Chimera Investment Corporation found using ticker (CIM) have now 4 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 11 and 8 and has a mean target at 9.38. Given that the stocks previous close was at 8.31 this now indicates there is a potential upside of 12.9%. There is a 50 day moving average of 9.18 while the 200 day moving average is 11.55. The company has a market capitalisation of $1,942m. You can visit the company’s website by visiting: https://www.chimerareit.com
The potential market cap would be $2,192m 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.
