Cherry Hill Mortgage Investment Corp. | REIT Profile

Symbol: CHMI
CIK: 1571776
Exchange: NYSE
Founded: 2012 (9 years)
HQ: Farmingdale, NJ, United States
Type of REIT: Mortgage REIT
Listing Status: Public
Market Capitalization: Micro-Cap
REIT Sector: Mortgage

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See CHMI on SEC.gov

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Overall Score: 3.7

See score breakdown | See trend

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. Learn More


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Hightlights of Trading Day October 14, 2021


Open Price: $9.2
Closing Price: $9.2
Price Change: 0.03 (0.327%)
Lowest Price: $9.14
Highest Price: $9.24

52-Week Low: $7.42
52-Week High: $10.09
52-Week Change: 8.31%

5 Day Price Change: 2.12%
1 Month Price Change: 4.03%
3 Month Price Change: 0.17%
6 Month Price Change: -0.61%
YTD Price Change: 9.10%
1 Year Price Change: 8.43%
2 Year Price Change: -9.01%
5 Year Price Change: -2.64%

Dividend of Trading Day October 14, 2021


Dividend Yield: 11.739%*
Annualized Dividend: $1.08*
Dividend Yield (TTM): 11.294%
Annualized Dividend (TTM): $1.0356
Ex-Dividend Date: 2021-09-29
Dividend Frequency: Quarterly

*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes. This graph does not include extraordinary dividend.

Latest News Headlines


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Key Stats of Trading Day October 14, 2021


Total Cash: N/A
Current Debt: $1,047,708,000
Revenue: $120,124,000
Gross Profit: $97,484,000
Total Revenue: $120,124,000
Earnings Before Interest, Taxes & Depreciation Amortization (EBITDA): $16,499,000
Revenue Per Share: $7
Revenue Per Employee: N/A
Employee: N/A
Debt to Equity Ratio (D/E): 4.69
Profit Margin: 0.01%
Enterprise Value (EV): $156,930,337
Enterprise Value to Revenue (EV/R): 1.31
Price to Sales (P/S): 1.31
Price to Book (P/B): 0.93
Peg Ratio: 1.28
P/E Ratio: 130.68
P/E High: -21.38
P/E Low: -28.17
Forward P/E Ratio: N/A
Market Capitalization: $157,443,740
Beta: 0.88
Latest Volume: 87,060.00
Avg. Total Volume: 220,296
Avg. 10 Volume: 96,307.00
Avg. 30 Volume: 220,296.00
TTM EPS: 0.07
TTM Dividend Rate: 1.04
Shares Outstanding: 17,113,450
Float: N/A
50-Day Moving Avg.: 8.92
200-Day Moving Avg.: 9.15

REIT Simulation


Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.

With $1,000 USD With $500 USD With $250 USD With $100 USD With $50 USD
Initial investment @ $14.36 per share you would have been able to buy 69 shares of CHMI on 2020-10-15 costing $990.84 @ $14.36 per share you would have been able to buy 34 shares of CHMI on 2020-10-15 costing $488.24 @ $14.36 per share you would have been able to buy 17 shares of CHMI on 2020-10-15 costing $244.12 @ $14.36 per share you would have been able to buy 6 shares of CHMI on 2020-10-15 costing $86.16 @ $14.36 per share you would have been able to buy 3 shares of CHMI on 2020-10-15 costing $43.08
Current worth On 2021-10-14 these 69 shares would be worth $634.80 @ $9.20 On 2021-10-14 these 34 shares would be worth $312.80 @ $9.20 On 2021-10-14 these 17 shares would be worth $156.40 @ $9.20 On 2021-10-14 these 6 shares would be worth $55.20 @ $9.20 On 2021-10-14 these 3 shares would be worth $27.60 @ $9.20
Dividends earned $93.15 in dividends would have been earned since 2020-10-15 with 69 shares. $46 in dividends would have been earned since 2020-10-15 with 34 shares. $22.95 in dividends would have been earned since 2020-10-15 with 17 shares. $8.10 in dividends would have been earned since 2020-10-15 with 6 shares. $4.05 in dividends would have been earned since 2020-10-15 with 34 shares.
Net (gain / loss)* -262.89 USD -129.54 USD -64.77 USD -22.86 USD -11.43 USD
ROI** -26.53% -26.53% -26.53% -26.53% -26.53%

*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.

Dividend History


Below are the most recent cash dividends paid by CHMI. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.


Symbol Ex Date Cash Amount Change in Dividend Declaration Date Record Date Payment Date
CHMI 2021-09-29 0.270 --- 2021-09-17 2021-09-30 2021-10-26
CHMI 2021-06-29 0.270 --- 2021-06-17 2021-06-30 2021-07-27
CHMI 2021-03-30 0.270 --- 2021-03-04 2021-03-31 2021-04-27
CHMI 2020-12-30 0.270 --- 2020-12-10 2020-12-31 2021-01-26
CHMI 2020-09-29 0.270 --- 2020-09-17 2020-09-30 2020-10-27
CHMI 2020-06-29 0.270 -32.50% 2020-06-18 2020-06-30 2020-07-28
CHMI 2020-03-30 0.400 --- 2020-03-12 2020-03-31 2020-04-28
CHMI 2019-12-30 0.400 --- 2019-12-12 2019-12-31 2020-01-28
CHMI 2019-09-27 0.400 -18.37% 2019-09-04 2019-09-30 2019-10-29
CHMI 2019-06-27 0.490 --- 2019-06-13 2019-06-28 2019-07-30
CHMI 2019-03-15 0.490 --- 2019-03-05 2019-03-18 2019-04-30
CHMI 2018-12-28 0.490 --- 2018-12-13 2018-12-31 2019-01-29
CHMI 2018-09-27 0.490 --- 2018-09-06 2018-09-28 2018-10-30
CHMI 2018-06-28 0.490 --- 2018-06-14 2018-06-29 2018-07-31
CHMI 2018-03-28 0.490 --- 2018-03-08 2018-03-29 2018-04-24
CHMI 2017-12-28 0.490 --- 2017-12-07 2017-12-29 2018-01-30
CHMI 2017-09-28 0.490 --- 2017-09-15 2017-09-29 2017-10-24
CHMI 2017-06-28 0.490 --- 2017-06-15 2017-06-30 2017-07-25
CHMI 2017-03-16 0.490 --- 2017-03-08 2017-03-20 2017-04-25
CHMI 2016-12-29 0.490 --- 2016-12-08 2016-12-31 2017-01-31

Financial Statements Overview


Balance Sheet | Quarterly

See Annual Balance Sheet | See Quarterly Balance Sheet

Amounts in USD ($)

Balance Sheet 2021-06-30 2021-03-31 2020-12-31 2020-09-30
Current Cash 0 0 0 0
Receivables 27,539,000 41,291,000 26,137,000 26,177,000
Inventory 0 0 0 0
Current Assets 1,334,756,000 1,410,484,000 1,593,488,000 1,830,506,000
Current Assets (Other) 14,589,000 18,624,000 18,253,000 10,244,000
Short Term Investments 1,243,029,000 1,264,533,000 1,437,133,000 1,676,349,000
Long-term Investments 0 0 0 0
Property, Plant & Equipment Net 0 0 0 0
Goodwill 0 0 0 0
Intangible Assets 0 0 0 0
Other Assets 0 0 0 0
Net Tangible Assets 168,946,000 189,357,000 194,786,000 204,799,000
Total Assets 1,334,756,000 1,410,484,000 1,593,488,000 1,830,506,000
Accounts Payable 0 0 0 0
Liabilities (Other) 0 0 0 0
Current Liabilities (Other) 912,730,000 985,975,000 1,169,543,000 1,393,984,000
Total Current Liabilities 1,047,708,000 1,102,904,000 1,280,922,000 1,508,313,000
Current Long-term Debt 134,978,000 116,929,000 111,379,000 114,329,000
Long-term Debt 0 0 0 0
Total Liabilities 1,050,431,000 1,105,748,000 1,283,323,000 1,510,426,000
Minority Interest 2,723,000 2,844,000 2,401,000 2,113,000
Common Stock 17,073,943 17,065,735 17,058,087 301,120,000
Retained Earnings -146,719,000 -128,260,000 -141,980,000 -143,780,000
Treasury Stock 0 0 0 0
Capital Surplus 0 0 0 0
Shareholder Equity 284,325,000 304,736,000 310,165,000 320,080,000

Income Statement | Quarterly

See Annual Income Statement | See Quarterly Income Statement

Amounts in USD ($)

Income Statement 2021-06-30 2021-03-31 2020-12-31 2020-09-30
Total Revenue 20,833,000 19,525,000 73,884,000 5,882,000
Cost of Revenue 0 0 22,640,000 0
Gross Profit 20,833,000 19,525,000 51,244,000 5,882,000
Research and Development 0 0 0 0
Selling General and Admin 1,726,000 1,442,000 1,209,000 1,503,000
Operating Expense 38,836,000 19,397,000 65,775,000 8,740,000
Operating Income -18,003,000 128,000 8,109,000 -2,858,000
Income Expense Net (Other) 4,560,000 24,563,000 0 0
EBIT -13,443,000 24,691,000 8,109,000 -2,858,000
Interest Income 0 0 0 0
Pretax Income -13,443,000 24,691,000 8,109,000 -2,858,000
Income Tax -1,830,000 3,463,000 5,701,000 -2,116,000
Minority Interest -240,000 434,000 45,000 -10,000
Net Income -13,838,000 18,331,000 -100,000 -3,191,000
Net Income Basic -13,838,000 18,331,000 -100,000 -3,191,000

Cash Flow | Quarterly

See Annual Cash Flow | See Quarterly Cash Flow

Amounts in USD ($)

Cash Flow 2021-06-30 2021-03-31 2020-12-31 2020-09-30
Net Income -13,838,000 18,331,000 -100,000 -3,191,000
Depreciation 0 0 0 0
Changes in Receivables 27,539,000 41,291,000 26,137,000 -22,284,000
Changes in Inventories 0 0 0 0
Cash Change 54,370,000 61,942,000 83,892,000 685,000
Cash Flow 15,288,000 12,868,000 8,629,000 52,566,000
Capital Expenditures 0 0 0 0
Investments 0 0 0 0
Investing Activity (Other) 0 0 0 0
Total Investing Cash Flows -23,610,000 182,157,000 -2,300,294,000 1,040,591,000
Dividends Paid 0 0 0 0
Net Borrowings -1,108,051,000 -1,147,604,000 -1,325,754,000 -1,562,020,000
Cash Flow Financing -32,150,000 -220,583,000 2,339,273,000 -1,056,885,000
Financing Cash Flows (Other) 0 0 0 0
Exchange Rate Effect 0 0 0 0

About Cherry Hill Mortgage Investment Corp.


Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) is a real estate finance company that acquires, invests in and manages a portfolio of excess mortgage servicing rights, agency residential mortgage backed securities and other residential mortgage assets. We are externally managed by Cherry Hill Mortgage Management, LLC, a Delaware limited liability company. Cherry Hill’s principal objective is to generate attractive current yields and risk-adjusted total returns for our stockholders over the long term, primarily through dividend distributions and secondarily through capital appreciation. We intend to attain this objective by selectively constructing and actively managing a targeted portfolio of Excess MSRs, Agency RMBS and other cashflowing residential mortgage assets. Cherry Hill has elected to be taxed as a real estate investment trust, or REIT, for federal income tax purposes. We generally are not subject to federal taxes on our taxable income to the extent that we annually distribute all of our taxable income to stockholders and maintain our intended qualification as a REIT.

REITRating™ Scorecard


Rating Dividend Section Avg. Rating
0 Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. 3.8
7 Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. 6.4
Rating AFFO & Efficiency Section Avg. Rating
Rating Leverage Section Avg. Rating
1 Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. 4.9
7 Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. 6.7
Rating Asset & Revenue Section Avg. Rating
10 Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. 5.3
1 Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. 6.0
Rating Properties Section Avg. Rating
Rating Market Cap Section Avg. Rating
2 Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. 5.6
3.7 Overall REITRating™ Score (See trend) 6.2

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.

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Last updated: 2021-10-15 - v1.9