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NYSE:CHMI

Cherry Hill Mortgage Investment (CHMI) Stock Price, News & Analysis

Cherry Hill Mortgage Investment logo
$2.60 -0.06 (-2.25%)
(As of 11/20/2024 ET)

About Cherry Hill Mortgage Investment Stock (NYSE:CHMI)

Key Stats

Today's Range
$2.60
$2.66
50-Day Range
$2.61
$3.79
52-Week Range
$2.60
$4.39
Volume
286,018 shs
Average Volume
263,378 shs
Market Capitalization
$82.37 million
P/E Ratio
N/A
Dividend Yield
23.03%
Price Target
$5.00
Consensus Rating
Moderate Buy

Company Overview

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. Cherry Hill Mortgage Investment Corporation qualifies as a real estate investment trust for federal income tax purposes. The company generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Cherry Hill Mortgage Investment Corporation was incorporated in 2012 and is based in Farmingdale, New Jersey.

Cherry Hill Mortgage Investment Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
81st Percentile Overall Score

CHMI MarketRank™: 

Cherry Hill Mortgage Investment scored higher than 81% of companies evaluated by MarketBeat, and ranked 233rd out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Earnings Growth

    Earnings for Cherry Hill Mortgage Investment are expected to grow by 42.86% in the coming year, from $0.63 to $0.90 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Cherry Hill Mortgage Investment is -1.71, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Cherry Hill Mortgage Investment is -1.71, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Cherry Hill Mortgage Investment has a P/B Ratio of 0.62. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Cherry Hill Mortgage Investment's valuation and earnings.
  • Percentage of Shares Shorted

    1.44% of the outstanding shares of Cherry Hill Mortgage Investment have been sold short.
  • Short Interest Ratio / Days to Cover

    Cherry Hill Mortgage Investment has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Cherry Hill Mortgage Investment has recently decreased by 12.17%, indicating that investor sentiment is improving significantly.
  • Dividend Leadership

    Cherry Hill Mortgage Investment is a leading dividend payer. It pays a dividend yield of 22.56%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Cherry Hill Mortgage Investment does not have a long track record of dividend growth.

  • Dividend Sustainability

    Based on earnings estimates, Cherry Hill Mortgage Investment will have a dividend payout ratio of 66.67% next year. This indicates that Cherry Hill Mortgage Investment will be able to sustain or increase its dividend.

  • Read more about Cherry Hill Mortgage Investment's dividend.
  • Percentage of Shares Shorted

    1.44% of the outstanding shares of Cherry Hill Mortgage Investment have been sold short.
  • Short Interest Ratio / Days to Cover

    Cherry Hill Mortgage Investment has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Cherry Hill Mortgage Investment has recently decreased by 12.17%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Cherry Hill Mortgage Investment has a news sentiment score of -0.10. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.76 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 6 news articles for Cherry Hill Mortgage Investment this week, compared to 6 articles on an average week.
  • Search Interest

    14 people have searched for CHMI on MarketBeat in the last 30 days. This is an increase of 17% compared to the previous 30 days.
  • MarketBeat Follows

    5 people have added Cherry Hill Mortgage Investment to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Cherry Hill Mortgage Investment insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 1.40% of the stock of Cherry Hill Mortgage Investment is held by insiders.

  • Percentage Held by Institutions

    Only 18.49% of the stock of Cherry Hill Mortgage Investment is held by institutions.

  • Read more about Cherry Hill Mortgage Investment's insider trading history.
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CHMI Stock News Headlines

Cherry Hill Mortgage Transitions to Internal Management Model
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Cherry Hill internalizes management, concludes strategic review
See More Headlines

CHMI Stock Analysis - Frequently Asked Questions

Cherry Hill Mortgage Investment's stock was trading at $4.04 at the start of the year. Since then, CHMI stock has decreased by 35.5% and is now trading at $2.6050.
View the best growth stocks for 2024 here
.

Cherry Hill Mortgage Investment Co. (NYSE:CHMI) announced 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 real estate investment trust earned $14.33 million during the quarter. Cherry Hill Mortgage Investment had a negative net margin of 60.97% and a positive trailing twelve-month return on equity of 15.18%.

Top institutional investors of Cherry Hill Mortgage Investment include Geode Capital Management LLC (1.07%), Forum Financial Management LP (0.99%), Penserra Capital Management LLC (0.88%) and GSA Capital Partners LLP (0.70%).
View institutional ownership trends
.

Shares of CHMI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Cherry Hill Mortgage Investment investors own include Annaly Capital Management (NLY), Rithm Capital (RITM), Energy Transfer (ET), AGNC Investment (AGNC), Orchid Island Capital (ORC), Oxford Lane Capital (OXLC) and Enterprise Products Partners (EPD).

Company Calendar

Ex-Dividend for 10/31 Dividend
9/30/2024
Dividend Payable
10/31/2024
Last Earnings
11/12/2024
Today
11/20/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
3/06/2025

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Trading
Fax
N/A
Employees
10
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$5.00
High Stock Price Target
$5.00
Low Stock Price Target
$5.00
Potential Upside/Downside
+91.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$-34,790,000.00
Pretax Margin
-60.36%

Debt

Sales & Book Value

Annual Sales
$49.99 million
Cash Flow
$0.94 per share
Book Value
$5.30 per share

Miscellaneous

Free Float
31,182,000
Market Cap
$82.37 million
Optionable
Optionable
Beta
1.47
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This page (NYSE:CHMI) was last updated on 11/21/2024 by MarketBeat.com Staff
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