Chimera Investment Corporation found using ticker (CIM) now have 4 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 18 and 13.25 with the average target price sitting at 15.19. With the stocks previous close at 13.3 this indicates there is a potential upside of 14.2%. The day 50 moving average is 14.75 and the 200 moving average now moves to 14.99. The market capitalisation for the company is $3,115m. You can visit the company’s website by visiting: https://www.chimerareit.com
The potential market cap would be $3,558m 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 commercial mortgage loans, and other real estate related securities. It has elected to be taxed as a REIT and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its shareholders. The company was incorporated in 2007 and is headquartered in New York, New York.
