Cherry Hill Mortgage Investment (CHMI) to Release Quarterly Earnings on Tuesday

Cherry Hill Mortgage Investment (NYSE:CHMI - Get Free Report) will likely be releasing its Q1 2025 earnings data after the market closes on Tuesday, May 6th. 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 released its quarterly earnings results on Thursday, March 6th. The real estate investment trust reported $0.10 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.10. The firm had revenue of $0.66 million for the quarter, compared to the consensus estimate of $1.50 million. Cherry Hill Mortgage Investment had a negative net margin of 60.97% and a positive return on equity of 15.18%. 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 on Friday, reaching $2.99. The stock had a trading volume of 221,713 shares, compared to its average volume of 261,446. The company has a 50-day moving average of $3.14 and a 200 day moving average of $3.05. The stock has a market cap of $97.65 million, a P/E ratio of -1.97 and a beta of 1.05. Cherry Hill Mortgage Investment has a 12-month low of $2.34 and a 12-month high of $3.99.

Cherry Hill Mortgage Investment Announces Dividend

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

Analyst Ratings Changes

A number of equities analysts have issued reports on CHMI shares. JMP Securities reaffirmed a "market perform" rating on shares of Cherry Hill Mortgage Investment in a research report on Thursday, January 23rd. B. Riley raised shares of Cherry Hill Mortgage Investment to a "strong-buy" rating in a report on Tuesday, January 7th. Finally, StockNews.com raised shares of Cherry Hill Mortgage Investment from a "sell" rating to a "hold" rating in a report on Friday, March 7th.

Insider Activity at Cherry Hill Mortgage Investment

In other Cherry Hill Mortgage Investment news, Director Sharon L. Cook sold 13,000 shares of the business's stock in a transaction on 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 owns 19,513 shares in the company, valued at $71,027.32. The trade was a 39.98 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 1.40% of the company's stock.

About Cherry Hill Mortgage Investment

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.