About
About Chimera Investment Corporation
Chimera Investment Corporation operates as a real estate investment trust (REIT) in the United States. It operates in two segments, Investment Portfolio and Residential Origination. The company, through its subsidiaries, invests in, originates, and manages a portfolio of mortgage assets, including residential mortgage loans, non-agency mortgage-backed securities, agency mortgage-backed securities, business purpose loans, investor loans, mortgage servicing rights, and other real estate-related assets. It also invests in investment grade, non-investment grade, and non-rated securities. In addition, the company offers third-party advisory services. The company qualifies as a REIT for federal income tax purposes. As a REIT, it intends to distribute at least 90% of its taxable income as dividends to shareholders. Chimera Investment Corporation was incorporated in 2007 and is headquartered in New York, New York.
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5 years, 4 months ago
Chimera Investment Corporation is currently in a long term uptrend where the price is trading 24.2% above its 200 day moving average.
From a valuation standpoint, the stock is 28.2% more expensive than other stocks from the Real Estate sector with a price to sales ratio of 12.7.
Chimera Investment Corporation's total revenue rose by 15.5% to $168M since the same quarter in the previous year.
Its net income has increased by 13.0% to $147M since the same quarter in the previous year.
Finally, its free cash flow fell by 63.2% to $77M since the same quarter in the previous year.
Based on the above factors, Chimera Investment Corporation gets an overall score of 3/5.