Chimera Investment Corp (CIM) recent activity suggests a positive outlook with the last week’s performance of -5.07%

Chimera Investment Corp (NYSE: CIM) kicked off on Monday, down -0.23% from the previous trading day, before settling in for the closing price of $4.32. Over the past 52 weeks, CIM has traded in a range of $4.17-$6.49.

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It was noted that within the last five years, the titan of the Real Estate sector saw sales slided by -7.40%. While this was happening, its average annual earnings per share was recorded 39.86%. With a float of $235.37 million, this company’s outstanding shares have now reached $241.36 million.

The extent of productivity of a business whose workforce counts for 39 workers is very important to gauge.

Chimera Investment Corp (CIM) Insider and Institutional Ownership

Our next focus will be how large-scale investors are participating in this stock of the REIT – Mortgage Industry. The insider ownership of Chimera Investment Corp is 2.48%, while institutional ownership is 50.40%.

Chimera Investment Corp (CIM) Latest Financial update

In the latest quarterly report, which was put into the public domain on 12/30/2023, the organization reported $0.13 earnings per share (EPS), lower than consensus estimate (set at $0.17) by -$0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.12 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 39.86% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -2.54% during the next five years compared to -35.15% drop over the previous five years of trading.

Chimera Investment Corp (NYSE: CIM) Trading Performance Indicators

Take a look at Chimera Investment Corp’s (CIM) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.45. Likewise, its price to free cash flow for the trailing twelve months is 4.88.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.22, a number that is poised to hit 0.17 in the next quarter and is forecasted to reach 0.63 in one year’s time.

Technical Analysis of Chimera Investment Corp (CIM)

The latest stats from [Chimera Investment Corp, CIM] show that its last 5-days average volume of 1.48 million was inferior to 1.95 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 8.35%. Additionally, its Average True Range was 0.13.

During the past 100 days, Chimera Investment Corp’s (CIM) raw stochastic average was set at 11.29%, which indicates a significant increase from 6.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.40% in the past 14 days, which was lower than the 35.45% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $4.52, while its 200-day Moving Average is $5.18. Now, the first resistance to watch is $4.36. This is followed by the second major resistance level at $4.41. The third major resistance level sits at $4.44. If the price goes on to break the first support level at $4.27, it is likely to go to the next support level at $4.24. The third support level lies at $4.19 if the price breaches the second support level.

Chimera Investment Corp (NYSE: CIM) Key Stats

The company with the Market Capitalisation of 1.04 billion has total of 241,362K Shares Outstanding. Its annual sales at the moment are 772,900 K in contrast with the sum of 126,100 K annual income. Company’s last quarter sales were recorded 191,200 K and last quarter income was 30,540 K.