Cherry Hill Mortgage Investment (CHMI) Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cherry Hill Mortgage Investment in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CHMI shares.
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2 brokerages have issued 12 month price targets for Cherry Hill Mortgage Investment's stock. Their CHMI share price forecasts range from $5.50 to $5.50. On average, they predict the company's share price to reach $5.50 in the next year. This suggests a possible upside of 37.5% from the stock's current price.
View analysts price targets for CHMI or view top-rated stocks among Wall Street analysts.

Cherry Hill Mortgage Investment's stock was trading at $5.80 on January 1st, 2023. Since then, CHMI shares have decreased by 31.0% and is now trading at $4.00.
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Cherry Hill Mortgage Investment saw a drop in short interest in the month of August. As of August 31st, there was short interest totaling 782,100 shares, a drop of 30.8% from the August 15th total of 1,130,000 shares. Based on an average trading volume of 348,400 shares, the days-to-cover ratio is presently 2.2 days.
View Cherry Hill Mortgage Investment's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our CHMI earnings forecast.

Cherry Hill Mortgage Investment Co. (NYSE:CHMI) announced its quarterly earnings data on Monday, May, 9th. The real estate investment trust reported $0.34 earnings per share for the quarter, topping analysts' consensus estimates of $0.33 by $0.01. Cherry Hill Mortgage Investment had a negative net margin of 21.90% and a positive trailing twelve-month return on equity of 19.94%. During the same quarter in the previous year, the firm posted $0.21 earnings per share.

Cherry Hill Mortgage Investment announced a quarterly dividend on Thursday, September 14th. Shareholders of record on Friday, September 29th will be given a dividend of $0.15 per share on Tuesday, October 31st. This represents a $0.60 annualized dividend and a yield of 15.00%. The ex-dividend date is Thursday, September 28th.
Read our dividend analysis for CHMI.

Cherry Hill Mortgage Investment (NYSE:CHMI) pays an annual dividend of $0.60 per share and currently has a dividend yield of 14.81%. CHMI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for CHMI.

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).

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

Cherry Hill Mortgage Investment's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (2.30%), BlackRock Inc. (1.54%), Geode Capital Management LLC (0.86%), Penserra Capital Management LLC (0.31%), Atria Wealth Solutions Inc. (0.25%) and Northern Trust Corp (0.24%). Insiders that own company stock include Jeffrey B Lown and Regina Lowrie.
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Shares of CHMI stock 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.
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One share of CHMI stock can currently be purchased for approximately $4.00.

Cherry Hill Mortgage Investment (NYSE:CHMI) has a market capitalization of $107.92 million and generates $29.64 million in revenue each year. The real estate investment trust earns $21.74 million in net income (profit) each year or ($0.59) on an earnings per share basis.

Cherry Hill Mortgage Investment's mailing address is 1451 ROUTE 34 SUITE 303, FARMINGDALE NJ, 07727. The official website for the company 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.