Cherry Hill Mortgage Investment Corporation (CHMI)

NYSE: CHMI · Real-Time Price · USD

2.550

+0.010 (0.39%)

At close: Nov 22, 2024, 4:00 PM

2.590

+0.040 (1.57%)

After-hours: Nov 22, 2024, 7:52 PM EST

CHMI Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for CHMI stock has a target of 5.00, which predicts an increase of 96.08% from the current stock price of 2.55.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$5.00	$5.00	$5.00	$5.00
Change	+96.08%	+96.08%	+96.08%	+96.08%

* Price targets were last updated on Mar 21, 2024.

Analyst Ratings

The average analyst rating for CHMI stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	1	1	1	1	1	1
Buy	0	0	0	0	0	0
Hold	0	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	2	2	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Steven Delaney JMP Securities	JMP Securities	Hold Reiterates n/a	Hold	Reiterates	n/a	n/a	Jul 10, 2024
Matt Howlett B. Riley Securities	B. Riley Securities	Strong Buy Reiterates $5.5 → $5	Strong Buy	Reiterates	$5.5 → $5	+96.08%	Mar 21, 2024
Matt Howlett B. Riley Securities	B. Riley Securities	Strong Buy Maintains $6 → $5.5	Strong Buy	Maintains	$6 → $5.5	+115.69%	Aug 31, 2023
Matt Howlett B. Riley Securities	B. Riley Securities	Strong Buy Maintains $7 → $6	Strong Buy	Maintains	$7 → $6	+135.29%	Jun 1, 2023
Matt Howlett B. Riley Securities	B. Riley Securities	Strong Buy Maintains $8 → $7	Strong Buy	Maintains	$8 → $7	+174.51%	Oct 25, 2022

More Analyst Ratings

Financial Forecast

Revenue This Year

58.75M

Revenue Next Year

65.89M

from 58.75M

12.15%

from 58.75M

EPS This Year

0.65

from -1.70

EPS Next Year

0.89

from 0.65

36.72%

from 0.65

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	-	-	-	-	-	58.75M	65.89M	-
Revenue Growth	-	-	-	24.59%	-	-	12.15%	-
EPS	-3.53	-3.67	0.14	0.60	-1.70	0.65	0.89	0.97
EPS Growth	-	-	-	328.57%	-	-	36.72%	8.57%
Forward PE	-	-	-	-	-	3.91	2.86	2.63
No. Analysts	-	-	-	-	-	4	4	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025
High	60.5M	67.8M
Avg	58.8M	65.9M
Low	56.4M	63.3M

Revenue Growth

Revenue Growth	2024	2025
High	-	15.5%
Avg	-	12.2%
Low	-	7.8%

EPS Forecast

EPS	2024	2025	2026
High	0.68	0.95	1.00
Avg	0.65	0.89	0.97
Low	0.62	0.83	0.93

EPS Growth

EPS Growth	2024	2025	2026
High	-	44.8%	11.8%
Avg	-	36.7%	8.6%
Low	-	27.6%	4.3%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.