At the time of writing, Chimera Investment Corp [CIM] stock is trading at $14.16, down -0.49%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CIM shares have gain 3.06% over the last week, with a monthly amount drifted -3.67%, and not seem to be holding up well over a long-time horizon.
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.
For the past year, the stock price of Chimera Investment Corp fluctuated between $11.28 and $16.89. 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 $14.16 at the most recent close of the market. An investor can expect a potential drop of -48.8% based on the average CIM price forecast.
Analyzing the CIM fundamentals
According to Chimera Investment Corp [NYSE:CIM], the company’s sales were 770.22M for trailing twelve months, which represents an 4.96% jump. Gross Profit Margin for this corporation currently stands at 0.83% with Operating Profit Margin at 0.77%, Pretax Profit Margin comes in at 0.25%, and Net Profit Margin reading is 0.25%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.07 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 3.96.
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 14.04 points at the first support level, and at 13.91 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.33, and for the 2nd resistance point, it is at 14.49.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 1.49, the price to book ratio is 0.72 and price to earnings (TTM) ratio is 13.11.
Transactions by insiders
Recent insider trading involved Macdowell Jack Lee Jr, Chief Investment Officer, that happened on Dec 10 ’24 when 66000.0 shares were purchased. Chief Investment Officer, Macdowell Jack Lee Jr completed a deal on Dec 09 ’24 to buy 50000.0 shares. Meanwhile, Chief Investment Officer Macdowell Jack Lee Jr bought 50000.0 shares on Dec 06 ’24.
