Equity Overview
Price & Market Data
Price: $11.72
Daily Change: +$0.14 / 1.19%
Range: $11.48 - $11.76
Market Cap: $948,412,864
Volume: 283,171
Performance Metrics
1 Week: 6.45%
1 Month: -11.95%
3 Months: -17.93%
6 Months: -25.35%
1 Year: -4.95%
YTD: -16.29%
Company Details
Employees: 77
Sector: Finance
Industry: Real estate investment trusts
Country: United States
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.