Chimera Investment Corporation with ticker code (CIM) have now 4 analysts covering the stock with the consensus suggesting a rating of ‘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. Now with the previous closing price of 12.17 this is indicating there is a potential upside of 17.6%. There is a 50 day moving average of 13.94 and the 200 day MA is 14.93. The company has a market capitalisation of $2,808m. You can visit the company’s website by visiting: https://www.chimerareit.com
The potential market cap would be $3,302m 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 assetsluding 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.
