CIMP · Chimera Investment Corp
$24.84
-0.11 (-0.44%)
At close · Oct 23
Return incl. dividend (before tax)
Market Cap
$704.85M
Shares
83.71M
Volume · Oct 23
11.81K
Avg daily vol (3M)
9925
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$24.84
Open$24.90
Day$24.75–24.98
52W close$24.31–25.60
Avg vol 30d12K
Last earningsAug 5, 2026
DataSep 2025–Oct 2026
Filing10-Q · Aug 5
Up next
Next earnings call
Nov 4, 2026
Est · unconfirmed
· in 1 wks
filed Aug 5, 2026
call held Aug 5, 2026
AI Brief
Q2 FY26 earnings call · Aug 5, 2026
Q2 FY26
TL;DR. Chimera reported Q2 2026 EAD of $0.46 per share, covering the $0.45 dividend, while GAAP book value fell 3.2% quarter-over-quarter to $17.75 due to mark-to-market on the securitized loan portfolio; HomeXpress origination volume grew 30% year-over-year to $1.1 billion with net origination margin compressing to 124 basis points.
Bullish
- + HomeXpress Residential Origination volume grew 30% year-over-year to $1.1 billion in funded production.
- + Residential Origination segment generated $12 million of EBTDA, representing an annualized EBTDA ROE of 17.3%.
- + Re-securitized $487 million of legacy re-performing loans in two transactions and advanced plans for the inaugural HomeXpress securitization.
- + Agency MBS portfolio grew to $5.3 billion with specified pool exposure increased by $1.1 billion and TBA short positions reduced.
Bearish
- − GAAP book value per share declined 3.2% quarter-over-quarter to $17.75 from $18.34, with mark-to-market quarter-to-date down another 1.5%.
- − HomeXpress net origination margin compressed to 124 basis points in Q2 2026 from 135 basis points in Q4 2025 amid rising rates and competition.
- − Third-party advisory fee revenue is being diluted by reduced client transaction activity, prompting redeployment of resources internally.
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Guidance & track record
Latest guidance
· from the Earnings Call filed Aug 5, 2026
Loan origination volume
· for the year
$4B
Prior guidance
period ended
· from the Earnings Call filed Nov 6, 2025
Originations
· Q4
$1B
Pretax earnings
· Q4
$15M – $18M
After-tax earnings
· Q4
$13M – $15M
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders illustrative — not investment adviceMarket signals — smart money & positioning
Bearish · 1 of 6
Trend (MA cross)
No cross
50d $25 › 200d $25 — 200d above 50d
Institutional flow
Distributing
34 of 199 funds reported for Sep 30 · net -48.9K sh shares · +5 new
Insider flow
Flat
No net insider activity over 90 days
Short interest
Flat
No short-interest data
Volume signal
Normal
Volume near normal
Institution breadth
Steady
199 holders — mid 3-yr range
Price context
position in its 52-week range
Range low $24
Now $25 · 41%
Range high $26
vs 200-day avg -1%
vs 50-day avg -1%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Annualized EBTDA ROE non-GAAP | 17.3% | Q2 2026 | — |
| Average Cost of Funds non-GAAP | 4.3% | For the Quarter Ended June 30, 2026 filing | — |
| Average Debt Balance | $12.73B | For the Quarter Ended June 30, 2026 filing | — |
| Average One-Month SOFR | 3.64% | For the Quarter Ended June 30, 2026 filing | — |
| Average Three-Month SOFR | 3.67% | For the Quarter Ended June 30, 2026 filing | — |
| Cash | $444M | Q2 2026 | — |
| Dividends Declared Since Inception | 456 | As of June 30, 2026 | — |
| Dividends per Share | $0.45 | Q2 2026 | — |
| Earnings available for distribution non-GAAP | 39M | Q2 2026 | — |
GAAP → non-GAAP reconciliationGAAP GAAP net income (loss) available to common stockholders -4.01M
+43.39M Net unrealized (gains) losses on financial instruments at fair value
+9.62M Net realized (gains) losses on sales of investments
+2.75M Gain (loss) on extinguishment of debt
+7.19M Increase in provision for credit losses
-15.4M Net unrealized (gains) losses on derivatives
-9.53M Realized (gains) losses on derivatives
+3.21M Transaction expenses
-510K Stock Compensation expense for retirement eligible awards
+4.08M Depreciation, amortization, and impairment expense
-850K HomeXpress acquisition intangible amortization tax impact
+341K Non-cash imputed compensation related to business acquisition
-1.23M Other investment (gains) losses
= Earnings available for distribution 39.05M
|
|||
| Earnings Available for Distribution ("EAD") return on average common equity non-GAAP | 10.35% | the second quarter of 2026 filing | — |
| Earnings available for distribution per adjusted diluted common share non-GAAP | $0.46 | Q2 FY2026 | — |
| Earnings available for distribution/Average Tangible Common Equity non-GAAP | 11.91% | For the Quarter Ended June 30, 2026 filing | — |
| EBTDA non-GAAP | 12M | Q2 2026 | — |
| Economic Interest Expense non-GAAP | $138.14M | For the Quarter Ended June 30, 2026 filing | — |
| Economic Net Interest Income non-GAAP | $66.29M | Q2 FY2026 | — |
|
|
|||
| Economic Net Interest Income/Average Equity non-GAAP | 12.35% | For the Quarter Ended June 30, 2026 filing | — |
| Economic Return non-GAAP | -0.76% | Q2 2026 | — |
| Fixed Rate Repo (Percentage of Total Repo) | $716M | Q2 2026 | — |
| Funded Production Volume | 1.1B | Q2 2026 | — |
| GAAP Book Value per common share | $17.75 | Q2 2026 | — |
| HomeXpress funded volume | 1.1B | the quarter ended June 30, 2026 filing | — |
| Loans retained from HomeXpress | 301M | Q2 2026 | — |
| Net interest rate spread non-GAAP | 1.6% | For the Quarter Ended June 30, 2026 filing | — |
|
|
|||
| Net Origination Margin | 124 | Q2 2026 | — |
| Non-Mark-to-Market Repo (Percentage of Total Repo) | $1.2B | Q2 2026 | — |
| Originated volume | 1.1B | Q2 2026 | — |
| Production Volume | $1.1B | Q2 2026 | — |
| Provision for credit losses | $7M | For the quarter ended June 30, 2026 filing | — |
| Residential Origination Earnings Before Taxes, Depreciation and Amortization non-GAAP | 11.75M | Quarter Ended June 30, 2026 | — |
| Return on Average Equity | 2.85% | For the Quarter Ended June 30, 2026 filing | — |
| Unencumbered Assets | $212M | Q2 2026 | — |
| Weighted average pay rate on interest rate swaps | 3.73% | For the Quarter Ended June 30, 2026 filing | — |
| Weighted average receive rate on interest rate swaps | 3.68% | For the Quarter Ended June 30, 2026 filing | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
REIT - Mortgage — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
CIMP
this stock
Chimera Investment Corp
|
$704.85M | -1.0% | — | — | — |
|
NLY
Annaly Capital Management Inc
|
$13.83B | -17.9% | — | 5.0 | 3.2% |
|
AGNC
AGNC Investment Corp.
|
$10.48B | -17.5% | — | 5.0 | 11.1% |
|
RITM
Rithm Capital Corp.
|
$5.24B | -13.9% | -6.7% | 15.7 | 6.2% |
|
STWD
Starwood Property Trust, Inc.
|
$4.66B | -30.1% | -5.3% | — | 6.3% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Earnings & Events
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| CIMP | +1.1% | -0.8% | -1.4% | -0.9% | -1.0% |
| SPY | -0.4% | -1.5% | +5.8% | -0.4% | +11.5% |
| vs SPY | +1.6% | +0.7% | -7.3% | -0.6% | -12.5% |
Capital returns
Latest dividend
$0.555
/ share · ex Jul 31, 2026
Declared · upcoming
$0.5547
/ share · ex Oct 30, 2026
Paid (TTM)
$2.029
/ share · 4 payouts
Dividend yield (TTM, derived)
8.17%
Buyback program
· as of Jun 30, 2026
Authorized
$250.00M
Spent (derived)
$0
Remaining
$250.00M
Spent
Remaining
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.