Stock of Chimera Investment Corp (CIM) performance and profitability takes another direction

Chimera Investment Corp [CIM] stock prices are up 6.83% to $14.54 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CIM shares have gain 13.68% over the last week, with a monthly amount glided 26.66%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Chimera Investment Corp [NYSE: CIM] stock has seen the most recent analyst activity on December 06, 2023, when UBS initiated its Neutral rating and assigned the stock a price target of $5.50. Previously, Barclays downgraded its rating to Underweight on December 10, 2020, and elevated its price target to $10. On October 03, 2019, RBC Capital Mkts initiated with a Outperform rating. Credit Suisse downgraded its rating to a Neutral but stick to its price target of $19.50 on August 21, 2019. Nomura initiated its recommendation with a Buy. In a note dated January 25, 2018, Credit Suisse upgraded an Outperform rating on this stock.

The stock price of Chimera Investment Corp [CIM] has been fluctuating between $11.28 and $19.47 over the past year. Currently, Wall Street analysts expect the stock to reach $7.25 within the next 12 months. Chimera Investment Corp [NYSE: CIM] shares were valued at $14.54 at the most recent close of the market. An investor can expect a potential drop of -50.14% based on the average CIM price forecast.

Analyzing the CIM fundamentals

The Chimera Investment Corp [NYSE:CIM] reported sales of 759.17M for trailing twelve months, representing a surge of 26.31%. Gross Profit Margin for this corporation currently stands at 0.77% with Operating Profit Margin at 0.8%, Pretax Profit Margin comes in at 0.48%, and Net Profit Margin reading is 0.48%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.08 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of4.89.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 14.10 points at the first support level, and at 13.66 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.77, and for the 2nd resistance point, it is at 15.01.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 1.54, the price to book ratio is 0.57 and price to earnings (TTM) ratio is 9.54.

Transactions by insiders

Recent insider trading involved CREAGH GERARD, Director, that happened on Jun 17 ’24 when 10000.0 shares were purchased.

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