Cherry Hill Mortgage Investment Corporation, a residential real estate finance company, acquires, invests in, and manages residential mortgage assets in the United States. The company operates through Investments in RMBS, Investments in Servicing Related Assets, and All Other segments. It manages a portfolio of servicing related assets and residential mortgage-backed securities (RMBS). The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Cherry Hill Mortgage Investment Corporation was incorporated in 2012 and is based in Farmingdale, New Jersey.
IPO Year: 2013
Exchange: NYSE
Website: chmireit.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/2/2025 | $4.00 | Buy | Janney |
| 8/11/2021 | Market Outperform → Market Perform | JMP Securities |
8-K - Cherry Hill Mortgage Investment Corp (0001571776) (Filer)
10-Q - Cherry Hill Mortgage Investment Corp (0001571776) (Filer)
DEF 14A - Cherry Hill Mortgage Investment Corp (0001571776) (Filer)
8-K - Cherry Hill Mortgage Investment Corp (0001571776) (Filer)
10-K - Cherry Hill Mortgage Investment Corp (0001571776) (Filer)
8-K - Cherry Hill Mortgage Investment Corp (0001571776) (Filer)
8-K - Cherry Hill Mortgage Investment Corp (0001571776) (Filer)
8-K - Cherry Hill Mortgage Investment Corp (0001571776) (Filer)
10-Q - Cherry Hill Mortgage Investment Corp (0001571776) (Filer)
8-K - Cherry Hill Mortgage Investment Corp (0001571776) (Filer)
Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) is pleased to announce the appointment of Dale Hoffman to the Board of Directors, effective immediately. Mr. Hoffman is independent in accordance with NYSE listing standards, has been appointed to serve on the Compensation Committee and Nominating and Corporate Governance Committee of the Board and will participate in the same compensation programs as the other non-management directors. "We are excited to add Dale to our Board," said Jay Lown, President and Chief Executive Officer of Cherry Hill Mortgage Investment Corporation. "Dale's 30+ years in fixed income capital markets, including senior positions in trading and management, mak
Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) is pleased to announce the appointment, effective as of March 8, 2023, of Sharon Lee Cook to the Board of Directors to serve out the term of Ms. Regina Lowrie, who passed away on January 1, 2023. Ms. Cook is independent in accordance with NYSE listing standards, has been appointed to serve on the Audit Committee, Compensation Committee and Nominating and Corporate Governance Committees of the Board and will participate in the same compensation programs as the other non-management directors. "We are excited to welcome Ms. Cook to our Board," said Jay Lown, President and Chief Executive Officer of Cherry Hill Mortgage Investment Corpora
4 - Cherry Hill Mortgage Investment Corp (0001571776) (Issuer)
3 - Cherry Hill Mortgage Investment Corp (0001571776) (Issuer)
4 - Cherry Hill Mortgage Investment Corp (0001571776) (Issuer)
4 - Cherry Hill Mortgage Investment Corp (0001571776) (Issuer)
4 - Cherry Hill Mortgage Investment Corp (0001571776) (Issuer)
4 - Cherry Hill Mortgage Investment Corp (0001571776) (Issuer)
4 - Cherry Hill Mortgage Investment Corp (0001571776) (Issuer)
4 - Cherry Hill Mortgage Investment Corp (0001571776) (Issuer)
4 - Cherry Hill Mortgage Investment Corp (0001571776) (Issuer)
4 - Cherry Hill Mortgage Investment Corp (0001571776) (Issuer)
Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) ("Cherry Hill" or the "Company") today reported results for the first quarter 2025. First Quarter 2025 Highlights GAAP net loss applicable to common stockholders of $9.3 million, or $0.29 per share. Earnings available for distribution ("EAD") attributable to common stockholders of $5.4 million, or $0.17 per diluted share. Common book value per share of $3.58 at March 31, 2025. Declared regular common dividend of $0.15 per share; annualized common dividend yield was 20.1% based on the closing sale price of the Company's common stock as reported by the NYSE on May 5, 2025. Aggregate portfolio leverage stood at 5.2x at March 31
Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) today announced that the Company will release first quarter 2025 financial results after the market closes on May 6, 2025. A conference call will be held the same day at 5:00 pm Eastern Time to review the Company's first quarter 2025. Webcast: A live webcast of the conference call will be available in the investor relations section of the Company's website at www.chmireit.com. To listen to the live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register, download and install any necessary audio software. An online archive of the webcast will be available on the Company's website for 1 year
Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) today announced that its Board of Directors declared a dividend of $0.15 per share on the Company's common stock for the first quarter of 2025. The dividend will be payable in cash on April 30, 2025 to holders of the common stock of record as of the close of business on March 31, 2025. Additionally, Cherry Hill announced that its Board of Directors has declared a dividend of $0.5125 per share on the Company's 8.20% Series A Cumulative Redeemable Preferred Stock and a dividend of $0.6372 per share on the Company's 8.250% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock for the first quarter of 2025. The dividends w
Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) is pleased to announce the appointment of Dale Hoffman to the Board of Directors, effective immediately. Mr. Hoffman is independent in accordance with NYSE listing standards, has been appointed to serve on the Compensation Committee and Nominating and Corporate Governance Committee of the Board and will participate in the same compensation programs as the other non-management directors. "We are excited to add Dale to our Board," said Jay Lown, President and Chief Executive Officer of Cherry Hill Mortgage Investment Corporation. "Dale's 30+ years in fixed income capital markets, including senior positions in trading and management, mak
Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) ("Cherry Hill" or the "Company") today reported results for the fourth quarter and full year 2024. Fourth Quarter 2024 Highlights GAAP net income applicable to common stockholders of $9.1 million, or $0.29 per share. Earnings available for distribution ("EAD") attributable to common stockholders of $3.3 million, or $0.10 per diluted share. Common book value per share of $3.82 at December 31, 2024. GAAP net income applicable to common stockholders, EAD attributable to common stockholders and common book value per share were each impacted by $0.02 per share of special committee-related expenses. The special committee concluded
Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) today announced that the Company will release fourth quarter and full year 2024 financial results after the market closes on March 6, 2025. 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 2024. Webcast: A live webcast of the conference call will be available in the investor relations section of the Company's website at www.chmireit.com. To listen to the live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register, download and install any necessary audio software. An online archive of the webcast will be available o
Cherry Hill Mortgage Investment Corporation (the "Company" or "CHMI") (NYSE:CHMI) today announced the estimated Federal income tax treatment of the Company's 2024 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 Date Per Share Dividends Distributions 12/29/2023 01/31/2024 $0.1500 $0.0750 $
Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) today announced that its Board of Directors declared a dividend of $0.15 per share on the Company's common stock for the fourth quarter of 2024. The dividend will be payable in cash on January 31, 2025 to holders of the common stock of record as of the close of business on December 31, 2024. Additionally, Cherry Hill announced that its Board of Directors has declared a dividend of $0.5125 per share on the Company's 8.20% Series A Cumulative Redeemable Preferred Stock and a dividend of $0.6739 per share on the Company's 8.250% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock for the fourth quarter of 2024. The div
Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) (the "Company") today announced that the Company has commenced operations as a fully integrated, internally managed mortgage REIT and has terminated the management agreement with its external manager, Cherry Hill Mortgage Management, LLC (the "Manager"), effective as of November 14, 2024. The management agreement was terminated upon the completion of an internalization event in which, among other things, the Company entered into employment arrangements with the Company's senior management team and other personnel supporting the Company's business. No termination fee is payable to the Manager, and the Company will not pay management f
Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) ("Cherry Hill" or the "Company") today reported results for the third quarter 2024. Third Quarter 2024 Highlights GAAP net loss applicable to common stockholders of $14.8 million, or $0.49 per share. Earnings available for distribution ("EAD") attributable to common stockholders of $2.5 million, or $0.08 per diluted share. Common book value per share of $4.02 at September 30, 2024. GAAP net loss applicable to common stockholders, EAD attributable to common stockholders and common book value per share were each impacted by 4.5 cents per share of special committee-related expenses. Declared regular common dividend of $0.
Janney initiated coverage of Cherry Hill Mortgage with a rating of Buy and set a new price target of $4.00
JMP Securities downgraded Cherry Hill Mortgage from Market Outperform to Market Perform
SC 13G/A - Cherry Hill Mortgage Investment Corp (0001571776) (Subject)
SC 13G/A - Cherry Hill Mortgage Investment Corp (0001571776) (Subject)
SC 13G/A - Cherry Hill Mortgage Investment Corp (0001571776) (Subject)
SC 13G - Cherry Hill Mortgage Investment Corp (0001571776) (Subject)
4 - Cherry Hill Mortgage Investment Corp (0001571776) (Issuer)
4 - Cherry Hill Mortgage Investment Corp (0001571776) (Issuer)
Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) ("Cherry Hill" or the "Company") today reported results for the first quarter 2025. First Quarter 2025 Highlights GAAP net loss applicable to common stockholders of $9.3 million, or $0.29 per share. Earnings available for distribution ("EAD") attributable to common stockholders of $5.4 million, or $0.17 per diluted share. Common book value per share of $3.58 at March 31, 2025. Declared regular common dividend of $0.15 per share; annualized common dividend yield was 20.1% based on the closing sale price of the Company's common stock as reported by the NYSE on May 5, 2025. Aggregate portfolio leverage stood at 5.2x at March 31
Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) today announced that the Company will release first quarter 2025 financial results after the market closes on May 6, 2025. A conference call will be held the same day at 5:00 pm Eastern Time to review the Company's first quarter 2025. Webcast: A live webcast of the conference call will be available in the investor relations section of the Company's website at www.chmireit.com. To listen to the live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register, download and install any necessary audio software. An online archive of the webcast will be available on the Company's website for 1 year
Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) today announced that its Board of Directors declared a dividend of $0.15 per share on the Company's common stock for the first quarter of 2025. The dividend will be payable in cash on April 30, 2025 to holders of the common stock of record as of the close of business on March 31, 2025. Additionally, Cherry Hill announced that its Board of Directors has declared a dividend of $0.5125 per share on the Company's 8.20% Series A Cumulative Redeemable Preferred Stock and a dividend of $0.6372 per share on the Company's 8.250% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock for the first quarter of 2025. The dividends w
Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) ("Cherry Hill" or the "Company") today reported results for the fourth quarter and full year 2024. Fourth Quarter 2024 Highlights GAAP net income applicable to common stockholders of $9.1 million, or $0.29 per share. Earnings available for distribution ("EAD") attributable to common stockholders of $3.3 million, or $0.10 per diluted share. Common book value per share of $3.82 at December 31, 2024. GAAP net income applicable to common stockholders, EAD attributable to common stockholders and common book value per share were each impacted by $0.02 per share of special committee-related expenses. The special committee concluded
Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) today announced that the Company will release fourth quarter and full year 2024 financial results after the market closes on March 6, 2025. 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 2024. Webcast: A live webcast of the conference call will be available in the investor relations section of the Company's website at www.chmireit.com. To listen to the live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register, download and install any necessary audio software. An online archive of the webcast will be available o
Cherry Hill Mortgage Investment Corporation (the "Company" or "CHMI") (NYSE:CHMI) today announced the estimated Federal income tax treatment of the Company's 2024 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 Date Per Share Dividends Distributions 12/29/2023 01/31/2024 $0.1500 $0.0750 $
Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) today announced that its Board of Directors declared a dividend of $0.15 per share on the Company's common stock for the fourth quarter of 2024. The dividend will be payable in cash on January 31, 2025 to holders of the common stock of record as of the close of business on December 31, 2024. Additionally, Cherry Hill announced that its Board of Directors has declared a dividend of $0.5125 per share on the Company's 8.20% Series A Cumulative Redeemable Preferred Stock and a dividend of $0.6739 per share on the Company's 8.250% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock for the fourth quarter of 2024. The div
Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) (the "Company") today announced that the Company has commenced operations as a fully integrated, internally managed mortgage REIT and has terminated the management agreement with its external manager, Cherry Hill Mortgage Management, LLC (the "Manager"), effective as of November 14, 2024. The management agreement was terminated upon the completion of an internalization event in which, among other things, the Company entered into employment arrangements with the Company's senior management team and other personnel supporting the Company's business. No termination fee is payable to the Manager, and the Company will not pay management f
Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) ("Cherry Hill" or the "Company") today reported results for the third quarter 2024. Third Quarter 2024 Highlights GAAP net loss applicable to common stockholders of $14.8 million, or $0.49 per share. Earnings available for distribution ("EAD") attributable to common stockholders of $2.5 million, or $0.08 per diluted share. Common book value per share of $4.02 at September 30, 2024. GAAP net loss applicable to common stockholders, EAD attributable to common stockholders and common book value per share were each impacted by 4.5 cents per share of special committee-related expenses. Declared regular common dividend of $0.
Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) today announced that the Company will release third quarter 2024 financial results after the market closes on November 12, 2024. A conference call will be held the same day at 5:00 pm Eastern Time to review the Company's third quarter 2024. Webcast: A live webcast of the conference call will be available in the investor relations section of the Company's website at www.chmireit.com. To listen to the live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register, download and install any necessary audio software. An online archive of the webcast will be available on the Company's website for 1