CHMI

Cherry Hill Mortgage Investment Corp
CHMI
Market cap $97.8M

3.25 USD

+0.02

0.62%

At close Nov 8, 4:00 PM EST

1 day

0.62%

5 days

-0.31%

1 month

-4.97%

3 months

-10.71%

6 months

-7.67%

Year to date

-19.75%

1 year

-8.45%

5 years

-76.65%

About: Cherry Hill Mortgage Investment Corp operates as a real estate investment trust in the United States. It invests in residential mortgage assets to generate current yields and risk-adjusted total returns for its stockholders over the long term, primarily through dividend distributions and secondarily through capital appreciation. The company's reportable segments include investments in Residential mortgage-backed securities (RMBS), Investments in Servicing Related Assets, and All Others. It generates maximum revenue from the RMBS segment in the form of Interest income earned for servicing mortgage loans.

Employees: 12

Financials Real Estate Investment Trusts

0

Funds holding %

of 6,759 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

40% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 10

13% more capital invested

Capital invested by funds: $16.2M [Q1] → $18.3M (+$2.06M) [Q2]

1.51% more ownership

Funds ownership: 15.22% [Q1] → 16.73% (+1.51%) [Q2]

7% less funds holding

Funds holding: 44 [Q1] → 41 (-3) [Q2]

43% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 7

99% less call options, than puts

Call options by funds: $1K | Put options by funds: $177K

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Research analyst outlook

We haven’t received any recent analyst ratings for CHMI.

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Financial journalist opinion

Cherry Hill Mortgage Investment Corporation Sets Date for Third Quarter 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 third quarter 2024 financial results after the market closes on November 12, 2024. A conference call will be held the same day at 5:00 pm Eastern Time to review the Company's third quarter 2024. Webcast: A live webcast of the conference call will be available in the investor relations section of the Company's website at www.chmireit.com. To listen to the li.

Cherry Hill Mortgage Investment Corporation Sets Date for Third Quarter 2024 Earnings Release and Conference Call

8.5% Yield Preferred Share Not Worth A Buy From Cherry Hill

CHMI-A is currently overpriced; consider buying only if the price drops to $20.56 due to high risk associated with CHMI. Stripped price is crucial; with an expected ex-dividend date of 9/30/24, the stripped price is around $23.76. CHMI-A offers a decent yield but has a poor common equity to preferred equity ratio, making it riskier compared to peers like NLY.

8.5% Yield Preferred Share Not Worth A Buy From Cherry Hill

Cherry Hill Mortgage's Performance For Q2 2024

Cherry Hill Mortgage had a slightly underperforming quarter, with a 3.4% BV variance and a minor decrease in adjusted core earnings/EAD. CHMI's fixed-rate agency MBS sub-portfolio increased unexpectedly, leading to BV underperformance, while derivative instruments and MSR sub-portfolio matched projections. CHMI remains a speculative investment with high-risk but potential rewards, currently holding a 4.5 risk/performance rating and a Hold recommendation.

Cherry Hill Mortgage's Performance For Q2 2024

Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the Third Quarter 2024

FARMINGDALE, 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 third quarter of 2024. The dividend will be payable in cash on October 31, 2024 to holders of the common stock of record as of the close of business on September 30, 2024. Additionally, Cherry Hill announced that its Board of Directors has declared a dividend of $0.5125 per share on t.

Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the Third Quarter 2024

The Return Of Volatility

In a highly volatile week across global financial markets, U.S. equity markets ultimately finished the week little-changed, while benchmark interest rates rebounded from the lowest levels of the year. Following a historic surge in volatility, stabilization in Asian and European markets, decent jobless claims data, and clarity on the domestic Presidential matchup helped to ease market jitters. Narrowly avoiding a fourth-straight week of losses, the S&P 500 finished flat - staging a late-week rebound after sharp declines early in the week. The Nasdaq remained in "correction territory."

The Return Of Volatility

Cherry Hill Mortgage Investment Corporation (CHMI) Q2 2024 Earnings Call Transcript

Cherry Hill Mortgage Investment Corporation (NYSE:CHMI ) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Garrett Edson - Investor Relations Jay Lown - President and CEO Julian Evans - Chief Investment Officer Michael Hutchby - Chief Financial Officer Conference Call Participants Mikhail Goberman - Citizens JMP Matthew Howlett - B. Riley Securities Operator Good day, and welcome to the Cherry Hill Mortgage Investment Corporation's Second Quarter 2024 Conference Call.

Cherry Hill Mortgage Investment Corporation (CHMI) Q2 2024 Earnings Call Transcript

Cherry Hill Mortgage Investment Corporation Announces Second Quarter 2024 Results

FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) (“Cherry Hill” or the “Company”) today reported results for the second quarter 2024. Second Quarter 2024 and Other Recent Highlights In July 2024, the Company's Board of Directors, based on the recommendation of a special committee comprised of independent and disinterested directors, authorized and approved internalizing management of the Company and directed the Company's officers to take all actions.

Cherry Hill Mortgage Investment Corporation Announces Second Quarter 2024 Results

Zacks Investment Research

Is the Options Market Predicting a Spike in Cherry Hill Mortgage (CHMI) Stock?

Investors need to pay close attention to Cherry Hill Mortgage (CHMI) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Cherry Hill Mortgage (CHMI) Stock?

12%+ Dividend Yields Duel

This is a head-to-head battle between two of the high yielders. Both are at least over 12%. This is a lesson in evaluating similar shares for differences in valuation. The emphasis here is on the change in valuation. These shares should have similar valuations, but they don't.

12%+ Dividend Yields Duel

Cherry Hill Mortgage Investment Corporation Provides Update on Exploration of Strategic Alternatives by Special Committee

FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) (the “Company”) today announced that the special committee (the “Special Committee”) of the Company's board of directors (the “Board”), which is comprised entirely of independent and disinterested members of the Board, after consultation with its independent legal and financial advisors and as part of the Special Committee's previously announced exploration of strategic alternatives, determined and reco.

Cherry Hill Mortgage Investment Corporation Provides Update on Exploration of Strategic Alternatives by Special Committee

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