Cherry Hill Mortgage Investment Corporation Company Profile (NYSE:CHMI)

About Cherry Hill Mortgage Investment Corporation

Cherry Hill Mortgage Investment Corporation logoCherry Hill Mortgage Investment Corporation is a residential real estate finance company. The Company is focused on acquiring, investing in and managing residential mortgage assets in the United States. Its principal objective is to generate attractive current yields and risk-adjusted total returns for its stockholders over the long term, primarily through dividend distributions and secondarily through capital appreciation. The Company focuses on attaining this objective, subject to market conditions and availability and terms of financing, by selectively constructing and managing a targeted portfolio of Servicing Related Assets, residential mortgage-backed securities (RMBS), prime mortgage loans and other cashflowing residential mortgage assets. The Company operates its business through segments, including investments in RMBS; investments in Servicing Related Assets, and All Other. The Company is externally managed by Cherry Hill Mortgage Management, LLC.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Residential
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: CHMI
  • CUSIP:
Key Metrics:
  • Previous Close: $18.49
  • 50 Day Moving Average: $18.25
  • 200 Day Moving Average: $17.30
  • 52-Week Range: $13.58 - $18.95
  • Trailing P/E Ratio: 16.98
  • Foreward P/E Ratio: 9.25
  • P/E Growth: -3.06
  • Market Cap: $139.14M
  • Outstanding Shares: 7,525,000
  • Beta: 0.34
Profitability:
  • Net Margins: 26.82%
  • Return on Equity: 10.45%
  • Return on Assets: 2.44%
Debt:
  • Current Ratio: 0.08%
  • Quick Ratio: 0.08%
Additional Links:
Companies Related to Cherry Hill Mortgage Investment Corporation:

Analyst Ratings

Consensus Ratings for Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) (?)
Ratings Breakdown: 2 Hold Ratings, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.60)
Consensus Price Target: $19.75 (6.81% upside)

Analysts' Ratings History for Cherry Hill Mortgage Investment Corporation (NYSE:CHMI)
Show:
DateFirmActionRatingPrice TargetDetails
1/8/2017Barclays PLCSet Price TargetHold$19.00View Rating Details
10/5/2016WedbushInitiated CoverageNeutral$17.50View Rating Details
8/11/2016Citigroup Inc.Boost Price TargetBuy$19.00 -> $21.00View Rating Details
5/16/2016Sterne Agee CRTReiterated RatingBuyView Rating Details
5/12/2016FBR & CoReiterated RatingBuyView Rating Details
5/22/2015JMP SecuritiesReiterated RatingOutperform$21.50 -> $21.00View Rating Details
(Data available from 2/24/2015 forward)

Earnings

Earnings History for Cherry Hill Mortgage Investment Corporation (NYSE:CHMI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/13/2017        
11/9/2016Q316$0.46$0.54$4.61 millionViewListenView Earnings Details
8/9/2016Q216$0.49$0.53$5.40 millionViewN/AView Earnings Details
5/10/2016Q116$0.48$0.54$4.61 million$3.53 millionViewListenView Earnings Details
3/15/2016Q415$0.49$0.49$4.61 millionViewListenView Earnings Details
11/9/2015Q315$0.51$0.47$4.61 million$4.87 millionViewN/AView Earnings Details
8/10/2015Q215$0.52$0.48$4.61 millionViewListenView Earnings Details
5/11/2015Q115$0.46$0.50$4.61 million$5.20 millionViewListenView Earnings Details
3/11/2015Q4$0.48($0.07)$4.90 million$5.40 millionViewN/AView Earnings Details
11/12/2014Q3$0.49$0.37$5.03 million$5.10 millionViewN/AView Earnings Details
8/12/2014Q214$0.50$0.49ViewN/AView Earnings Details
5/13/2014Q1$0.52$0.54$5.00 millionViewN/AView Earnings Details
3/26/2014$0.36$0.42ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Cherry Hill Mortgage Investment Corporation (NYSE:CHMI)
Current Year EPS Consensus Estimate: $2.11 EPS
Next Year EPS Consensus Estimate: $2.00 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.52$0.52$0.52
Q4 20161$0.48$0.48$0.48
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Cherry Hill Mortgage Investment Corporation (NYSE:CHMI)
Annual Dividend:$1.96
Dividend Yield:10.60%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:179.82% (Based on Trailing 12 Months of Earnings)
92.89% (Based on Current Year Consensus EPS Estimate)
98.00% (Based on Next Year Consensus EPS Estimate)

Dividend History for Cherry Hill Mortgage Investment Corporation (NYSE:CHMI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/9/2016$0.6412/28/201612/31/20161/31/2017
9/9/2016Quarterly$0.499/28/20169/30/201610/25/2016
6/17/2016Quarterly$0.496/28/20166/30/20167/26/2016
3/9/2016Quarterly$0.493/29/20163/31/20164/26/2016
12/11/2015Quarterly$0.4912/29/201512/31/20151/26/2016
9/10/2015$0.499/28/20159/30/201510/27/2015
6/19/2015quarterly$0.4911.23%6/26/20156/30/20157/28/2015
3/6/2015quarterly$0.5111.35%3/27/20153/31/20154/28/2015
12/17/2014quarterly$0.5110.93%12/26/201412/30/20141/27/2015
9/11/2014quarterly$0.5110.36%9/26/20149/30/201410/28/2014
6/11/2014quarterly$0.5110.48%6/26/20146/30/20147/29/2014
3/18/2014quarterly$0.5010.89%3/31/20144/2/20144/29/2014
12/24/2013special$0.4512/24/201312/27/20131/28/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Cherry Hill Mortgage Investment Corporation (NYSE:CHMI)
Insider Ownership Percentage: 14.90%
Institutional Ownership Percentage: 47.60%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/18/2016Jeffrey B LownPresidentBuy500$17.04$8,520.00View SEC Filing  
11/18/2016Martin LevineCFOBuy1,000$17.16$17,160.00View SEC Filing  
5/13/2016Julian EvansCIOBuy500$14.74$7,370.00View SEC Filing  
5/13/2016Martin LevineCFOBuy1,000$14.72$14,720.00View SEC Filing  
8/14/2015Martin LevineCFOBuy1,000$16.21$16,210.00View SEC Filing  
5/14/2015Martin LevineCFOBuy1,000$17.90$17,900.00View SEC Filing  
8/25/2014Martin LevineCFOBuy1,500$19.78$29,670.00View SEC Filing  
5/16/2014Jay LownInsiderBuy1,350$18.87$25,474.50View SEC Filing  
5/16/2014Martin LevineCFOBuy3,200$19.00$60,800.00View SEC Filing  
10/9/2013Jay LownCIOBuy3,750$20.00$75,000.00View SEC Filing  
10/9/2013Martin LevineCFOBuy5,900$17.58$103,722.00View SEC Filing  
10/7/2013Citadel Gp LlcMajor ShareholderSell208,855$17.82$3,721,796.10View SEC Filing  
10/4/2013Citadel Gp LlcMajor ShareholderSell135,705$18.55$2,517,327.75View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Cherry Hill Mortgage Investment Corporation (NYSE:CHMI)
DateHeadline
capitalcube.com logoCherry Hill Mortgage Investment Corp. : CHMI-US: Dividend Analysis : December 31st, 2016 (record date) : By the numbers : February 21, 2017 (NYSE:CHMI)
www.capitalcube.com - February 22 at 12:08 PM
News IconBRIEF-Cherry Hill Mortgage Investment receives Ginnie Mae approval to buy MSRS (NYSE:CHMI)
fixedincome.fidelity.com - February 10 at 2:40 AM
seekingalpha.com logoCherry Hill Mortgage receives Ginnie Mae green light for MSR purchases (NYSE:CHMI)
seekingalpha.com - February 9 at 9:39 PM
finance.yahoo.com logoCherry Hill Mortgage Investment Corporation Receives Ginnie Mae Approval to Purchase MSRs (NYSE:CHMI)
finance.yahoo.com - February 9 at 4:38 PM
finance.yahoo.com logoCherry Hill Mortgage Investment Corporation Announces Taxable Composition of 2016 Dividends (NYSE:CHMI)
finance.yahoo.com - February 2 at 4:33 PM
finance.yahoo.com logoNew Strong Sell Stocks for January 25th (NYSE:CHMI)
finance.yahoo.com - January 25 at 5:25 PM
News IconShould You Sell Arlington Asset Investment Corp Based On Current Broker Views? (NYSE:CHMI)
lasignare.com - January 19 at 5:29 PM
News IconBrokerages Set Cherry Hill Mortgage Investment Corporation (CHMI) PT at $19.17 (NYSE:CHMI)
xboxonezone.com - January 19 at 5:29 PM
4-traders.com logoCHERRY HILL MORTGAGE INVESTMENT CORP : Entry into a Material Definitive Agreement (form 8-K) (NYSE:CHMI)
www.4-traders.com - January 17 at 10:06 PM
biz.yahoo.com logoCHERRY HILL MORTGAGE INVESTMENT CORP Files SEC form 8-K, Entry into a Material Definitive Agreement (NYSE:CHMI)
biz.yahoo.com - January 17 at 5:04 PM
finance.yahoo.com logoThe Zacks Analyst Blog Highlights: America's Car-Mart, Central Garden & Pet, Heritage-Crystal Clean, Cherry Hill Mortgage Investment and Comerica (NYSE:CHMI)
finance.yahoo.com - January 9 at 5:28 PM
News IconCherry Hill Mortgage Investment Corporation (NYSE:CHMI) Valuation According To Analysts (NYSE:CHMI)
myhealthbowl.com - December 22 at 3:02 AM
capitalcube.com logoETFs with exposure to Cherry Hill Mortgage Investment Corp. : December 14, 2016 (NYSE:CHMI)
www.capitalcube.com - December 14 at 5:17 PM
us.rd.yahoo.com logo4:15 pm Cherry Hill Mortgage's Board declares a special cash dividend of $0.15/share in order to fulfill the requirement of distributing at least 90% of its annual REIT taxable income to stockholders (NYSE:CHMI)
us.rd.yahoo.com - December 9 at 9:36 PM
seekingalpha.com logoCherry Hill Mortgage declares $0.49 dividend (NYSE:CHMI)
seekingalpha.com - December 8 at 5:04 PM
reuters.com logoBRIEF-Cherry Hill Mortgage Investment board of directors declares a special cash dividend of $0.15 per share (NYSE:CHMI)
www.reuters.com - December 8 at 5:04 PM
finance.yahoo.com logoCherry Hill Mortgage Investment Corporation Announces Dividend for the Fourth Quarter 2016 and $0.15 Per Share Special Cash Dividend (NYSE:CHMI)
finance.yahoo.com - December 8 at 5:04 PM
News IconRecapping Existing Home Sales; Reverse Mortgage Conference and Issuance Trends (NYSE:CHMI)
www.mortgagenewsdaily.com - December 8 at 7:48 AM
finance.yahoo.com logo4 Best REIT Stocks for 2017 (NYSE:CHMI)
finance.yahoo.com - December 7 at 4:55 PM
capitalcube.com logoCherry Hill Mortgage Investment Corp. :CHMI-US: Earnings Analysis: Q3, 2016 By the Numbers : November 28, 2016 (NYSE:CHMI)
www.capitalcube.com - November 30 at 8:01 AM
finance.yahoo.com logoIs Cherry Hill Mortgage Investment (CHMI) Stock a Solid Choice Right Now? (NYSE:CHMI)
finance.yahoo.com - November 30 at 8:01 AM
4-traders.com logoCHERRY HILL MORTGAGE INVESTMENT : CHMI) Files An 8-K Entry into a Material Definitive Agreement (NYSE:CHMI)
www.4-traders.com - November 16 at 9:53 PM
4-traders.com logoCherry Hill Mortgage Investment Corporation : Announces Sale of Its Excess MSR Portfolio (NYSE:CHMI)
www.4-traders.com - November 15 at 4:31 PM
finance.yahoo.com logoCherry Hill Mortgage Investment Corporation Announces Sale of Its Excess MSR Portfolio (NYSE:CHMI)
finance.yahoo.com - November 15 at 4:31 PM
biz.yahoo.com logoCHERRY HILL MORTGAGE INVESTMENT CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Regulation FD Di (NYSE:CHMI)
biz.yahoo.com - November 15 at 4:31 PM
finance.yahoo.com logoEdited Transcript of CHMI earnings conference call or presentation 9-Nov-16 10:00pm GMT (NYSE:CHMI)
finance.yahoo.com - November 10 at 11:29 AM
reuters.com logoBRIEF-Cherry Hill Mortgage Investment Q3 core earnings per share $0.54 (NYSE:CHMI)
www.reuters.com - November 9 at 10:39 PM
sg.finance.yahoo.com logoCherry Hill beats 3Q profit forecasts (NYSE:CHMI)
sg.finance.yahoo.com - November 9 at 10:39 PM
finance.yahoo.com logoCherry Hill Mortgage Investment Corporation Announces Third Quarter 2016 Results (NYSE:CHMI)
finance.yahoo.com - November 9 at 4:17 PM
biz.yahoo.com logoQ3 2016 Cherry Hill Mortgage Investment Corp Earnings Release - After Market Close (NYSE:CHMI)
biz.yahoo.com - November 9 at 12:08 PM
publicnow.com logoCherry Hill Mortgage Investment Corporation Sets Date for Third Quarter 2016 Earnings Release and Conference Call (NYSE:CHMI)
www.publicnow.com - November 2 at 10:04 PM
capitalcube.com logoCherry Hill Mortgage Investment Corp. : CHMI-US: Dividend Analysis : September 30th, 2016 (record date) : By the numbers : October 11, 2016 (NYSE:CHMI)
www.capitalcube.com - October 11 at 4:18 PM
finance.yahoo.com logoCoverage initiated on Cherry Hill Mortgage by Wedbush (NYSE:CHMI)
finance.yahoo.com - October 6 at 9:50 AM
capitalcube.com logoETF’s with exposure to Cherry Hill Mortgage Investment Corp. : October 6, 2016 (NYSE:CHMI)
www.capitalcube.com - October 6 at 9:50 AM
biz.yahoo.com logoCHERRY HILL MORTGAGE INVESTMENT CORP Files SEC form 8-K, Notice of Delisting or Failure to Satisfy a Continued Listin (NYSE:CHMI)
biz.yahoo.com - September 23 at 3:37 PM
4-traders.com logoCherry Hill Mortgage Investment : The Profit of Cherry Hill Mortgage Investment Corp (CHMI) Expected to Decline (NYSE:CHMI)
www.4-traders.com - September 19 at 8:56 AM
publicnow.com logoCherry Hill Mortgage Investment Corporation Announces Dividend for the Third Quarter 2016 (NYSE:CHMI)
www.publicnow.com - September 9 at 9:01 AM
capitalcube.com logoETF’s with exposure to Cherry Hill Mortgage Investment Corp. : August 22, 2016 (NYSE:CHMI)
www.capitalcube.com - August 22 at 4:17 PM
capitalcube.com logoCherry Hill Mortgage Investment Corp. :CHMI-US: Earnings Analysis: Q2, 2016 By the Numbers : August 18, 2016 (NYSE:CHMI)
www.capitalcube.com - August 18 at 11:32 AM
News IconCherry Hill Mortgage (NYSE:CHMI) Receives 'Buy' Rating From Brokers At Citigroup (NYSE:CHMI)
potiner.com - August 12 at 4:11 PM
reuters.com logoBRIEF-Cherry Hill Mortgage Investment Q2 GAAP earnings per share $0.04 (NYSE:CHMI)
www.reuters.com - August 11 at 11:54 AM
cnbc.com logoCherry Hill posts 2Q profit (NYSE:CHMI)
www.cnbc.com - August 11 at 11:54 AM
seekingalpha.com logoCherry Hill Mortgage Investment's (CHMI) Q2 2016 Results - Earnings Call Transcript (NYSE:CHMI)
seekingalpha.com - August 11 at 11:54 AM
finance.yahoo.com logoCherry Hill Mortgage Investment Corporation Announces Second Quarter 2016 Results (NYSE:CHMI)
finance.yahoo.com - August 9 at 4:29 PM
biz.yahoo.com logoQ2 2016 Cherry Hill Mortgage Investment Corp Earnings Release - After Market Close (NYSE:CHMI)
biz.yahoo.com - August 9 at 11:53 AM
finance.yahoo.com logoCherry Hill Mortgage Investment Corporation Sets Date for Second Quarter 2016 Earnings Release and Conference Call (NYSE:CHMI)
finance.yahoo.com - August 2 at 4:18 PM
nasdaq.com logoTuesday's ETF Movers: REM, XME (NYSE:CHMI)
www.nasdaq.com - July 20 at 11:31 PM
capitalcube.com logoCherry Hill Mortgage Investment Corp. : CHMI-US: Dividend Analysis : June 30th, 2016 (record date) : By the numbers : July 20, 2016 (NYSE:CHMI)
www.capitalcube.com - July 20 at 11:29 AM
capitalcube.com logoCherry Hill Mortgage Investment Corp. : CHMI-US: Dividend Analysis : June 30th, 2016 (record date) : By the numbers : June 27, 2016 (NYSE:CHMI)
www.capitalcube.com - June 27 at 1:23 PM
publicnow.com logoCherry Hill Mortgage Investment Corporation Announces Dividend for the Second Quarter 2016 (NYSE:CHMI)
www.publicnow.com - June 16 at 4:49 PM

Social

What is Cherry Hill Mortgage Investment Corporation's stock symbol?

Cherry Hill Mortgage Investment Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "CHMI."

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

Cherry Hill Mortgage Investment Corporation announced a dividend on Friday, December 9th. Shareholders of record on Saturday, December 31st will be given a dividend of $0.64 per share on Tuesday, January 31st. The ex-dividend date of this dividend is Wednesday, December 28th. This is a positive change from Cherry Hill Mortgage Investment Corporation's previous dividend of $0.49.

Where is Cherry Hill Mortgage Investment Corporation's stock going? Where will Cherry Hill Mortgage Investment Corporation's stock price be in 2017?

5 brokerages have issued twelve-month target prices for Cherry Hill Mortgage Investment Corporation's shares. Their predictions range from $17.50 to $21.50. On average, they expect Cherry Hill Mortgage Investment Corporation's stock price to reach $19.75 in the next year.

When will Cherry Hill Mortgage Investment Corporation announce their earnings?

Cherry Hill Mortgage Investment Corporation is scheduled to release their next quarterly earnings announcement on Monday, March, 13th 2017.

Who owns Cherry Hill Mortgage Investment Corporation stock?

Cherry Hill Mortgage Investment Corporation's stock is owned by a number of of institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (7.81%), Putnam Investments LLC (1.47%), Ladenburg Thalmann Financial Services Inc. (0.22%) and Russell Investments Group Ltd. (0.15%). Company insiders that own Cherry Hill Mortgage Investment Corporation stock include Jeffrey B Lown, Julian Evans and Martin Levine.

Who bought Cherry Hill Mortgage Investment Corporation stock? Who is buying Cherry Hill Mortgage Investment Corporation stock?

Cherry Hill Mortgage Investment Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Russell Investments Group Ltd., Putnam Investments LLC and Ladenburg Thalmann Financial Services Inc.. Company insiders that have bought Cherry Hill Mortgage Investment Corporation stock in the last two years include Jeffrey B Lown, Julian Evans and Martin Levine.

How do I buy Cherry Hill Mortgage Investment Corporation stock?

Shares of Cherry Hill Mortgage Investment Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Cherry Hill Mortgage Investment Corporation stock cost?

One share of Cherry Hill Mortgage Investment Corporation stock can currently be purchased for approximately $18.49.

Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Cherry Hill Mortgage Investment Corporation (NYSE:CHMI)

Earnings History Chart

Earnings by Quarter for Cherry Hill Mortgage Investment Corporation (NYSE:CHMI)

Dividend History Chart

Dividend Payments by Quarter for Cherry Hill Mortgage Investment Corporation (NYSE:CHMI)

Last Updated on 2/24/2017 by MarketBeat.com Staff