Chimera Investment Corporation with ticker code (CIM) have now 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 18 and 12.75 with a mean TP of 15.06. Now with the previous closing price of 12.82 this indicates there is a potential upside of 17.5%. There is a 50 day moving average of 14.51 while the 200 day moving average is 14.99. The company has a market cap of $3,076m. You can visit the company’s website by visiting: https://www.chimerareit.com
The potential market cap would be $3,613m 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.
