Media headlines about Chimera Investment (NYSE:CIM) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Chimera Investment earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned press coverage about the real estate investment trust an impact score of 47.3872462471215 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s rankings:
CIM stock opened at $17.22 on Friday. The company has a debt-to-equity ratio of 2.64, a quick ratio of 0.02 and a current ratio of 0.02. The firm has a market capitalization of $3,252.86, a PE ratio of 7.36 and a beta of 0.51. Chimera Investment has a twelve month low of $15.77 and a twelve month high of $20.85.
Chimera Investment (NYSE:CIM) last posted its quarterly earnings results on Wednesday, February 14th. The real estate investment trust reported $0.62 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.61 by $0.01. The company had revenue of $157.75 million for the quarter, compared to the consensus estimate of $148.90 million. Chimera Investment had a return on equity of 12.92% and a net margin of 46.07%. During the same quarter in the prior year, the business posted $0.65 EPS. analysts expect that Chimera Investment will post 2.4 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Monday, April 30th. Stockholders of record on Friday, March 30th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 11.61%. The ex-dividend date of this dividend is Thursday, March 29th. Chimera Investment’s dividend payout ratio (DPR) is currently 85.47%.
Several research analysts have issued reports on the company. ValuEngine downgraded Chimera Investment from a “strong-buy” rating to a “buy” rating in a report on Friday, February 2nd. Zacks Investment Research raised Chimera Investment from a “sell” rating to a “hold” rating in a research note on Tuesday. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $18.00 price target on shares of Chimera Investment in a research note on Friday, February 16th. Deutsche Bank raised Chimera Investment from a “hold” rating to a “buy” rating in a research note on Wednesday, January 31st. Finally, Credit Suisse Group raised Chimera Investment from a “neutral” rating to an “outperform” rating and increased their price target for the company from $18.01 to $19.00 in a research note on Thursday, January 25th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Chimera Investment presently has an average rating of “Buy” and a consensus price target of $18.75.
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Chimera Investment Company Profile
Chimera Investment Corporation operates as a real estate investment trust in the United States. The company, through its subsidiaries, invests in a portfolio of mortgage assets, including residential mortgage loans, agency and non-agency residential mortgage-backed securities, agency mortgage-backed securities secured by pools of commercial mortgage loans, commercial mortgage loans, and other real estate related securities.
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