CHIMERA INVESTMENT CORP (CIM)
Financials · Mortgage REIT · NYSE
Chimera is an internally managed mortgage REIT that generates returns through a diversified portfolio of residential and commercial mortgage securities, loans, and servicing rights, while also originating Non-QM and business purpose mortgages through its HomeXpress subsidiary.
What CHIMERA INVESTMENT CORP does
Chimera Investment Corporation is a diversified real estate investment trust (REIT) that invests in residential mortgage assets, including Non-Agency and Agency mortgage-backed securities (RMBS/CMBS), residential mortgage loans, and mortgage servicing rights, while generating net interest income and fees from its internal investment portfolio and third-party advisory services. Through its wholly-owned subsidiary HomeXpress, the company originates consumer Non-Qualified Mortgage (Non-QM) and investor business purpose residential mortgage loans, as well as qualified mortgages and agency-conforming loans. The company operates as a fully integrated mortgage business combining origination, management, and investment activities.
Themes: ["Residential mortgage credit","Non-Agency RMBS investing","Agency mortgage-backed securities","Mortgage origination and servicing","Net interest income optimization","Investment management and advisory services","Real estate credit analysis"]
Fundamentals
- Price$13.11 as of 2026-07-09 close
- Market cap$1.1B as of 2026-07-10
- 1-year return-7.9% as of 2026-07-09 close
- P/E57.04 as of 2026-07-10
- Net margin+2.5% as of 2026-07-10
- Gross margin+27.5% as of 2026-07-10
- ROE+0.8% as of 2026-07-10
- Debt / equity5.17 as of 2026-07-10
- Revenue growth (YoY)+3.0% as of 2026-07-10
- Beta1.77 as of 2026-07-10
Dividend: yield +13.7%; 2-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Interest rate and prepayment risk exposure on mortgage securities and loan portfolios, which could impact portfolio valuations and returns as market rates fluctuate","Credit risk on Non-Agency RMBS and residential mortgage loans held for investment, particularly sensitivity to housing market downturns and borrower defaults","Refinancing and liquidity risk from secured financing agreements and securitized debt obligations that require ongoing access to capital markets"]
Competitors & peers
- New York Mortgage Trust (NYMT)
- Invesco Mortgage Capital (IVR)
- ARMOUR Residential REIT (ARR)
- MFA Financial (MFA)
- Dynex Capital (DX)
- Annaly Capital Management (NLY)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.