Chimera Investment Corporation found using ticker (CIM) now have 3 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 7 and 6.5 calculating the average target price we see 6.67. Given that the stocks previous close was at 6.98 this is indicating there is a potential downside of -4.4%. The 50 day MA is 6.63 while the 200 day moving average is 7.75. The market capitalisation for the company is $1,614m. You can visit the company’s website by visiting: https://www.chimerareit.com
The potential market cap would be $1,542m based on the market concensus.
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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, non-agency residential mortgage-backed securities, agency mortgage-backed securities secured, agency mortgage-backed securities secured by pools of commercial mortgage loans, business purpose and investor loans, and other real estate related securities. It has elected to be taxed as a REIT. In addition, the company invests in investment grade, non-investment grade, and non-rated classes. The company was incorporated in 2007 and is headquartered in New York, New York.