Analyst Ratings for Chimera Investment Corp. (CIM)Updated: 2017-07-26
Chimera Investment Corp. (NYSE:CIM) was awarded an average rating of Hold from investment analysts following the stock. A consensus rating of Hold was previously issued for CIM last month.
A buy rating was issued by 0 analysts, 0 gave an overweight rating, 6 gave a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
Investment analysts gave a few price targets for CIM. The maximum price target given was 20, implying potential capital gains of 7.41 percent. The minimum price target given was 17, implying potential capital losses of -8.7 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 0.82 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.21 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -2.48 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.
CIM has an estimated earnings growth rate of -29.18 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. CIM has a PEG ratio of -0.19.
CIM has a 52-week high of 20.90 and a 52-week low of 14.70. Currently the stock is 26.67 percent higher than its low, and below the high by 10.91 percent. CIM has a P/E ratio of 5.63. Investors typically compare the P/E ratio to a company's peers in the industry. The CIM value stock report compares CIM to some of its peers using value stock charts. The market cap of CIM is $3.49 billion. CIM is estimated to release their earnings results for the quarter on 0000-00-00, days from today.