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NYSE:CHMI

Cherry Hill Mortgage Investment Stock Forecast, Price & News

$9.84
+0.08 (+0.82 %)
(As of 09/18/2020 12:00 AM ET)
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Today's Range
$9.68
Now: $9.84
$9.91
50-Day Range
$9.03
MA: $9.60
$10.13
52-Week Range
$2.76
Now: $9.84
$16.02
Volume212,824 shs
Average Volume295,931 shs
Market Capitalization$168.04 million
P/E RatioN/A
Dividend Yield11.07%
Beta1.21
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.
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Cherry Hill Mortgage Investment logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.6Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.21 out of 5 stars


Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone877-870-7005

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$73.34 million
Cash Flow$3.58 per share
Book Value$17.54 per share

Profitability

Net Income$-42,790,000.00

Miscellaneous

EmployeesN/A
Market Cap$168.04 million
Next Earnings Date11/10/2020 (Estimated)
OptionableNot Optionable
$9.84
+0.08 (+0.82 %)
(As of 09/18/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Cherry Hill Mortgage Investment (NYSE:CHMI) Frequently Asked Questions

How has Cherry Hill Mortgage Investment's stock price been impacted by COVID-19?

Cherry Hill Mortgage Investment's stock was trading at $12.25 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CHMI stock has decreased by 19.7% and is now trading at $9.84.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Cherry Hill Mortgage Investment?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cherry Hill Mortgage Investment in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Cherry Hill Mortgage Investment
.

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 10th 2020.
View our earnings forecast for Cherry Hill Mortgage Investment
.

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

Cherry Hill Mortgage Investment Corp (NYSE:CHMI) released its quarterly earnings data on Monday, August, 10th. The real estate investment trust reported $0.47 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.30 by $0.17. Cherry Hill Mortgage Investment had a negative net margin of 70.69% and a positive return on equity of 15.33%.
View Cherry Hill Mortgage Investment's earnings history
.

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 17th. Stockholders of record on Wednesday, September 30th will be given a dividend of $0.27 per share on Tuesday, October 27th. This represents a $1.08 dividend on an annualized basis and a yield of 10.98%. The ex-dividend date of this dividend is Tuesday, September 29th.
View Cherry Hill Mortgage Investment's dividend history
.

What price target have analysts set for CHMI?

4 analysts have issued twelve-month price targets for Cherry Hill Mortgage Investment's stock. Their forecasts range from $10.50 to $16.50. On average, they anticipate Cherry Hill Mortgage Investment's share price to reach $12.63 in the next year. This suggests a possible upside of 28.3% from the stock's current price.
View analysts' price targets for Cherry Hill Mortgage Investment
.

Are investors shorting Cherry Hill Mortgage Investment?

Cherry Hill Mortgage Investment saw a decline in short interest during the month of August. As of August 14th, there was short interest totaling 446,600 shares, a decline of 16.7% from the July 30th total of 535,900 shares. Based on an average daily trading volume, of 311,600 shares, the days-to-cover ratio is currently 1.4 days. Approximately 2.8% of the shares of the stock are sold short.
View Cherry Hill Mortgage Investment's Short Interest
.

Who are some of Cherry Hill Mortgage Investment's key competitors?

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 following 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

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 retail and institutional investors. Top institutional investors include WINTON GROUP Ltd (2.36%), Granite Point Capital Management L.P. (1.21%), Wiley BROS. Aintree Capital LLC (1.05%), Prudential Financial Inc. (0.82%), Kore Private Wealth LLC (0.67%) and Emerald Mutual Fund Advisers Trust (0.61%). Company insiders that own Cherry Hill Mortgage Investment stock include Jeffrey B Lown and Julian Evans.
View institutional ownership trends for Cherry Hill Mortgage Investment
.

Which major investors are selling Cherry Hill Mortgage Investment stock?

CHMI stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Bank of New York Mellon Corp, California Public Employees Retirement System, Clear Harbor Asset Management LLC, Goldman Sachs Group Inc., Bank of America Corp DE, and Charles Schwab Investment Management Inc..
View insider buying and selling activity for Cherry Hill Mortgage Investment
.

Which major investors are buying Cherry Hill Mortgage Investment stock?

CHMI stock was bought by a variety of institutional investors in the last quarter, including WINTON GROUP Ltd, Granite Point Capital Management L.P., Wiley BROS. Aintree Capital LLC, Emerald Mutual Fund Advisers Trust, Mackay Shields LLC, Jane Street Group LLC, Engineers Gate Manager LP, and Ballentine Partners LLC. Company insiders that have bought Cherry Hill Mortgage Investment stock in the last two years include Jeffrey B Lown, and Julian Evans.
View insider buying and selling activity 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, Robinhood, 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 $9.84.

How big of a company is Cherry Hill Mortgage Investment?

Cherry Hill Mortgage Investment has a market capitalization of $168.04 million and generates $73.34 million in revenue each year. The real estate investment trust earns $-42,790,000.00 in net income (profit) each year or $2.01 on an earnings per share basis.

What is Cherry Hill Mortgage Investment's official website?

The official website for Cherry Hill Mortgage Investment is www.chmireit.com.

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]

This page was last updated on 9/19/2020 by MarketBeat.com Staff

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