Chimera Investment Corporation (CIM)

Chimera Investment Corp. completed the acquisition of HomeXpress Mortgage Corp. for $240 million on October 1, 2025. On November 6, 2025, the company reported a GAAP net loss of ($0.27) per share for Q3 2025, leading to a stock price reduction and dividend cut. UBS maintained a "Buy" recommendation for CIM stock on November 19, 2025. Chimera declared its fourth-quarter 2025 cash dividend on December 18, 2025. CIM's stock has decreased over the last six months but has shown a recent increase since January 1, 2026, influenced by the volatile mortgage market, inflation, and interest rate fluctuations.

Demand seasonality for Chimera Investment Corporation is linked to macroeconomic factors, particularly the cycles of the mortgage and real estate markets, and the prevailing interest rate environment. The company's business is significantly affected by inflation, fixed-rate mortgages, and changes in the Federal Reserve's interest rates. Chimera aims to navigate these evolving credit and interest rate cycles, historically leveraging dislocations within the U.S. mortgage market to its advantage.

Chimera Investment Corporation is a hybrid mortgage REIT investing in a diversified portfolio of mortgage assets, focusing on generating income from the net interest spread. It operates in the Real Estate sector and REIT - Mortgage industry, investing in various mortgage loans and securities. Chimera is transitioning to a fully integrated mortgage finance platform, including loan origination, highlighted by the acquisition of HomeXpress Mortgage Corp.

Chimera Investment Corporation operates in the United States and is headquartered in New York, NY. HomeXpress Mortgage Corp., its subsidiary, operates across 46 states and the District of Columbia.

Chimera Investment Corporation has maintained a generally positive brand reputation in the past year. Sustainalytics assigned CIM a "Low" ESG Risk Rating and reported "None" for its "Highest Controversy Level," indicating an absence of severe controversies.

Institutional investors hold a substantial portion of Chimera Investment Corp.'s stock. Major institutional shareholders include Vanguard Group Inc., BlackRock, Inc., and Thornburg Investment Management Inc. Insiders hold a smaller percentage of the company's stock.