Chimera Investment to Acquire HomeXpress Mortgage Corp.

An announcement from Chimera Investment ( (CIM) ) is now available.

On June 11, 2025, Chimera Investment Corporation announced its agreement to acquire HomeXpress Mortgage Corp., a leading originator of non-QM and Agency mortgage loans across 46 states. This acquisition is expected to enhance Chimera’s residential credit platform and be accretive to earnings by 2026, creating significant cross-selling opportunities and supporting the company’s efforts to build an MSR portfolio. The transaction, which involves a combination of cash and Chimera common stock, is set to close in the fourth quarter of 2025, subject to customary closing conditions.

The most recent analyst rating on (CIM) stock is a Hold with a $16.00 price target. To see the full list of analyst forecasts on Chimera Investment stock, see the CIM Stock Forecast page.

Spark’s Take on CIM Stock

According to Spark, TipRanks’ AI Analyst, CIM is a Neutral.

Chimera Investment’s overall score reflects a blend of solid financial performance with strong profit margins and stable cash flows, but concerns about high leverage and recent financial volatility. The stock’s attractive valuation and high dividend yield are counterbalanced by technical indicators suggesting potential bearish momentum. The earnings call highlighted strategic growth plans and acquisitions, which provide a slightly positive outlook despite recent GAAP net losses.

To see Spark’s full report on CIM stock, click here.

More about Chimera Investment

Chimera Investment Corporation is a publicly traded real estate investment trust (REIT) primarily engaged in investing in a diversified portfolio of real estate assets, including residential mortgage loans, Non-Agency RMBS, Agency RMBS, business purpose and investor loans, MSRs, and other real estate-related assets.

Average Trading Volume: 611,129

Technical Sentiment Signal: Buy

Current Market Cap: $1.13B

For a thorough assessment of CIM stock, go to TipRanks’ Stock Analysis page.