Chimera Investment Corporation operates as a real estate investment trust (REIT) in the United States. The company, through its subsidiaries, invests in a portfolio of mortgage assets, including residential mortgage loans, agency residential mortgage-backed securities, non-agency residential mortgage-backed securities, agency mortgage-backed securities secured by pools of commercial mortgage loans, business purpose and investor loans, residential transition loans, and other real estate related securities. It invests in investment grade, non-investment grade, and non-rated securities. The company qualifies as a REIT for federal income tax purposes. As a REIT, it intends to distribute at least 90% of its taxable income as dividends to shareholders. Chimera Investment Corporation was incorporated in 2007 and is headquartered in New York, New York.
Metrics to compare | CIM | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipCIMPeersSector | |
---|---|---|---|---|
P/E Ratio | 9.0x | 1.9x | 9.6x | |
PEG Ratio | −2.31 | −0.06 | 0.03 | |
Price/Book | 0.4x | 0.6x | 1.0x | |
Price / LTM Sales | 3.5x | 3.3x | 2.9x | |
Upside (Analyst Target) | 11.4% | 35.0% | 11.2% | |
Fair Value Upside | Unlock | −0.6% | 1.9% | Unlock |