Cherry Hill Mortgage Investment Corporation (NYSE:CHMI – Free Report) – Analysts at B. Riley dropped their Q2 2025 EPS estimates for shares of Cherry Hill Mortgage Investment in a research report issued on Monday, July 14th. B. Riley analyst R. Binner now forecasts that the real estate investment trust will earn $0.12 per share for the quarter, down from their prior estimate of $0.13. The consensus estimate for Cherry Hill Mortgage Investment’s current full-year earnings is $0.38 per share.
Cherry Hill Mortgage Investment Price Performance
CHMI stock opened at $2.71 on Tuesday. Cherry Hill Mortgage Investment has a one year low of $2.34 and a one year high of $3.95. The stock has a market cap of $88.35 million, a PE ratio of -4.92 and a beta of 0.96. The firm has a 50 day simple moving average of $2.93 and a two-hundred day simple moving average of $3.06.
Hedge Funds Weigh In On Cherry Hill Mortgage Investment
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Corient Private Wealth LLC boosted its stake in shares of Cherry Hill Mortgage Investment by 24.4% in the 4th quarter. Corient Private Wealth LLC now owns 619,121 shares of the real estate investment trust’s stock valued at $1,634,000 after purchasing an additional 121,447 shares in the last quarter. Virtu Financial LLC purchased a new stake in shares of Cherry Hill Mortgage Investment in the 4th quarter valued at $130,000. Northern Trust Corp boosted its stake in shares of Cherry Hill Mortgage Investment by 30.9% in the 4th quarter. Northern Trust Corp now owns 128,350 shares of the real estate investment trust’s stock valued at $339,000 after purchasing an additional 30,330 shares in the last quarter. Jane Street Group LLC purchased a new stake in shares of Cherry Hill Mortgage Investment in the 4th quarter valued at $68,000. Finally, Banco BTG Pactual S.A. purchased a new stake in shares of Cherry Hill Mortgage Investment in the 1st quarter valued at $36,000. Hedge funds and other institutional investors own 18.49% of the company’s stock.
Cherry Hill Mortgage Investment Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Monday, June 30th will be paid a $0.15 dividend. The ex-dividend date is Monday, June 30th. This represents a $0.60 dividend on an annualized basis and a yield of 22.18%. Cherry Hill Mortgage Investment’s dividend payout ratio is presently -109.09%.
Cherry Hill Mortgage Investment Company Profile
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.
Featured Articles
- Five stocks we like better than Cherry Hill Mortgage Investment
- Where Do I Find 52-Week Highs and Lows?
- 3 Stocks to Cushion Your Portfolio This Earnings Season
- Using the MarketBeat Stock Split Calculator
- This Fund Manager Says You Should Get Out of Tesla and Apple—Now
- Best Stocks Under $5.00
- JNJ’s Stock Price Is Back in Rally Mode—The Time to Buy Is Now
Receive News & Ratings for Cherry Hill Mortgage Investment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cherry Hill Mortgage Investment and related companies with MarketBeat.com's FREE daily email newsletter.