Cherry Hill Mortgage Investment (CHMI) Projected to Post Quarterly Earnings on Monday

Cherry Hill Mortgage Investment (NYSE:CHMI - Get Free Report) is projected to release its Q1 2025 earnings data after the market closes on Monday, May 5th. Analysts expect the company to announce earnings of $0.11 per share and revenue of $2.39 million for the quarter.

Cherry Hill Mortgage Investment (NYSE:CHMI - Get Free Report) last issued its quarterly earnings results on Thursday, March 6th. The real estate investment trust reported $0.10 earnings per share for the quarter, meeting the consensus estimate of $0.10. Cherry Hill Mortgage Investment had a positive return on equity of 15.18% and a negative net margin of 60.97%. The company had revenue of $0.66 million during the quarter, compared to the consensus estimate of $1.50 million. On average, analysts expect Cherry Hill Mortgage Investment to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Cherry Hill Mortgage Investment Trading Up 1.4 %

NYSE:CHMI traded up $0.04 during trading hours on Friday, hitting $2.99. The stock had a trading volume of 188,013 shares, compared to its average volume of 260,156. The business has a 50 day simple moving average of $3.15 and a two-hundred day simple moving average of $3.06. The company has a market cap of $97.65 million, a PE ratio of -1.97 and a beta of 1.05. Cherry Hill Mortgage Investment has a 1-year low of $2.34 and a 1-year high of $3.99.

Cherry Hill Mortgage Investment Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 30th. Shareholders of record on Monday, March 31st were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 20.07%. Cherry Hill Mortgage Investment's dividend payout ratio (DPR) is 1,000.00%.

Insiders Place Their Bets

In other news, Director Sharon L. Cook sold 13,000 shares of the stock in a transaction dated Tuesday, March 25th. The shares were sold at an average price of $3.64, for a total transaction of $47,320.00. Following the completion of the sale, the director now directly owns 19,513 shares in the company, valued at approximately $71,027.32. This represents a 39.98 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.40% of the company's stock.

Analyst Ratings Changes

A number of brokerages have recently commented on CHMI. B. Riley upgraded Cherry Hill Mortgage Investment to a "strong-buy" rating in a report on Tuesday, January 7th. Janney Montgomery Scott initiated coverage on Cherry Hill Mortgage Investment in a report on Thursday, January 2nd. They issued a "buy" rating and a $4.00 price target for the company. StockNews.com raised shares of Cherry Hill Mortgage Investment from a "sell" rating to a "hold" rating in a research report on Friday, March 7th. Finally, JMP Securities restated a "market perform" rating on shares of Cherry Hill Mortgage Investment in a report on Thursday, January 23rd.

Cherry Hill Mortgage Investment Company Profile

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.