Cherry Hill Mortgage Investment (NYSE:CHMI – Get Free Report) is scheduled to be posting its quarterly earnings results after the market closes on Monday, May 6th. Analysts expect Cherry Hill Mortgage Investment to post earnings of $0.18 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.
Cherry Hill Mortgage Investment (NYSE:CHMI – Get Free Report) last announced its quarterly earnings results on Thursday, March 7th. The real estate investment trust reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.01). The firm had revenue of $12.79 million for the quarter, compared to the consensus estimate of $3.11 million. Cherry Hill Mortgage Investment had a negative net margin of 69.00% and a positive return on equity of 19.65%. During the same period 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 Trading Up 0.3 %
Shares of Cherry Hill Mortgage Investment stock opened at $3.50 on Friday. Cherry Hill Mortgage Investment has a 1-year low of $2.77 and a 1-year high of $5.39. The firm’s 50-day moving average price is $3.47 and its two-hundred day moving average price is $3.63. The stock has a market capitalization of $105.07 million, a price-to-earnings ratio of -2.05 and a beta of 1.45.
Cherry Hill Mortgage Investment Announces Dividend
Analyst Upgrades and Downgrades
CHMI has been the topic of a number of research analyst reports. B. Riley reissued a “buy” rating and set a $5.00 price objective (down previously from $5.50) on shares of Cherry Hill Mortgage Investment in a report on Thursday, March 21st. StockNews.com raised shares of Cherry Hill Mortgage Investment from a “sell” rating to a “hold” rating in a research note on Friday, March 15th.
Get Our Latest Research Report on Cherry Hill Mortgage Investment
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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