Chimera Investment Corp: 2025 8-K/A Financial Insights & Stock Overview

$CIM
Form 8-K/A
Filed on: 2025-02-12
Source
Chimera Investment Corp: 2025 8-K/A Financial Insights & Stock Overview

Based on the provided XML section of the financial report for Chimera Investment Corp, here are the key insights and important information extracted:

  1. Entity Identification:
  • Name: Chimera Investment Corp
  • CIK: 0001409493
  • Address: 630 Fifth Avenue, Suite 2400, New York, NY 10111
  • Phone: 888 895-6557
  1. Filing Information:
  • Form Type: 8-K/A
  • Filing Date: February 12, 2025
  • SEC Central Index Key (CIK): 0001409493
  • MD (Company Identifier): 1-33796
  • EIN: 26-0630461
  1. Stock Information:
  • Common Stock: Par value of $0.01 per share
  • Ticker Symbol: CIM (NYSE)
  1. Preferred Stock:
  • 8.00% Series A Cumulative Redeemable Preferred Stock: Ticker CIM PRA (NYSE)
  • 8.00% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock: Ticker CIM PRB (NYSE)
  • 7.75% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock: Ticker CIM PRC (NYSE)
  • 8.00% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock: Ticker CIM PRD (NYSE)
  1. Senior Notes:
  • 9.000% Senior Notes due 2029: Ticker CIMN (NYSE)
  • 9.250% Senior Notes due 2029: Ticker CIMO (NYSE)
  1. Reporting Period:
  • This information is linked to a specific reporting date of February 12, 2025, indicating that all details pertain to that snapshot in time.
  1. Stock Classes:
  • The report includes multiple classes of stock, including common and various series of preferred stock. Each class may have different rights, dividends, and maturity profiles.
  1. Debt Instruments:
  • The company has issued senior notes with specific interest rates and maturity dates, which is important for understanding its capital structure and financial obligations.

Insights:

  • Chimera Investment Corp is actively maintaining a diversified capital structure through various classes of stock and debt instruments, which could appeal to different types of investors seeking income or equity exposure.
  • The presence of cumulative and fixed-to-floating preferred stock indicates a strategy to manage dividend obligations while potentially appealing to income-focused investors.
  • The senior notes due in 2029 suggest a long-term financing strategy, which may impact future cash flows and interest expenses.

This information is crucial for potential investors, analysts, and stakeholders assessing the company’s financial health and capital management strategies.