| Cherry Hill Mortgage Investment Corporation (CHMI) Q1 2025 Earnings Call Transcript |
Cherry Hill Mortgage Investment Corporation (NYSE:CHMI ) Q1 2025 Earnings Conference Call May 6, 2025 5:00 PM ET Company Participants Garrett Edson - MD, ICR, IR Jay Lown - President and Chief Executive Officer Julian Evans - Chief Investment Officer Mike Hutchby - Chief Financial Officer Raymond Slater - MSR Portfolio Manager Conference Call Participants Randy Binner - B. Riley Securities Jason Stewart - Janney Montgomery Scott Mikhail Goberman - Citizens JMP Operator Good day, and welcome to Cherry Hill Mortgage Investment Corporation First Quarter 2025 Earnings Call. |
seekingalpha.com |
2025-05-07 02:49:36 |
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| Cherry Hill Mortgage (CHMI) Q1 Earnings Beat Estimates |
Cherry Hill Mortgage (CHMI) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.13 per share a year ago. |
zacks.com |
2025-05-06 23:40:35 |
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| Cherry Hill Mortgage Investment Corporation Announces First Quarter 2025 Results |
TINTON FALLS, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) (“Cherry Hill” or the “Company”) today reported results for the first quarter 2025. First Quarter 2025 Highlights GAAP net loss applicable to common stockholders of $9.3 million, or $0.29 per share. Earnings available for distribution (“EAD”) attributable to common stockholders of $5.4 million, or $0.17 per diluted share. Common book value per share of $3.58 at March 31, 2025. Declared regular common d. |
businesswire.com |
2025-05-06 20:15:00 |
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| 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. |
seekingalpha.com |
2025-04-21 23:31:58 |
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| 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 Unfortunately, they tend to get outdated within hours.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. |
seekingalpha.com |
2025-04-09 20:22:54 |
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| 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! |
seekingalpha.com |
2025-03-26 20:38:40 |
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| 15% Yields Want To Mug Your Dividends |
Agency mortgage REITs are achieving exceptional price-to-book ratios. You want a high dividend yield? Great. But don't pay a huge premium in the share price. It's a great time for investors to capture some gains in this sector. |
seekingalpha.com |
2025-03-19 18:05:00 |
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| 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. |
businesswire.com |
2025-03-13 10:00:00 |
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| 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. |
seekingalpha.com |
2025-03-11 16:02:39 |
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| 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. |
businesswire.com |
2025-03-11 10:00:00 |
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| 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. |
seekingalpha.com |
2025-03-06 22:35:04 |
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| Cherry Hill Mortgage (CHMI) Q4 Earnings Match Estimates |
Cherry Hill Mortgage (CHMI) came out with quarterly earnings of $0.10 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.17 per share a year ago. |
zacks.com |
2025-03-06 21:10:20 |
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| 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. |
businesswire.com |
2025-03-06 18:15:00 |
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| 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. |
businesswire.com |
2025-03-03 18:15:00 |
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| 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. |
seekingalpha.com |
2025-02-21 21:01:00 |
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| 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%. |
seekingalpha.com |
2025-02-14 11:13:50 |
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| These high-yielding REIT stocks are soaring in 2025 |
Real Estate Investment Trust (REIT) stocks are having a rough year as interest rates remains at an elevated level. Government bond yields have risen to near 5% and the Fed has hinted that it will deliver just two rate cuts this year. |
invezz.com |
2025-02-05 06:27:31 |
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| 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. |
businesswire.com |
2025-01-27 19:00:00 |
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| 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. |
businesswire.com |
2024-12-12 18:15:00 |
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| 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. |
seekingalpha.com |
2024-11-18 19:42:56 |
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| 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. |
businesswire.com |
2024-11-14 20:06:00 |
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| 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. |
seekingalpha.com |
2024-11-12 23:05:31 |
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| 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. |
businesswire.com |
2024-11-12 18:15:00 |
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| 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. |
seekingalpha.com |
2024-11-10 12:49:34 |
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| 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. |
businesswire.com |
2024-11-08 14:30:00 |
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| 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. |
seekingalpha.com |
2024-09-26 06:55:07 |
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| 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. |
seekingalpha.com |
2024-09-18 22:40:43 |
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| 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. |
businesswire.com |
2024-09-13 12:40:00 |
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| 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." |
seekingalpha.com |
2024-08-11 13:00:00 |
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| 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. |
seekingalpha.com |
2024-08-10 09:03:08 |
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| Is the Options Market Predicting a Spike in Cherry Hill Mortgage (CHMI) Stock? |
Investors need to pay close attention to Cherry Hill Mortgage (CHMI) stock based on the movements in the options market lately. |
zacks.com |
2024-07-25 13:35:19 |
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| 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. |
seekingalpha.com |
2024-07-12 12:29:28 |
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| 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. |
seekingalpha.com |
2024-07-08 16:59:15 |
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| Cherry Hill Mortgage Investment: Series A Preferred Shares Look Attractive |
Cherry Hill Mortgage Investment Corporation is an mREIT specializing in residential mortgage-backed securities. Q1 2024 preferred dividend coverage was superb at 5.2 times but the company will struggle if mortgage spreads or interest rates move higher as in recent years. The company is actively buying back its Series B preferred shares which offer a higher current yield but no capital gain potential. |
seekingalpha.com |
2024-07-02 16:43:25 |
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| Cherry Hill Mortgage Investment: Risk Is Well Managed |
Cherry Hill Mortgage Investment is a cheap mREIT with a focus on residential mortgages, strong balance sheet, and high dividend yield. The company protects book value through intelligent hedging strategies, interest rate swaps, and stable net interest spreads on RMBS. Mortgage servicing rights are attractive and can help balance risk for shareholders by providing steady cash flow. |
seekingalpha.com |
2024-06-25 09:32:55 |
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| Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the Second 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 second quarter of 2024. The dividend will be payable in cash on July 31, 2024 to holders of the common stock of record as of the close of business on June 28, 2024. Additionally, Cherry Hill announced that its Board of Directors has declared a dividend of $0.5125 per share on the Comp. |
businesswire.com |
2024-06-13 20:15:00 |
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| Cherry Hill Mortgage Investment Corporation Announces First Quarter 2024 Results |
FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) (“Cherry Hill” or the “Company”) today reported results for the first quarter 2024. First Quarter 2024 Highlights GAAP net income applicable to common stockholders of $9.7 million, or $0.32 per share. Earnings available for distribution (“EAD”) attributable to common stockholders of $4.0 million, or $0.13 per diluted share. Common book value per share of $4.49 at March 31, 2024. Declared regular common. |
businesswire.com |
2024-05-06 20:15:00 |
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| Cherry Hill Mortgage Investment Corporation Sets Date for First Quarter 2024 Earnings Release and Conference Call |
FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) today announced that the Company will release first quarter 2024 financial results after the market closes on May 6, 2024. A conference call will be held the same day at 5:00 pm Eastern Time to review the Company's first 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 live broa. |
businesswire.com |
2024-05-01 20:15:00 |
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