Cherry Hill Mortgage Investment Co. (NYSE:CHMI – Free Report) – Stock analysts at B. Riley reduced their Q1 2025 EPS estimates for Cherry Hill Mortgage Investment in a research report issued on Monday, December 9th. B. Riley analyst M. Howlett now forecasts that the real estate investment trust will post earnings per share of $0.14 for the quarter, down from their previous forecast of $0.21. The consensus estimate for Cherry Hill Mortgage Investment’s current full-year earnings is $0.63 per share. B. Riley also issued estimates for Cherry Hill Mortgage Investment’s Q2 2025 earnings at $0.15 EPS, Q3 2025 earnings at $0.16 EPS, Q4 2025 earnings at $0.17 EPS, Q1 2026 earnings at $0.17 EPS, Q2 2026 earnings at $0.17 EPS and Q3 2026 earnings at $0.18 EPS.
Separately, StockNews.com lowered shares of Cherry Hill Mortgage Investment from a “hold” rating to a “sell” rating in a research report on Wednesday.
Cherry Hill Mortgage Investment Stock Down 0.2 %
Shares of CHMI stock opened at $2.66 on Wednesday. The stock has a 50-day simple moving average of $3.07 and a 200 day simple moving average of $3.46. Cherry Hill Mortgage Investment has a fifty-two week low of $2.50 and a fifty-two week high of $4.39. The stock has a market capitalization of $83.96 million, a P/E ratio of -1.75 and a beta of 1.39.
Cherry Hill Mortgage Investment (NYSE:CHMI – Get Free Report) last issued its quarterly earnings results on Tuesday, November 12th. The real estate investment trust reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.06). Cherry Hill Mortgage Investment had a negative net margin of 60.97% and a positive return on equity of 15.18%. The firm had revenue of $14.33 million for the quarter. During the same period in the prior year, the firm posted $0.16 earnings per share.
Institutional Investors Weigh In On Cherry Hill Mortgage Investment
Several large investors have recently modified their holdings of CHMI. Members Trust Co purchased a new stake in shares of Cherry Hill Mortgage Investment during the third quarter valued at $47,000. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Cherry Hill Mortgage Investment during the 3rd quarter worth about $49,000. Barclays PLC purchased a new stake in Cherry Hill Mortgage Investment during the third quarter valued at about $52,000. Hudson Valley Investment Advisors Inc. ADV boosted its holdings in shares of Cherry Hill Mortgage Investment by 133.3% in the third quarter. Hudson Valley Investment Advisors Inc. ADV now owns 28,000 shares of the real estate investment trust’s stock worth $102,000 after buying an additional 16,000 shares during the period. Finally, Wolverine Asset Management LLC purchased a new position in shares of Cherry Hill Mortgage Investment in the third quarter worth approximately $665,000. 18.49% of the stock is owned by institutional investors.
Cherry Hill Mortgage Investment Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Monday, September 30th were given a dividend of $0.15 per share. The ex-dividend date was Monday, September 30th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 22.60%. Cherry Hill Mortgage Investment’s dividend payout ratio (DPR) is presently -39.47%.
About Cherry Hill Mortgage Investment
Cherry Hill Mortgage Investment Corporation, a residential real estate finance company, acquires, invests in, and manages residential mortgage assets in the United States. It operates through Investments in RMBS (residential mortgage-backed securities) and Investments in Servicing Related Assets segments.
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