Chimera Investment Corp (NYSE: CIM) is -22.36% lower on its value in year-to-date trading and has touched a low of $9.85 and a high of $16.89 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CIM stock was last observed hovering at around $11.49 in the last trading session, with the day’s loss setting it -0.62%.
Currently trading at $10.87, the stock is -14.62% and -20.17% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.17 million and changing -5.40% at the moment leaves the stock -25.20% off its SMA200. CIM registered -17.09% loss for a year compared to 6-month loss of -28.39%. The firm has a 50-day simple moving average (SMA 50) of $13.6172 and a 200-day simple moving average (SMA200) of $14.5329.
The stock witnessed a -18.88% gain in the last 1 month and extending the period to 3 months gives it a -22.85%, and is -13.04% down 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 10.88% over the week and 4.14% over the month.
Chimera Investment Corp (CIM) has around 77 employees, a market worth around $879.63M and $770.22M in sales. Current P/E ratio is 10.07 and Fwd P/E is 6.39. Profit margin for the company is 11.73%. Distance from 52-week low is 10.36% and -35.64% from its 52-week high. The company has generated returns on investments over the last 12 months (1.03%).
The EPS is expected to grow by 17.85% this year
273.0 institutions hold shares in Chimera Investment Corp (CIM), with institutional investors hold 58.36% of the company’s shares. The shares outstanding are 80.92M, and float is at 78.55M with Short Float at 1.94%. Institutions hold 57.17% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 7.44 million shares valued at $95.26 million. The investor’s holdings represent 9.2092 of the CIM Shares outstanding. As of 2024-06-30, the second largest holder is STATE STREET CORP with 1.91 million shares valued at $25.05 million to account for 2.36 of the shares outstanding. The other top investors are GEODE CAPITAL MANAGEMENT, LLC which holds 1.83 million shares representing 2.2602 and valued at over $23.38 million, while BALYASNY ASSET MANAGEMENT L.P. holds 1.7201 of the shares totaling 1.39 million with a market value of $17.79 million.
Chimera Investment Corp (CIM) Insider Activity
The most recent transaction is an insider purchase by CREAGH GERARD, the company’s Director. SEC filings show that CREAGH GERARD bought 12,500 shares of the company’s common stock on Mar 11 ’25 at a price of $13.31 per share for a total of $0.17 million. Following the purchase, the insider now owns 0.14 million shares.
Chimera Investment Corp disclosed in a document filed with the SEC on Dec 10 ’24 that Macdowell Jack Lee Jr (Chief Investment Officer) bought a total of 66,000 shares of the company’s common stock. The trade occurred on Dec 10 ’24 and was made at $15.13 per share for $1.0 million. Following the transaction, the insider now directly holds 0.17 million shares of the CIM stock.
Still, SEC filings show that on Dec 09 ’24, Macdowell Jack Lee Jr (Chief Investment Officer) acquired 50,000 shares at an average price of $14.91 for $0.75 million. The insider now directly holds 100,000 shares of Chimera Investment Corp (CIM).
