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Chimera Investment Corporation CIM

Listed / Traded Mortgage NYSE Mgmt:

Chimera is a diversified real estate company that invests in, originates, and manages primarily residential real estate assets. The assets we may invest in for ourselves and manage for others through our wholly-owned subsidiary Palisades Advisory Services, LLC, include residential mortgage loans, Non-Agency RMBS, Agency RMBS, RTLs, Investor Loans, MSRs and other real estate-related assets such as Agency CMBS, junior liens and HELOCs, equity appreciation rights, and reverse mortgages. Also, through our wholly-owned subsidiary, HomeXpress Mortgage Corp., we primarily originate non-QM residential mortgage loans (both consumer loans and Investor Loans) as well as a smaller amount of QM residential mortgage loans.

Snapshot

Price
$13.27
Market cap
$1.11B
Enterprise value
$13.37B
Dividend yieldi
13.56%
Annual dividendi
$1.80
Frequency
Quarterly
FFO / sharei
Not reported (common for mortgage REITs)
EAD / sharei
$0.54 · Q1 2026
Net debt / EBITDAi
26.20x · GAAP est.
Op. cash flow / sharei
$-2.96
Price / OCFi
-4.48
Payout (% of OCF)i
-60.71%
Debt / book capitali
83.79%
Premium / disc. to NAVi
No free consensus-NAV source
Credit ratingi
No free ratings feed

Reported FFO / EAD / leverage are from the Q1 2026 earnings release (filed 2026-05-07) — 8-K, EX-99.1.

Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.

Balance sheet (latest FY: 2025)

Total debt
$13.07B
Cash
$278.58M
Net debt / EBITDAi
26.20x
Debt / book capitali
83.79%
Total assets
$15.81B
Total equity
$2.57B
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Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.

Financial history

FYRevenueNet incomeD&A EBITDAOp. cash flow
2025 $820.77M $230.50M $7.18M $794.87M $-248.88M
2024 $257.93M $176.06M $321.00K $672.71M $205.67M
2023 $204.77M $126.10M $0.00 $635.75M $213.27M
2022 $-415.21M $-513.07M $61.49M $-118.54M $325.72M
2021 $1.06B $670.11M $70.58M $1.07B $519.18M
2020 $226.40M $88.85M $102.56M $102.56M $257.90M

Dividends

Ex-dateRecordPaymentDeclaredAmountFreq.
2026-06-302026-06-302026-07-31 2026-06-11$0.45Quarterly
2026-03-312026-03-312026-04-30 2026-02-10$0.45Quarterly
2025-12-312025-12-312026-01-30 2025-12-18$0.37Quarterly
2025-09-302025-09-302025-10-31 2025-09-18$0.37Quarterly
2025-06-302025-06-302025-07-31 2025-06-11$0.37Quarterly
2025-03-312025-03-312025-04-30 2025-03-20$0.37Quarterly
2024-12-312024-12-312025-01-31 2024-12-19$0.37Quarterly
2024-09-302024-09-302024-10-31 2024-09-19$0.37Quarterly
2024-06-282024-06-282024-07-31 2024-06-13$0.35Quarterly
2024-04-052024-04-082024-04-30 2024-03-28$0.11Quarterly
2023-12-282023-12-292024-01-31 2023-11-02$0.11Quarterly
2023-09-282023-09-292023-10-31 2023-08-03$0.18Quarterly
2023-06-292023-06-302023-07-31 2023-06-14$0.18Quarterly
2023-03-302023-03-312023-04-27 2023-02-02$0.23Quarterly
2022-12-292022-12-302023-01-31 2022-11-17$0.23Quarterly
2022-09-292022-09-302022-10-31 2022-09-21$0.23Quarterly
2022-06-292022-06-302022-07-28 2022-05-04$0.33Quarterly
2022-03-302022-03-312022-04-28 2022-02-17$0.33Quarterly
2021-12-292021-12-302022-01-27 2021-12-02$0.33Quarterly
2021-09-292021-09-302021-10-28 2021-09-13$0.33Quarterly
2021-06-292021-06-302021-07-30 2021-05-05$0.33Quarterly
2021-03-302021-03-312021-04-30 2021-03-11$0.30Quarterly
2020-12-292020-12-302021-01-29 2020-12-01$0.30Quarterly
2020-09-282020-09-292020-10-29 2020-09-15$0.30Quarterly

Coverage (payout of operating cash flow): -60.71%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).

Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.

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