Chimera Investment Corporation found using ticker (CIM) now have 3 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 7 and 6.5 and has a mean target at 6.67. Now with the previous closing price of 7.54 this is indicating there is a potential downside of -11.5%. The day 50 moving average is 6.58 and the 200 moving average now moves to 7.89. The company has a market capitalisation of $1,676m. Visit the company website at: https://www.chimerareit.com
The potential market cap would be $1,482m 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.
