Cherry Hill Mortgage Investment Key Executives
This section highlights Cherry Hill Mortgage Investment's key executives, including their titles and compensation details.
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Cherry Hill Mortgage Investment Earnings
This section highlights Cherry Hill Mortgage Investment's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
Next Earnings Date
Last Earnings Results
Earnings Call Transcripts
| Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
|---|---|---|---|---|---|
| Read Transcript | Q4 | 2024 | 2025-03-06 | $0.10 | $0.10 |
| Read Transcript | Q3 | 2024 | 2024-11-12 | $0.14 | $0.08 |
| Read Transcript | Q1 | 2024 | 2024-05-06 | $0.18 | $0.13 |
| Read Transcript | Q4 | 2023 | 2024-03-07 | $0.20 | $0.17 |
| Read Transcript | Q3 | 2023 | 2023-11-02 | $0.16 | $0.16 |
| Read Transcript | Q2 | 2023 | 2023-08-03 | $0.21 | $0.16 |
| Read Transcript | Q1 | 2023 | 2023-05-08 | $0.25 | $0.21 |
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 (residential mortgage-backed securities), Investments in Servicing Related Assets, and All Other segments. It manages a portfolio of servicing related assets and RMBS. Cherry Hill Mortgage Investment Corporation qualifies as a real estate investment trust for federal income tax purposes. The company 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.
$2.71
Stock Price
$85.70M
Market Cap
12
Employees
Farmingdale, NJ
Location
Financial Statements
Access annual & quarterly financial statements for Cherry Hill Mortgage Investment, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Revenue | $34.58M | $-9.95M | $40.19M | $28.14M | $-57.32M |
| Cost of Revenue | $1.57M | $11.25M | $11.84M | $13.62M | $57.32M |
| Gross Profit | $33.00M | $-21.20M | $28.36M | $14.51M | $-114.65M |
| Gross Profit Ratio | 95.45% | 213.00% | 70.55% | 51.58% | 200.00% |
| Research and Development Expenses | $- | $- | $-2 | $0 | $-1 |
| General and Administrative Expenses | $10.65M | $13.73M | $6.30M | $14.83M | $14.66M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $10.65M | $13.73M | $6.30M | $14.83M | $14.66M |
| Other Expenses | $- | $- | $6.63M | $-29.90M | $-28.34M |
| Operating Expenses | $10.65M | $13.73M | $12.93M | $-15.07M | $-13.68M |
| Cost and Expenses | $12.23M | $24.98M | $12.93M | $-15.07M | $-13.68M |
| Interest Income | $55.80M | $49.98M | $29.64M | $14.96M | $49.02M |
| Interest Expense | $55.77M | $51.64M | $17.56M | $5.77M | $16.32M |
| Depreciation and Amortization | $- | $25.74M | $-60.07M | $41.26M | $132.00M |
| EBITDA | $-240.00K | $-9.19M | $-450.00K | $13.06M | $979.00K |
| EBITDA Ratio | -0.69% | 92.34% | -1.12% | 46.43% | -1.71% |
| Operating Income | $-240.00K | $-34.93M | $44.82M | $13.06M | $-71.00M |
| Operating Income Ratio | -0.69% | 350.93% | 111.52% | 46.43% | 123.86% |
| Total Other Income Expenses Net | $16.55M | $- | $- | $247.00K | $-979.00K |
| Income Before Tax | $16.31M | $-34.93M | $27.26M | $13.31M | $-71.98M |
| Income Before Tax Ratio | 47.18% | 350.93% | 67.82% | 47.31% | 125.57% |
| Income Tax Expense | $4.10M | $523.00K | $5.07M | $781.00K | $-18.76M |
| Net Income | $11.97M | $-34.79M | $21.74M | $12.28M | $-53.22M |
| Net Income Ratio | 34.62% | 349.55% | 54.09% | 43.65% | 92.84% |
| EPS | $0.72 | $-1.70 | $1.10 | $0.71 | $-3.15 |
| EPS Diluted | $0.72 | $-1.70 | $1.10 | $0.71 | $-3.15 |
| Weighted Average Shares Outstanding | 30.44M | 26.26M | 19.77M | 17.32M | 16.90M |
| Weighted Average Shares Outstanding Diluted | 30.44M | 26.29M | 19.80M | 17.35M | 16.90M |
| SEC Filing | Source | Source | Source | Source | Source |
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $18.73M | $-7.08M | $6.58M | $16.35M | $17.94M | $20.53M | $5.90M | $-16.74M | $-31.14M | $46.12M | $-10.93M | $36.14M | $9.59M | $2.97M | $-9.77M | $28.09M | $10.88M | $634.00K | $-12.57M | $-56.55M |
| Cost of Revenue | $- | $- | $3.46M | $2.63M | $3.15M | $2.87M | $2.46M | $16.74M | $42.07M | $2.73M | $2.62M | $3.19M | $3.39M | $3.29M | $4.07M | $3.08M | $4.94M | $5.27M | $6.59M | $5.84M |
| Gross Profit | $18.73M | $-7.08M | $3.12M | $13.71M | $14.79M | $17.66M | $3.44M | $-33.48M | $-73.21M | $43.40M | $-13.54M | $32.95M | $6.20M | $-317.00K | $-13.84M | $25.01M | $5.94M | $-4.63M | $-19.16M | $-62.39M |
| Gross Profit Ratio | 100.00% | 100.00% | 47.48% | 83.89% | 82.44% | 86.02% | 58.25% | 200.00% | 235.09% | 94.09% | 123.93% | 91.17% | 64.65% | -10.67% | 141.69% | 89.03% | 54.59% | -730.60% | 152.47% | 110.33% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $9.64M | $3.41M | $3.37M | $1.84M | $8.59M | $1.63M | $2.00M | $1.52M | $1.59M | $1.48M | $3.11M | $3.54M | $3.52M | $3.69M | $3.67M | $3.40M | $3.05M | $3.49M | $3.39M | $4.72M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $9.64M | $3.41M | $3.37M | $1.84M | $8.59M | $1.63M | $2.00M | $1.52M | $1.59M | $1.48M | $3.11M | $3.54M | $3.52M | $3.69M | $3.67M | $3.40M | $3.05M | $3.49M | $3.39M | $4.72M |
| Other Expenses | $9.09M | $-10.49M | $- | $-2.84M | $-35.98M | $-3.20M | $-9.49M | $-24.31M | $16.38M | $- | $20.65M | $- | $- | $- | $-20.63M | $11.00M | $- | $- | $- | $- |
| Operating Expenses | $18.73M | $-7.08M | $3.37M | $1.84M | $35.98M | $1.63M | $2.00M | $1.52M | $12.93M | $3.10M | $3.11M | $3.54M | $4.06M | $3.69M | $3.67M | $3.40M | $3.05M | $3.49M | $3.39M | $4.72M |
| Cost and Expenses | $18.73M | $-7.08M | $19.38M | $1.84M | $39.13M | $1.63M | $2.00M | $1.52M | $12.93M | $5.83M | $3.11M | $3.54M | $4.06M | $3.69M | $3.67M | $3.40M | $3.05M | $3.49M | $3.39M | $4.72M |
| Interest Income | $15.05M | $14.33M | $13.68M | $12.74M | $12.79M | $12.86M | $12.53M | $11.79M | $9.91M | $8.21M | $6.00M | $5.52M | $4.53M | $7.04M | $7.08M | $5.99M | $8.64M | $- | $10.13M | $20.25M |
| Interest Expense | $14.39M | $14.22M | $13.51M | $13.65M | $13.18M | $13.34M | $13.17M | $11.96M | $8.54M | $4.88M | $2.50M | $1.64M | $1.53M | $646.00K | $449.00K | $112.00K | $619.00K | $- | $3.42M | $12.29M |
| Depreciation and Amortization | $- | $- | $14.98M | $-12.76M | $34.37M | $-17.16M | $-2.21M | $19.94M | $34.33M | $-43.02M | $14.04M | $-32.60M | $-6.07M | $4.00M | $13.44M | $-24.69M | $-7.83M | $2.88M | $15.96M | $60.99M |
| EBITDA | $- | $246.00K | $14.96M | $- | $- | $-306.00K | $13.17M | $377.00K | $- | $-866.00K | $2.50M | $-633.00K | $-247.00K | $665.00K | $420.00K | $-434.00K | $- | $113.00K | $3.97M | $11.96M |
| EBITDA Ratio | 0.00% | -3.48% | 227.36% | 0.00% | 0.00% | -1.49% | 223.11% | -2.25% | 0.00% | -1.88% | -22.90% | -1.75% | -2.58% | 22.39% | -4.30% | -1.54% | 0.00% | 17.82% | -31.61% | -21.15% |
| Operating Income | $-57.31M | $246.00K | $-19.00K | $-235.00K | $-21.19M | $-306.00K | $-37.00K | $-7.99M | $-24.63M | $43.02M | $-11.54M | $34.24M | $10.63M | $77.00K | $240.00K | $-434.00K | $979.00K | $-2.87M | $-12.36M | $-48.15M |
| Operating Income Ratio | -306.08% | -3.48% | -0.29% | -1.44% | -118.14% | -1.49% | -0.63% | 47.71% | 79.10% | 93.28% | 105.59% | 94.75% | 110.83% | 2.59% | -2.46% | -1.54% | 9.00% | -452.05% | 98.32% | 85.14% |
| Total Other Income Expenses Net | $71.58M | $-12.40M | $4.90M | $- | $- | $- | $2.25M | $-20.32M | $- | $- | $-2.50M | $- | $- | $- | $- | $- | $- | $18.00K | $- | $-282.00K |
| Income Before Tax | $14.26M | $-12.16M | $1.45M | $12.76M | $-34.37M | $17.16M | $2.21M | $-19.94M | $-34.33M | $43.02M | $-14.04M | $32.60M | $6.07M | $-4.00M | $-13.44M | $24.69M | $7.83M | $-2.86M | $-15.96M | $-61.27M |
| Income Before Tax Ratio | 76.18% | 171.81% | 22.01% | 78.05% | -191.57% | 83.60% | 37.50% | 119.14% | 110.22% | 93.28% | 128.49% | 90.21% | 63.27% | -134.85% | 137.62% | 87.89% | 71.95% | -450.79% | 127.01% | 108.35% |
| Income Tax Expense | $2.45M | $285.00K | $664.00K | $703.00K | $-721.00K | $6.80M | $587.00K | $-619.00K | $-1.57M | $1.34M | $1.42M | $3.88M | $-637.00K | $-215.00K | $-1.83M | $3.46M | $-1.22M | $-2.12M | $-5.84M | $-16.51M |
| Net Income | $11.58M | $-12.20M | $765.00K | $11.82M | $-33.02M | $10.36M | $1.59M | $-19.32M | $-32.75M | $38.35M | $-15.46M | $25.63M | $6.58M | $-3.71M | $-11.37M | $18.33M | $8.88M | $-732.00K | $-9.94M | $-43.93M |
| Net Income Ratio | 61.85% | 172.36% | 11.63% | 72.31% | -184.05% | 50.45% | 26.92% | 115.44% | 105.18% | 83.15% | 141.51% | 70.92% | 68.56% | -125.02% | 116.43% | 65.25% | 81.59% | -115.46% | 79.13% | 77.68% |
| EPS | $0.29 | $-0.49 | $-0.06 | $0.32 | $-1.10 | $0.38 | $0.06 | $-0.78 | $-1.51 | $1.91 | $-0.81 | $1.40 | $0.37 | $-0.22 | $-0.67 | $1.07 | $0.52 | $-0.04 | $-0.59 | $-2.64 |
| EPS Diluted | $0.29 | $-0.49 | $-0.06 | $0.32 | $-1.10 | $0.38 | $0.06 | $-0.78 | $-1.51 | $1.90 | $-0.81 | $1.40 | $0.37 | $-0.22 | $-0.67 | $1.07 | $0.52 | $-0.04 | $-0.59 | $-2.64 |
| Weighted Average Shares Outstanding | 31.57M | 30.22M | 29.98M | 29.98M | 30.02M | 26.94M | 26.01M | 24.66M | 21.65M | 20.12M | 19.01M | 18.25M | 17.96M | 17.19M | 17.07M | 17.07M | 17.05M | 17.05M | 16.88M | 16.61M |
| Weighted Average Shares Outstanding Diluted | 31.58M | 30.22M | 30.03M | 30.02M | 30.02M | 26.98M | 26.01M | 24.66M | 21.65M | 20.16M | 19.03M | 18.27M | 17.98M | 17.21M | 17.10M | 17.09M | 17.08M | 17.08M | 16.90M | 16.62M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | $46.31M | $52.89M | $57.32M | $63.92M | $83.89M |
| Short Term Investments | $- | $19.50M | $116.26M | $953.50M | $1.23B |
| Cash and Short Term Investments | $46.31M | $72.39M | $337.06M | $1.02B | $1.31B |
| Net Receivables | $9.57M | $7.92M | $55.93M | $5.12M | $44.39M |
| Inventory | $- | $- | $130.45M | $120.12M | $174.85M |
| Other Current Assets | $- | $15.46M | $139.88M | $63.72M | $- |
| Total Current Assets | $46.31M | $95.77M | $386.86M | $1.06B | $1.36B |
| Property Plant Equipment Net | $- | $- | $-179.02M | $-1.30B | $-1.59B |
| Goodwill | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $253.63M | $279.74M | $218.73M | $174.41M |
| Goodwill and Intangible Assets | $- | $253.63M | $279.74M | $218.73M | $174.41M |
| Long Term Investments | $- | $1.29B | $116.26M | $1.17B | $1.40B |
| Tax Assets | $- | $- | $15.54M | $1.30B | $1.59B |
| Other Non-Current Assets | $- | $-1.54B | $-116.26M | $-218.73M | $-174.41M |
| Total Non-Current Assets | $- | $2.53B | $116.26M | $1.17B | $1.40B |
| Other Assets | $1.44B | $-1.23B | $905.70M | $-930.12M | $-1.17B |
| Total Assets | $1.49B | $1.39B | $1.41B | $1.30B | $1.59B |
| Account Payables | $- | $6.00M | $4.51M | $996.00K | $1.01M |
| Short Term Debt | $151.23M | $984.61M | $- | $- | $- |
| Tax Payables | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $- | $-144.27M | $-110.37M |
| Other Current Liabilities | $- | $22.57M | $179.38M | $-996.00K | $-1.01M |
| Total Current Liabilities | $151.23M | $1.01B | $183.89M | $996.00K | $1.01M |
| Long Term Debt | $- | $104.81M | $- | $145.27M | $111.38M |
| Deferred Revenue Non-Current | $- | $- | $1.14B | $1.02B | $1.28B |
| Deferred Tax Liabilities Non-Current | $- | $- | $-1.14B | $-878.78M | $-1.17B |
| Other Non-Current Liabilities | $1.11B | $- | $114.76M | $-145.27M | $-111.38M |
| Total Non-Current Liabilities | $1.11B | $104.81M | $959.42M | $145.27M | $111.38M |
| Other Liabilities | $- | $16.62M | $- | $877.78M | $1.17B |
| Total Liabilities | $1.26B | $1.13B | $1.14B | $1.02B | $1.28B |
| Preferred Stock | $67.31M | $115.38M | $115.38M | $115.38M | $115.38M |
| Common Stock | $322.00K | $305.00K | $239.00K | $187.00K | $175.00K |
| Retained Earnings | $-249.64M | $-233.16M | $-168.99M | $-158.48M | $-141.98M |
| Accumulated Other Comprehensive Income Loss | $-7.27M | $-2.54M | $-29.10M | $7.53M | $35.59M |
| Other Total Stockholders Equity | $419.62M | $375.50M | $344.51M | $311.25M | $301.00M |
| Total Stockholders Equity | $230.34M | $255.48M | $262.04M | $275.87M | $310.17M |
| Total Equity | $233.62M | $258.38M | $265.52M | $278.82M | $312.57M |
| Total Liabilities and Stockholders Equity | $1.49B | $1.39B | $1.41B | $1.30B | $1.59B |
| Minority Interest | $3.28M | $2.90M | $3.48M | $2.95M | $2.40M |
| Total Liabilities and Total Equity | $1.49B | $1.39B | $1.41B | $1.30B | $1.59B |
| Total Investments | $- | $1.29B | $396.00M | $2.13B | $2.63B |
| Total Debt | $151.23M | $1.10B | $183.89M | $145.27M | $111.38M |
| Net Debt | $104.91M | $1.05B | $126.57M | $81.35M | $27.49M |
Balance Sheet Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $46.31M | $50.15M | $52.42M | $47.52M | $69.33M | $44.73M | $53.02M | $54.56M | $57.32M | $42.74M | $61.54M | $52.38M | $63.92M | $62.92M | $54.37M | $61.94M | $83.89M | $95.16M | $94.47M | $102.20M |
| Short Term Investments | $- | $- | $- | $20.00M | $19.50M | $37.85M | $39.98M | $38.52M | $116.26M | $868.03M | $728.83M | $774.11M | $953.50M | $865.90M | $998.80M | $1.01B | $1.23B | $1.49B | $1.55B | $1.60B |
| Cash and Short Term Investments | $46.31M | $50.15M | $52.42M | $47.52M | $69.33M | $44.73M | $53.02M | $54.56M | $337.06M | $102.21M | $790.37M | $826.49M | $1.02B | $928.83M | $1.05B | $1.08B | $1.31B | $1.58B | $1.64B | $1.70B |
| Net Receivables | $9.57M | $8.91M | $12.13M | $- | $7.92M | $- | $- | $- | $55.93M | $79.53M | $100.89M | $85.27M | $5.12M | $40.36M | $42.13M | $59.91M | $44.39M | $36.52M | $- | $142.28M |
| Inventory | $- | $- | $- | $68.84M | $- | $79.25M | $68.90M | $79.95M | $130.45M | $-139.00M | $-627.21M | $-661.87M | $-897.29M | $-809.30M | $-946.85M | $-911.62M | $-1.40B | $-1.65B | $-1.73B | $-1.88B |
| Other Current Assets | $-9.57M | $- | $9.32M | $57.81M | $74.78M | $8.82M | $7.99M | $10.58M | $139.88M | $- | $- | $- | $17.61M | $- | $- | $- | $- | $- | $- | $- |
| Total Current Assets | $46.31M | $59.06M | $73.87M | $47.52M | $112.21M | $44.73M | $53.02M | $54.56M | $386.86M | $204.74M | $100.89M | $85.27M | $43.34M | $40.36M | $42.13M | $59.91M | $44.39M | $36.52M | $61.50M | $142.28M |
| Property Plant Equipment Net | $- | $- | $- | $1.08B | $1.03B | $-242.93M | $-240.50M | $-248.59M | $-179.02M | $- | $-278.89M | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Goodwill | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $250.38M | $253.63M | $266.47M | $264.91M | $270.94M | $279.74M | $279.02M | $263.58M | $246.10M | $218.73M | $210.82M | $212.00M | $217.17M | $174.41M | $162.57M | $177.26M | $222.64M |
| Goodwill and Intangible Assets | $- | $- | $- | $250.38M | $253.63M | $266.47M | $264.91M | $270.94M | $279.74M | $279.02M | $263.58M | $246.10M | $218.73M | $210.82M | $212.00M | $217.17M | $174.41M | $162.57M | $177.26M | $222.64M |
| Long Term Investments | $- | $- | $- | $1.32B | $1.29B | $37.85M | $39.98M | $38.52M | $116.26M | $279.02M | $992.40M | $1.02B | $1.17B | $1.08B | $1.21B | $1.23B | $1.40B | $1.65B | $1.73B | $1.82B |
| Tax Assets | $- | $- | $13.75M | $14.32M | $15.02M | $14.30M | $15.58M | $16.16M | $15.54M | $- | $15.32M | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Assets | $- | $- | $-13.75M | $-1.33B | $-1.30B | $-37.85M | $-39.98M | $-38.52M | $-116.26M | $602.99M | $207.01M | $-54.30M | $-88.09M | $-73.18M | $-88.03M | $-38.11M | $16.41M | $19.49M | $45.50M | $92.55M |
| Total Non-Current Assets | $1.44B | $1.49B | $13.75M | $1.33B | $1.28B | $37.85M | $39.98M | $38.52M | $116.26M | $1.16B | $1.20B | $1.21B | $1.30B | $1.21B | $1.33B | $1.41B | $1.59B | $1.83B | $1.95B | $2.14B |
| Other Assets | $1.49B | $1.50B | $1.33B | $27.06M | $- | $1.34B | $1.35B | $1.39B | $905.70M | $- | $-100.89M | $-85.27M | $-43.34M | $-40.36M | $-42.13M | $-59.91M | $-44.39M | $-36.52M | $-61.50M | $-142.28M |
| Total Assets | $1.49B | $1.55B | $1.42B | $1.41B | $1.39B | $1.43B | $1.44B | $1.48B | $1.41B | $1.37B | $1.20B | $1.21B | $1.30B | $1.21B | $1.33B | $1.41B | $1.59B | $1.83B | $1.95B | $2.14B |
| Account Payables | $- | $- | $- | $4.93M | $6.00M | $4.71M | $5.07M | $6.27M | $4.51M | $1.17M | $742.00K | $1.04M | $996.00K | $855.00K | $723.00K | $738.00K | $1.01M | $1.10M | $1.76M | $- |
| Short Term Debt | $- | $- | $- | $166.39M | $997.54M | $172.01M | $174.97M | $177.93M | $- | $893.81M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $171.78M |
| Tax Payables | $- | $- | $95.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $- | $- | $991.54M | $- | $- | $- | $- | $-2.43M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Current Liabilities | $- | $37.02M | $-95.00K | $-171.32M | $-834.23M | $-4.71M | $-5.07M | $-6.27M | $179.38M | $42.64M | $-742.00K | $-1.04M | $-996.00K | $-855.00K | $-723.00K | $-738.00K | $-1.01M | $-1.10M | $-1.76M | $-171.78M |
| Total Current Liabilities | $- | $37.02M | $175.68M | $166.39M | $997.54M | $172.01M | $174.97M | $177.93M | $183.89M | $937.62M | $1.72M | $1.04M | $996.00K | $855.00K | $723.00K | $738.00K | $1.01M | $1.10M | $1.76M | $171.78M |
| Long Term Debt | $151.23M | $150.85M | $- | $166.39M | $104.81M | $172.01M | $- | $- | $- | $177.35M | $178.31M | $159.07M | $145.27M | $135.00M | $134.98M | $116.93M | $111.38M | $114.33M | $131.78M | $171.78M |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $-151.23M | $1.16B | $- | $-166.39M | $860.49M | $-64.50M | $170.09M | $108.97M | $114.76M | $760.27M | $-178.31M | $-159.07M | $-145.27M | $-135.00M | $-134.98M | $-116.93M | $-111.38M | $-114.33M | $-131.78M | $-171.78M |
| Total Non-Current Liabilities | $- | $1.31B | $1.18B | $989.39M | $137.07M | $997.96M | $1.00B | $1.04B | $959.42M | $177.35M | $944.33M | $952.37M | $1.02B | $931.86M | $1.05B | $1.10B | $1.28B | $1.51B | $1.60B | $1.79B |
| Other Liabilities | $1.26B | $-37.02M | $-175.68M | $- | $- | $- | $- | $- | $- | $- | $-1.72M | $-1.04M | $-996.00K | $-855.00K | $-723.00K | $-738.00K | $-1.01M | $-1.10M | $-1.76M | $-171.78M |
| Total Liabilities | $1.26B | $1.31B | $1.18B | $1.16B | $1.13B | $1.17B | $1.18B | $1.21B | $1.14B | $1.11B | $944.33M | $952.37M | $1.02B | $931.86M | $1.05B | $1.10B | $1.28B | $1.51B | $1.60B | $1.79B |
| Preferred Stock | $105.86M | $105.86M | $105.86M | $108.24M | $115.38M | $115.38M | $115.38M | $115.38M | $115.38M | $115.38M | $115.38M | $115.38M | $115.38M | $115.38M | $115.38M | $115.38M | $115.38M | $115.28M | $115.28M | $115.28M |
| Common Stock | $322.00K | $322.00K | $307.00K | $305.00K | $305.00K | $274.00K | $274.00K | $261.00K | $239.00K | $214.00K | $201.00K | $192.00K | $187.00K | $181.00K | $175.00K | $175.00K | $175.00K | $175.00K | $175.00K | $170.00K |
| Retained Earnings | $-249.64M | $-253.94M | $-234.38M | $-228.00M | $-233.16M | $-193.17M | $-202.24M | $-197.32M | $-168.99M | $-128.12M | $-160.80M | $-137.93M | $-158.48M | $-157.67M | $-146.72M | $-128.26M | $-141.98M | $-143.78M | $-117.38M | $-100.36M |
| Accumulated Other Comprehensive Income Loss | $-7.27M | $3.52M | $-12.88M | $-9.14M | $-2.54M | $-32.07M | $-17.59M | $-14.46M | $-29.10M | $-70.76M | $-24.17M | $-37.01M | $7.53M | $15.80M | $14.24M | $16.25M | $35.59M | $47.46M | $49.57M | $33.78M |
| Other Total Stockholders Equity | $381.07M | $380.91M | $375.61M | $375.55M | $375.50M | $363.66M | $363.61M | $357.18M | $344.51M | $329.91M | $321.16M | $315.35M | $311.25M | $306.12M | $301.25M | $301.20M | $301.00M | $300.94M | $300.91M | $297.56M |
| Total Stockholders Equity | $230.34M | $236.68M | $234.53M | $246.96M | $255.48M | $254.07M | $259.44M | $261.03M | $262.04M | $246.62M | $251.77M | $255.99M | $275.87M | $279.81M | $284.32M | $304.74M | $310.17M | $320.08M | $348.56M | $346.43M |
| Total Equity | $233.62M | $239.70M | $237.75M | $250.14M | $258.38M | $257.56M | $262.57M | $264.14M | $265.52M | $250.80M | $255.08M | $259.65M | $278.82M | $282.51M | $287.05M | $307.58M | $312.57M | $322.19M | $350.83M | $348.64M |
| Total Liabilities and Stockholders Equity | $1.49B | $1.55B | $1.42B | $1.41B | $1.39B | $1.43B | $1.44B | $1.48B | $1.41B | $1.37B | $1.20B | $1.21B | $1.30B | $1.21B | $1.33B | $1.41B | $1.59B | $1.83B | $1.95B | $2.14B |
| Minority Interest | $3.28M | $3.02M | $3.23M | $3.18M | $2.90M | $3.48M | $3.13M | $3.11M | $3.48M | $4.18M | $3.31M | $3.67M | $2.95M | $2.69M | $2.72M | $2.84M | $2.40M | $2.11M | $2.28M | $2.21M |
| Total Liabilities and Total Equity | $1.49B | $1.55B | $1.42B | $1.41B | $1.39B | $1.43B | $1.44B | $1.48B | $1.41B | $1.37B | $1.20B | $1.21B | $1.30B | $1.21B | $1.33B | $1.41B | $1.59B | $1.83B | $1.95B | $2.14B |
| Total Investments | $- | $- | $- | $1.32B | $1.29B | $75.69M | $79.96M | $77.04M | $396.00M | $125.31M | $1.72B | $1.79B | $2.13B | $1.94B | $2.21B | $2.25B | $2.63B | $3.13B | $3.27B | $3.42B |
| Total Debt | $151.23M | $150.85M | $159.47M | $166.39M | $1.10B | $172.01M | $174.97M | $177.93M | $183.89M | $177.35M | $178.31M | $159.07M | $145.27M | $135.00M | $134.98M | $116.93M | $111.38M | $114.33M | $131.78M | $171.78M |
| Net Debt | $104.91M | $100.70M | $107.05M | $118.87M | $1.03B | $127.28M | $121.95M | $123.37M | $126.57M | $134.61M | $116.77M | $106.69M | $81.35M | $72.08M | $80.61M | $54.99M | $27.49M | $19.17M | $37.31M | $69.58M |
Annual Cash Flow
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Net Income | $12.21M | $-34.79M | $22.19M | $12.53M | $-53.22M |
| Depreciation and Amortization | $- | $-1.64M | $613.00K | $16.24M | $16.24M |
| Deferred Income Tax | $- | $- | $-496.00K | $-900.00K | $-1.01M |
| Stock Based Compensation | $- | $- | $705.00K | $900.00K | $1.01M |
| Change in Working Capital | $-16.24M | $15.56M | $23.02M | $-708.00K | $-30.01M |
| Accounts Receivables | $- | $- | $- | $- | $- |
| Inventory | $- | $- | $- | $- | $- |
| Accounts Payables | $- | $- | $- | $- | $-5.82M |
| Other Working Capital | $-16.24M | $15.56M | $23.02M | $-708.00K | $-24.19M |
| Other Non Cash Items | $-660.00K | $61.53M | $14.10M | $19.94M | $128.18M |
| Net Cash Provided by Operating Activities | $-4.69M | $40.66M | $59.91M | $48.01M | $61.20M |
| Investments in Property Plant and Equipment | $- | $- | $-38.04M | $-55.38M | $-52.96M |
| Acquisitions Net | $- | $- | $128.20M | $55.38M | $52.96M |
| Purchases of Investments | $- | $-761.95M | $-1.11B | $-595.44M | $-984.44M |
| Sales Maturities of Investments | $- | $654.16M | $1.02B | $817.34M | $2.28B |
| Other Investing Activities | $-141.33M | $3.73M | $-128.20M | $-55.38M | $-37.13M |
| Net Cash Used for Investing Activities | $-141.33M | $-104.05M | $-128.20M | $166.52M | $1.26B |
| Debt Repayment | $-18.40M | $-14.76M | $38.50M | $33.70M | $-56.00M |
| Common Stock Issued | $5.59M | $31.05M | $33.31M | $10.27M | $3.57M |
| Common Stock Repurchased | $- | $- | $- | $- | $-1.75M |
| Dividends Paid | $-28.17M | $-31.21M | $-30.82M | $-28.45M | $-32.33M |
| Other Financing Activities | $188.44M | $82.08M | $16.08M | $-283.49M | $-1.20B |
| Net Cash Used Provided by Financing Activities | $147.46M | $67.17M | $57.07M | $-267.97M | $-1.28B |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- |
| Net Change in Cash | $1.43M | $3.77M | $-11.22M | $-53.44M | $38.51M |
| Cash at End of Period | $70.76M | $69.33M | $65.55M | $76.78M | $130.22M |
| Cash at Beginning of Period | $69.33M | $65.55M | $76.78M | $130.22M | $91.71M |
| Operating Cash Flow | $-4.69M | $40.66M | $59.91M | $48.01M | $61.20M |
| Capital Expenditure | $- | $- | $-38.04M | $-55.38M | $-52.96M |
| Free Cash Flow | $-4.69M | $40.66M | $21.88M | $-7.37M | $8.24M |
Cash Flow Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $11.81M | $-12.44M | $765.00K | $12.06M | $-33.02M | $15.88M | $1.63M | $-19.32M | $-32.75M | $41.68M | $-15.46M | $28.73M | $6.71M | $-3.79M | $-11.61M | $21.23M | $9.04M | $-7.38M | $-10.12M | $-44.76M |
| Depreciation and Amortization | $- | $- | $- | $-569.00K | $10.45M | $-11.59M | $-152.00K | $-340.00K | $613.00K | $- | $- | $1.21M | $13.70M | $- | $- | $5.04M | $16.24M | $- | $- | $4.23M |
| Deferred Income Tax | $- | $- | $- | $- | $-114.94K | $-169.06K | $468.00K | $-184.00K | $48.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Stock Based Compensation | $- | $-176.00K | $- | $176.00K | $168.82K | $169.06K | $152.00K | $184.00K | $161.00K | $162.00K | $162.00K | $225.00K | $63.00K | $212.00K | $333.00K | $294.00K | $204.00K | $237.00K | $359.00K | $264.00K |
| Change in Working Capital | $4.11M | $1.94M | $1.38M | $-23.66M | $12.40M | $12.30M | $-4.65M | $-4.49M | $5.22M | $5.97M | $5.83M | $5.99M | $-2.58M | $486.00K | $581.00K | $801.00K | $-9.14M | $9.42M | $-17.18M | $-13.11M |
| Accounts Receivables | $-1.72M | $2.62M | $952.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Inventory | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Accounts Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $3.03M | $-794.00K | $-892.00K | $-1.34M | $-987.00K | $-1.81M | $-1.51M | $-1.51M |
| Other Working Capital | $5.83M | $-682.00K | $427.00K | $-23.66M | $12.40M | $12.30M | $-4.65M | $-4.49M | $5.22M | $5.97M | $5.83M | $5.99M | $-5.60M | $1.28M | $1.47M | $2.14M | $-8.15M | $11.23M | $-15.67M | $-11.60M |
| Other Non Cash Items | $-9.99M | $15.05M | $1.92M | $3.38M | $39.05M | $617.00K | $3.75M | $27.80M | $42.11M | $-2.18M | $25.20M | $-22.17M | $-11.86M | $17.18M | $26.32M | $-14.21M | $-7.52M | $20.68M | $33.47M | $77.32M |
| Net Cash Provided by Operating Activities | $5.93M | $4.37M | $4.06M | $-19.05M | $18.60M | $17.22M | $1.20M | $3.65M | $15.19M | $15.22M | $15.73M | $13.76M | $5.97M | $13.88M | $15.29M | $12.87M | $8.63M | $22.73M | $6.16M | $23.68M |
| Investments in Property Plant and Equipment | $- | $- | $- | $-9.00K | $- | $- | $- | $- | $-7.92M | $-13.15M | $-11.32M | $-5.64M | $-13.02M | $-6.74M | $-15.32M | $-20.30M | $-21.90M | $-6.28M | $- | $-25.38M |
| Acquisitions Net | $- | $- | $- | $- | $- | $- | $- | $- | $128.20M | $- | $-1.42M | $-57.61M | $-208.88M | $6.74M | $15.32M | $20.30M | $21.90M | $6.28M | $- | $25.38M |
| Purchases of Investments | $-70.85M | $154.01M | $-88.25M | $-72.50M | $-134.24M | $-160.25M | $-226.94M | $-252.81M | $-233.33M | $-303.03M | $-349.77M | $-221.82M | $-206.10M | $-42.61M | $-322.84M | $-23.89M | $-161.44M | $-241.64M | $-228.16M | $-353.19M |
| Sales Maturities of Investments | $97.25M | $-88.83M | $58.32M | $16.96M | $195.98M | $159.22M | $221.06M | $95.42M | $250.10M | $84.33M | $398.27M | $285.08M | $101.89M | $174.55M | $314.55M | $226.35M | $402.45M | $278.30M | $421.56M | $1.18B |
| Other Investing Activities | $- | $-162.13M | $14.69M | $-55.55M | $-1.66M | $11.00K | $25.00K | $129.00K | $-128.20M | $-231.85M | $1.42M | $57.61M | $208.88M | $-6.74M | $-15.32M | $-20.30M | $-21.90M | $-6.28M | $16.43M | $-25.38M |
| Net Cash Used for Investing Activities | $26.40M | $-96.95M | $-15.23M | $-55.55M | $60.09M | $-1.02M | $-5.86M | $-157.25M | $8.86M | $-231.85M | $37.18M | $57.61M | $-117.23M | $125.20M | $-23.61M | $182.16M | $219.11M | $30.38M | $209.83M | $800.38M |
| Debt Repayment | $300.00K | $-8.70M | $22.76M | $58.52M | $-2.76M | $-3.00M | $-3.00M | $159.66M | $6.50M | $182.24M | $19.20M | $13.80M | $10.20M | $-119.63M | $-18.95M | $5.50M | $-3.00M | $-17.50M | $-40.20M | $4.70M |
| Common Stock Issued | $155.00K | $5.32M | $68.00K | $48.00K | $11.87M | $52.00K | $6.44M | $12.69M | $14.62M | $8.77M | $5.81M | $4.10M | $5.14M | $4.88M | $52.00K | $200.00K | $1.80M | $37.00K | $3.36M | $124.00K |
| Common Stock Repurchased | $- | $- | $-2.45M | $-6.99M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $-1.75M | $- | $- | $-1.75M |
| Dividends Paid | $-7.33M | $-7.06M | $-6.81M | $-6.96M | $-6.51M | $-6.51M | $-9.39M | $-8.81M | $-8.13M | $-7.76M | $-7.53M | $-7.39M | $-7.06M | $-7.24M | $-7.09M | $-7.07M | $-9.12M | $-7.07M | $-7.07M | $-9.07M |
| Other Financing Activities | $-9.34M | $99.14M | $938.00K | $6.42M | $-82.38M | $2.78M | $2.15M | $-6.12M | $-37.23M | $21.54M | $-72.17M | $-79.31M | $100.58M | $-2.27M | $-6.17M | $-226.27M | $-215.48M | $-28.43M | $-180.25M | $-773.76M |
| Net Cash Used Provided by Financing Activities | $-16.22M | $88.70M | $16.95M | $58.03M | $-79.79M | $-6.67M | $-3.79M | $157.42M | $-24.24M | $204.78M | $-54.68M | $-68.80M | $108.87M | $-124.10M | $-32.15M | $-220.58M | $-227.39M | $-52.97M | $-224.17M | $-779.75M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $-1.24M | $-7.68M | $8.93M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $1.00K | $-1.00K | $- |
| Net Change in Cash | $16.11M | $-3.88M | $5.78M | $-16.57M | $-1.10M | $9.52M | $-8.46M | $3.81M | $-189.00K | $-11.84M | $-1.77M | $2.58M | $-2.38M | $14.97M | $-40.47M | $-25.56M | $2.24M | $136.00K | $-8.17M | $44.31M |
| Cash at End of Period | $70.76M | $54.65M | $58.54M | $52.76M | $69.33M | $70.43M | $60.91M | $69.37M | $65.55M | $65.74M | $77.59M | $79.35M | $76.78M | $79.16M | $64.19M | $104.66M | $130.22M | $127.98M | $127.84M | $136.02M |
| Cash at Beginning of Period | $54.65M | $58.54M | $52.76M | $69.33M | $70.43M | $60.91M | $69.37M | $65.55M | $65.74M | $77.59M | $79.35M | $76.78M | $79.16M | $64.19M | $104.66M | $130.22M | $127.98M | $127.84M | $136.02M | $91.71M |
| Operating Cash Flow | $5.93M | $4.37M | $4.06M | $-19.05M | $18.60M | $17.22M | $1.20M | $3.65M | $15.19M | $15.22M | $15.73M | $13.76M | $5.97M | $13.88M | $15.29M | $12.87M | $8.63M | $22.73M | $6.16M | $23.68M |
| Capital Expenditure | $- | $9.00K | $- | $-9.00K | $- | $- | $- | $- | $-7.92M | $-13.15M | $-11.32M | $-5.64M | $-13.02M | $-6.74M | $-15.32M | $-20.30M | $-21.90M | $-6.28M | $- | $-25.38M |
| Free Cash Flow | $5.93M | $4.38M | $4.06M | $-19.06M | $18.60M | $17.22M | $1.20M | $3.65M | $7.28M | $2.07M | $4.41M | $8.12M | $-7.04M | $7.14M | $-34.00K | $-7.43M | $-13.27M | $16.45M | $6.16M | $-1.71M |
Cherry Hill Mortgage Investment Dividends
Explore Cherry Hill Mortgage Investment's dividend history, including dividend yield, payout ratio, and historical payments.
Dividend Yield
35.05%
Dividend Payout Ratio
235.32%
Dividend Paid & Capex Coverage Ratio
-0.17x
Cherry Hill Mortgage Investment Dividend History
| Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.15 | $0.15 | March 31, 2025 | March 31, 2025 | April 30, 2025 | March 13, 2025 |
| $0.15 | $0.15 | December 31, 2024 | December 31, 2024 | January 31, 2025 | December 12, 2024 |
| $0.15 | $0.15 | September 30, 2024 | September 30, 2024 | October 31, 2024 | September 13, 2024 |
| $0.15 | $0.15 | June 28, 2024 | June 28, 2024 | July 31, 2024 | June 13, 2024 |
| $0.15 | $0.15 | March 27, 2024 | March 28, 2024 | April 30, 2024 | March 14, 2024 |
| $0.15 | $0.15 | December 28, 2023 | December 29, 2023 | January 31, 2024 | December 08, 2023 |
| $0.15 | $0.15 | September 28, 2023 | September 29, 2023 | October 31, 2023 | September 14, 2023 |
| $0.15 | $0.15 | June 29, 2023 | June 30, 2023 | July 31, 2023 | June 15, 2023 |
| $0.27 | $0.27 | March 30, 2023 | March 31, 2023 | April 25, 2023 | March 16, 2023 |
| $0.27 | $0.27 | December 29, 2022 | December 30, 2022 | January 31, 2023 | December 16, 2022 |
| $0.27 | $0.27 | September 29, 2022 | September 30, 2022 | October 25, 2022 | September 15, 2022 |
| $0.27 | $0.27 | June 29, 2022 | June 30, 2022 | July 26, 2022 | June 17, 2022 |
| $0.27 | $0.27 | March 30, 2022 | March 31, 2022 | April 26, 2022 | March 11, 2022 |
| $0.27 | $0.27 | December 30, 2021 | December 31, 2021 | January 25, 2022 | December 09, 2021 |
| $0.27 | $0.27 | September 29, 2021 | September 30, 2021 | October 26, 2021 | September 17, 2021 |
| $0.27 | $0.27 | June 29, 2021 | June 30, 2021 | July 27, 2021 | June 17, 2021 |
| $0.27 | $0.27 | March 30, 2021 | March 31, 2021 | April 27, 2021 | March 04, 2021 |
| $0.27 | $0.27 | December 30, 2020 | December 31, 2020 | January 26, 2021 | December 10, 2020 |
| $0.27 | $0.27 | September 29, 2020 | September 30, 2020 | October 27, 2020 | September 17, 2020 |
| $0.27 | $0.27 | June 29, 2020 | June 30, 2020 | July 28, 2020 | June 18, 2020 |
Cherry Hill Mortgage Investment News
Read the latest news about Cherry Hill Mortgage Investment, including recent articles, headlines, and updates.
Focusing On Lower Risk Shares (And Updated Charts For High-Yield Stocks)
Market volatility has increased, making it challenging to predict future Treasury rates and impacting the frequency of my article publications. Price-to-book ratios reveal bargains. Preferred shares offer lower risk and high yields; recent trades in DX-C and EFC-B have been profitable.
High Yield Smackdown
We warned investors against high price-to-book ratios, especially in agency mortgage REITs. We've got a new batch of charts as of market close on 04/08/2025. Unfortunately, they tend to get outdated within hours. Tariffs on China drastically increased, creating uncertainty and challenges, especially for industrial REITs.
Let's Talk Mortgage REITs (But Not For Too Long)
A bunch of mortgage REITs were severely overvalued. Now they are less overvalued. But some others are actually bargains. Tons of charts because images are fun. Ellington Financial's higher price-to-book ratio may be due to lower volatility in the total economic return by period. Digital Realty Trust deserves to be mocked. I am reporting for duty!
Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the First Quarter 2025
TINTON FALLS, N.J.--(BUSINESS WIRE)--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 Co.
Cherry Hill Mortgage: Series B Floating-Rate Preferred Yielding Over 10%
Cherry Hill Mortgage Investment Corporation faces challenges due to rising interest rates, which have impacted its net interest income and book value since the pandemic. Despite these challenges, Cherry Hill has diversified through mortgage servicing and hedging, generating significant revenue and maintaining profitability. The common shares are risky due to the company's high leverage and inability to sustain book value, making preferred shares a better income option.
Cherry Hill Mortgage Investment Corporation Announces Appointment of Dale Hoffman to Board of Directors
TINTON FALLS, N.J.--(BUSINESS WIRE)--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.
Cherry Hill Mortgage Investment Corporation (CHMI) Q4 2024 Earnings Conference Call Transcript
Cherry Hill Mortgage Investment Corporation (NYSE:CHMI ) Q4 2024 Earnings Conference Call March 6, 2025 5:00 PM ET Company Participants Garrett Edson - MD, ICR, IR Jay Lown - President and CEO Julian Evans - Chief Investment Officer Mike Hutchby - CFO Conference Call Participants Randy Binner - B. Riley Securities Mikhail Goberman - Citizens JMP Jason Stewart - Janney Montgomery Scott Operator Hello, everyone, and welcome to Cherry Hill Mortgage Investment Corporation Fourth Quarter 2024 Earnings Call.
Cherry Hill Mortgage Investment Corporation Announces Fourth Quarter and Full Year 2024 Results
TINTON FALLS, N.J.--(BUSINESS WIRE)--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.
Cherry Hill Mortgage Investment Corporation Sets Date for Fourth Quarter and Full Year 2024 Earnings Release and Conference Call
TINTON FALLS, N.J.--(BUSINESS WIRE)--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.chmirei.
12% Dividend Yields Or Higher
No tiny yields here. This is a mortgage REIT special. New commentary. New charts. Best article to read on a Friday. Charts also cover BDCs, baby bonds, and preferred shares. I'm definitely not targeting CHMI again, unless I mention CHMI. Too late. Guess I have to bash it. But we've also got other REITs to talk about.
Cherry Hill Mortgage: High Yield, Speculative Investment
Cherry Hill Mortgage Investment Corporation is a speculative investment with short-term momentum, but long-term risk. The high dividend yield of 17.44% is attractive and also a red flag. Despite recent upward momentum, CHMI has a history of underperformance, with a 5-year total return of -51.5%.
Cherry Hill Mortgage Investment Corporation Announces Taxable Composition of 2024 Dividends
FARMINGDALE, N.J.--(BUSINESS WIRE)--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 Nondiv.
Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the Fourth Quarter 2024
FARMINGDALE, N.J.--(BUSINESS WIRE)--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 t.
Cherry Hill Mortgage Investment Corporation Series B Still Attractive Despite Floating Rate Risk
Cherry Hill Mortgage Investment Corporation faces challenges with high interest rates impacting net interest income and pressuring the common share dividend. The company has increased its RMBS holdings and leverage, but shareholder equity has dropped. Preferred dividends are fully covered, but common share dividends are at risk due to insufficient earnings and negative cash flow from operations.
Cherry Hill Mortgage Investment Corporation Internalizes Management, Terminates Management Agreement and Concludes Strategic Alternatives Review Process
TINTON FALLS, N.J.--(BUSINESS WIRE)--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 thing.
Cherry Hill Mortgage Investment Corporation (CHMI) Q3 2024 Earnings Call Transcript
Cherry Hill Mortgage Investment Corporation (NYSE:CHMI ) Q3 2024 Earnings Conference Call November 12, 2024 5:00 PM ET Company Participants Garrett Edson - Investor Relations, ICR Jay Lown - President and Chief Executive Officer Julian Evans - Chief Investment Officer Michael Hutchby - Chief Financial Officer Conference Call Participants Mikhail Goberman - Citizens JMP Matt Howlett - B. Riley Securities Operator Ladies and gentlemen, thank you for standing by.
Cherry Hill Mortgage Investment Corporation Announces Third Quarter 2024 Results
TINTON FALLS, N.J.--(BUSINESS WIRE)--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 applic.
10.7% Preferred Share From Cherry Hill
CHMI-B preferred shares carry a high-risk rating of 5, making them suitable only as a trading tool, not a long-term investment. Despite an attractive stripped yield of 10.7%, CHMI-B is overpriced given its significant risk, with better options available in short-term treasury ETFs. The common equity to preferred liquidation ratio of 0.97 indicates substantial downside risk, as common equity wouldn't cover all outstanding preferred shares in liquidation.
Cherry Hill Mortgage Investment Corporation Sets Date for Third Quarter 2024 Earnings Release and Conference Call
TINTON FALLS, N.J.--(BUSINESS WIRE)--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 li.
8.5% Yield Preferred Share Not Worth A Buy From Cherry Hill
CHMI-A is currently overpriced; consider buying only if the price drops to $20.56 due to high risk associated with CHMI. Stripped price is crucial; with an expected ex-dividend date of 9/30/24, the stripped price is around $23.76. CHMI-A offers a decent yield but has a poor common equity to preferred equity ratio, making it riskier compared to peers like NLY.
Cherry Hill Mortgage's Performance For Q2 2024
Cherry Hill Mortgage had a slightly underperforming quarter, with a 3.4% BV variance and a minor decrease in adjusted core earnings/EAD. CHMI's fixed-rate agency MBS sub-portfolio increased unexpectedly, leading to BV underperformance, while derivative instruments and MSR sub-portfolio matched projections. CHMI remains a speculative investment with high-risk but potential rewards, currently holding a 4.5 risk/performance rating and a Hold recommendation.
Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the Third Quarter 2024
FARMINGDALE, N.J.--(BUSINESS WIRE)--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 third quarter of 2024. The dividend will be payable in cash on October 31, 2024 to holders of the common stock of record as of the close of business on September 30, 2024. Additionally, Cherry Hill announced that its Board of Directors has declared a dividend of $0.5125 per share on t.
The Return Of Volatility
In a highly volatile week across global financial markets, U.S. equity markets ultimately finished the week little-changed, while benchmark interest rates rebounded from the lowest levels of the year. Following a historic surge in volatility, stabilization in Asian and European markets, decent jobless claims data, and clarity on the domestic Presidential matchup helped to ease market jitters. Narrowly avoiding a fourth-straight week of losses, the S&P 500 finished flat - staging a late-week rebound after sharp declines early in the week. The Nasdaq remained in "correction territory."
Cherry Hill Mortgage Investment Corporation (CHMI) Q2 2024 Earnings Call Transcript
Cherry Hill Mortgage Investment Corporation (NYSE:CHMI ) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Garrett Edson - Investor Relations Jay Lown - President and CEO Julian Evans - Chief Investment Officer Michael Hutchby - Chief Financial Officer Conference Call Participants Mikhail Goberman - Citizens JMP Matthew Howlett - B. Riley Securities Operator Good day, and welcome to the Cherry Hill Mortgage Investment Corporation's Second Quarter 2024 Conference Call.
12%+ Dividend Yields Duel
This is a head-to-head battle between two of the high yielders. Both are at least over 12%. This is a lesson in evaluating similar shares for differences in valuation. The emphasis here is on the change in valuation. These shares should have similar valuations, but they don't.
Cherry Hill Mortgage Investment Corporation: Series B Preferred Offering 11% Yield
Cherry Hill Mortgage Investment Corporation is a real estate investment trust specializing in residential mortgages. The company's struggle with higher interest rates led to a net interest income loss in the first quarter. Despite challenges, the Series B preferred shares offer the most attractive income investment option for investors.
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