B. Riley Issues Pessimistic Estimate for CHMI Earnings

Cherry Hill Mortgage Investment Co. (NYSE:CHMI - Free Report) - Research analysts at B. Riley cut their Q1 2025 earnings per share (EPS) estimates for shares of Cherry Hill Mortgage Investment in a research report issued to clients and investors on Monday, December 9th. B. Riley analyst M. Howlett now forecasts that the real estate investment trust will post earnings of $0.14 per share for the quarter, down from their prior estimate of $0.21. The consensus estimate for Cherry Hill Mortgage Investment's current full-year earnings is $0.63 per share. B. Riley also issued estimates for Cherry Hill Mortgage Investment's Q2 2025 earnings at $0.15 EPS, Q3 2025 earnings at $0.16 EPS, Q4 2025 earnings at $0.17 EPS, Q1 2026 earnings at $0.17 EPS, Q2 2026 earnings at $0.17 EPS and Q3 2026 earnings at $0.18 EPS.

Cherry Hill Mortgage Investment (NYSE:CHMI - Get Free Report) last issued its quarterly earnings data on Tuesday, November 12th. The real estate investment trust reported $0.08 EPS for the quarter, missing analysts' consensus estimates of $0.14 by ($0.06). The firm had revenue of $14.33 million during the quarter. Cherry Hill Mortgage Investment had a negative net margin of 60.97% and a positive return on equity of 15.18%. During the same quarter last year, the company posted $0.16 earnings per share.

Cherry Hill Mortgage Investment Stock Down 0.4 %

Shares of CHMI traded down $0.01 during trading hours on Wednesday, hitting $2.65. 130,842 shares of the company were exchanged, compared to its average volume of 206,663. Cherry Hill Mortgage Investment has a fifty-two week low of $2.50 and a fifty-two week high of $4.39. The company has a market cap of $83.79 million, a price-to-earnings ratio of -1.76 and a beta of 1.39. The firm's fifty day moving average is $3.09 and its 200 day moving average is $3.47.

Institutional Trading of Cherry Hill Mortgage Investment

Several institutional investors and hedge funds have recently modified their holdings of CHMI. Forum Financial Management LP acquired a new stake in shares of Cherry Hill Mortgage Investment in the second quarter valued at about $1,038,000. Wolverine Asset Management LLC acquired a new stake in Cherry Hill Mortgage Investment during the third quarter worth approximately $665,000. Penserra Capital Management LLC grew its stake in Cherry Hill Mortgage Investment by 22.9% during the third quarter. Penserra Capital Management LLC now owns 265,787 shares of the real estate investment trust's stock worth $964,000 after purchasing an additional 49,600 shares during the period. Renaissance Technologies LLC grew its stake in Cherry Hill Mortgage Investment by 7.9% during the second quarter. Renaissance Technologies LLC now owns 507,684 shares of the real estate investment trust's stock worth $1,843,000 after purchasing an additional 37,300 shares during the period. Finally, Vanguard Group Inc. grew its stake in Cherry Hill Mortgage Investment by 2.7% during the first quarter. Vanguard Group Inc. now owns 1,368,084 shares of the real estate investment trust's stock worth $4,843,000 after purchasing an additional 36,039 shares during the period. 18.49% of the stock is currently owned by institutional investors.

Cherry Hill Mortgage Investment Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 31st. Investors of record on Monday, September 30th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, September 30th. This represents a $0.60 annualized dividend and a dividend yield of 22.64%. Cherry Hill Mortgage Investment's dividend payout ratio is currently -39.47%.

Cherry Hill Mortgage Investment Company Profile

Cherry Hill Mortgage Investment Corporation, a residential real estate finance company, acquires, invests in, and manages residential mortgage assets in the United States. It operates through Investments in RMBS (residential mortgage-backed securities) and Investments in Servicing Related Assets segments.