ex-dividend date of this dividend is Wednesday, March 29th. This represents a $2.00 annualized dividend and a dividend yield of 11.22%. This is an increase from Chimera Investment Corporation's previous quarterly dividend of $0.48. The company has 1 year Price Target of $17. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the stock.

08/08/2016 - Chimera Investment Corporation had its " rating reiterated by analysts at Nomura.

Want to receive stock recommendations on Chimera Investment Corporation (NYSE:CIM) as well as the latest stock picks before the Street? Zacks Investment Research downgraded shares of Chimera Investment Corporation from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, January 3rd. The reported earnings per share topped the analyst's consensus by $0.01 with the percentage difference between estimated and actual earnings arriving at 2.90%. The Company through its subsidiaries invests in residential mortgage-backed securities (RMBS) residential mortgage loans commercial mortgage loans real estate-related securities and various other asset classes.