Market Overview

Recap: Chimera Investment Q1 Earnings



Shares of Chimera Investment (NYSE:CIM) rose 1.1% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share were flat year over year to $0.57, which beat the estimate of $0.45.

Revenue of $158,183,000 higher by 7.29% from the same period last year, which beat the estimate of $132,970,000.


Chimera Investment hasn't issued any earnings guidance for the time being.

Chimera Investment hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: May 06, 2020

Time: 03:00 PM ET

Webcast URL:

Price Action

52-week high: $22.98

Company's 52-week low was at $6.42

Price action over last quarter: down 64.38%

Company Description

Chimera Investment Corporation is a real estate investment trust primarily engaged in investing in a portfolio of mortgage assets on a leveraged basis. These investments include a variety of government-sponsored agency residential mortgage-backed securities, or RMBS, non-agency RMBS, agency commercial mortgage-backed securities, residential mortgage loans, and other real estate-related securities. Agency mortgage-backed securities represent the largest share of this portfolio, while subprime residential mortgage loans and non-agency RMBS also make up substantial shares. A significant percentage of these securities are backed by properties in California. Chimera generates nearly all of its income from interest payments derived from its investments.


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Posted-In: Earnings News