
Cherry Hill Mortgage Investment Corporation (NYSE:CHMI – Free Report) – Analysts at B. Riley decreased their FY2025 earnings per share estimates for shares of Cherry Hill Mortgage Investment in a research report issued on Friday, November 7th. B. Riley analyst T. D’agostino now anticipates that the real estate investment trust will post earnings per share of $0.47 for the year, down from their previous forecast of $0.50. The consensus estimate for Cherry Hill Mortgage Investment’s current full-year earnings is $0.38 per share. B. Riley also issued estimates for Cherry Hill Mortgage Investment’s Q4 2025 earnings at $0.11 EPS and FY2026 earnings at $0.55 EPS.
Cherry Hill Mortgage Investment (NYSE:CHMI – Get Free Report) last announced its quarterly earnings results on Thursday, November 6th. The real estate investment trust reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.02). The business had revenue of $8.57 million for the quarter, compared to analyst estimates of $2.87 million. Cherry Hill Mortgage Investment had a return on equity of 16.29% and a net margin of 14.15%.
Read Our Latest Report on Cherry Hill Mortgage Investment
Cherry Hill Mortgage Investment Stock Up 2.2%
Shares of NYSE CHMI opened at $2.36 on Monday. The stock has a market cap of $85.05 million, a P/E ratio of 118.00 and a beta of 0.98. The firm’s 50-day simple moving average is $2.54 and its 200 day simple moving average is $2.76. Cherry Hill Mortgage Investment has a fifty-two week low of $2.25 and a fifty-two week high of $3.68.
Cherry Hill Mortgage Investment Cuts Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, October 31st. Shareholders of record on Tuesday, September 30th were given a $0.10 dividend. The ex-dividend date was Tuesday, September 30th. This represents a $0.40 annualized dividend and a yield of 16.9%. Cherry Hill Mortgage Investment’s payout ratio is 2,000.00%.
Institutional Investors Weigh In On Cherry Hill Mortgage Investment
Institutional investors and hedge funds have recently modified their holdings of the stock. JPMorgan Chase & Co. boosted its stake in shares of Cherry Hill Mortgage Investment by 27,027.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 20,074 shares of the real estate investment trust’s stock worth $48,000 after acquiring an additional 20,000 shares in the last quarter. Sheets Smith Investment Management purchased a new stake in shares of Cherry Hill Mortgage Investment during the third quarter valued at $132,000. Corient Private Wealth LLC purchased a new stake in shares of Cherry Hill Mortgage Investment during the second quarter valued at $908,000. PVG Asset Management Corp acquired a new position in shares of Cherry Hill Mortgage Investment in the 2nd quarter valued at $135,000. Finally, Hudson Bay Capital Management LP purchased a new position in Cherry Hill Mortgage Investment in the 2nd quarter worth about $374,000. Institutional investors and hedge funds own 18.49% of the company’s stock.
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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