Chimera Investment Corp (NYSE: CIM) on Tuesday, plunged -3.79% from the previous trading day, before settling in for the closing price of $15.31. Within the past 52 weeks, CIM’s price has moved between $11.28 and $16.89.
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During the last 5-year period, the sales drop of Real Estate Sector giant was -7.40%. The company achieved an average annual earnings per share of 15.61%. With a float of $79.19 million, this company’s outstanding shares have now reached $80.45 million.
Let’s determine the extent of company efficiency that accounts for 39 employees. In terms of profitability, gross margin is 92.18%, operating margin of 96.2%, and the pretax margin is 55.92%.
Chimera Investment Corp (CIM) Insider Activity
Observing investor behavior towards REIT – Mortgage industry stocks is more important than anything else. The insider ownership of Chimera Investment Corp is 2.09%, while institutional ownership is 47.02%. The most recent insider transaction that took place on Jun 17 ’24, was worth 130,700. In this transaction Director of this company bought 10,000 shares at a rate of $13.07, taking the stock ownership to the 125,899 shares.
Chimera Investment Corp (CIM) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 15.61% 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
Chimera Investment Corp (CIM) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.57. Likewise, its price to free cash flow for the trailing twelve months is 5.98.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.31, a number that is poised to hit 0.36 in the next quarter and is forecasted to reach 1.73 in one year’s time.
Technical Analysis of Chimera Investment Corp (CIM)
Looking closely at Chimera Investment Corp (NYSE: CIM), its last 5-days average volume was 0.7 million, which is a jump from its year-to-date volume of 0.61 million. As of the previous 9 days, the stock’s Stochastic %D was 49.71%. Additionally, its Average True Range was 0.41.
During the past 100 days, Chimera Investment Corp’s (CIM) raw stochastic average was set at 51.88%, which indicates a significant increase from 26.70% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.72% in the past 14 days, which was lower than the 29.91% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.57, while its 200-day Moving Average is $14.00. However, in the short run, Chimera Investment Corp’s stock first resistance to watch stands at $15.08. Second resistance stands at $15.42. The third major resistance level sits at $15.60. If the price goes on to break the first support level at $14.55, it is likely to go to the next support level at $14.37. Should the price break the second support level, the third support level stands at $14.03.
Chimera Investment Corp (NYSE: CIM) Key Stats
Market capitalization of the company is 1.19 billion based on 80,875K outstanding shares. Right now, sales total 772,900 K and income totals 126,100 K. The company made 195,300 K in profit during its latest quarter, and 136,460 K in sales during its previous quarter.
