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.

Shares of Cherry Hill Mortgage (NYSE:CHMI) rose in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share decreased 22.92% year over year to $0.37, which beat the estimate of $0.29.

Recap: Cherry Hill Mortgage Q4 Earnings

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 2020. Fourth Quarter 2020 Highlights GAAP net income applicable to common stockholders of $6.4 million, or $0.38 per share Core earnings attributable to common stockholders of $6.3 million, or $0.37 per share Common book value per share of $11.16 at December 31, 2020 Declared regular common dividend of $0.27 per

Cherry Hill Mortgage Investment Corporation Announces Fourth Quarter and Full Year 2020 Results

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Analyst top-10 target net-gain estimates for these bargain basement dogs 3/4/21 ranged 15.05%-60.54% from HMLP, FSKR, FSK, BPMP, KNOP, CHMI, DHT, SCU, MAGS, EURN, and top pick, USAC per YCharts. Top-10 10%+Yield@$5-$25 priced firms by yield, FSUMF, SCU, ORC, SRLP, SOLLY, IMBBF, SHLX, USAC, DHT, and top dog, EURN ranged 13.24%-19.14%. Expect more dividend adjustments in coming weeks.

44 10%-Plus Yield Dividend Stocks Priced $5-$25 For March

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 first quarter of 2021. The dividend will be payable in cash on April 27, 2021 to holders of the common stock of record as of the close of business on March 31, 2021. 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 First Quarter 2021

FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) today announced that the Company will release fourth quarter and full year 2020 financial results after the market closes on Tuesday, March 9, 2021. 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 2020. 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 2020 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 2020 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 2020 Dividends

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These dividend dog 10%+ Yield @ $5-$25 prices are all sourced from YCharts which allows a dividend yield to persist for 365 days after the most recent report if a dividend is cut. Analyst top ten target net gain estimates for top ten bargain basement dogs 2/10/21 ranged 14.09%-34.06% from SOLLY, SHLX, HMLP, MAGS, OKENF, BPMP, MPLX, TRMD, CHMI, and top pick, KNOP per YCharts data.

54 10%+ Yield Dividend Stocks Priced $5-$25 For February

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The GEO Group showed top-broker estimated net gains of 103.33%, while Orchid Island Capital had the top (14.3%) yield out of 350 U.S. REITs per YCharts data 2/8/21. Top 10 net gainers TWO, PMT, EARN, GOOD, AFIN, NRZ, RC, CMO, CHMI, and GNL ranged 13.6%-30.1% 2/8/21. Top 36 US REITs (priced over $5) by yield represented 8 of 9 REIT industries.

67 U.S. Real Estate Investment Trusts Yield Over 7% In February

The mREIT preferreds sector remains attractive due to continued Fed support of fixed-income markets, attractive yields and a broad de-risking We take a look at CHMI preferreds which look very attractive due to their low leverage, attractive yield and an unwind of credit assets.

Cherry Hill Mortgage Investment Corporation: Preferreds Offer Attractive Risk/Reward

Cherry Hill Mortgage is an mREIT that has been beat up with its peers. The company offers a high-yield common share dividend and two attractive preferred share dividends.

3 High-Yield Income Securities Offered By Cherry Hill Mortgage

FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) today announced that Jay Lown, President and Chief Executive Officer, and Julian Evans, Chief Investment Officer, will host a fireside chat at the virtual ICR Conference 2021 on Monday, January 11, 2021. The fireside chat will begin at 9:30 AM Eastern Time. A link to the live webcast will be available in the investor relations section of the Company's website at www.chmireit.com. A replay of the present

Cherry Hill Mortgage Investment Corporation to Present at the ICR Conference 2021

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 2020. The dividend will be payable in cash on January 26, 2021 to holders of the common stock of record as of the close of business on December 31, 2020. 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 2020

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Positioned between bonds and dividend-paying common stocks, preferred stocks are often misunderstood. The extra safety of the dividend makes preferred stocks attractive especially from companies that are required to pay dividends.

Preferred Stocks Are Misunderstood And Underused

Cherry Hill Mortgage Investment Corporation (CHMI) CEO Jay Lown on Q3 2020 Results - Earnings Call Transcript

Cherry Hill (CHMI) delivered earnings and revenue surprises of 45.45% and 34.97%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Cherry Hill Mortgage (CHMI) Tops Q3 Earnings and Revenue Estimates

Shares of Cherry Hill Mortgage (NYSE:CHMI) rose 0.2% in after-market trading after the company reported Q3 results. Quarterly Results Earnings per share increased 17.07% over the past year to $0.48, which beat the estimate of $0.32.

Cherry Hill Mortgage: Q3 Earnings Insights

FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) (“Cherry Hill” or the “Company”) today reported results for the third quarter 2020. Third Quarter 2020 Highlights GAAP net loss applicable to common stockholders of $3.2 million, or $0.19 per share Core earnings attributable to common stockholders of $8.2 million, or $0.48 per share Common book value per share of $11.74 at September 30, 2020 Declared regular common dividend of $0.27 per share, annualize

Cherry Hill Mortgage Investment Corporation Announces Third Quarter 2020 Results

FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) today announced that the Company will release third quarter 2020 financial results after the market closes on Monday, November 9, 2020. A conference call will be held the same day at 5:00 pm Eastern Time to review the Company's third quarter. 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 Third Quarter 2020 Earnings Release and Conference Call

Cherry Hill (CHMI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Cherry Hill Mortgage (CHMI) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release

Cherry Hill (CHMI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why the Earnings Surprise Streak Could Continue for Cherry Hill (CHMI)

Mortgage REITs (mREITs) and in particular "agency" mREITs are one of the most undervalued sectors today. We explain why preferred stocks from "agency" mREITs are a very safe in the current environment. No "agency" mREITs have ever gone bankrupt.

Like Preferred Stocks? Cherry Hill And Two Harbors Yield Up To 9%

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Retail Value Inc again showed top-broker estimated-net gains of 141.2%, while Klepierre had the top 17.19% yield out of 350 U.S. REITs per YCharts data 10/16/20.

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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 third quarter of 2020.

Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the Third Quarter 2020

Cherry Hill (CHMI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Earnings Estimates Moving Higher for Cherry Hill (CHMI): Time to Buy?

News for Cherry Hill Mortgage Stock (CHMI)