StockNews.com lowered shares of Cherry Hill Mortgage Investment (NYSE:CHMI – Get Rating) from a hold rating to a sell rating in a research report report published on Friday morning.
Cherry Hill Mortgage Investment Trading Down 1.9 %
Shares of CHMI stock opened at $5.55 on Friday. The stock has a market cap of $138.18 million, a price-to-earnings ratio of 7.03 and a beta of 1.26. The stock has a 50-day moving average of $6.58 and a 200-day moving average of $6.08. Cherry Hill Mortgage Investment has a 1-year low of $4.58 and a 1-year high of $8.33.
Cherry Hill Mortgage Investment Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, January 31st. Stockholders of record on Friday, December 30th were paid a $0.27 dividend. The ex-dividend date of this dividend was Thursday, December 29th. This represents a $1.08 annualized dividend and a dividend yield of 19.46%. Cherry Hill Mortgage Investment’s payout ratio is 136.71%.
Institutional Investors Weigh In On Cherry Hill Mortgage Investment
Cherry Hill Mortgage Investment Company Profile
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.
- Get a free copy of the StockNews.com research report on Cherry Hill Mortgage Investment (CHMI)
- What the SVB Financial Collapse Means for U.S. Banks
- MarketBeat Week in Review – 3/6 – 3/10
- 2 Offshore Drilling Stocks Set to Extract Big Profits
- Three Staples Stocks With Double-Digit Upside Ahead
- Can Investors Trust Consumers to Lift American Outdoor Brands?
Receive News & Ratings for Cherry Hill Mortgage Investment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cherry Hill Mortgage Investment and related companies with MarketBeat.com's FREE daily email newsletter.