Cherry Hill Mortgage Investment (CHMI) to Release Earnings on Tuesday

Cherry Hill Mortgage Investment (NYSE:CHMI) will post its quarterly earnings results after the market closes on Tuesday, November 12th. Analysts expect Cherry Hill Mortgage Investment to post earnings of $0.14 per share for the quarter.

Cherry Hill Mortgage Investment (NYSE:CHMI) last announced its quarterly earnings data on Thursday, August 8th. The real estate investment trust reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.07). The business had revenue of $13.68 million during the quarter. Cherry Hill Mortgage Investment had a negative net margin of 8.28% and a positive return on equity of 16.36%. During the same quarter in the previous year, the firm posted $0.16 earnings per share. On average, analysts expect Cherry Hill Mortgage Investment to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Cherry Hill Mortgage Investment Stock Performance

Shares of Cherry Hill Mortgage Investment stock opened at $3.25 on Monday. Cherry Hill Mortgage Investment has a 52 week low of $3.19 and a 52 week high of $4.39. The stock has a market capitalization of $97.76 million, a price-to-earnings ratio of -6.02 and a beta of 1.47. The firm has a fifty day moving average of $3.47 and a two-hundred day moving average of $3.60.

Cherry Hill Mortgage Investment Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Shareholders of record on Monday, September 30th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 18.46%. The ex-dividend date of this dividend was Monday, September 30th. Cherry Hill Mortgage Investment’s payout ratio is -111.11%.

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.