The firm has a "buy" rating on the New York-based real estate investment trust.
Friday's jobs report showed that sentiment surrounding interest rate direction can play out sharply in the financial sector, Nomura said.
"Due to its distinctive business model and predominantly credit rather than rate sensitivity, CIM is well positioned for a wide range of economic outcomes," the firm wrote in a note to investors.
"With a best-in-class total return of nearly 30% over the past year, CIM offers a mid-teen return on equity, a bank-like net interest spread, without the burdens of bank-like regulation, and increasingly, a robust EPS growth story," Nomura added.
The REIT is engaged in residential mortgage securities, residential mortgage loans, real estate-related securities and various other asset classes.
Shares of Chimera are increasing by 0.79% to $15.32 at the start of trading on Monday.
Separately, TheStreet Ratings Team has a "Hold" rating with a score of C on the stock.
The primary factors that have impacted the rating are mixed. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and solid stock price performance.
However, the team finds that the company's return on equity has been disappointing.
Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.
You can view the full analysis from the report here: CIM