Currently, there are 80.88M common shares owned by the public and among those 78.35M shares have been available to trade.
The company’s stock has a 5-day price change of 4.84% and -10.96% over the past three months. CIM shares are trading 2.14% year to date (YTD), with the 12-month market performance down to -2.92% lower. It has a 12-month low price of $11.28 and touched a high of $16.89 over the same period. CIM has an average intraday trading volume of 526.02K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 1.19%, -1.89%, and 0.57% respectively.
Institutional ownership of Chimera Investment Corp (NYSE: CIM) shares accounts for 55.29% of the company’s 80.88M shares outstanding.
It has a market capitalization of $1.16B and a beta (3y monthly) value of 1.76. The stock’s trailing 12-month PE ratio is 4.31, while the earnings-per-share (ttm) stands at $3.31. The company has a debt-to-equity ratio at 3.93. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.89% over the week and 2.49% over the month.
Earnings per share for the fiscal year are expected to increase by 15.25%, and -5.03% over the next financial year.
Looking at the support for the CIM, a number of firms have released research notes about the stock. UBS stated their Neutral rating for the stock in a research note on December 06, 2023, with the firm’s price target at $5.50. Barclays coverage for the Chimera Investment Corp (CIM) stock in a research note released on December 10, 2020 offered a Underweight rating with a price target of $10. RBC Capital Mkts was of a view on October 03, 2019 that the stock is Outperform, while Credit Suisse gave the stock Neutral rating on August 21, 2019, issuing a price target of $19.50. Nomura on their part issued Buy rating on March 27, 2019.
