Analyst Price Target is $16.00
▲ +11.27% 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 $16.00, with a high forecast of $16.00 and a low forecast of $16.00. The average price target represents a 11.27% upside from the last price of $14.38.
Current Consensus is
Hold
The current consensus among 1 investment analysts is to hold stock in Chimera Investment. This rating has held steady since November 2023, when it changed from a Moderate Buy consensus rating.
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.
Read More