Chimera Investment (NYSE:CIM) Posts Quarterly Earnings Results, Beats Estimates By $0.03 EPS

Chimera Investment (NYSE:CIM) issued its earnings results on Wednesday. The real estate investment trust reported $0.53 EPS for the quarter, beating the consensus estimate of $0.50 by $0.03, FiscalAI reports. The firm had revenue of $72.01 million during the quarter, compared to the consensus estimate of $80.77 million. Chimera Investment had a net margin of 4.27% and a return on equity of 7.36%.

Here are the key takeaways from Chimera Investment’s conference call:

• Chimera raised its quarterly dividend by 22% to $0.45, and the board expects to maintain that level for the remainder of 2026, signaling management confidence in distributable earnings.
• The company completed the acquisition of Home Express, which originated $1.04 billion in Q4 with $11 million of EBITDA, and management expects synergies plus securitization/retention strategies to boost fee and gain-on-sale income.
• Management generated over $600 million of redeployable capital through asset sales and securitization actions and materially increased Agency RMBS exposure (now ~16%) to improve liquidity and earnings power.
• GAAP book value ended Q4 at $19.70 (down ~2.7% in the quarter), Q4 GAAP net income was only $7 million, total leverage is elevated at 5.1x, and cash/unencumbered assets fell to $528 million after the Home Express purchase—risks that could pressure the stock if earnings or capital metrics deteriorate.
• For 2026 the company will continue to prioritize Agency MBS, MSRs, and fee-based businesses and cites robust non‑QM demand, but the ultimate impact on sustained fee growth and book value depends on execution and market conditions.

Chimera Investment Stock Up 9.7%

Shares of CIM traded up $1.19 during trading on Wednesday, reaching $13.49. The company’s stock had a trading volume of 503,123 shares, compared to its average volume of 805,997. The company has a market cap of $1.12 billion, a price-to-earnings ratio of -33.95 and a beta of 1.84. The company has a quick ratio of 8.22, a current ratio of 8.22 and a debt-to-equity ratio of 4.75. The company has a fifty day moving average of $12.78 and a two-hundred day moving average of $13.10. Chimera Investment has a twelve month low of $9.85 and a twelve month high of $14.88.

Chimera Investment Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Shareholders of record on Wednesday, December 31st were given a $0.37 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $1.48 annualized dividend and a yield of 11.0%. Chimera Investment’s dividend payout ratio (DPR) is -370.00%.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. UBS Group decreased their target price on Chimera Investment from $16.00 to $15.50 and set a “buy” rating on the stock in a research report on Tuesday, November 18th. Wall Street Zen raised Chimera Investment from a “sell” rating to a “hold” rating in a research note on Saturday, November 8th. Royal Bank Of Canada downgraded shares of Chimera Investment from an “outperform” rating to a “sector perform” rating and set a $13.00 price objective on the stock. in a report on Tuesday, December 9th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Chimera Investment in a research note on Monday, December 29th. One analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $14.50.

Institutional Investors Weigh In On Chimera Investment

Large investors have recently added to or reduced their stakes in the stock. Tower Research Capital LLC TRC boosted its position in shares of Chimera Investment by 92.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 7,140 shares of the real estate investment trust’s stock valued at $99,000 after purchasing an additional 3,423 shares in the last quarter. BNP Paribas Financial Markets boosted its holdings in shares of Chimera Investment by 59.2% during the 2nd quarter. BNP Paribas Financial Markets now owns 7,686 shares of the real estate investment trust’s stock worth $107,000 after buying an additional 2,857 shares during the period. WINTON GROUP Ltd bought a new position in Chimera Investment during the fourth quarter worth $154,000. Sherbrooke Park Advisers LLC bought a new stake in shares of Chimera Investment in the 3rd quarter worth approximately $199,000. Finally, Dynamic Technology Lab Private Ltd bought a new stake in Chimera Investment in the third quarter valued at about $210,000. 48.44% of the stock is owned by institutional investors and hedge funds.

Chimera Investment Company Profile

Chimera Investment Corporation (NYSE: CIM) is a publicly traded real estate investment trust that specializes in investing in residential mortgage assets. The company’s portfolio primarily consists of agency and non-agency residential mortgage-backed securities, whole loan residential mortgages and other mortgage-related assets. As a REIT, Chimera Investment aims to generate attractive risk-adjusted returns through its focus on high-quality collateral and disciplined risk management.

The firm’s core business activities include identifying and acquiring portfolios of residential mortgage loans and securities from financial institutions and in the secondary market.