Cherry Hill Mortgage Investment (NYSE:CHMI – Get Free Report) will release its earnings data after the market closes on Monday, May 6th. Analysts expect the company to announce earnings of $0.18 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.
Cherry Hill Mortgage Investment (NYSE:CHMI – Get Free Report) last issued its earnings results on Thursday, March 7th. The real estate investment trust reported $0.19 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.01). Cherry Hill Mortgage Investment had a negative net margin of 69.00% and a positive return on equity of 19.65%. The firm had revenue of $12.79 million during the quarter, compared to analyst estimates of $3.11 million. During the same quarter in the prior year, the business earned $0.24 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 NYSE:CHMI opened at $3.51 on Friday. Cherry Hill Mortgage Investment has a 52-week low of $2.77 and a 52-week high of $5.39. The business’s 50 day simple moving average is $3.47 and its two-hundred day simple moving average is $3.63. The firm has a market cap of $105.37 million, a P/E ratio of -2.06 and a beta of 1.45.
Cherry Hill Mortgage Investment Dividend Announcement
Analyst Ratings Changes
A number of analysts have commented on CHMI shares. StockNews.com upgraded shares of Cherry Hill Mortgage Investment from a “sell” rating to a “hold” rating in a research note on Friday, March 15th. B. Riley reiterated a “buy” rating and set a $5.00 price objective (down from $5.50) on shares of Cherry Hill Mortgage Investment in a report on Thursday, March 21st.
Read Our Latest Report on CHMI
About Cherry Hill Mortgage Investment
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.
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