Chimera Investment Corporation with ticker code (CIM) have now 3 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 7 and 6.5 calculating the mean target price we have 6.67. With the stocks previous close at 6.63 this is indicating there is a potential upside of .6%. The 50 day MA is 6.4 and the 200 moving average now moves to 8.2. The company has a market capitalisation of $1,585m. Company Website: https://www.chimerareit.com
The potential market cap would be $1,595m 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.
