Chimera Investment Corporation found using ticker (CIM) now have 4 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 15.5 and 12.75 calculating the average target price we see 14.31. Given that the stocks previous close was at 12.23 this would imply there is a potential upside of 17.0%. There is a 50 day moving average of 14.22 and the 200 day MA is 14.97. The company has a market capitalisation of $2,884m. Find out more information at: https://www.chimerareit.com
The potential market cap would be $3,374m 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.
