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

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.

Key Stats

• Today's Range: $2.50 to $2.63
• 50-Day Range: $2.54 to $3.79
• 52-Week Range: $2.50 to $4.39
• Volume: 395,320 shs
• Average Volume: 203,854 shs
• Market Capitalization: $80.47 million
• P/E Ratio: N/A
• Dividend Yield: 23.58%
• Price Target: $5.00
• Consensus Rating: Moderate Buy

Cherry Hill Mortgage Investment Stock Analysis - MarketRank™

Cherry Hill Mortgage Investment scored higher than 81% of companies evaluated by MarketBeat, and ranked 271st out of 922 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Cherry Hill Mortgage Investment has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Cherry Hill Mortgage Investment has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 42.86%

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 -1.67, 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 -1.67, 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 0.60. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

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

• Score: 2.5 / 5
• Dividend Strength: Moderate

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.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

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 and Social Media

• Score: 2.2 / 5
• News Sentiment: -0.13

News Sentiment

Cherry Hill Mortgage Investment has a news sentiment score of -0.13. 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 0.81 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 5 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.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

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.

CHMI Stock Analysis - Frequently Asked Questions

How have CHMI shares performed this year?

Cherry Hill Mortgage Investment's stock was trading at $4.04 at the start of the year. Since then, CHMI shares have decreased by 37.0% and is now trading at $2.5450.
View the best growth stocks for 2024 here.

How were Cherry Hill Mortgage Investment's earnings last quarter?

Cherry Hill Mortgage Investment Co. (NYSE:CHMI) announced its quarterly earnings results 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 had revenue of $14.33 million for the quarter. Cherry Hill Mortgage Investment had a positive trailing twelve-month return on equity of 15.18% and a negative net margin of 60.97%.

Who are Cherry Hill Mortgage Investment's major shareholders?

Cherry Hill Mortgage Investment's top institutional investors 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.

How do I buy shares of Cherry Hill Mortgage Investment?

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.

What other stocks do shareholders of Cherry Hill Mortgage Investment own?

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: 11/23/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/06/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Trading
• Current Symbol: NYSE:CHMI
• CUSIP: N/A
• CIK: 1571776
• Web: www.chmireit.com
• Phone: (877) 870-7005
• 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: +96.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($1.52)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 4.04
• P/E Growth: N/A
• Net Income: $-34,790,000.00
• Net Margins: -60.97%
• Pretax Margin: -60.36%
• Return on Equity: 15.18%
• Return on Assets: 1.45%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.07
• Quick Ratio: 0.07

Sales & Book Value

• Annual Sales: $49.99 million
• Price / Sales: 1.61
• Cash Flow: $0.95 per share
• Price / Cash Flow: 2.69
• Book Value: $4.23 per share
• Price / Book: 0.60

Miscellaneous

• Outstanding Shares: 31,620,000
• Free Float: 31,182,000
• Market Cap: $80.47 million
• Optionable: Optionable
• Beta: 1.47