NYSE:CHMI

Cherry Hill Mortgage Investment Stock Forecast, Price & News

$9.30
+0.08 (+0.87 %)
(As of 09/22/2021 12:00 AM ET)
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Today's Range
$9.25
$9.35
50-Day Range
$8.85
$9.41
52-Week Range
$8.31
$10.68
Volume218,417 shs
Average Volume222,964 shs
Market Capitalization$159.15 million
P/E Ratio20.67
Dividend Yield11.71%
Beta1.25
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About Cherry Hill Mortgage Investment

Cherry Hill Mortgage Investment Corp. is a real estate finance company, which acquires, invests in and manages a portfolio of excess mortgage servicing rights. The company operates through the following segments: Investments in RMBS, Investments in Servicing Related Assets and All Other segment. It also invests in agency residential mortgage backed securities, prime jumbo mortgage loans and other residential mortgage assets. The company was founded on October 31, 2012 and is headquartered in Farmingdale, NJ.

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MarketRank

Overall MarketRank

2.34 out of 5 stars

Finance Sector

371st out of 1,332 stocks

Real Estate Investment Trusts Industry

86th out of 219 stocks

Analyst Opinion: 2.2Community Rank: 4.5Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -
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Cherry Hill Mortgage Investment (NYSE:CHMI) Frequently Asked Questions

Is Cherry Hill Mortgage Investment a buy right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cherry Hill Mortgage Investment in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" Cherry Hill Mortgage Investment stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CHMI, but not buy additional shares or sell existing shares.
View analyst ratings for Cherry Hill Mortgage Investment
or view top-rated stocks.

What stocks does MarketBeat like better than Cherry Hill Mortgage Investment?

Wall Street analysts have given Cherry Hill Mortgage Investment a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Cherry Hill Mortgage Investment wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Cherry Hill Mortgage Investment?

Cherry Hill Mortgage Investment saw a increase in short interest in August. As of August 13th, there was short interest totaling 478,200 shares, an increase of 22.6% from the July 29th total of 390,200 shares. Based on an average trading volume of 249,800 shares, the days-to-cover ratio is presently 1.9 days. Approximately 2.8% of the company's stock are sold short.
View Cherry Hill Mortgage Investment's Short Interest
.

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

Cherry Hill Mortgage Investment is scheduled to release its next quarterly earnings announcement on Monday, November 8th 2021.
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) announced its quarterly earnings data on Sunday, August, 8th. The real estate investment trust reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.02. Cherry Hill Mortgage Investment had a trailing twelve-month return on equity of 17.49% and a net margin of 56.76%.
View Cherry Hill Mortgage Investment's earnings history
.

How has Cherry Hill Mortgage Investment's stock 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 shares have decreased by 24.1% and is now trading at $9.30.
View which stocks have been most impacted by COVID-19
.

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 Friday, September 17th. Stockholders of record on Thursday, September 30th will be given a dividend of $0.27 per share on Tuesday, October 26th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 11.61%. The ex-dividend date is Wednesday, September 29th.
View Cherry Hill Mortgage Investment's dividend history
.

Is Cherry Hill Mortgage Investment a good dividend stock?

Cherry Hill Mortgage Investment pays an annual dividend of $1.08 per share and currently has a dividend yield of 11.71%. CHMI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Cherry Hill Mortgage Investment does not yet have a strong track record of dividend growth. The dividend payout ratio of Cherry Hill Mortgage Investment is 60.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, Cherry Hill Mortgage Investment will have a dividend payout ratio of 78.26% 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 price target have analysts set for CHMI?

3 Wall Street analysts have issued 12 month price objectives for Cherry Hill Mortgage Investment's stock. Their forecasts range from $10.50 to $10.50. On average, they expect Cherry Hill Mortgage Investment's stock price to reach $10.50 in the next twelve months. This suggests a possible upside of 12.9% from the stock's current price.
View analysts' price targets for Cherry Hill Mortgage Investment
or view top-rated stocks among Wall Street analysts.

Who are Cherry Hill Mortgage Investment's key executives?

Cherry Hill Mortgage Investment's management team includes the following people:
  • Jay Lown, President, Chief Executive Officer & Director
  • Michael Hutchby, Chief Financial Officer, Secretary & Treasurer
  • Julian B. Evans, Chief Investment Officer
  • Raymond Slater, MSR Portfolio Manager

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

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 many different retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (5.37%), Vanguard Group Inc. (4.70%), BlackRock Inc. (4.51%), Millennium Management LLC (1.38%), Parametric Portfolio Associates LLC (0.93%) and LPL Financial LLC (0.83%). 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
.

Which institutional investors are selling Cherry Hill Mortgage Investment stock?

CHMI stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., State Street Corp, Goldman Sachs Group Inc., Northern Trust Corp, Geode Capital Management LLC, Vanguard Group Inc., Bank of New York Mellon Corp, and Parametric Portfolio Associates LLC.
View insider buying and selling activity for Cherry Hill Mortgage Investment
or view top insider-selling stocks.

Which institutional investors are buying Cherry Hill Mortgage Investment stock?

CHMI stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Ergoteles LLC, Tibra Equities Europe Ltd, Morgan Stanley, Morgan Stanley, Susquehanna Fundamental Investments LLC, Citigroup Inc., and SG Americas Securities LLC.
View insider buying and selling activity for Cherry Hill Mortgage Investment
or or view top insider-buying stocks.

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 $9.30.

How much money does Cherry Hill Mortgage Investment make?

Cherry Hill Mortgage Investment has a market capitalization of $159.15 million and generates $49.02 million in revenue each year. The real estate investment trust earns $-52,240,000.00 in net income (profit) each year or $1.78 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.

Where are Cherry Hill Mortgage Investment's headquarters?

Cherry Hill Mortgage Investment is headquartered at 1451 ROUTE 34 SUITE 303, FARMINGDALE NJ, 07727.

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 9/22/2021 by MarketBeat.com Staff
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