Chimera Investment Corporation is part of the REITs industry and trades as part of the real estate sector. The company CEO is Matthew Lambiase. Chimera Investment Corp is a real estate investment trust that invests in a portfolio of mortgage assets. Its investments include various government-sponsored agency such as residential mortgage-backed securities and commercial mortgage-backed securities.



Previous Intraday Performance:

The CIM shares had a previous change of 0.05% which opened at 18.95 and closed at 18.90. It moved to an intraday high of 18.96 and a low of 18.85.

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Historical Performance:

Over the last five trading days, CIM shares returned -0.58% and in the past 30 trading days it returned 4.02%. Over three months, it changed 5.32%. In one year it has changed 22.71% and within that year its 52-week high was 19.42 and its 52-week low was 16.88. CIM stock is 11.97% above its 52 Week Low.

Our calculations result in a 200 day moving average of 17.67 and a 50 day moving average of 18.51. Right now, CIM stock is trading 6.95% above its 200 day moving average.

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Liquidity:

The company has a market cap of $3.5b with 187.1m shares outstanding and a float of 184.4m shares. Trading volume was 710,530 shares and has experienced an average volume of 1,200,104 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for Chimera Investment Corporation was 1.96 which ended on 31st of December 2018, which according to the previous close, that is a PE of 9.64. Based on 2 analyst estimates, the consensus EPS for the next quarter is 0.56. The trailing twelve month EPS is 2.35, which comes to a trailing twelve month PE of 8.04. Historically, the PE high was 14.20 and the PE low was 4.20. If the stock reached its PE low, that would represent a price of 9.87, which is a decrease of -47.76%.

The dividend per share is currently 2.00, which is a dividend yield of 10.58%.

Base on our calculations, the intrinsic value per share is 18.21, which means it might overvalued by -3.76%

The next earnings report will be: 05-02-2019



EPS growth is an important number as it indicates the future prospects of Chimera Investment Corporation; it is usually expressed as a percentage and is then referred to as the EPS growth rate, which at this time is hard to estimate, but revenue growth has been -26.70% over the last twelve months.

Indicators Also to Watch:

Based on the latest filings, there is 1.40% of insider ownership and 69.00% of institutional ownership. Short-interest was 10,556,427, which was 5.64% of shares outstanding. The short-interest ratio or days-to-cover ratio was 7.54. This stock has a moderate level of short interest, but may still be a buying opportunity depending on other indicators.

I calculated the beta to be 0.51

SeekingAlpha:  Front-Running Easy Money

Fundamental Numbers:

Based on last reported financials, the company’s return on equity is 10.04%, return on assets is 1.51%, profit margin is 23.62%, price-to-sales is 4.83 and price-to-book is 0.95.

Company Score Card:

Results are out of six:
 2  : Growth Expectations Result
 1  : Financial Safety Result
 1  : Past Performance Result
 3  : Valuation Result
 4  : Dividend Safety Result
 2  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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