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
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
Current SymbolNYSE:CHMI
Previous Symbol
CUSIPN/A
Phone877-870-7005
Debt
Debt-to-Equity RatioN/A
Current Ratio0.04
Quick Ratio0.04
Price-To-Earnings
Trailing P/E Ratio8.56
Forward P/E Ratio9.10
P/E GrowthN/A
Sales & Book Value
Annual Sales$42.05 million
Price / Sales7.32
Cash Flow$2.6699 per share
Price / Cash7.12
Book Value$19.99 per share
Price / Book0.95
Profitability
EPS (Most Recent Fiscal Year)$2.22
Net Income$47.35 million
Net Margins175.86%
Return on Equity11.20%
Return on Assets1.55%
Miscellaneous
EmployeesN/A
Outstanding Shares16,190,000
Market Cap$309.38 million
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 declared a quarterly dividend on Thursday, September 6th. Investors of record on Friday, September 28th will be paid a dividend of $0.49 per share on Tuesday, October 30th. This represents a $1.96 annualized dividend and a yield of 10.31%. The ex-dividend date of this dividend is Thursday, September 27th. 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) announced its quarterly earnings results on Wednesday, November, 7th. The real estate investment trust reported $0.55 EPS for the quarter, beating the Zacks' consensus estimate of $0.51 by $0.04. The real estate investment trust earned $6.07 million during the quarter, compared to the consensus estimate of $3.43 million. Cherry Hill Mortgage Investment had a net margin of 175.86% and a return on equity of 11.20%. 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 equities research analysts have issued 12-month target prices for Cherry Hill Mortgage Investment's stock. Their forecasts range from $19.00 to $19.00. On average, they expect Cherry Hill Mortgage Investment's share price to reach $19.00 in the next twelve months. This suggests that the stock has a possible downside of 0.1%. 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?
News stories about CHMI stock have trended somewhat positive this week, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Cherry Hill Mortgage Investment earned a media sentiment score of 1.3 on InfoTrie's scale. They also gave media headlines about the real estate investment trust a news buzz of 8.0 out of 10, meaning that recent press coverage is very likely to have an effect on the stock's share price in the near future.
Who are some of Cherry Hill Mortgage Investment's key competitors?
Some companies that are related to Cherry Hill Mortgage Investment include Hannon Armstrong Sustnbl Infrstr Cap (HASI), Monmouth R.E. Inv. (MNR), KKR Real Estate Finance Trust (KREF), Summit Hotel Properties (INN), Saul Centers (BFS), Easterly Government Properties (DEA), ARBOR Rlty Tr I/SH (ABR), Interrent Real Estate Investment Trust (IIPZF), ARMOUR Residential REIT (ARR), InfraREIT (HIFR), Chatham Lodging Trust (CLDT), Universal Health Realty Income Trust (UHT), Independence Realty Trust (IRT), CorePoint Lodging (CPLG) and NY MTG TR INC/SH (NYMT).
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 54)
- Mr. Martin J. Levine, Sec., Treasurer & CFO (Age 66)
- Mr. Julian B. Evans, Chief Investment Officer (Age 48)
- 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 a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.60%), Renaissance Technologies LLC (7.81%), JPMorgan Chase & Co. (3.83%), JPMorgan Chase & Co. (3.74%), Connor Clark & Lunn Investment Management Ltd. (1.73%) and Prudential Financial Inc. (1.50%). 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?
Which institutional investors are buying Cherry Hill Mortgage Investment stock?
CHMI stock was purchased by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., JPMorgan Chase & Co., BlackRock Inc., Connor Clark & Lunn Investment Management Ltd., Renaissance Technologies LLC, Acadian Asset Management LLC, Sterling Capital Management LLC and Citadel Advisors LLC. 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 $19.01.
How big of a company is Cherry Hill Mortgage Investment?
Cherry Hill Mortgage Investment has a market capitalization of $309.38 million and generates $42.05 million in revenue each year. The real estate investment trust earns $47.35 million in net income (profit) each year or $2.22 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]
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.
