Chimera Investment Corporation found using ticker (CIM) have now 3 analysts in total covering the stock. The consensus rating is ‘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 7.07 this would imply there is a potential downside of -5.7%. The 50 day moving average now sits at 6.62 and the 200 day MA is 7.8. The market capitalisation for the company is $1,639m. Find out more information at: https://www.chimerareit.com
The potential market cap would be $1,546m 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, 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.