Cherry Hill Mortgage Investment (NYSE:CHMI – Get Free Report) is scheduled to be announcing its earnings results after the market closes on Monday, May 6th. Analysts expect the company to announce earnings of $0.18 per share for the quarter.
Cherry Hill Mortgage Investment (NYSE:CHMI – Get Free Report) last issued its quarterly earnings results on Thursday, March 7th. The real estate investment trust reported $0.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 previous year, the business posted $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
NYSE CHMI remained flat at $3.48 on Thursday. The company’s stock had a trading volume of 16,835 shares, compared to its average volume of 215,158. The stock’s 50 day moving average price is $3.47 and its two-hundred day moving average price is $3.63. The company has a market capitalization of $104.47 million, a P/E ratio of -2.04 and a beta of 1.45. Cherry Hill Mortgage Investment has a 52-week low of $2.77 and a 52-week high of $5.39.
Cherry Hill Mortgage Investment Dividend Announcement
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently commented on CHMI shares. StockNews.com upgraded Cherry Hill Mortgage Investment from a “sell” rating to a “hold” rating in a research report on Friday, March 15th. B. Riley reissued a “buy” rating and set a $5.00 price objective (down from $5.50) on shares of Cherry Hill Mortgage Investment in a research note on Thursday, March 21st.
Read Our Latest Stock 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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