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.
Many analysts weighed in on price targets for CIM. The most optimistic analyst gave a price target of 20, implying potential capital gains of 7.41 percent. The lowest price target was 17, which equates to a potential downside 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.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is 0.82 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.21 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -2.48 percent in FY estimates.
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, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
CIM has an estimated earnings growth rate of -29.18 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of CIM is -0.19.
CIM has a 52-week high of 20.90 and a 52-week low of 14.70. The current market price is above the trailing year's low by 26.67 percent, and 10.91 percent below the high. 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.