Chimera Investment Corporation: Business Overview, Financials & Competitive Analysis
Chimera Investment Corporation is a real estate investment trust (REIT) that invests in a portfolio of mortgage assets including residential mortgage loans, agency and non-agency residential mortgage-backed securities...
Cyborg Score thesis
Dividend-focused mortgage REIT offering income generation through diversified mortgage asset portfolio with hybrid...
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Get Current Report FreeChimera Investment Corporation Overview
Pro stress-test →Chimera Investment Corporation is a real estate investment trust (REIT) that invests in a portfolio of mortgage assets including residential mortgage loans, agency and non-agency residential mortgage-backed securities, and other real estate related securities. As a REIT, the company intends to distribute at least 90% of its taxable income as dividends to shareholders.
Strategic Profile
Pro stress-test →As a credit-focused hybrid mortgage REIT, Chimera invests in residential mortgage loans as well as Agency and non-Agency mortgage-backed securities. The company's income is primarily generated by the difference between the income earned on its assets and its financing and hedging costs.
Competitive Landscape
Pro stress-test →Chimera competes within the mortgage REIT sector alongside other hybrid and Agency-focused mortgage REITs. The company differentiates through its internally-managed structure and balanced portfolio approach combining residential mortgage loans with mortgage-backed securities, positioning it between pure Agency REIT players and specialty credit-focused competitors.
Industry Context
Chimera Investment Corporation operates in Mortgage Real Estate Investment Trust (REIT).
Key facts
Founded: 2007 · Headquarters: New York, New York