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Chimera Investment Corp (CIM PR B) 8% CUM PREF USD25

Sell:$25.30 Buy:$25.40 Change: $0.0739 (0.29%)
Market closed |  Prices as at close on 21 November 2024 | Switch to live prices |
Sell:$25.30
Buy:$25.40
Change: $0.0739 (0.29%)
Market closed |  Prices as at close on 21 November 2024 | Switch to live prices |
Sell:$25.30
Buy:$25.40
Change: $0.0739 (0.29%)
Market closed |  Prices as at close on 21 November 2024 | Switch to live prices |
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Business summary

Chimera Investment Corporation is a real estate investment trust (REIT). The Company is primarily engaged in the business of investing in a diversified portfolio of mortgage assets, including residential mortgage loans, agency residential mortgage-backed securities (RMBS), non-agency RMBS, agency commercial mortgage-backed securities (CMBS), and other real estate-related assets. The Company invests in residential mortgage loans through secondary market purchases from banks, non-bank financial institutions, and agencies. Its residential mortgage loan portfolio is comprised of residential mortgage loans, business purpose loans, and investor loans. It also invests in investment grade, non-investment grade and non-rated non-agency RMBS. The Company is focused on investing in commercial mortgage loans consisting of first or second lien loans secured by multifamily properties. It is also focused on investing in securities issued in various collateralized debt obligations (CDOs), and others.

Contact details

Address:
520 Madison Avenue, 32Nd Floor
NEW YORK
10022
United States
Telephone:
+1 (212) 6262300
Website:
https://www.chimerareit.com/

Important dates

Future events
There are no future events available.
Past events
There are no past events available.

General stock information

Short code:
CIM PR B
ISIN:
US16934Q4064
Market cap:
$1.17 billion
Shares in issue:
80.88 million
Sector:
Mortgage REITs
Exchange:
New York Stock Exchange
Country:
United States
Currency:
US dollar
Indices:
n/a

Key personnel

  • Phillip Kardis
    President, Chief Executive Officer, Director
  • Subramaniam Viswanathan
    Chief Financial Officer
  • Jack Macdowell
    Chief Investment Officer
  • Daniel Thakkar
    Chief Credit & Risk Officer
  • Miyun Sung
    Chief Legal Officer, Corporate Secretary

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Business summary, contact details and key personnel provided by Thomson Reuters. Important dates provided by Digital Look Ltd. General stock information provided by Reuters.

Share

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.