Cherry Hill Mortgage Investment Corporation (CHMI)

NYSE: CHMI · IEX Real-Time Price · USD
3.580
-0.060 (-1.65%)
At close: Feb 20, 2024, 4:00 PM
3.640
+0.060 (1.68%)
After-hours: Feb 20, 2024, 7:59 PM EST
-1.65%
Market Cap 96.58M
Revenue (ttm) -21.45M
Net Income (ttm) -43.68M
Shares Out 26.98M
EPS (ttm) -2.23
PE Ratio n/a
Forward PE 4.25
Dividend $0.60 (16.76%)
Ex-Dividend Date Dec 28, 2023
Volume 166,199
Open 3.520
Previous Close 3.640
Day's Range 3.505 - 3.595
52-Week Range 2.770 - 6.920
Beta 1.53
Analysts Strong Buy
Price Target 5.50 (+53.63%)
Earnings Date Mar 5, 2024

About CHMI

Cherry Hill Mortgage Investment Corporation, a residential real estate finance company, acquires, invests in, and manages residential mortgage assets in the United States. The company operates through Investments in RMBS (residential mortgage-backed securities), Investments in Servicing Related Assets, and All Other segments. It manages a portfolio of servicing related assets and RMBS. Cherry Hill Mortgage Investment Corporation qualifies as a real estate investment trust for federal income tax purposes. The company generally would not be subje... [Read more]

Industry REIT - Mortgage
Sector Real Estate
IPO Date Oct 4, 2013
Country United States
Stock Exchange NYSE
Ticker Symbol CHMI
Full Company Profile

Financial Performance

In 2022, CHMI's revenue was $40.19 million, an increase of 42.84% compared to the previous year's $28.14 million. Earnings were $11.89 million, an increase of 389.14%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for CHMI stock is "Strong Buy" and the 12-month stock price forecast is $5.5.

Price Target
$5.5
(53.63% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Cherry Hill Mortgage Investment Corporation Announces Taxable Composition of 2023 Dividends

FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (the “Company” or “CHMI”) (NYSE: CHMI) today announced the estimated Federal income tax treatment of the Company's 2023 ...

4 weeks ago - Business Wire

Cherry Hill Mortgage Investment Corporation Authorizes Preferred Stock Repurchase Program

FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) today announced that its Board of Directors has authorized the repurchase of up to $50 million of the Compa...

2 months ago - Business Wire

Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the Fourth Quarter 2023

FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) today announced that its Board of Directors declared a dividend of $0.15 per share on the Company's common ...

2 months ago - Business Wire

Cherry Hill Mortgage Investment Corporation Announces Third Quarter 2023 Results

FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) (“Cherry Hill” or the “Company”) today reported results for the third quarter 2023. Third Quarter 2023 High...

3 months ago - Business Wire

Cherry Hill Mortgage Investment Corporation Sets Date for Third Quarter 2023 Earnings Release and Conference Call

FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) today announced that the Company will release third quarter 2023 financial results after the market closes ...

4 months ago - Business Wire

Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the Third Quarter 2023

FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) today announced that its Board of Directors declared a dividend of $0.15 per share on the Company's common ...

5 months ago - Business Wire

Cherry Hill Mortgage Investment Corporation Announces Second Quarter 2023 Results

FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) (“Cherry Hill” or the “Company”) today reported results for the second quarter 2023. Second Quarter 2023 Hi...

7 months ago - Business Wire

Cherry Hill Mortgage Investment Corporation Sets Date for Second Quarter 2023 Earnings Release and Conference Call

FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) today announced that the Company will release second quarter 2023 financial results after the market closes...

7 months ago - Business Wire

Top 5 Financial Stocks That Could Blast Off In July - Allstate (NYSE:ALL), Cherry Hill Mortgage (NYSE:CHMI)

The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies.

Other symbols: ALLFRBKMHLDPGR
7 months ago - Benzinga

Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the Second Quarter 2023

FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) today announced that its Board of Directors declared a dividend of $0.15 per share on the Company's common ...

8 months ago - Business Wire

Cherry Hill Mortgage Investment Corporation Announces First Quarter 2023 Results

FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) (“Cherry Hill” or the “Company”) today reported results for the first quarter 2023. First Quarter 2023 High...

10 months ago - Business Wire

Cherry Hill Mortgage Investment Corporation Sets Date for First Quarter 2023 Earnings Release and Conference Call

FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) today announced that the Company will release first quarter 2023 financial results after the market closes ...

10 months ago - Business Wire

Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the First Quarter 2023

FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) today announced that its Board of Directors declared a dividend of $0.27 per share on the Company's common ...

1 year ago - Business Wire

Cherry Hill Mortgage Investment Corporation Announces Appointment of Sharon Lee Cook to Board of Directors

FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) is pleased to announce the appointment, effective as of March 8, 2023, of Sharon Lee Cook to the Board of D...

1 year ago - Business Wire

Cherry Hill Mortgage Investment Corporation Announces Fourth Quarter and Full Year 2022 Results

FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) (“Cherry Hill” or the “Company”) today reported results for the fourth quarter and full year 2022. Fourth Q...

1 year ago - Business Wire

Cherry Hill Mortgage Investment Corporation Sets Date for Fourth Quarter and Full Year 2022 Earnings Release and Conference Call

FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) today announced that the Company will release fourth quarter and full year 2022 financial results after the...

1 year ago - Business Wire

Best REITS For Reliable Income For 2023

REITs are dividend-paying entities that own or finance real estate.

Other symbols: ARRCIMIVRMFANLYORCRC
1 year ago - Forbes

Cherry Hill Mortgage Investment Corporation Announces Taxable Composition of 2022 Dividends

FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (the “Company” or “CHMI”) (NYSE: CHMI), today announced the estimated Federal income tax treatment of the Company's 20...

1 year ago - Business Wire

Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the Fourth Quarter 2022

FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) today announced that on December 15, 2022, its Board of Directors declared a dividend of $0.27 per share ...

1 year ago - Business Wire

Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the Third Quarter 2022

FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) today announced that its Board of Directors has declared a dividend of $0.27 per share on the Company's com...

1 year ago - Business Wire

Cherry Hill Mortgage Investment Corporation Announces Second Quarter 2022 Results

FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) (“Cherry Hill” or the “Company”) today reported results for the second quarter 2022. Second Quarter 2022 Hi...

1 year ago - Business Wire

Cherry Hill Mortgage Investment Corporation Sets Date for Second Quarter 2022 Earnings Release and Conference Call

FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) today announced that the Company will release second quarter 2022 financial results after the market closes...

1 year ago - Business Wire

Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the Second Quarter 2022

FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) today announced that its Board of Directors has declared a dividend of $0.27 per share on the Company's com...

1 year ago - Business Wire