CHIMERA INVT CO/SH NEW (NYSE:CIM) is scheduled to be posting its quarterly earnings results before the market opens on Wednesday, February 13th. Analysts expect CHIMERA INVT CO/SH NEW to post earnings of $0.56 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.
Shares of CHIMERA INVT CO/SH NEW stock opened at $19.07 on Tuesday. CHIMERA INVT CO/SH NEW has a 12-month low of $16.46 and a 12-month high of $19.32. The firm has a market cap of $3.58 billion, a P/E ratio of 8.15 and a beta of 0.58. The company has a quick ratio of 0.02, a current ratio of 0.02 and a debt-to-equity ratio of 2.30.
A number of research analysts have issued reports on CIM shares. Zacks Investment Research downgraded CHIMERA INVT CO/SH NEW from a “buy” rating to a “hold” rating in a research note on Thursday, January 3rd. Deutsche Bank upgraded CHIMERA INVT CO/SH NEW from a “hold” rating to a “buy” rating and reduced their price objective for the company from $19.00 to $18.50 in a research note on Wednesday, October 24th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $19.38.
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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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