B. Riley Brokers Decrease Earnings Estimates for CHMI

Cherry Hill Mortgage Investment Co. (NYSE:CHMI) – Analysts at B. Riley reduced their Q1 2025 earnings estimates for shares of Cherry Hill Mortgage Investment in a research report issued to clients and investors on Monday, December 9th. B. Riley analyst M. Howlett now expects that the real estate investment trust will post earnings per share of $0.14 for the quarter, down from their prior estimate of $0.21. The consensus estimate for Cherry Hill Mortgage Investment’s current full-year earnings is $0.63 per share. B. Riley also issued estimates for Cherry Hill Mortgage Investment’s Q2 2025 earnings at $0.15 EPS, Q3 2025 earnings at $0.16 EPS, Q4 2025 earnings at $0.17 EPS, Q1 2026 earnings at $0.17 EPS, Q2 2026 earnings at $0.17 EPS and Q3 2026 earnings at $0.18 EPS.

Cherry Hill Mortgage Investment (NYSE:CHMI) last announced its quarterly earnings data on Tuesday, November 12th. The real estate investment trust reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.06). The company had revenue of $14.33 million for the quarter. Cherry Hill Mortgage Investment had a negative net margin of 60.97% and a positive return on equity of 15.18%. During the same period in the prior year, the business posted $0.16 earnings per share.

Cherry Hill Mortgage Investment Stock Down 1.3 %

Shares of Cherry Hill Mortgage Investment stock opened at $2.68 on Wednesday. Cherry Hill Mortgage Investment has a twelve month low of $2.50 and a twelve month high of $4.39. The business has a 50-day moving average price of $3.09 and a 200-day moving average price of $3.47. The firm has a market cap of $84.58 million, a price-to-earnings ratio of -1.76 and a beta of 1.39.

Hedge Funds Weigh In On Cherry Hill Mortgage Investment

A number of institutional investors and hedge funds have recently made changes to their positions in CHMI. Barclays PLC bought a new stake in Cherry Hill Mortgage Investment in the third quarter worth $52,000. Geode Capital Management LLC raised its stake in shares of Cherry Hill Mortgage Investment by 7.6% in the third quarter. Geode Capital Management LLC now owns 337,392 shares of the real estate investment trust’s stock valued at $1,225,000 after acquiring an additional 23,947 shares during the period. Penserra Capital Management LLC lifted its holdings in shares of Cherry Hill Mortgage Investment by 22.9% in the 3rd quarter. Penserra Capital Management LLC now owns 265,787 shares of the real estate investment trust’s stock worth $964,000 after acquiring an additional 49,600 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Cherry Hill Mortgage Investment during the 3rd quarter worth about $49,000. Finally, Wolverine Asset Management LLC bought a new position in Cherry Hill Mortgage Investment during the 3rd quarter valued at about $665,000. 18.49% of the stock is owned by hedge funds and other institutional investors.

Cherry Hill Mortgage Investment Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 31st. Investors of record on Monday, September 30th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 22.43%. The ex-dividend date of this dividend was Monday, September 30th. Cherry Hill Mortgage Investment’s payout ratio is -39.47%.

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.