Chimera Investment's Q2 net income at $0.17/share

Chimera Investment

06/08/2025 11:40

Overview

Chimera Q2 GAAP net income $0.17/share, earnings available $0.39/share

Company announces acquisition of HomeXpress Mortgage Corporation

Chimera's economic return for Q2 was 0.5%

Outlook

Company did not provide specific revenue or EPS guidance for future quarters

Chimera focuses on diversification and resilience in mortgage REIT strategy

HomeXpress Mortgage acquisition to strengthen position in mortgage origination

Result Drivers

PORTFOLIO DIVERSIFICATION - Addition of Agency RMBS and MSRs enhanced Chimera's portfolio diversification

ECONOMIC RETURN - Chimera reports economic return of 0.5% for Q2, reflecting portfolio performance

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Net Interest Income
$66.01 mln
Q2 Pretax Profit
$35.86 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the specialized reits peer group is "buy."

Wall Street's median 12-month price target for Chimera Investment Corp is $15.50, about 12.5% above its August 5 closing price of $13.57

The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 7 three months ago

Press Release: ID:nBwbfBqZla

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)