Chimera Investment Corp (NYSE: CIM) is 0.64% higher on its value in year-to-date trading and has touched a low of $11.28 and a high of $16.89 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CIM stock was last observed hovering at around $14.14 in the last trading session, with the day’s loss setting it -0.05%.
Currently trading at $14.09, the stock is -2.41% and -4.36% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.48 million and changing -0.35% at the moment leaves the stock -0.81% off its SMA200. CIM registered -6.63% loss for a year compared to 6-month gain of 3.53%. The firm has a 50-day simple moving average (SMA 50) of $14.732 and a 200-day simple moving average (SMA200) of $14.20565.
The stock witnessed a -4.21% loss in the last 1 month and extending the period to 3 months gives it a -7.18%, and is 0.64% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.19% over the week and 2.42% over the month.
Chimera Investment Corp (CIM) has around 39 employees, a market worth around $1.14B and $760.71M in sales. Current P/E ratio is 4.25 and Fwd P/E is 8.36. Profit margin for the company is 35.59%. Distance from 52-week low is 24.86% and -16.58% from its 52-week high. The company has generated returns on investments over the last 12 months (2.85%).
The EPS is expected to grow by 15.25% this year
263.0 institutions hold shares in Chimera Investment Corp (CIM), with institutional investors hold 58.24% of the company’s shares. The shares outstanding are 80.88M, and float is at 78.35M with Short Float at 2.01%. Institutions hold 57.19% of the Float.
The top institutional shareholder in the company is IFP ADVISORS, INC with over 5300.0 shares valued at $23267.0. The investor’s holdings represent 0.0022 of the CIM Shares outstanding. As of 2024-06-30, the second largest holder is CWM, LLC with 1400.0 shares valued at $18000.0 to account for 0.0006 of the shares outstanding. The other top investors are FLPUTNAM INVESTMENT MANAGEMENT CO which holds 568.0 shares representing 0.0002 and valued at over $7271.0, while RONALD BLUE TRUST, INC. holds 0.0002 of the shares totaling 493.0 with a market value of $2273.0.
Chimera Investment Corp (CIM) Insider Activity
The most recent transaction is an insider purchase by Macdowell Jack Lee Jr, the company’s Chief Investment Officer. SEC filings show that Macdowell Jack Lee Jr bought 66,000 shares of the company’s common stock on Dec 10 ’24 at a price of $15.13 per share for a total of $1.0 million. Following the purchase, the insider now owns 0.17 million shares.
Chimera Investment Corp disclosed in a document filed with the SEC on Dec 09 ’24 that Macdowell Jack Lee Jr (Chief Investment Officer) bought a total of 50,000 shares of the company’s common stock. The trade occurred on Dec 09 ’24 and was made at $14.91 per share for $0.75 million. Following the transaction, the insider now directly holds 100000.0 shares of the CIM stock.
Still, SEC filings show that on Dec 06 ’24, Macdowell Jack Lee Jr (Chief Investment Officer) acquired 50,000 shares at an average price of $14.70 for $0.73 million. The insider now directly holds 50,000 shares of Chimera Investment Corp (CIM).
