With 0.85 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.66 million shares. The 52-week range on CIM shows that it touched its highest point at $16.89 and its lowest point at $9.85 during that stretch. It currently has a 1-year price target of $14.00. With its current market cap of 1.04 billion, CIM has annualized dividend of $1.46 while the current yield stands at 11.41%. Beta for the stock currently stands at 1.83.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CIM was up-trending over the past week, with a rise of 5.26%, but this was up by 22.25% over a month. Three-month performance dropped to -16.50% while six-month performance fell -14.55%. The stock lost -1.92% in the past year, while it has lost -8.57% so far this year. A look at the trailing 12-month EPS for CIM yields 1.08 with Next year EPS estimates of 1.78. For the next quarter, that number is 0.45. This implies an EPS growth rate of 21.46% for this year and -1.04% for next year. EPS is expected to grow by 8.89% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -27.34%.
Float and Shares Shorts:
At present, 80.97 million CIM shares are outstanding with a float of 78.60 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CIM since 3 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.49163 being high and $1.49163 being low. For CIM, this leads to a yearly average estimate of $1.49163.
