Chimera Investment Corporation found using ticker (CIM) now have 4 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 12 and 9.75 with a mean TP of 10.94. Now with the previous closing price of 8.82 this is indicating there is a potential upside of 24.0%. The day 50 moving average is 9.54 and the 200 moving average now moves to 13.11. The market cap for the company is $2,143m. Company Website: https://www.chimerareit.com
The potential market cap would be $2,658m 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.
