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

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Earnings data Q1 2022

Earnings data Q2 2022

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

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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.

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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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Slash to 11% or 12% incoming. Shares already dipped some, though many investors don't know about the cut yet.

16% Dividend Yield Slash Incoming

Big unsustainable yield at a premium valuation. This share isn't for investors, it's for suckers. The valuation is at historically high levels. People who keep holding onto shares are not investing.

Dump This Fat 16% Yield Before The Cut

Cherry Hill's quarterly dividend payout currently stands at a double-digit 15.4% yield, with its last quarterly payout at $0.27 per share. This has been cut back materially in recent years and faces further headwinds in 2023 as the Fed funds rate continues to rise.

Cherry Hill: The 15.4% Yield Faces Headwinds, Consider The Preferreds

Similar shares at different valuations are the basis for alpha. The research is so hard, it requires adding dividends or looking at a chart.

A Painfully Obvious Dividend Choice

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 2022 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.

Cherry Hill Mortgage Investment Corporation Announces Taxable Composition of 2022 Dividends

We're contrasting two sets of investments where one is demonstrably better than the other. Market prices are not efficient. Sometimes investors leave a nice chunk of change on the table.

Dueling Dividends

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Good Riddance, 2022

Dividend yields: 7.8% to 15%. Dramatic discounts to net asset value. Price to NAV range: .36 to .86.

High-Yield Shares On Sale Today

FARMINGDALE, N.J.--( BUSINESS WIRE )--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) today announced that on December 15, 2022, its Board of Directors declared a dividend of $0.27 per share on the Company's common stock for the fourth quarter of 2022. The dividend will be payable in cash on January 31, 2023 to holders of the common stock of record as of the close of business on December 30, 2022.

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

Cherry Hill Mortgage and Armour Residential are both residential mortgage REITs that invest in agency residential mortgages. Despite Cherry Hill having a better track record and a less leveraged balance sheet, Cherry Hill Preferred “A” yields 9.80% while Armour Residential Preferred “C” yields only 8.67%.

Buy Cherry Hill Preferred And Sell Armour Preferred, And Other Swapportunities

Cherry Hill Mortgage Investment Corporation (NYSE:CHMI ) Q3 2022 Results Conference Call November 2, 2022 5:00 PM ET Company Participants Garrett Edson - Managing Director, ICR Jay Lown - President and CEO Julian Evans - Chief Investment Officer Michael Hutchby - Chief Financial Officer Conference Call Participants Henry Coffey - Wedbush Mikhail Goberman - JMP Securities Operator Good day, and thank you for standing by. Welcome to the Cherry Hill Mortgage Investment Corp Third Quarter 2022 Earnings Conference Call.

Cherry Hill Mortgage Investment Corporation (CHMI) Q3 2022 Earnings Call Transcript

Cherry Hill (CHMI) delivered earnings and revenue surprises of -10.34% and 72.59%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Cherry Hill Mortgage (CHMI) Q3 Earnings Lag Estimates

Cherry Hill Mortgage Investment Corporation Announces Third Quarter 2022 Results

You want huge yield with upside? Here it is. Rising short-term rates could push yields even higher.

12% Dividend Yield And 22% Upside

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

Cherry Hill Mortgage Investment Corporation is trying to be more constructive with its agency RMBS portfolio, and its strategy of pairing MSRs, is helping it to mitigate interest income risks. CHMI has an attractive valuation, and its 16% yield makes it even more attractive.

Cherry Hill Mortgage: Strong Yield And Low Valuation Make This mREIT Attractive

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 2022. The dividend will be payable in cash on October 25, 2022 to holders of the common stock of record as of the close of business on September 30, 2022. 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 Third Quarter 2022

Rithm Capital Corp

Easy article. 10 big dividends that look attractive. 3 shares where the yield doesn't offset the downside risks.

10 Picks For 8.4% Or More

Cherry Hill Mortgage Investment Corporation (NYSE:CHMI ) Q2 2022 Earnings Conference Call August 3, 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 Conference Call Participants Henry Coffey - Wedbush Mikhail Goberman - JMP Securities Matthew Howlett - B. Riley Operator Thank you for standing by.

Cherry Hill Mortgage Investment Corporation (CHMI) CEO Jay Lown on Q2 2022 Results - Earnings Call Transcript

Cherry Hill (CHMI) delivered earnings and revenue surprises of 13.33% and 11.54%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Cherry Hill Mortgage (CHMI) Q2 Earnings Top Estimates

FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) (“Cherry Hill” or the “Company”) today reported results for the second quarter 2022. Second Quarter 2022 Highlights GAAP net loss applicable to common stockholders of $17.6 million, or $0.92 per share Earnings available for distribution (“EAD”) attributable to common stockholders of $5.2 million, or $0.28 per share. Common book value per share of $6.73 at June 30, 2022 Declared regular common dividend o

Cherry Hill Mortgage Investment Corporation Announces Second Quarter 2022 Results

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

News for Cherry Hill Mortgage Stock (CHMI)