Chimera Investment Corporation
CIM-PA
New York Stock Exchange21.72
USD
+0.04
- -
CIK
0001409493
ISIN
US16934Q3074
CUSIP
16934Q307
Return %
Stock
S&P500
1Y
2.43
26.84
3Y
10.96
77.03
5Y
-14.47
80.55
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Phillip John Kardis
- Full Time Employees
- 77
- Sector
- Real Estate
- Industry
- REIT - Mortgage
- Address
- 630 Fifth Avenue New York City NY United States of America 10111
- IPO Date
- Oct 7, 2016
- CIK
- 0001409493
- Website
- chimerareit.com
- Similar Companies
- Business
- Chimera Investment Corporation operates as a hybrid mortgage real estate investment trust (REIT) primarily engaged in investing in a diversified portfolio of residential mortgage assets, including residential mortgage loans, agency and non-agency residential mortgage-backed securities (RMBS), agency mortgage-backed securities secured by pools of commercial mortgage loans, business purpose and investor loans, and related real estate securities. The company employs securitizations as a funding strategy, creating senior and subordinate notes to enhance returns and mitigate risks. Chimera holds investment-grade, non-investment grade, and non-rated mortgage-related securities, focusing on credit flexibility and portfolio diversification with a substantial portion of assets in residential mortgage loans. Founded in 2007 and headquartered in New York, Chimera operates primarily in the United States through its subsidiaries. The company targets institutional and third-party investors in the residential mortgage credit markets. The firm actively manages its portfolio for income generation and capital appreciation within the real estate finance segment. Recent major developments include Chimera's completion in December 2024 of its acquisition of Palisades Group, a U.S.-based alternative asset manager specializing in residential real estate credit. This acquisition is projected to expand Chimera’s residential credit reach and diversify income streams, with Jack Macdowell Jr., co-founder and Chief Investment Officer of Palisades, joining Chimera as Chief Investment Officer. In addition, Chimera completed the acquisition of HomeXpress Mortgage Corp in late 2025, reinforcing its mortgage origination capabilities. The company also issued senior notes due 2029 in multiple offerings totaling over $100 million to support these acquisitions and for general corporate purposes, signaling strategic growth and balance sheet management. Chimera focuses on managing a portfolio comprising both agency and non-agency mortgage assets with an emphasis on credit quality and yield enhancement. Its mortgage portfolio includes a variety of residential loans and mortgage-backed securities, enhanced by securitization financing and active liability management. The company maintains a strategic emphasis on expanding its presence in the residential mortgage credit sector through acquisitions and capital market transactions, positioning itself for growth in 2026 and beyond.