Chimera Investment Corporation
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Phillip John Kardis
- Full Time Employees
- 423
- Sector
- Real Estate
- Industry
- REIT - Mortgage
- Address
- One Rockefeller Plaza New York City NY United States of America 10020
- IPO Date
- Nov 29, 2007
- CIK
- 0001409493
- Website
- chimerareit.com
- Similar Companies
- Business
- Chimera Investment Corporation is an internally managed real estate investment trust (REIT) founded in 2007 and headquartered in New York City. The company specializes in investing in a diversified portfolio of mortgage-related assets, including residential mortgage loans, agency and non-agency residential mortgage-backed securities (RMBS), commercial mortgage-backed securities (CMBS), business purpose and investor loans, residential transition loans, and other real estate-related securities. Through securitization and leverage, Chimera aims to create long-term value for shareholders by maintaining flexibility in portfolio allocation and liability management. Chimera serves primarily the United States market and targets homeowners, residential property investors, commercial property owners, and investors seeking a range of mortgage-related investment products. Its core business segments include direct investments in mortgage loans and securities and third-party investment management and advisory services. The company focuses on generating stable and sustainable returns through active portfolio management, rigorous risk evaluation, and capital structure optimization. Recent major developments include the strategic acquisition of HomeXpress Mortgage Corporation, a leading non-QM and investor business purpose mortgage originator based in Santa Ana, California. HomeXpress operates as a subsidiary under Chimera's taxable REIT subsidiary, Chimera Funding TRS, with its current management team retained. This acquisition advances Chimera's transition toward a diversified hybrid residential mortgage REIT. Additionally, Chimera completed a $120 million senior notes offering in 2025 to strengthen its financial position, bearing an 8.875% interest rate maturing in 2030. Overall, Chimera Investment Corporation operates with a strategy to balance investments across a broad mortgage asset base, including agency RMBS, non-agency RMBS, mortgage loans, and commercial mortgage-backed securities, leveraging securitization and debt financing to enhance returns. The company's evolution includes expanding third-party advisory businesses and portfolio diversification to improve resilience and adaptability in a volatile market environment, positioning Chimera as a leading specialty finance company in the mortgage REIT sector. Chimera is publicly traded on the NYSE under the ticker CIM, following its 2007 IPO, and maintains regulatory compliance as a REIT for federal income tax purposes, distributing the majority of its taxable income as dividends to shareholders. The company is led by CEO Phillip Kardis II and continues to execute on its mission to provide attractive risk-adjusted returns through active asset management and strategic acquisitions.
Company News
Chimera Investment PFDs Update: CIM-C Now Gets The Buy Rating
9% Dividend Yield Looks Great Until You See 10% From Chimera
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Chimera Investment: 15% Yield May Not Be A Red Flag
Chimera Investment Q2 Earnings Call Highlights
Chimera Investment Corporation (CIM) Q2 2026 Earnings Call Transcript
CHIMERA INVESTMENT CORPORATION'S SECOND QUARTER EARNINGS MAINTAIN SUPPORT FOR $0.45 DIVIDEND
Chimera Declares Third Quarter 2026 Preferred Stock Dividends
Caxton Associates LLP Sells 52,762 Shares of Chimera Investment Corporation $CIM
Chimera Investment Corporation Announces Second Quarter 2026 Earnings Release and Conference Call Date
Chimera Investment Corporation Announces Second Quarter 2026 Earnings Release and Conference Call Date
10% Dividend Yields From Chimera Preferred Shares Offer Trading Opportunities
CIM Group's Permanent Power Company Closes Approximately $600M Construction Financing Facility for Grape Solar and Energy Storage Project
Karta Raises $140M led by Galaxy Ventures and Community Investment Management LLC (“CIM”) to Bring U.S. Credit Cards to Global Travelers
CIM Group Signs Lease with Varuni Napoli to Bring Authentic Neapolitan Pizzeria to Centennial Yards
Chimera Declares $0.45 Per Share Second Quarter 2026 Common Stock Dividend
Chimera: Credit Quality Assessment, Baby Bonds And Preferred Shares As Of Q1 2026
Chimera Preferred A: Reliable High Yield At A Discount
Earnings High Fliers And Busts
Chimera Investment Q1 Earnings Call Highlights