Does Chimera Investment Corporation (CIM) Have A Risk Factor?

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The stock of Chimera Investment Corporation (NYSE:CIM) increased by $0.01 on Wednesday to $6.55, up 0.23 percent. The last five days have seen an average of 1,497,144 shares of common stock traded. 2 times new highs were reached in the current year, with a fall of -$8.49. The average number of shares traded over the last 20 days was 2,403,281, while the average volume over the last 50 days totaled 3,350,370.

CIM stock appreciated 10.85% since last month. On 10/24/22, the company’s shares reached a one-month low of $5.74. The stock touched a high of $16.81 on 01/04/22, after rallying from a low of $4.91 in 52 weeks. The price of CIM stock has declined by -56.63% or -$8.49 this year, reaching a new high 2 times. Still, the stock price is down -61.01% from the 52-week high.


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Valuation Metrics

Beta for the stock is 1.40. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 1.97, the price-to-book (PB) ratio of 0.57, and the price-to-cash flow ratio of 15.82.

Company paid $0.23 per share in dividends, remained unchanged from $0.23 last year. A $0.10 dividend decrease was reported on Wednesday September 21 2022.

Financial Health

The company’s long-term debt to equity ratio for the quarter ending September 29 is 2.80, and the total debt to equity ratio is 3.87. As far as profitability goes, gross margin for the trailing twelve months is 57.30% percent. Chimera Investment Corporation’s operating margin stood at -77.00% for the same period. Based on annual data, it had gross profit of $979.21 million and revenue of $937.55 million.

Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. CIM’s return on assets (ROA) during the last 12 months has been -4.60%. There was a 4.50% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -21.00%.

Earnings Surprise

According to Chimera Investment Corporation’s quarterly financial report for the quarter that ended September 29. A lower net income was reported in the quarter under review than the previous quarter. It was predicted that Chimera Investment Corporation’s quarterly earnings would be $0.27, but it ended up being $0.28, beating the consensus by -3.60%. EBITDA was -$160.52 million for the quarter. At the end of Chimera Investment Corporation’s most recent quarter ended September 29, its total debt was $10.26 billion. Equity owned by shareholders amounts to $231.75 million.

Technical Picture

Here’s a quick look at Chimera Investment Corporation’s (CIM) price momentum from a technical perspective. As of 22 November, the RSI 9-day stood at 57.10%, suggesting the stock is Neutral, with a 29.72% historical volatility rate.

The stochastic %K and %D were 66.89% and 61.48% respectively, while the average true range (ATR) was 0.27. Based on the 14-day stochastic reading of 69.59%, the RSI (14) reading is 54.37%. On the 9-day MACD Oscillator, the stock is at -0.04, and the 14-day reading is at 0.05.

Analyst Ratings

Chimera Investment Corporation (NYSE: CIM) was downgraded by Barclays to a an Underweight rating in its latest research report. The stock was previously rated as a an Equal weight.

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