Cherry Hill Mortgage Investment (NYSE:CHMI - Get Free Report) will be posting its quarterly earnings results after the market closes on Monday, May 6th. Analysts expect Cherry Hill Mortgage Investment to post earnings of $0.18 per share for the quarter. Individual interested in registering for the company's earnings conference call can do so using this link.
Cherry Hill Mortgage Investment (NYSE:CHMI - Get Free Report) last posted its earnings results on Thursday, March 7th. The real estate investment trust reported $0.19 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.01). Cherry Hill Mortgage Investment had a positive return on equity of 19.65% and a negative net margin of 69.00%. The company had revenue of $12.79 million during the quarter, compared to analysts' expectations of $3.11 million. During the same period in the prior year, the business posted $0.24 earnings per share. On average, analysts expect Cherry Hill Mortgage Investment to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Cherry Hill Mortgage Investment Stock Performance
NYSE CHMI remained flat at $3.49 during trading hours on Thursday. 80,325 shares of the company were exchanged, compared to its average volume of 215,991. Cherry Hill Mortgage Investment has a one year low of $2.77 and a one year high of $5.39. The company has a market cap of $104.62 million, a price-to-earnings ratio of -2.05 and a beta of 1.45. The business's 50-day simple moving average is $3.47 and its 200-day simple moving average is $3.63.
Cherry Hill Mortgage Investment Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 30th. Investors of record on Thursday, March 28th were given a dividend of $0.15 per share. The ex-dividend date was Wednesday, March 27th. This represents a $0.60 dividend on an annualized basis and a yield of 17.22%. Cherry Hill Mortgage Investment's dividend payout ratio (DPR) is currently -35.29%.
Wall Street Analysts Forecast Growth
Several brokerages have issued reports on CHMI. StockNews.com raised shares of Cherry Hill Mortgage Investment from a "sell" rating to a "hold" rating in a report on Friday, March 15th. B. Riley reaffirmed a "buy" rating and issued a $5.00 target price (down from $5.50) on shares of Cherry Hill Mortgage Investment in a report on Thursday, March 21st.
Read Our Latest Analysis on Cherry Hill Mortgage Investment
Cherry Hill Mortgage Investment Company Profile
(
Get Free Report)
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.
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