What is B. Riley’s Forecast for CHMI FY2025 Earnings?

Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) – Analysts at B. Riley cut their FY2025 earnings per share (EPS) estimates for shares of Cherry Hill Mortgage Investment in a research note issued on Friday, November 7th. B. Riley analyst T. D’agostino now expects that the real estate investment trust will post earnings of $0.47 per share for the year, down from their prior 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.

Several other brokerages also recently weighed in on CHMI. Weiss Ratings restated a “sell (d+)” rating on shares of Cherry Hill Mortgage Investment in a research report on Wednesday, October 8th. Wall Street Zen cut shares of Cherry Hill Mortgage Investment from a “buy” rating to a “hold” rating in a research report on Sunday, September 28th. Janney Montgomery Scott lowered Cherry Hill Mortgage Investment from a “buy” rating to a “neutral” rating in a report on Monday, October 13th. Finally, Citizens Jmp upgraded Cherry Hill Mortgage Investment from a “market perform” rating to an “outperform” rating and set a $2.75 target price on the stock in a research report on Thursday, November 6th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Cherry Hill Mortgage Investment currently has a consensus rating of “Hold” and an average price target of $3.38.

Cherry Hill Mortgage Investment Stock Down 3.6%

Shares of CHMI opened at $2.29 on Monday. The company has a market capitalization of $82.35 million, a price-to-earnings ratio of 114.25 and a beta of 0.98. Cherry Hill Mortgage Investment has a 52-week low of $2.25 and a 52-week high of $3.68. The stock has a 50 day moving average price of $2.53 and a 200 day moving average price of $2.76.

Cherry Hill Mortgage Investment (NYSE:CHMI) last released its quarterly earnings data on Thursday, November 6th. The real estate investment trust reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.02). Cherry Hill Mortgage Investment had a net margin of 14.15% and a return on equity of 16.29%. The business had revenue of $8.57 million during the quarter, compared to analysts’ expectations of $2.87 million.

Institutional Trading of Cherry Hill Mortgage Investment

Several institutional investors and hedge funds have recently added to or reduced their stakes in CHMI. Wealth Preservation Advisors LLC acquired a new position in shares of Cherry Hill Mortgage Investment in the first quarter valued at approximately $33,000. Glenview Trust co purchased a new position in Cherry Hill Mortgage Investment in the second quarter worth $34,000. Banco BTG Pactual S.A. acquired a new stake in shares of Cherry Hill Mortgage Investment in the first quarter valued at about $36,000. Envestnet Asset Management Inc. acquired a new stake in shares of Cherry Hill Mortgage Investment during the 2nd quarter valued at approximately $45,000. Finally, JPMorgan Chase & Co. raised its holdings in Cherry Hill Mortgage Investment by 27,027.0% during the third quarter. JPMorgan Chase & Co. now owns 20,074 shares of the real estate investment trust’s stock worth $48,000 after purchasing an additional 20,000 shares during the last quarter. 18.49% of the stock is owned by hedge funds and other institutional investors.

Cherry Hill Mortgage Investment Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 31st. Investors of record on Tuesday, September 30th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 17.5%. Cherry Hill Mortgage Investment’s dividend payout ratio (DPR) is currently 2,000.00%.

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.