Chimera Investment Corporation (CIM) : 4 analysts are covering Chimera Investment Corporation (CIM) and their average rating on the stock is 3.5, which is read as a Hold. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. A total of 3 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Chimera Investment Corporation (CIM) : Currently there are 2 street experts covering Chimera Investment Corporation (CIM) stock. The most bullish and bearish price target for the stock is $15 and $14 respectively for the short term. The average price target of all the analysts comes to $14.25. The estimated standard deviation from the target is $0.35.
Company shares have received an average consensus rating of Hold for the current week
Chimera Investment Corporation (NYSE:CIM): The stock opened at $15.99 on Tuesday but the bulls could not build on the opening and the stock topped out at $16.00 for the day. The stock traded down to $15.90 during the day, due to lack of any buying support eventually closed down at $15.96 with a loss of -0.19% for the day. The stock had closed at $15.99 on the previous day. The total traded volume was 1,415,948 shares.
Chimera Investment Corporation is a specialty finance company. The Company, through its subsidiaries, invests in residential mortgage-backed securities (RMBS), residential mortgage loans, commercial mortgage loans, real estate-related securities and various other asset classes. The Company is externally managed by Fixed Income Discount Advisory Company.