Cherry Hill Mortgage Investment (CHMI) – Investment Analysts’ Weekly Ratings Updates

Several brokerages have updated their recommendations and price targets on shares of Cherry Hill Mortgage Investment (NYSE: CHMI) in the last few weeks:

• 1/14/2025 – Cherry Hill Mortgage Investment was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 1/7/2025 – Cherry Hill Mortgage Investment was upgraded by analysts at B. Riley to a “strong-buy” rating.
• 1/3/2025 – Cherry Hill Mortgage Investment was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 1/2/2025 – Cherry Hill Mortgage Investment is now covered by analysts at Janney Montgomery Scott. They set a “buy” rating and a $4.00 price target on the stock.
• 12/11/2024 – Cherry Hill Mortgage Investment was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.

Cherry Hill Mortgage Investment Trading Up 2.2 %

Cherry Hill Mortgage Investment stock opened at $2.98 on Tuesday. Cherry Hill Mortgage Investment Co. has a 1-year low of $2.50 and a 1-year high of $3.99. The firm has a market capitalization of $94.07 million, a price-to-earnings ratio of -1.96 and a beta of 1.38. The firm has a 50 day simple moving average of $2.71 and a 200 day simple moving average of $3.26.

Cherry Hill Mortgage Investment (NYSE:CHMI) last released its quarterly earnings data on Tuesday, November 12th. The real estate investment trust reported $0.08 earnings per share 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 business had revenue of $14.33 million during the quarter. During the same period last year, the company earned $0.16 EPS. On average, equities research analysts forecast that Cherry Hill Mortgage Investment Co. will post 0.38 EPS for the current year.

Cherry Hill Mortgage Investment Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st will be given a dividend of $0.15 per share. The ex-dividend date is Tuesday, December 31st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 20.17%. Cherry Hill Mortgage Investment’s dividend payout ratio (DPR) is currently -39.47%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Members Trust Co purchased a new position in shares of Cherry Hill Mortgage Investment during the 3rd quarter valued at $47,000. Connor Clark & Lunn Investment Management Ltd. purchased a new position in Cherry Hill Mortgage Investment in the third quarter worth $49,000. Barclays PLC purchased a new position in Cherry Hill Mortgage Investment in the third quarter worth $52,000. Hudson Valley Investment Advisors Inc. ADV grew its position in 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 acquiring an additional 16,000 shares in the last quarter. Finally, Wolverine Asset Management LLC purchased a new position in Cherry Hill Mortgage Investment in the third quarter worth $665,000. 18.49% of the stock is currently owned by hedge funds and other institutional investors.

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.