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

Chimera Investment Corporation ( CIM) pushed the Real Estate industry higher today making it today's featured real estate winner. The industry as a whole closed the day down 1.2%. By the end of trading, Chimera Investment Corporation rose 4 cents (1.2%) to $2.86 on average volume. Throughout the day, 12.1 million shares of Chimera Investment Corporation exchanged hands as compared to its average daily volume of 8.5 million shares. The stock ranged in a price between $2.80-$2.87 after having opened the day at $2.82 as compared to the previous trading day's close of $2.82. Other companies within the Real Estate industry that increased today were: Stratus Properties ( STRS), up 9.7%, Nationstar Mortgage Holdings ( NSM), up 5.7%, InnSuites Hospitality ( IHT), up 3.5%, and NTS Realty Holdings ( NLP), up 3.4%.

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 five, below the average real estate industry P/E ratio of 5.8 and below the S&P 500 P/E ratio of 17.7. Shares are up 12.4% year to date as of the close of trading on Friday. Currently there are no analysts that rate Chimera Investment Corporation a buy, one analyst rates it a sell, and nine rate it a hold.

TheStreet Ratings rates Chimera Investment Corporation as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and attractive valuation levels. 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, Income Opportunity Realty Investors ( IOT), down 12.1%, E-House China Holdings ( EJ), down 11.4%, Doral Financial ( DRL), down 9.3%, and BRT Realty ( BRT), down 5.8%, were all losers within the real estate industry with American Express ( AXP) being today's real estate industry loser.

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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