Equity Overview
Price & Market Data
Price: $13.54
Daily Change: -$0.05 / 0.37%
Daily Range: $13.45 - $13.65
Market Cap: $1,125,870,080
Daily Volume: 675,272
Performance Metrics
1 Week: 2.11%
1 Month: 4.31%
3 Months: 14.07%
6 Months: -2.10%
1 Year: -2.17%
YTD: 8.93%
Company Details
Employees: 423
Sector: Finance
Industry: Real estate investment trusts
Country:
Details
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 residential mortgage-backed securities, non-agency residential mortgage-backed securities, agency mortgage-backed securities secured by pools of commercial mortgage loans, business purpose and investor loans, residential transition loans, and other real estate related securities. It invests in investment grade, non-investment grade, and non-rated securities. The company qualifies as a REIT for federal income tax purposes. As a REIT, it intends to distribute at least 90% of its taxable income as dividends to shareholders. Chimera Investment Corporation was incorporated in 2007 and is headquartered in New York, New York.