Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Cherry Hill Mortgage Investment Corporation (CHMI) Share Price

Headlines about Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) have been trending somewhat positive on Sunday, Accern reports. Accern identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Cherry Hill Mortgage Investment Corporation earned a news sentiment score of 0.14 on Accern’s scale. Accern also gave news coverage about the real estate investment trust an impact score of 46.4902063867219 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

A number of analysts recently issued reports on CHMI shares. Zacks Investment Research raised shares of Cherry Hill Mortgage Investment Corporation from a “hold” rating to a “buy” rating and set a $20.00 target price for the company in a research report on Wednesday, October 4th. B. Riley reissued a “buy” rating and set a $19.50 target price on shares of Cherry Hill Mortgage Investment Corporation in a research report on Wednesday, November 8th. ValuEngine downgraded shares of Cherry Hill Mortgage Investment Corporation from a “strong-buy” rating to a “buy” rating in a research report on Friday, September 1st. Finally, FBR & Co reissued a “buy” rating and set a $19.50 target price on shares of Cherry Hill Mortgage Investment Corporation in a research report on Tuesday, October 10th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $19.40.

Shares of Cherry Hill Mortgage Investment Corporation (CHMI) traded up $0.08 during trading hours on Friday, reaching $17.98. 72,200 shares of the company’s stock traded hands, compared to its average volume of 129,441. Cherry Hill Mortgage Investment Corporation has a one year low of $16.40 and a one year high of $19.43. The firm has a market capitalization of $228.72, a P/E ratio of 8.21 and a beta of 0.38.

Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) last issued its quarterly earnings data on Tuesday, November 7th. The real estate investment trust reported $0.52 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.52. Cherry Hill Mortgage Investment Corporation had a net margin of 136.70% and a return on equity of 9.49%. The company had revenue of $5.84 million during the quarter, compared to the consensus estimate of $5.55 million. During the same quarter last year, the company earned $0.54 earnings per share. equities analysts predict that Cherry Hill Mortgage Investment Corporation will post 2.2 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 24th. Shareholders of record on Friday, September 29th were given a $0.49 dividend. This represents a $1.96 annualized dividend and a yield of 10.90%. The ex-dividend date of this dividend was Thursday, September 28th. Cherry Hill Mortgage Investment Corporation’s dividend payout ratio (DPR) is 29.04%.

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Cherry Hill Mortgage Investment Corporation Company Profile

Cherry Hill Mortgage Investment Corporation is a residential real estate finance company. The Company is focused on acquiring, investing in and managing residential mortgage assets in the United States. Its principal objective is to generate attractive current yields and risk-adjusted total returns for its stockholders over the long term, primarily through dividend distributions and secondarily through capital appreciation.

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