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.
| Horizon | Bear case (−1σ) | Base case | Bull case (+1σ) |
|---|---|---|---|
| 1 Month | $7.85 (-7.4%) | $8.48 | $9.16 (+8.0%) |
| 3 Months | $7.42 (-12.5%) | $8.48 | $9.70 (+14.3%) |
| 6 Months | $7.02 (-17.3%) | $8.48 | $10.25 (+20.9%) |
| 12 Months | $6.49 (-23.5%) | $8.48 | $11.09 (+30.7%) |