S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Demand for grocery delivery cools as food costs rise
Shift in war's front seen as ships cleared to leave Ukraine
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Dems push Biden climate, health priorities toward Senate OK
Transit woes mount for Boston's beleaguered subway riders
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Demand for grocery delivery cools as food costs rise
Shift in war's front seen as ships cleared to leave Ukraine
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Dems push Biden climate, health priorities toward Senate OK
Transit woes mount for Boston's beleaguered subway riders
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Demand for grocery delivery cools as food costs rise
Shift in war's front seen as ships cleared to leave Ukraine
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Dems push Biden climate, health priorities toward Senate OK
Transit woes mount for Boston's beleaguered subway riders
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Demand for grocery delivery cools as food costs rise
Shift in war's front seen as ships cleared to leave Ukraine
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Dems push Biden climate, health priorities toward Senate OK
Transit woes mount for Boston's beleaguered subway riders
NYSE:CHMI

Cherry Hill Mortgage Investment - CHMI Stock Forecast, Price & News

$6.86
-0.03 (-0.44%)
(As of 08/5/2022 12:00 AM ET)
Add
Compare
Today's Range
$6.81
$6.95
50-Day Range
$6.28
$7.30
52-Week Range
$6.06
$9.55
Volume
241,421 shs
Average Volume
168,940 shs
Market Capitalization
$134.80 million
P/E Ratio
19.60
Dividend Yield
15.74%
Price Target
$8.00

Cherry Hill Mortgage Investment MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
16.6% Upside
$8.00 Price Target
Short Interest
Healthy
5.85% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.59mentions of Cherry Hill Mortgage Investment in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-5.88%
From $1.19 to $1.12 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.95 out of 5 stars

Finance Sector

807th out of 1,176 stocks

Real Estate Investment Trusts Industry

159th out of 215 stocks

Cherry Hill Mortgage Investment logo

About Cherry Hill Mortgage Investment (NYSE:CHMI) Stock

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 (residential mortgage-backed securities), Investments in Servicing Related Assets, and All Other segments. It manages a portfolio of servicing related assets and RMBS. Cherry Hill Mortgage Investment Corporation qualifies as a real estate investment trust for federal income tax purposes. The company 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 incorporated in 2012 and is based in Farmingdale, New Jersey.

Wall Street Analyst Weigh In

Separately, B. Riley lowered their target price on shares of Cherry Hill Mortgage Investment from $10.50 to $8.00 and set a "buy" rating on the stock in a research note on Thursday, July 21st.

Cherry Hill Mortgage Investment Price Performance

Shares of CHMI Stock traded down $0.03 during trading hours on Friday, reaching $6.86. 241,421 shares of the company were exchanged, compared to its average volume of 168,940. Cherry Hill Mortgage Investment has a fifty-two week low of $6.06 and a fifty-two week high of $9.55. The stock's fifty day moving average is $6.74 and its two-hundred day moving average is $7.20. The company has a market cap of $134.80 million, a price-to-earnings ratio of 19.60 and a beta of 1.14.

Cherry Hill Mortgage Investment (NYSE:CHMI - Get Rating) last announced its earnings results on Monday, May 9th. The real estate investment trust reported $0.34 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.33 by $0.01. Cherry Hill Mortgage Investment had a net margin of 71.33% and a return on equity of 21.56%. During the same quarter last year, the business earned $0.21 EPS. On average, research analysts anticipate that Cherry Hill Mortgage Investment will post 1.19 earnings per share for the current year.

Cherry Hill Mortgage Investment Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 26th. Investors of record on Thursday, June 30th were issued a $0.27 dividend. The ex-dividend date of this dividend was Wednesday, June 29th. This represents a $1.08 annualized dividend and a yield of 15.74%. Cherry Hill Mortgage Investment's dividend payout ratio is currently 308.58%.

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CHMI Stock News Headlines

Rabid Groundhog Found In Cherry Hill
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CHMI Company Calendar

Last Earnings
5/09/2022
Ex-Dividend for 7/26 Dividend
6/29/2022
Dividend Payable
7/26/2022
Today
8/07/2022
Next Earnings (Estimated)
11/08/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
N/A
Sector
Finance
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$8.00
High Stock Price Forecast
$8.00
Low Stock Price Forecast
$8.00
Forecasted Upside/Downside
+16.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$12.28 million
Pretax Margin
89.31%

Debt

Sales & Book Value

Annual Sales
$14.96 million
Cash Flow
$2.34 per share
Book Value
$7.11 per share

Miscellaneous

Free Float
19,393,000
Market Cap
$134.80 million
Optionable
Not Optionable
Beta
1.14














CHMI Stock - Frequently Asked Questions

Should I buy or sell Cherry Hill Mortgage Investment stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cherry Hill Mortgage Investment in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Cherry Hill Mortgage Investment stock.
View analyst ratings for Cherry Hill Mortgage Investment
or view top-rated stocks.

What is Cherry Hill Mortgage Investment's stock price forecast for 2022?

2 analysts have issued twelve-month price objectives for Cherry Hill Mortgage Investment's stock. Their CHMI stock forecasts range from $8.00 to $8.00. On average, they predict Cherry Hill Mortgage Investment's stock price to reach $8.00 in the next year. This suggests a possible upside of 16.6% from the stock's current price.
View analysts' price targets for Cherry Hill Mortgage Investment
or view top-rated stocks among Wall Street analysts.

How has Cherry Hill Mortgage Investment's stock price performed in 2022?

Cherry Hill Mortgage Investment's stock was trading at $8.27 at the beginning of 2022. Since then, CHMI shares have decreased by 17.0% and is now trading at $6.86.
View the best growth stocks for 2022 here
.

When is Cherry Hill Mortgage Investment's next earnings date?

Cherry Hill Mortgage Investment is scheduled to release its next quarterly earnings announcement on Tuesday, November 8th 2022.
View our earnings forecast for Cherry Hill Mortgage Investment
.

How were Cherry Hill Mortgage Investment's earnings last quarter?

Cherry Hill Mortgage Investment Co. (NYSE:CHMI) issued its earnings results on Monday, May, 9th. The real estate investment trust reported $0.34 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.33 by $0.01. Cherry Hill Mortgage Investment had a net margin of 71.33% and a trailing twelve-month return on equity of 21.56%. During the same period in the prior year, the business earned $0.21 EPS.

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 Friday, June 17th. Shareholders of record on Thursday, June 30th will be paid a dividend of $0.27 per share on Tuesday, July 26th. This represents a $1.08 annualized dividend and a yield of 15.74%. The ex-dividend date is Wednesday, June 29th.
View Cherry Hill Mortgage Investment's dividend history
.

Is Cherry Hill Mortgage Investment a good dividend stock?

Cherry Hill Mortgage Investment(NYSE:CHMI) pays an annual dividend of $1.08 per share and currently has a dividend yield of 15.74%. CHMI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Cherry Hill Mortgage Investment is 308.58%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Cherry Hill Mortgage Investment will have a dividend payout ratio of 96.43% in the coming year. This indicates that Cherry Hill Mortgage Investment may not be able to sustain their current dividend.
View Cherry Hill Mortgage Investment's dividend history.

What other stocks do shareholders of Cherry Hill Mortgage Investment own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cherry Hill Mortgage Investment investors own include Energy Transfer (ET), Annaly Capital Management (NLY), New Residential Investment (NRZ), AGNC Investment (AGNC), NGL Energy Partners (NGL), Chimera Investment (CIM), Ares Capital (ARCC), Orchid Island Capital (ORC), AT&T (T) and Enterprise Products Partners (EPD).

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."

Who are Cherry Hill Mortgage Investment's major shareholders?

Cherry Hill Mortgage Investment's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Nisa Investment Advisors LLC (0.03%). Company insiders that own Cherry Hill Mortgage Investment stock include Jeffrey B Lown and Regina Lowrie.
View institutional ownership trends 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Cherry Hill Mortgage Investment's stock price today?

One share of CHMI stock can currently be purchased for approximately $6.86.

How much money does Cherry Hill Mortgage Investment make?

Cherry Hill Mortgage Investment (NYSE:CHMI) has a market capitalization of $134.80 million and generates $14.96 million in revenue each year. The real estate investment trust earns $12.28 million in net income (profit) each year or $0.35 on an earnings per share basis.

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 official website for Cherry Hill Mortgage Investment is www.chmireit.com. The real estate investment trust can be reached via phone at (877) 870-7005 or via email at investorrelations@chmireit.com.

This page (NYSE:CHMI) was last updated on 8/7/2022 by MarketBeat.com Staff

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