Chimera Investment Corporation with ticker code (CIM) have now 4 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 15.5 and 12.75 calculating the average target price we see 14.31. Now with the previous closing price of 12.5 this now indicates there is a potential upside of 14.5%. The 50 day moving average now sits at 13.27 while the 200 day moving average is 14.83. The market capitalisation for the company is $2,917m. Visit the company website at: https://www.chimerareit.com
The potential market cap would be $3,339m 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.
