Chimera Investment Corporation with ticker code (CIM) have now 3 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 7 and 6.5 and has a mean target at 6.83. With the stocks previous close at 6.36 this now indicates there is a potential upside of 7.4%. The day 50 moving average is 6.64 and the 200 day MA is 7.57. The market capitalisation for the company is $1,463m. Find out more information at: https://www.chimerareit.com
The potential market cap would be $1,571m based on the market concensus.
You can now share this on Stocktwits, just click the logo below and add the ticker in the text to be seen.
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.
