CIM News and Press, Chimera Investment Corporation From 06/11/24

2024-06-11 23:37:55 ET Summary Part 1 of this article compares RITM’s recent investment composition, leverage, hedging coverage ratio, quarterly BV, economic return (loss), and current valuation to 19 mREIT peers. Due to what has occurred during the second quarter of 2024 (...

2024-06-11 01:49:34 ET Summary We spotted a new baby bond that was particularly appealing. A discount to face value drove yields higher. When we consider these high-yielding investments, it's important to carefully compare them with other opportunities. We'll do that here. We ...

2024-06-03 21:03:52 ET Summary M&T Bank, Citizens Financial Group, AG Mortgage Investment Trust, Chimera Investment Corporation, and Southern California Edison priced new offerings of preferred stock and senior notes. The new shares and notes were rated by various credit ratin...

2024-05-31 12:13:49 ET Summary Chimera Investment Corporation has issued $65 million in 9.000% senior notes due 2029, listed on the NYSE under the ticker CIMN. The issuance provides an attractive low-cost funding option for CIM, compared to raising funds through preferred equity. ...

2024-05-27 09:07:56 ET Summary Mortgage REITs are becoming more attractive as the central bank plans to lower interest rates and reduce financing costs. Chimera Investment Corporation is selling at a significant discount to book value and offers an 11% stock yield. The company...

2024-05-24 10:38:57 ET Chimera Investment Corporation (NYSE:CIM) has underperformed most mortgage REITs over the past year, with its stock reaching an all-time low below $11.50 as of May 24, 2024. This decline reflects a challenging environment for mortgage REITs, driven by rising inter...

2024-05-24 04:38:15 ET Summary Chimera Investment stock is at a 5-year low, but the discount to book value is too wide, making it a cheap investment opportunity. The company primarily invests in mortgage assets, with a focus on residential loans that have a strong track record of ...

2024-05-23 12:00:05 ET More on Real Estate: XLRE: Quality Beats Quantity Once Again Apartment REITs see marginal increase in Q1 occupancy rates Real estate stocks continue to surge as soft inflation reports fuel rate cut hopes Seeking Alpha’s Quant Rat...

Chimera Investment Corporation (NYSE: CIM) (the “Company”) announced today that it has closed its previously announced underwritten public offering of $65 million aggregate principal amount of its 9.000% senior notes due 2029 (the “Notes”). The Company has applied to l...

2024-05-21 09:02:04 ET Chimera Investment Corp (CIM) announced stock split at a ratio of 1-for-3 on 2024-05-22 ... Full story available on KlickAnalytics.com