Chimera Investment Co.

Chimera Investment said Q1 earnings available for distribution were $0.54 per share, covering the $0.45 dividend about 1.2x despite a GAAP net loss of roughly $65 million. The company redeemed eight securitizations, sold $1.2 billion of loans and reduced loan exposure from 62% to 55% while raising Agency RMBS from 15% to 21%, actions that released capital but weighed on book value. HomeXpress Mortgage funded $884 million of loans, up 39% year over year, generating $11.4 million of EBITDA, and Chimera plans a new CIM HomeX securitization program to expand originations and fee income. » More on finance.yahoo.com

Chimera reported a Q1 GAAP loss of $0.78 per share, while distributable earnings rose 31.7% to $0.54 per share, covering the quarterly dividend of $0.45 by 120%. Management executed a strategic portfolio repositioning, sold securitizations and shifted capital toward Agency MBS, which reduced book value per share by 6.9% but increased investable capital and expected yields. The company maintained strong liquidity ($476 million) and expects EPS of $0.52–0.58 for upcoming quarters, but sees risks from ongoing rate volatility and geopolitical uncertainty. » More on de.investing.com

Chimera reported distributable earnings of $0.53 per share for Q4 2025 (expectation $0.51), while revenue of $48.14 million fell well short of forecasts. The company raises the quarterly dividend by 22% to $0.45 and, for the first time, fully consolidates HomeXpress, which showed strong production and EBITDA growth. Chimera increased its Agency-MBS exposure, maintained a leverage ratio of 5.1x, and emphasizes diversification through asset management and MSR production as strategic priorities. Management intends to keep the higher dividend in 2026 but sees risks from revenue volatility and interest-rate movements. » More on de.investing.com