Cherry Hill Mortgage Investment Corp. | REIT Profile

Symbol: CHMI
CIK: 1571776
Exchange: NYSE
Founded: 2012 (10 years)
HQ: Farmingdale, NJ, United States
Type of REIT: Mortgage REIT
Listing Status: Public
Market Capitalization: Micro-Cap
REIT Sector: Mortgage

See CHMI on Google Finance
See CHMI on Yahoo Finance
See CHMI on SEC.gov

Website Logo  RSS Logo 

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.


Cherry Hill Mortgage Investment Corp. Company Logo

Stock Chart

See in Advanced Graph View

REITMovers


REITMovers tracks the stock price and other indicators for all US REITs tracked by REITNotes during normal trading hours. This data is updated every 3 minutes during normal trading hours. Note: All prices have a 15 minute delay.


Latest Price High Low Open Close Previous Close Volume Change $ Change % Market Cap PE Ratio 52W High 52W Low Ytd Change
$6.87 $6.93 $6.83 $6.93 $6.90 $6.90 42,078 -$0.04 -0.51% $134,883,142 20.78 $8.34 $5.82 -10.67%

Last update: 2022-08-09 09:14:48 PST

REITRating™ Trend


REITRating™ is REITNotes' Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. See score breakdown. The graph below plots the overall REITRating™ score for the last trading days. See complete trend.

Overall REITRating Score: 2.5

Hightlights of Trading Day August 8, 2022


Open Price: $6.91
Closing Price: $6.9
Price Change: 0.04 (0.583%)
Lowest Price: $6.87
Highest Price: $6.95
52-Week Low: $5.82
52-Week High: $8.34
52-Week Change: -14.46%
5 Day Price Change: -3.52%
1 Month Price Change: 2.85%
3 Month Price Change: 5.83%
6 Month Price Change: -6.02%
YTD Price Change: -10.68%
1 Year Price Change: -14.46%
2 Year Price Change: -11.81%
5 Year Price Change: -36.17%

Dividend of Trading Day August 8, 2022


Dividend Yield: 15.652%*
Annualized Dividend: $1.08*
Dividend Yield (TTM): 14.913%
Annualized Dividend (TTM): $1.023
Ex-Dividend Date: 2022-06-29
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


See more news headlines for Cherry Hill Mortgage Investment Corp.

Key Stats of Trading Day August 8, 2022


Total Cash: N/A
Current Debt: $952,369,000
Revenue: $68,786,000
Gross Profit: $55,051,000
Total Revenue: $68,786,000
Earnings Before Interest, Taxes & Depreciation Amortization (EBITDA): $21,224,000
Revenue Per Share: $4
Revenue Per Employee: N/A
Employee: N/A
Debt to Equity Ratio (D/E): 4.73
Profit Margin: 0.14%
Enterprise Value (EV): $134,312,991
Enterprise Value to Revenue (EV/R): 1.95
Price to Sales (P/S): 1.95
Price to Book (P/B): 0.96
Price/Earnings-to-Growth (PEG) Ratio: 0.05
P/E Ratio: 20.88
P/E High: -0.60
P/E Low: -3.20
Forward P/E Ratio: N/A
Market Capitalization: $135,570,821
Beta: 0.62
Latest Volume: 173,952
Avg. Total Volume: 173,680
Avg. 10-Day Volume: 240,275
Avg. 30-Day Volume: 173,680
TTM EPS: 0.33
Shares Outstanding: 19,647,945
Float: N/A
50-Day Moving Avg.: $6.71
200-Day Moving Avg.: $6.88

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 2021-08-09 costing $990.84 @ $14.36 per share you would have been able to buy 34 shares of CHMI on 2021-08-09 costing $488.24 @ $14.36 per share you would have been able to buy 17 shares of CHMI on 2021-08-09 costing $244.12 @ $14.36 per share you would have been able to buy 6 shares of CHMI on 2021-08-09 costing $86.16 @ $14.36 per share you would have been able to buy 3 shares of CHMI on 2021-08-09 costing $43.08
Current worth On 2022-08-08 these 69 shares would be worth $476.10 @ $6.90 On 2022-08-08 these 34 shares would be worth $234.60 @ $6.90 On 2022-08-08 these 17 shares would be worth $117.30 @ $6.90 On 2022-08-08 these 6 shares would be worth $41.40 @ $6.90 On 2022-08-08 these 3 shares would be worth $20.70 @ $6.90
Dividends earned $74.52 in dividends would have been earned since 2021-08-09 with 69 shares. $37 in dividends would have been earned since 2021-08-09 with 34 shares. $18.36 in dividends would have been earned since 2021-08-09 with 17 shares. $6.48 in dividends would have been earned since 2021-08-09 with 6 shares. $3.24 in dividends would have been earned since 2021-08-09 with 34 shares.
Net (gain / loss)* -440.22 USD -216.92 USD -108.46 USD -38.28 USD -19.14 USD
ROI** -44.43% -44.43% -44.43% -44.43% -44.43%

*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 2022-06-29 0.270 --- 2022-06-17 2022-06-30 2022-07-26
CHMI 2022-03-30 0.270 --- 2022-03-11 2022-03-31 2022-04-26
CHMI 2021-12-30 0.270 --- 2021-12-09 2021-12-31 2022-01-25
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

Earnings Press Releases


Below are the Earnings Press Releases for CHMI. To see the complete Earnings Report please visit the sec.gov.

Year Quarter Title
2022 Q1 Cherry Hill Mortgage Investment Corporation Announces First Quarter 2022 Results
2021 Q4 Cherry Hill Mortgage Investment Corporation Announces Fourth Quarter and Full Year 2021 Results

Financial Statements Overview


The next Earnings Report for CHMI is 2022-11-08

Balance Sheet | Quarterly

See Annual Balance Sheet | See Quarterly Balance Sheet

Amounts in USD ($)

Balance Sheet 2022-03-31 2021-12-31 2021-09-30 2021-06-30
Current Cash 0 0 0 0
Receivables 55,340,000 25,735,000 24,732,000 27,539,000
Inventory 0 0 0 0
Current Assets 1,195,280,000 1,302,862,000 1,214,365,000 1,334,756,000
Current Assets (Other) 13,192,000 17,609,000 15,630,000 14,589,000
Short Term Investments 1,060,587,000 1,200,350,000 1,110,471,000 1,243,029,000
Long-term Investments 16,740,000 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 140,606,000 160,486,000 164,435,000 168,946,000
Total Assets 1,212,020,000 1,302,862,000 1,214,365,000 1,334,756,000
Accounts Payable 0 0 0 0
Liabilities (Other) 0 0 0 0
Current Liabilities (Other) 793,301,000 878,778,000 796,859,000 912,730,000
Total Current Liabilities 952,369,000 1,024,046,000 931,859,000 1,047,708,000
Current Long-term Debt 159,068,000 145,268,000 135,000,000 134,978,000
Long-term Debt 0 0 0 0
Total Liabilities 956,035,000 1,026,997,000 934,551,000 1,050,431,000
Minority Interest 3,666,000 2,951,000 2,692,000 2,723,000
Common Stock 18,252,523 17,971,898 17,185,872 17,073,943
Retained Earnings -137,932,000 -158,483,000 -157,671,000 -146,719,000
Treasury Stock 0 0 0 0
Capital Surplus 0 0 0 0
Shareholder Equity 255,985,000 275,865,000 279,814,000 284,325,000

Income Statement | Quarterly

See Annual Income Statement | See Quarterly Income Statement

Amounts in USD ($)

Income Statement 2022-03-31 2021-12-31 2021-09-30 2021-06-30
Total Revenue 18,635,000 8,436,000 20,882,000 20,833,000
Cost of Revenue 3,193,000 10,542,000 0 0
Gross Profit 15,442,000 -2,106,000 20,882,000 20,833,000
Research and Development 0 0 0 0
Selling General and Admin 1,744,000 2,086,000 1,729,000 1,726,000
Operating Expense 32,230,000 -17,772,000 15,904,000 38,836,000
Operating Income -13,595,000 26,208,000 4,978,000 -18,003,000
Income Expense Net (Other) 46,199,000 -20,140,000 -8,983,000 4,560,000
EBIT 32,604,000 6,068,000 -4,005,000 -13,443,000
Interest Income 0 0 0 0
Pretax Income 32,604,000 6,068,000 -4,005,000 -13,443,000
Income Tax 3,875,000 -637,000 -215,000 -1,830,000
Minority Interest 633,000 130,000 -77,000 -240,000
Net Income 25,633,000 4,112,000 -6,175,000 -13,838,000
Net Income Basic 25,633,000 4,112,000 -6,175,000 -13,838,000

Cash Flow | Quarterly

See Annual Cash Flow | See Quarterly Cash Flow

Amounts in USD ($)

Cash Flow 2022-03-31 2021-12-31 2021-09-30 2021-06-30
Net Income 25,633,000 4,112,000 -6,175,000 -13,838,000
Depreciation 0 0 0 0
Changes in Receivables 55,340,000 25,735,000 24,732,000 27,539,000
Changes in Inventories 0 0 0 0
Cash Change 52,379,000 63,916,000 62,922,000 54,370,000
Cash Flow 13,763,000 5,975,000 13,876,000 15,288,000
Capital Expenditures 0 0 0 0
Investments 0 0 0 0
Investing Activity (Other) 0 0 0 0
Total Investing Cash Flows 57,610,000 -117,227,000 125,201,000 -23,610,000
Dividends Paid 0 0 0 0
Net Borrowings -901,519,000 -1,055,082,000 -975,471,000 -1,108,051,000
Cash Flow Financing -68,797,000 108,867,000 -124,103,000 -32,150,000
Financing Cash Flows (Other) 0 0 0 0
Exchange Rate Effect 0 0 0 0

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. 3.7
8 Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. 6.7
Rating AFFO & Efficiency Section Avg. Rating
Rating Leverage Section Avg. Rating
2 Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. 5.0
7 Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. 7.2
Rating Asset & Revenue Section Avg. Rating
0 Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. 7.7
1 Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. 7.0
Rating Properties Section Avg. Rating
Rating Market Cap Section Avg. Rating
5 Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. 4.0
2.5 Overall REITRating™ Score (See trend) 6.1

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.

Related REITs


REIT REITRating™ Score Exchange Market Capitalization Sector Country
Redwood Trust, Inc. (RWT) 3.8 NYSE Small-Cap Mortgage United States
MFA Mortgage Investments, Inc. (MFA) 3.8 NYSE Small-Cap Mortgage United States
Hannon Armstrong Sustainable Infrastructure Capital, Inc. (HASI) 7.0 NYSE Mid-Cap Mortgage United States
Chimera Investment Corporation (CIM) 4.6 NYSE Mid-Cap Mortgage United States

Last updated: 2022-08-09 - v3.4