Equity Overview
Price & Market Data
Price: $13.21
Daily Change: +$0.28 / 2.12%
Daily Range: $13.00 - $13.41
Market Cap: $1,078,394,752
Daily Volume: 4,639
Performance Metrics
1 Week: 2.21%
1 Month: -4.79%
3 Months: 1.97%
6 Months: -3.44%
1 Year: 18.52%
YTD: 4.02%
Company Details
Employees: 423
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. It operates in two segments, Investment Portfolio and Residential Origination. The company, through its subsidiaries, invests in, originates, and manages a portfolio of mortgage assets, including residential mortgage loans, non-agency mortgage-backed securities, agency mortgage-backed securities, business purpose loans, investor loans, mortgage servicing rights, and other real estate-related assets. It also invests in investment grade, non-investment grade, and non-rated securities. In addition, the company offers third-party advisory services. 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.