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.

FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) today announced that the Company will release second quarter 2022 financial results after the market closes on Wednesday, August 3, 2022. A conference call will be held the same day at 5:00 pm Eastern Time to review the Company's second quarter 2022. Webcast: The conference call will be available in the investor relations section of the Company's website at www.chmireit.com. To listen to a live broadcas

Cherry Hill Mortgage Investment Corporation Sets Date for Second Quarter 2022 Earnings Release and Conference Call

CHMI declared a quarterly dividend of $0.27, a significant annualized dividend yield of 16.07%. The company showed significant improvement in profit margins in Q1 2022 and is expected to maintain it in FY22.

Cherry Hill: 16.07% Dividend With Significant Upside Potential

FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) today announced that its Board of Directors has declared a dividend of $0.27 per share on the Company's common stock for the second quarter of 2022. The dividend will be payable in cash on July 26, 2022 to holders of the common stock of record as of the close of business on June 30, 2022. Additionally, Cherry Hill announced that its Board of Directors has declared a dividend of $0.5125 per share on the

Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the Second Quarter 2022

CHMI has a mind-boggling 15.88% forward dividend yield, and if the external economic factors remain positive, this could be a sustainable dividend. CHMI has a healthy investment portfolio. The vast majority of its portfolio consists of 30-year RMBS.

Cherry Hill: An Impressive Dividend Yield Of 15.88%

Cherry Hill Mortgage Investment Corporation (NYSE:CHMI ) Q1 2022 Earnings Conference Call May 9, 2022 5:00 PM ET Company Participants Garrett Edson - Managing Director, ICR Jay Lown - President & Chief Executive Officer Julian Evans - Chief Investment Officer Michael Hutchby - Chief Financial Officer Ray Slater - MSR Portfolio Manager Conference Call Participants Mikhail Goberman - JMP Securities Henry Coffey - Wedbush Matthew Howlett - B. Riley Operator Greetings.

Cherry Hill Mortgage Investment Corporation (CHMI) CEO Jay Lown on Q1 2022 Results - Earnings Call Transcript

Cherry Hill (CHMI) delivered earnings and revenue surprises of 3.03% and 41.67%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Cherry Hill Mortgage (CHMI) Surpasses Q1 Earnings 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 2022. First Quarter 2022 Highlights GAAP net income applicable to common stockholders of $25.6 million, or $1.40 per share Earnings available for distribution (“EAD”) attributable to common stockholders of $6.2 million, or $0.34 per share. Common book value per share of $7.27 at March 31, 2022 Declared regular common dividend

Cherry Hill Mortgage Investment Corporation Announces First Quarter 2022 Results

FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) today announced that the Company will release first quarter 2022 financial results after the market closes on Monday, May 9, 2022. A conference call will be held the same day at 5:00 pm Eastern Time to review the Company's first quarter 2022. Webcast: The conference call will be available in the investor relations section of the Company's website at www.chmireit.com. To listen to a live broadcast, go to

Cherry Hill Mortgage Investment Corporation Sets Date for First Quarter 2022 Earnings Release and Conference Call

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Our sector has been wild lately. The volatility means more developments we need to cover. I've got some catching up to do. If you like shares with high dividend yields and inefficient markets, you're going to enjoy these opportunities. These yields are pretty good today, but dividend rates could increase materially in a few years.

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Cherry Hill Mortgage Investment Corporation (CHMI) CEO Jay Lown on Q4 2021 Results - Earnings Call Transcript

Cherry Hill (CHMI) delivered earnings and revenue surprises of 10.34% and 51.82%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Cherry Hill Mortgage (CHMI) Beats Q4 Earnings Estimates

FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) (“Cherry Hill” or the “Company”) today reported results for the fourth quarter and full year 2021. Fourth Quarter 2021 Highlights GAAP net income applicable to common stockholders of $4.1 million, or $0.23 per share Earnings available for distribution (“EAD”) attributable to common stockholders of $5.8 million, or $0.32 per share. Common book value per share of $8.56 at December 31, 2021 Declared regula

Cherry Hill Mortgage Investment Corporation Announces Fourth Quarter and Full Year 2021 Results

FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) today announced that on March 10, 2022, its Board of Directors declared a dividend of $0.27 per share on the Company's common stock for the first quarter of 2022. The dividend will be payable in cash on April 26, 2022 to holders of the common stock of record as of the close of business on March 31, 2022. Additionally, Cherry Hill announced that its Board of Directors has declared a dividend of $0.5125 p

Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the First Quarter 2022

FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) today announced that the Company will release fourth quarter and full year 2021 financial results after the market closes on Tuesday, March 15, 2022. A conference call will be held the same day at 5:00 pm Eastern Time to review the Company's fourth quarter and full year 2021. Webcast: The conference call will be available in the investor relations section of the Company's website at www.chmireit.com. To

Cherry Hill Mortgage Investment Corporation Sets Date for Fourth Quarter and Full Year 2021 Earnings Release and Conference Call

FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (the “Company” or “CHMI”)(NYSE: CHMI), today announced the estimated Federal income tax treatment of the Company's 2021 distributions on its common and preferred stock, as described below. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of the Company's distributions. Common Stock     Total     Record Payable Distributions Total Ordinary Nondividend Date Dat

Cherry Hill Mortgage Investment Corporation Announces Taxable Composition of 2021 Dividends

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December 3, 2021 - January 3 2022 readers mentioned 40 equities in their comments. Some lamented bad-news, so bad-news investments (rogues) mixed with (mostly) favorites. (Thus, these are the ReFa/Ro.). Ten analyst-target-estimated TOP-NET-GAIN reader faves & rogues, QIWI, GRIN, CHMI, LUMN, SFL, EPD, T, ZIM, EARN, & LEG averaged 41.99% net gains from data collected 1/3/22.

My Readers Identified 26 Ready-To-Buy Dividend Dogs For January

CHMI has a very attractive 13.33% forward dividend yield which could also be sustainable in the future. External factors can turn in Cherry Hill's favor in 2022 such as lower prepayments and rising interest rates.

Cherry Hill: Favorable External Factors With A 13.33% Yield

FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) today announced that its Board of Directors has declared a dividend of $0.27 per share on the Company's common stock for the fourth quarter of 2021. The dividend will be payable in cash on January 25, 2022 to holders of the common stock of record as of the close of business on December 31, 2021. Additionally, Cherry Hill announced that its Board of Directors has declared a dividend of $0.5125 per share

Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the Fourth Quarter 2021

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Cherry Hill Mortgage Investment's (CHMI) CEO Jay Lown on Q3 2021 Results - Earnings Call Transcript

FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) (“Cherry Hill” or the “Company”) today reported results for the third quarter 2021. Third Quarter 2021 Highlights GAAP net loss applicable to common stockholders of $6.2 million, or $0.36 per share Earnings available for distribution (“EAD”, fka “core earnings”) attributable to common stockholders of $4.2 million, or $0.25 per share. Earnings available for distribution included a one-time payment of $0.

Cherry Hill Mortgage Investment Corporation Announces Third Quarter 2021 Results

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News for Cherry Hill Mortgage Stock (CHMI)