Cherry Hill Mortgage Investment Corporation, a residential real estate finance company, acquires, invests in, and manages residential mortgage assets in the United States. The company operates through Investments in RMBS and Investments in Servicing Related Assets segments. It manages a portfolio of servicing related assets, residential mortgage-backed securities (RMBS), and prime residential mortgage loans, as well as other residential mortgage assets. The company qualifies as a real estate investment trust for federal income tax purposes. It 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 founded in 2012 and is based in Farmingdale, New Jersey.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Phone877-870-7005
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$57.72 million
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date5/8/2019 (Estimated)
OptionableNot Optionable
Cherry Hill Mortgage Investment (NYSE:CHMI) Frequently Asked Questions
What is Cherry Hill Mortgage Investment's stock symbol?
Cherry Hill Mortgage Investment trades on the New York Stock Exchange (NYSE) under the ticker symbol "CHMI."
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 Wednesday, March 6th. Investors of record on Monday, March 18th will be given a dividend of $0.49 per share on Tuesday, April 30th. This represents a $1.96 annualized dividend and a yield of 11.27%. The ex-dividend date of this dividend is Friday, March 15th. View Cherry Hill Mortgage Investment's Dividend History.
How were Cherry Hill Mortgage Investment's earnings last quarter?
Cherry Hill Mortgage Investment Corp (NYSE:CHMI) issued its quarterly earnings data on Monday, March, 18th. The real estate investment trust reported $0.66 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.51 by $0.15. The real estate investment trust had revenue of $6.57 million for the quarter, compared to analysts' expectations of $5.17 million. Cherry Hill Mortgage Investment had a return on equity of 12.07% and a net margin of 64.66%. View Cherry Hill Mortgage Investment's Earnings History.
When is Cherry Hill Mortgage Investment's next earnings date?
What price target have analysts set for CHMI?
2 analysts have issued 12 month price targets for Cherry Hill Mortgage Investment's shares. Their forecasts range from $19.00 to $20.00. On average, they anticipate Cherry Hill Mortgage Investment's share price to reach $19.50 in the next twelve months. This suggests a possible upside of 12.1% from the stock's current price. View Analyst Price Targets for Cherry Hill Mortgage Investment.
What is the consensus analysts' recommendation for Cherry Hill Mortgage Investment?
Has Cherry Hill Mortgage Investment been receiving favorable news coverage?
Press coverage about CHMI stock has been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Cherry Hill Mortgage Investment earned a news impact score of 1.7 on InfoTrie's scale. They also assigned news stories about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the immediate future.
Who are some of Cherry Hill Mortgage Investment's key competitors?
Some companies that are related to Cherry Hill Mortgage Investment include Saul Centers (BFS), NY MTG TR INC/SH (NYMT), Interrent Real Estate Investment Trust (IIPZF), ARBOR RLTY TR I/SH (ABR), Easterly Government Properties (DEA), Universal Health Realty Income Trust (UHT), Washington Prime Group (WPG), Granite Point Mortgage Trust (GPMT), InfraREIT (HIFR), Independence Realty Trust (IRT), Ramco-Gershenson Properties Trust (RPT), Northstar Realty Europe (NRE), Chatham Lodging Trust (CLDT), NexPoint Residential Trust (NXRT) and CorePoint Lodging (CPLG).
What other stocks do shareholders of Cherry Hill Mortgage Investment own?
Who are Cherry Hill Mortgage Investment's key executives?
Cherry Hill Mortgage Investment's management team includes the folowing people:
- Mr. Jeffrey B. Lown II, Pres, CEO & Director (Age 55)
- Mr. Martin J. Levine, Sec., Treasurer & CFO (Age 67)
- Mr. Julian B. Evans, Chief Investment Officer (Age 49)
- Mr. Michael Hutchby, Controller & Head of Investor Relations
Who are Cherry Hill Mortgage Investment's major shareholders?
Cherry Hill Mortgage Investment's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.62%), Connor Clark & Lunn Investment Management Ltd. (2.54%), Geode Capital Management LLC (1.64%), Geode Capital Management LLC (1.64%), Millennium Management LLC (1.38%) and Prudential Financial Inc. (1.37%). Company insiders that own Cherry Hill Mortgage Investment stock include Jeffrey B Lown, Julian Evans and Martin Levine. View Institutional Ownership Trends for Cherry Hill Mortgage Investment.
Which institutional investors are selling Cherry Hill Mortgage Investment stock?
CHMI stock was sold by a variety of institutional investors in the last quarter, including Thrivent Financial for Lutherans, Prudential Financial Inc., Gables Capital Management Inc., Clear Harbor Asset Management LLC, Mackay Shields LLC, Barclays PLC, MetLife Investment Advisors LLC and D. E. Shaw & Co. Inc.. View Insider Buying and Selling for Cherry Hill Mortgage Investment.
Which institutional investors are buying Cherry Hill Mortgage Investment stock?
CHMI stock was acquired by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Connor Clark & Lunn Investment Management Ltd., Chicago Equity Partners LLC, Two Sigma Investments LP, Municipal Employees Retirement System of Michigan, Millennium Management LLC, BlackRock Inc. and Martingale Asset Management L P. Company insiders that have bought Cherry Hill Mortgage Investment stock in the last two years include Jeffrey B Lown, Julian Evans and Martin Levine. View Insider Buying and Selling for Cherry Hill Mortgage Investment.
How do I buy shares of Cherry Hill Mortgage Investment?
Shares of CHMI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Cherry Hill Mortgage Investment's stock price today?
One share of CHMI stock can currently be purchased for approximately $17.39.
How big of a company is Cherry Hill Mortgage Investment?
Cherry Hill Mortgage Investment has a market capitalization of $289.54 million and generates $57.72 million in revenue each year. The real estate investment trust earns $47.35 million in net income (profit) each year or $2.25 on an earnings per share basis.
What is Cherry Hill Mortgage Investment's official website?
How can I contact Cherry Hill Mortgage Investment?
Cherry Hill Mortgage Investment's mailing address is 1451 ROUTE 34 SUITE 303, FARMINGDALE NJ, 07727. The real estate investment trust can be reached via phone at 877-870-7005 or via email at [email protected] chmireit.com.
MarketBeat Community Rating for Cherry Hill Mortgage Investment (NYSE CHMI)
MarketBeat's community ratings are surveys of what our community members think about Cherry Hill Mortgage Investment and other stocks. Vote "Outperform" if you believe CHMI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CHMI will underperform the S&P 500 over the long term. You may vote once every thirty days.
