NYSE:CHMI

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

$3.47
+0.03 (+0.87%)
(As of 05/1/2024 ET)
Today's Range
$3.42
$3.52
50-Day Range
$3.20
$3.74
52-Week Range
$2.77
$5.46
Volume
108,344 shs
Average Volume
217,566 shs
Market Capitalization
$104.17 million
P/E Ratio
N/A
Dividend Yield
17.29%
Price Target
$5.00

Cherry Hill Mortgage Investment MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
44.1% Upside
$5.00 Price Target
Short Interest
Healthy
1.41% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.08mentions of Cherry Hill Mortgage Investment in the last 14 days
Based on 11 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
22.67%
From $0.75 to $0.92 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.82 out of 5 stars

Finance Sector

342nd out of 836 stocks

Real Estate Investment Trusts Industry

66th out of 175 stocks

CHMI stock logo

About Cherry Hill Mortgage Investment Stock (NYSE:CHMI)

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.

CHMI Stock Price History

CHMI Stock News Headlines

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See More Headlines
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Company Calendar

Last Earnings
3/07/2024
Ex-Dividend for 4/30 Dividend
3/27/2024
Dividend Payable
4/30/2024
Today
5/01/2024
Next Earnings (Estimated)
5/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
N/A
Fax
N/A
Employees
N/A
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
+44.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-34,790,000.00
Pretax Margin
-74.08%

Debt

Sales & Book Value

Annual Sales
$49.99 million
Cash Flow
$0.99 per share
Book Value
$5.30 per share

Miscellaneous

Free Float
29,690,000
Market Cap
$104.17 million
Optionable
Optionable
Beta
1.46
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CHMI Stock Analysis - Frequently Asked Questions

Should I buy or sell Cherry Hill Mortgage Investment stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cherry Hill Mortgage Investment in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CHMI shares.
View CHMI analyst ratings
or view top-rated stocks.

What is Cherry Hill Mortgage Investment's stock price target for 2024?

2 Wall Street analysts have issued 12 month price objectives for Cherry Hill Mortgage Investment's shares. Their CHMI share price targets range from $5.00 to $5.00. On average, they predict the company's share price to reach $5.00 in the next twelve months. This suggests a possible upside of 44.1% from the stock's current price.
View analysts price targets for CHMI
or view top-rated stocks among Wall Street analysts.

How have CHMI shares performed in 2024?

Cherry Hill Mortgage Investment's stock was trading at $4.04 at the start of the year. Since then, CHMI stock has decreased by 14.1% and is now trading at $3.47.
View the best growth stocks for 2024 here
.

Are investors shorting Cherry Hill Mortgage Investment?

Cherry Hill Mortgage Investment saw a drop in short interest in April. As of April 15th, there was short interest totaling 423,300 shares, a drop of 20.7% from the March 31st total of 533,500 shares. Based on an average trading volume of 222,500 shares, the days-to-cover ratio is currently 1.9 days.
View Cherry Hill Mortgage Investment's Short Interest
.

When is Cherry Hill Mortgage Investment's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024.
View our CHMI earnings forecast
.

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

Cherry Hill Mortgage Investment Co. (NYSE:CHMI) released its quarterly earnings data on Thursday, March, 7th. The real estate investment trust reported $0.19 EPS for the quarter, missing analysts' consensus estimates of $0.20 by $0.01. The real estate investment trust had revenue of $12.79 million for the quarter, compared to analysts' expectations of $3.11 million. Cherry Hill Mortgage Investment had a positive trailing twelve-month return on equity of 19.65% and a negative net margin of 69.00%. During the same quarter last year, the business earned $0.24 earnings per share.

How often does Cherry Hill Mortgage Investment pay dividends? What is the dividend yield for Cherry Hill Mortgage Investment?

Cherry Hill Mortgage Investment announced a quarterly dividend on Thursday, March 14th. Stockholders of record on Thursday, March 28th will be given a dividend of $0.15 per share on Tuesday, April 30th. This represents a $0.60 annualized dividend and a yield of 17.29%. The ex-dividend date is Wednesday, March 27th.
Read our dividend analysis for CHMI
.

Is Cherry Hill Mortgage Investment a good dividend stock?

Cherry Hill Mortgage Investment (NYSE:CHMI) pays an annual dividend of $0.60 per share and currently has a dividend yield of 17.34%. CHMI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for CHMI.

What ETF holds Cherry Hill Mortgage Investment's stock?

Kingsbarn Dividend Opportunity ETF holds 7,607 shares of CHMI stock, representing 4.57% of its portfolio.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Cherry Hill Mortgage Investment investors own include Energy Transfer (ET), Annaly Capital Management (NLY), New Residential Investment (NRZ), AGNC Investment (AGNC), NGL Energy Partners (NGL), Chimera Investment (CIM), Ares Capital (ARCC), Orchid Island Capital (ORC), AT&T (T) and Enterprise Products Partners (EPD).

Who are Cherry Hill Mortgage Investment's major shareholders?

Cherry Hill Mortgage Investment's stock is owned by a variety of institutional and retail investors. Top institutional investors include Concourse Financial Group Securities Inc. (0.00%).
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.

This page (NYSE:CHMI) was last updated on 5/2/2024 by MarketBeat.com Staff

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