Chimera Investment Corporation found using ticker (CIM) have now 4 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 18 and 13.5 with the average target price sitting at 15.25. With the stocks previous close at 14.73 this now indicates there is a potential upside of 3.5%. The 50 day moving average now sits at 15.76 and the 200 day moving average is 14.88. The company has a market cap of $3,494m. Visit the company website at: https://www.chimerareit.com
The potential market cap would be $3,617m 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.
