Cherry Hill Mortgage Investment (NYSE:CHMI) Releases Quarterly Earnings Results, Meets Estimates

Cherry Hill Mortgage Investment (NYSE:CHMI) released its quarterly earnings results on Wednesday. The real estate investment trust reported $0.11 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.11, FiscalAI reports. Cherry Hill Mortgage Investment had a return on equity of 16.17% and a net margin of 14.15%.The company had revenue of $11.76 million during the quarter, compared to analysts’ expectations of $2.45 million.

Here are the key takeaways from Cherry Hill Mortgage Investment’s conference call:

• Generated GAAP net income of $5.3 million ($0.14 per diluted share) for Q4, with book value per common share rising to $3.44 (from $3.36), NAV up ~1.3%, $55 million of unrestricted cash, and financial leverage of 5.4x.
• Portfolio performance was driven by tighter mortgage spreads and a steeper yield curve; the firm remained slightly long duration, shifted into lower/mid coupons, and initiated a small position in ICE SOFR futures as part of its hedge mix.
• The RMBS portfolio stood at ~$805 million with prepayment speeds rising to 8.5% CPR, while the MSR portfolio had a UPB of $15.9 billion (market value ~$215 million) with net CPR ~5.1% and de minimis recapture.
• Strategic investment in digital mortgage platform Real Genius is growing in line with expectations and management believes lower mortgage rates (around 5.5%) could accelerate its growth and be accretive to the business.
• The board declared a Q4 common dividend of $0.10 per share (paid Jan 30, 2026), EAD was $0.11 per share, operating expenses normalized after prior one‑time charges, and management is evaluating preferred buybacks and potential common repurchases (no commitment announced).

Cherry Hill Mortgage Investment Stock Up 0.2%

Shares of Cherry Hill Mortgage Investment stock traded up $0.01 during trading hours on Thursday, reaching $2.60. 40,337 shares of the company’s stock were exchanged, compared to its average volume of 163,655. The business has a fifty day moving average of $2.64 and a two-hundred day moving average of $2.59. The company has a market capitalization of $95.34 million, a P/E ratio of 129.75 and a beta of 1.04. Cherry Hill Mortgage Investment has a 1 year low of $2.17 and a 1 year high of $3.67.

Cherry Hill Mortgage Investment Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Wednesday, December 31st were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $0.40 dividend on an annualized basis and a dividend yield of 15.4%. Cherry Hill Mortgage Investment’s dividend payout ratio is presently 2,000.00%.

Institutional Trading of Cherry Hill Mortgage Investment

Hedge funds have recently bought and sold shares of the business. O Shaughnessy Asset Management LLC boosted its holdings in shares of Cherry Hill Mortgage Investment by 34.3% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 25,546 shares of the real estate investment trust’s stock worth $65,000 after purchasing an additional 6,525 shares during the last quarter. XTX Topco Ltd bought a new position in Cherry Hill Mortgage Investment in the 4th quarter valued at about $27,000. Glenview Trust co bought a new position in shares of Cherry Hill Mortgage Investment during the second quarter valued at $34,000. Cetera Investment Advisers grew its position in shares of Cherry Hill Mortgage Investment by 50.9% in the 4th quarter. Cetera Investment Advisers now owns 37,054 shares of the real estate investment trust’s stock valued at $94,000 after acquiring an additional 12,504 shares during the period. Finally, State Street Corp boosted its holdings in shares of Cherry Hill Mortgage Investment by 11.3% during the 4th quarter. State Street Corp now owns 150,191 shares of the real estate investment trust’s stock worth $398,000 after buying an additional 15,300 shares in the last quarter. Institutional investors and hedge funds own 18.49% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. Credit Suisse Group set a $3.00 target price on Cherry Hill Mortgage Investment in a research note on Thursday, January 22nd. Citizens Jmp upped their price objective on shares of Cherry Hill Mortgage Investment from $2.75 to $3.00 and gave the stock a “market outperform” rating in a research report on Thursday, January 22nd. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Cherry Hill Mortgage Investment in a report on Monday, December 29th. Finally, Citigroup reiterated an “outperform” rating on shares of Cherry Hill Mortgage Investment in a research report on Thursday, January 22nd. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $3.00.

Cherry Hill Mortgage Investment Company Profile

Cherry Hill Mortgage Investment Corporation is a real estate investment trust that focuses on acquiring, financing and managing residential mortgage loans and mortgage-related securities. The company’s portfolio consists primarily of agency and non-agency residential mortgage loans secured by single-family residences, together with mortgage-backed securities issued or guaranteed by Fannie Mae, Freddie Mac and Ginnie Mae.

CHMI employs active portfolio management strategies intended to generate current income and total return for its shareholders.