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 and non-agency residential mortgage-backed securities, agency mortgage-backed securities secured by pools of commercial mortgage loans, and other real estate related securities. It has elected to be taxed as a REIT and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its shareholders. The company was incorporated in 2007 and is headquartered in New York, New York.
IPO Year: 2007
Exchange: NYSE
Website: chimerareit.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
5/14/2025 | $15.00 | Neutral → Buy | UBS |
12/6/2023 | $5.50 | Neutral | UBS |
1/10/2022 | $11.00 → $14.00 | Underweight | Barclays |