Chimera Investment Corporation with ticker code (CIM) have now 4 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 11 and 8 calculating the mean target price we have 9.38. Now with the previous closing price of 9.21 this is indicating there is a potential upside of 1.8%. The day 50 moving average is 9.24 and the 200 day moving average is 12.07. The market capitalisation for the company is $2,042m. Visit the company website at: https://www.chimerareit.com
The potential market cap would be $2,079m based on the market concensus.
Chimera Investment Corporation operates as a real estate investment trust (REIT) in the United States. The company, through its subsidiaries, invests in a portfolio of mortgage assets, including residential mortgage loans, agency and non-agency residential mortgage-backed securities, agency mortgage-backed securities secured by pools of residential, commercial mortgage loans, and other real estate related securities. It has elected to be taxed as a REIT. In addition, the company invests in investment, non-investment grade, and non-rated classes. The company was incorporated in 2007 and is based in New York, New York.
