Chimera Investment (NYSE:CIM) Hits New 12-Month Low – What’s Next?

Posted by Francis Steltz on Aug 26th, 2026

Chimera Investment Corporation (NYSE:CIM – Get Free Report) shares hit a new 52-week low during trading on Wednesday . The stock traded as low as $11.46 and last traded at $11.4550, with a volume of 217914 shares traded. The stock had previously closed at $11.61.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. Wall Street Zen raised Chimera Investment from a “sell” rating to a “hold” rating in a research note on Sunday, June 28th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $14.00 price target on shares of Chimera Investment in a research note on Wednesday, June 3rd. Weiss Ratings raised Chimera Investment from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday, August 17th. Finally, Keefe, Bruyette & Woods reduced their price objective on Chimera Investment from $15.00 to $14.00 and set a “market perform” rating on the stock in a research note on Thursday, August 6th. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $14.50.

View Our Latest Stock Analysis on CIM

Chimera Investment Stock Down 1.4%

The firm’s 50 day moving average price is $12.63 and its two-hundred day moving average price is $13.06. The company has a debt-to-equity ratio of 2.34, a current ratio of 0.07 and a quick ratio of 0.07. The firm has a market cap of $958.06 million, a price-to-earnings ratio of -11.22 and a beta of 1.67.

Chimera Investment (NYSE:CIM – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The real estate investment trust reported $0.46 earnings per share for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.08). Chimera Investment had a return on equity of 9.82% and a net margin of 0.14%.The company had revenue of $94.77 million for the quarter, compared to analyst estimates of $95.30 million.

Chimera Investment Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, June 30th were issued a dividend of $0.45 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $1.80 annualized dividend and a dividend yield of 15.7%. Chimera Investment’s dividend payout ratio (DPR) is currently -176.47%.

Hedge Funds Weigh In On Chimera Investment

Institutional investors have recently bought and sold shares of the company. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in Chimera Investment during the second quarter worth about $1,194,000. California State Teachers Retirement System grew its holdings in Chimera Investment by 1,465.8% in the second quarter. California State Teachers Retirement System now owns 1,247,904 shares of the real estate investment trust’s stock valued at $16,647,000 after purchasing an additional 1,168,209 shares during the period. Nykredit A S purchased a new stake in shares of Chimera Investment during the 2nd quarter valued at $29,000. Wedbush Securities Inc. raised its holdings in shares of Chimera Investment by 15.6% in the 2nd quarter. Wedbush Securities Inc. now owns 38,978 shares of the real estate investment trust’s stock worth $520,000 after purchasing an additional 5,246 shares during the period. Finally, Thornburg Investment Management Inc. lifted its position in Chimera Investment by 0.7% during the second quarter. Thornburg Investment Management Inc. now owns 5,511,923 shares of the real estate investment trust’s stock valued at $73,529,000 after buying an additional 35,621 shares in the last quarter. 48.44% of the stock is owned by institutional investors and hedge funds.

About Chimera Investment

(Get Free Report)

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.