Strength in Chimera (CIM) as shares surge 9.7% with positive earnings and revenue expectations

From Nasdaq: 2025-04-10 09:15:00

Chimera Investment (CIM) shares surged 9.7% to $11.49, driven by increased trading volume. This follows Trump’s tariff pause announcement, easing trade war fears. CIM expects quarterly earnings of $0.38 per share, with revenues of $70.4 million, showing potential strength. Another industry stock, Angel Oak (AOMR), rose 4.8% to $8.03.

Angel Oak anticipates earnings of $0.27 per share, up 145.5% from last year. The stock holds a Zacks Rank of #3 (Hold). For top stock picks, experts recommend 7 elite Zacks Rank #1 Strong Buys for potential price growth. These stocks have historically outperformed with an average gain of +23.9% per year.

For more details on Chimera Investment Corporation (CIM) and Angel Oak Mortgage REIT Inc. (AOMR), check out the free Stock Analysis Reports. Stay updated with the latest recommendations from Zacks Investment Research for the next 30 days. The views expressed in the article are those of the author and do not necessarily reflect those of Nasdaq, Inc.



Read more at Nasdaq: Strength Seen in Chimera (CIM): Can Its 9.7% Jump Turn into More Strength?