Chimera Investment Corporation with ticker code (CIM) now have 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 15.5 and 12.75 with a mean TP of 14.31. Given that the stocks previous close was at 12.5 this would indicate that there is a potential upside of 14.5%. The day 50 moving average is 13.02 while the 200 day moving average is 14.75. The market capitalisation for the company is $2,955m. Company Website: https://www.chimerareit.com
The potential market cap would be $3,383m 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.
