Chimera Investment Corporation (CIM): Today's Featured Real Estate Winner

The real estate industry closed the day down 2.3%. Pacific Office Properties Trust Inc ( PCE), ZipRealty Inc ( ZIPR), China Housing & Land Development Inc ( CHLN), and American Capital Mortgage Investment ( MTGE) were all winners today within the real estate industry with Chimera Investment Corporation ( CIM) being today's featured real estate winner. Chimera Investment Corporation rose 3 cents (1.1%) to $2.87 on light volume. Throughout the day, 9.1 million shares of Chimera Investment Corporation exchanged hands as compared to its average daily volume of 15 million shares.

Chimera Investment Corporation operates as a real estate investment trust (REIT) in the United States. Chimera Investment Corporation has a market cap of $2.9 billion and is part of the financial sector. The company has a P/E ratio of 4.9, equal to the average real estate industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 30.9% year to date as of the close of trading on Friday.

TheStreet Ratings rates Chimera Investment as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally poor debt management and a generally disappointing performance in the stock itself.

On the negative front, Doral Financial ( DRL), NTS Realty Holdings Limited Partnership ( NLP), Gramercy Capital Corporation ( GKK), and HFF Inc ( HF) were all losers within the real estate industry with Equity Residential ( EQR) being today's real estate industry Loser Spotlight stock.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the real estate industry could consider iShares Dow Jones US Real Estate ( IYR) while those bearish on the real estate industry could consider ProShares Short Real Estate Fund ( REK).

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