Analyst Price Target is $5.50
▲ +31.26% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Chimera Investment in the last 3 months. The average price target is $5.50, with a high forecast of $5.50 and a low forecast of $5.50. The average price target represents a 31.26% upside from the last price of $4.19.
Current Consensus is
Hold
The current consensus among 1 investment analysts is to hold stock in Chimera Investment. This Hold consensus rating has held steady for over two years.
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 residential mortgage-backed securities, non-agency residential mortgage-backed securities, agency mortgage-backed securities secured by pools of commercial mortgage loans, business purpose and investor loans, and other real estate related securities. It invests in investment grade, non-investment grade, and non-rated classes. The company qualifies as a real estate investment trust (REIT) for federal income tax purposes. As a REIT, it intends to distribute at least 90% of its taxable income as dividends to shareholders. Chimera Investment Corporation was incorporated in 2007 and is headquartered in New York, New York.
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