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

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.

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.

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.

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.

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.

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.

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.

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 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.

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.

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

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.

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.