Earnings Forecast Research on Chimera Investment Corporation (CIM)

Chimera Investment Corporation has received $0.64 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 2 Financial Advisor in the Stock Trading Firms. Among 2 Analysts, Bottom line EPS Estimate for the current quarter is $0.61 while the top line estimate is $0.66 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 19.81%.

Chimera Investment Corporation reported better than expected with a surprise EPS of 21.43% or $0.12 during its most recent quarterly earnings. The Actual EPS was $0.68 compared to the Estimated EPS of $0.56. New York based Chimera Investment Corporation Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on Feb 15, 2017.

Chimera Investment Corporation has a Price to Earnings ratio of 7.7 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 1.09. For the Most Recent Fiscal Year, Chimera Investment Corporation has a price to cash ratio of 6.78. For the Trailing twelve month period, company showed a Net Profit Margin of 50.9% and Return on Equity of the stock is 14.6%.

In the last quarter, Chimera Investment Corporation reported Annual Earnings of $0.68. Based on the filings, last years Annual Earnings was, $2.37. In the last Quarter, CIM reported a surprise Earnings per Share of 21.43% . The consensus estimate for current quarter is $0.64 and for the current fiscal year, the estimate is $2.41. For the Next fiscal year, the estimate is $2.45 based on the consensus.

Chimera Investment Corporation (NYSE:CIM) stock ended Tuesday session in the red zone in a volatile trading. The stock closed down 0.08 points or 0.45% at $17.63 with 2,274,537 shares getting traded. Post opening the session at $17.73, the shares hit an intraday low of $17.16 and an intraday high of $17.75 and the price was in this range throughout the day. The company has a market cap of $3,310 million and the number of outstanding shares has been calculated to be 187,729,840 shares. The 52-week high of Chimera Investment Corporation (NYSE:CIM) is $18 and the 52-week low is $11.315.

Chimera Investment Corporation is a publicly traded real estate investment trust, or REIT, that is primarily engaged in real estate finance. It invests, either directly or indirectly through its subsidiaries, in RMBS, residential mortgage loans, Agency CMBS, commercial mortgage loans, real estate-related securities and various other asset classes. The company has elected and is organized and has operated in a manner that enables it to be taxed as a REIT under the Internal Revenue Code.


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