Market Overview

Jefferies Maintains Hold on Chimera Investment


Jefferies is out with its report today on Chimera Investment (NYSE: CIM), maintaining Hold.

In a note to clients, Jefferies writes, "With the exception of the 60-day+ bucket, delinquencies continued to show Y/Y improvement. The 60-day and greater delinquency category (this category captures foreclosures and bankruptcies), continues to cure as we suspect foreclosure inventory is working its way out of the system. In general, we view credit as behaving relatively well, however, early stage delinquencies will be the most important delinquency data points for us over the next several months"

At the time of posting, shares of CIM were trading at $3.49, down 0.85% from Friday's close.

Posted-In: Chimera Investment JefferiesAnalyst Color Analyst Ratings


Related Articles (CIM)

View Comments and Join the Discussion!

Latest Ratings

JBLGoldman SachsUpgrades0.0
JRVRKeefe Bruyette & WoodsDowngrades40.0
ADMPB. Riley FBRDowngrades2.5
EAFVertical GroupDowngrades9.0
View the Latest Analytics Ratings
Don't Miss Out!
Join Our Newsletter
Subscribe to:
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
Your weekly roundup of hot topics in the exciting world of fintech.
Thank You
for registering for Benzinga’s newsletters and alerts.
• The Daily Analysts Ratings email will be received daily between 7am and 10am.
• The Market in 5 Minutes email will be received daily between 7am and 8am.
• The Fintech Focus email will be received every Friday between 2pm and 5pm.

BP, Deere, Devon, PNC Financials, ING Breaking Below 200-Day Moving Average

DAS Trader: Taking the Risk Out of Risk Management