Cherry Hill Mortgage

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. The company was founded on October 31, 2012 and is headquartered in Farmingdale, NJ.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Cherry Hill Mortgage reports stable book value amidst market challenges

Cherry Hill Mortgage navigated challenging economic conditions by focusing on protecting book value and maintaining liquidity. Despite a GAAP net loss, the company improved financial leverage and acquired significant UPB Fannie and Freddie MSRs. Analyst inquiries centered on dividend sustainability and strategic responses to interest rate changes.

Cherry Hill Mortgage reports resilient earnings amidst market challenges

Cherry Hill Mortgage (CHMI) navigated challenges from the banking crisis, reporting a GAAP net loss but strong earnings available for distribution.
Despite a decline in book value per share, the company's conservative approach to risk management and proactive portfolio strategies are strengths.
Opportunities lie in optimizing dividend realignment and leveraging stable MSR and improved RMBS portfolios for sustained growth.
Management's emphasis on navigating the macro environment underscores a forward-looking strategy for long-term success.

Cherry Hill Mortgage reports Q2 loss, eyes growth in Agency MBS

Cherry Hill Mortgage navigated market challenges with a focus on strategic portfolio management and maintaining financial strength.
Despite facing a net loss and decline in book value per share, the company's cash position and strategic initiatives provide avenues for growth.
Addressing challenges and capitalizing on opportunities will be crucial for Cherry Hill Mortgage to drive profitability and shareholder value.

Cherry Hill Mortgage (CHMI) reports resilient earnings amidst market challenges

Cherry Hill Mortgage (CHMI) navigated market challenges by proactively hedging their portfolio and maintaining a focus on risk management. Despite facing rising interest rates, the company reported solid earnings and stable MSR performance. Opportunities lie in the attractiveness of RMBS and a healthy cash position for future growth.

Cherry Hill Mortgage reports Q4 losses, eyes MSR sales

Cherry Hill Mortgage navigated Q4 2023 with a focus on risk management and transparency amidst challenging market conditions.
The company's performance reflects a strategic approach to addressing interest rate impacts on investments and optimizing portfolio positioning.
While facing GAAP net losses, Cherry Hill Mortgage aims to leverage opportunities in MSR sales and strategic financial adjustments for future growth.

Cherry Hill Mortgage reports strong Q1 earnings and explores strategic growth

CHMI's Q1 2024 performance reflects solid earnings and financial stability, supported by strategic initiatives to enhance shareholder value.
While facing challenges in portfolio optimization and financial leverage management, the company is well-positioned to leverage opportunities in the market.
By focusing on maximizing shareholder value and exploring strategic alternatives, CHMI aims to drive sustainable growth and profitability.

Cherry Hill Mortgage reports Q3 loss, eyes growth in Agency RMBS

CHMI faced challenges from the Fed's rate cut cycle, resulting in a GAAP net loss per diluted share of $0.49.
Despite this, the company maintained strong liquidity with $50 million in unrestricted cash.
Future opportunities include optimizing asset allocation and deploying capital into Agency RMBS.

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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. It also invests in agency residential mortgage-backed securities, prime jumbo mortgage loans and other residential mortgage assets. The company was founded on October 31, 2012 and is headquartered in Tinton Falls, NJ.

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We're picking one share with a big discount to book value and a reasonable dividend payout ratio relative to book value. The market may be misreading this dividend payout as plenty of sites are reporting a different value. Seeking Alpha is accurate. On the other hand, one of the darlings in the sector is far less attractive.

1 Fat Yielder To Buy And 1 To Dump

FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) today announced that the Company will release second quarter 2023 financial results after the market closes on August 3, 2023. A conference call will be held the same day at 5:00 pm Eastern Time to review the Company's second quarter 2023. Webcast: A live webcast of the conference call will be available in the investor relations section of the Company's website at www.chmireit.com. To listen to the live.

Cherry Hill Mortgage Investment Corporation Sets Date for Second Quarter 2023 Earnings Release and Conference Call

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FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) today announced that its Board of Directors declared a dividend of $0.15 per share on the Company's common stock for the second quarter of 2023. The dividend will be payable in cash on July 31, 2023 to holders of the common stock of record as of the close of business on June 30, 2023. Additionally, Cherry Hill announced that its Board of Directors has declared a dividend of $0.5125 per share on the Comp.

Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the Second Quarter 2023

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Cherry Hill Mortgage Investment Corporation (NYSE:CHMI ) Q1 2023 Earnings Conference Call May 8, 2023 5:00 PM ET Company Participants Garrett Edson - ICR Jeffrey Lown - President, CEO & Director Julian Evans - CIO Michael Hutchby - CFO, Treasurer, Secretary & Head, IR Conference Call Participants Mikhail Goberman - JMP Securities Matthew Howlett - B. Riley Securities Operator Good day, and thank you all for standing by.

Cherry Hill Mortgage Investment Corporation (CHMI) Q1 2023 Earnings Call Transcript

Cherry Hill Mortgage (CHMI) came out with quarterly earnings of $0.21 per share, missing the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.34 per share a year ago.

Cherry Hill Mortgage (CHMI) Q1 Earnings and Revenues Miss Estimates

FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) (“Cherry Hill” or the “Company”) today reported results for the first quarter 2023. First Quarter 2023 Highlights GAAP net loss applicable to common stockholders of $21.4 million, or $0.87 per share. Earnings available for distribution (“EAD”) attributable to common stockholders of $5.2 million, or $0.21 per diluted share. Common book value per share of $5.52 at March 31, 2023. Declared regular common d.

Cherry Hill Mortgage Investment Corporation Announces First Quarter 2023 Results

FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) today announced that the Company will release first quarter 2023 financial results after the market closes on Monday, May 8, 2023. A conference call will be held the same day at 5:00 pm Eastern Time to review the Company's first quarter 2023. Webcast: A live webcast of the conference call will be available in the investor relations section of the Company's website at www.chmireit.com. To listen to the l.

Cherry Hill Mortgage Investment Corporation Sets Date for First Quarter 2023 Earnings Release and Conference Call

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Cherry Hill And Invesco Mortgage: The 2 Best mREIT Fixed-To-Floating Rate Preferreds

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FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) today announced that its Board of Directors declared a dividend of $0.27 per share on the Company's common stock for the first quarter of 2023. The dividend will be payable in cash on April 25, 2023 to holders of the common stock of record as of the close of business on March 31, 2023. Additionally, Cherry Hill announced that its Board of Directors has declared a dividend of $0.

Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the First Quarter 2023

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FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) is pleased to announce the appointment, effective as of March 8, 2023, of Sharon Lee Cook to the Board of Directors to serve out the term of Ms. Regina Lowrie, who passed away on January 1, 2023. Ms.

Cherry Hill Mortgage Investment Corporation Announces Appointment of Sharon Lee Cook to Board of Directors

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Cherry Hill (CHMI) delivered earnings and revenue surprises of -14.29% and 62.45%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Cherry Hill Mortgage (CHMI) Q4 Earnings and Revenues Lag Estimates

News for Cherry Hill Mortgage Stock (CHMI)