Real Estate -
REIT - Mortgage - NYSE - US
$ 2.65
-7.99 %
$ 83.8 M
Market Cap
37.86
P/E
1. INTRINSIC VALUE
Balance Sheet
Cherry Hill Mortgage Investment Corporation
| Current Assets | 46.3 M |
| Cash & Short-Term Investments | 46.3 M |
| Receivables | 9.57 M |
| Other Current Assets | -9.57 M |
| Non-Current Assets | 0 |
| Long-Term Investments | 0 |
| PP&E | 0 |
| Other Non-Current Assets | 0 |
| Current Liabilities | 151 M |
| Accounts Payable | 0 |
| Short-Term Debt | 151 M |
| Other Current Liabilities | 0 |
| Non-Current Liabilities | 1.11 B |
| Long-Term Debt | 0 |
| Other Non-Current Liabilities | 1.11 B |
EFFICIENCY
Earnings Waterfall
Cherry Hill Mortgage Investment Corporation
| Revenue | 0 |
| Cost Of Revenue | 1.57 M |
| Gross Profit | -1.57 M |
| Operating Expenses | 10.7 M |
| Operating Income | -240 K |
| Other Expenses | -12.4 M |
| Net Income | 12.2 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Cherry Hill Mortgage Investment Corporation
| Net Income | 12.2 M |
| Depreciation & Amortization | 0 |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 0 |
| Change in Working Capital | -16.2 M |
| Others | -16.9 M |
| Free Cash Flow | -4.69 M |
Wall Street Analysts Price Targets
Cherry Hill Mortgage Investment Corporation
CHMI has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
8.80%
DIVIDEND YIELD
0.15 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Cherry Hill Mortgage Investment Corporation
Sold
0-3 MONTHS
47.3 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
25.8 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Let's Talk Mortgage REITs (But Not For Too Long)
A bunch of mortgage REITs were severely overvalued. Now they are less overvalued. But some others are actually bargains. Tons of charts because images are fun. Ellington Financial's higher price-to-book ratio may be due to lower volatility in the total economic return by period. Digital Realty Trust deserves to be mocked. I am reporting for duty!
seekingalpha.com
- 3 weeks ago
15% Yields Want To Mug Your Dividends
Agency mortgage REITs are achieving exceptional price-to-book ratios. You want a high dividend yield? Great. But don't pay a huge premium in the share price. It's a great time for investors to capture some gains in this sector.
seekingalpha.com
- 1 month ago
Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the First Quarter 2025
TINTON FALLS, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) today announced that its Board of Directors declared a dividend of $0.15 per share on the Company's common stock for the first quarter of 2025. The dividend will be payable in cash on April 30, 2025 to holders of the common stock of record as of the close of business on March 31, 2025. Additionally, Cherry Hill announced that its Board of Directors has declared a dividend of $0.5125 per share on the Co.
businesswire.com
- 1 month ago
Cherry Hill Mortgage: Series B Floating-Rate Preferred Yielding Over 10%
Cherry Hill Mortgage Investment Corporation faces challenges due to rising interest rates, which have impacted its net interest income and book value since the pandemic. Despite these challenges, Cherry Hill has diversified through mortgage servicing and hedging, generating significant revenue and maintaining profitability. The common shares are risky due to the company's high leverage and inability to sustain book value, making preferred shares a better income option.
seekingalpha.com
- 1 month ago
Cherry Hill Mortgage Investment Corporation Announces Appointment of Dale Hoffman to Board of Directors
TINTON FALLS, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) is pleased to announce the appointment of Dale Hoffman to the Board of Directors, effective immediately. Mr. Hoffman is independent in accordance with NYSE listing standards, has been appointed to serve on the Compensation Committee and Nominating and Corporate Governance Committee of the Board and will participate in the same compensation programs as the other non-management directors. “We are excited.
businesswire.com
- 1 month ago
Cherry Hill Mortgage Investment Corporation (CHMI) Q4 2024 Earnings Conference Call Transcript
Cherry Hill Mortgage Investment Corporation (NYSE:CHMI ) Q4 2024 Earnings Conference Call March 6, 2025 5:00 PM ET Company Participants Garrett Edson - MD, ICR, IR Jay Lown - President and CEO Julian Evans - Chief Investment Officer Mike Hutchby - CFO Conference Call Participants Randy Binner - B. Riley Securities Mikhail Goberman - Citizens JMP Jason Stewart - Janney Montgomery Scott Operator Hello, everyone, and welcome to Cherry Hill Mortgage Investment Corporation Fourth Quarter 2024 Earnings Call.
seekingalpha.com
- 1 month ago
Cherry Hill Mortgage (CHMI) Q4 Earnings Match Estimates
Cherry Hill Mortgage (CHMI) came out with quarterly earnings of $0.10 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.17 per share a year ago.
zacks.com
- 1 month ago
Cherry Hill Mortgage Investment Corporation Announces Fourth Quarter and Full Year 2024 Results
TINTON FALLS, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) (“Cherry Hill” or the “Company”) today reported results for the fourth quarter and full year 2024. Fourth Quarter 2024 Highlights GAAP net income applicable to common stockholders of $9.1 million, or $0.29 per share. Earnings available for distribution (“EAD”) attributable to common stockholders of $3.3 million, or $0.10 per diluted share. Common book value per share of $3.82 at December 31, 2024. GAAP.
businesswire.com
- 1 month ago
Cherry Hill Mortgage Investment Corporation Sets Date for Fourth Quarter and Full Year 2024 Earnings Release and Conference Call
TINTON FALLS, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) today announced that the Company will release fourth quarter and full year 2024 financial results after the market closes on March 6, 2025. A conference call will be held the same day at 5:00 pm Eastern Time to review the Company's fourth quarter and full year 2024. Webcast: A live webcast of the conference call will be available in the investor relations section of the Company's website at www.chmirei.
businesswire.com
- 1 month ago
12% Dividend Yields Or Higher
No tiny yields here. This is a mortgage REIT special. New commentary. New charts. Best article to read on a Friday. Charts also cover BDCs, baby bonds, and preferred shares. I'm definitely not targeting CHMI again, unless I mention CHMI. Too late. Guess I have to bash it. But we've also got other REITs to talk about.
seekingalpha.com
- 1 month ago
Cherry Hill Mortgage: High Yield, Speculative Investment
Cherry Hill Mortgage Investment Corporation is a speculative investment with short-term momentum, but long-term risk. The high dividend yield of 17.44% is attractive and also a red flag. Despite recent upward momentum, CHMI has a history of underperformance, with a 5-year total return of -51.5%.
seekingalpha.com
- 2 months ago
These high-yielding REIT stocks are soaring in 2025
Real Estate Investment Trust (REIT) stocks are having a rough year as interest rates remains at an elevated level. Government bond yields have risen to near 5% and the Fed has hinted that it will deliver just two rate cuts this year.
invezz.com
- 2 months ago
8. Profile
Summary
Cherry Hill Mortgage Investment Corporation CHMI
COUNTRY
US
INDUSTRY
REIT - Mortgage
MARKET CAP
$ 83.8 M
Dividend Yield
8.80%
Description
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.
Contact
1451 Route 34, Farmingdale, NJ, 07727
https://www.chmireit.com
IPO
Date
Oct. 4, 2013
Employees
12
Officers
Mr. Julian B. Evans C.F.A.
Chief Investment Officer
Mr. Jeffrey B. Lown II
President, Chief Executive Officer & Director
Mr. Michael Andrew Hutchby
Chief Financial Officer, Treasurer, Secretary & Head of Investor Relations
Robert Wipperman
General Counsel
Mr. Raymond Slater
Senior Vice President & MSR Portfolio Manager