Cherry Hill Mortgage Investment Corporation

CHMI-PB · NYSE · Real Estate / REIT - Mortgage

20.20USD+0.05 (+0.27%)

Price History

Full chart

Market Stats

Previous Close20.15

Open20.00

Day Range20.00 – 20.45

52-Week Range20.74 – 23.91

Volume12.09K

Market Cap292.14M

P/E (TTM)42.41

Forward P/E0.00

EPS0.551

Dividend Yield10.55%

Beta1.07

50-Day Avg24.00

200-Day Avg23.70

About

Cherry Hill Mortgage Investment Corporation, a residential real estate finance company, acquires, invests, and manages residential mortgage assets in the United States. It operates in two segments, Investments in RMBS and Investments in Servicing Related Assets. The trust qualifies as a real estate investment trust for federal income tax purposes. The company has elected to be taxed as a real estate investment trust (REIT) and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Cherry Hill Mortgage Investment Corporation was incorporated in 2012 and is based in Tinton Falls, New Jersey.

Company Details

SectorReal Estate
IndustryREIT - Mortgage
CEOMr. Jeffrey B. Lown II
Employees14
Headquarters4000 Route 66, Tinton Falls, NJ, United States, 07753, USA
Websitehttps://www.chmireit.com

Leadership

Mr. Jeffrey B. Lown IIPresident, CEO & Director · b. 1964
Mr. Julian B. Evans C.F.A.Chief Investment Officer · b. 1970
Ms. Susan HealeyGeneral Counsel & Secretary · b. 1978
Ms. Apeksha PatelCFO & Treasurer · b. 1986
Mr. Raymond SlaterSenior Vice President of Mortgage Servicing

Financials

Income Statement

Currency: USD	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	-	22.53M	7.82M	18.88M	31.93M	56.78M	49.05M	-47.89M	-57.32M	28.14M	40.19M	-21.20M	34.58M	105.39M
Growth (%)	-	-	-65.28%	+141.29%	+69.16%	+77.82%	-13.62%	-197.63%	-19.71%	+149.09%	+42.84%	-152.75%	+263.07%	+204.80%
Cost of Revenue	-	-	0	761.00K	2.56M	5.78M	45.12M	47.89M	57.32M	13.62M	11.84M	11.25M	12.42M	9.28M
Gross Profit	-	22.53M	7.82M	18.11M	29.37M	51.00M	3.92M	-95.77M	-114.65M	28.14M	40.19M	-21.20M	34.58M	96.11M
Gross Margin	-	100.00%	100.00%	95.97%	91.98%	89.81%	8.00%	200.00%	200.00%	100.00%	100.00%	100.00%	100.00%	91.20%
Operating Expense	-	23.25M	10.85M	21.20M	32.65M	54.81M	7.87M	-36.16M	-43.65M	15.07M	-4.63M	13.73M	34.81M	37.20M
Operating Income	-150.00K	-716.00K	-3.03M	-3.08M	-3.28M	-3.82M	-3.94M	-59.62M	-71.00M	13.06M	44.82M	-34.93M	-240.00K	58.91M
Operating Margin	-	-3.18%	-38.71%	-16.32%	-10.28%	-6.72%	-8.03%	124.49%	123.86%	46.43%	111.52%	164.76%	-0.69%	55.90%
EBITDA	-	22.07M	6.54M	19.09M	37.62M	77.17M	53.48M	-59.62M	-71.00M	13.06M	44.82M	16.71M	72.08M	59.23M
EBITDA Margin	-	97.94%	83.63%	101.14%	117.83%	135.92%	109.04%	124.49%	123.86%	46.43%	111.52%	-78.81%	208.48%	56.20%
Net Income	-150.00K	21.09M	2.35M	13.21M	24.83M	47.36M	37.28M	-43.50M	-53.22M	12.28M	21.74M	-34.79M	11.97M	6.83M
Net Income Margin	-	93.61%	30.08%	70.00%	77.77%	83.41%	76.02%	90.83%	92.84%	43.65%	54.09%	164.11%	34.62%	6.48%
R&D	-	-	0	0	0.77	0.73	0.42	0.45	0.87	0.22	1.79	0.35	-	-
R&D as % of Total Revenue	-	-	0.00%	0.00%	0.00%	0.00%	0.00%	-0.00%	-0.00%	0.00%	0.00%	-0.00%	-	-
Interest Expense	-	867.00K	4.31M	5.98M	7.81M	19.88M	34.51M	48.59M	16.32M	5.77M	17.56M	51.64M	55.77M	49.78M
Interest Expense % of Total Revenue	-	3.85%	55.06%	31.70%	24.45%	35.01%	70.36%	-101.46%	-28.46%	20.50%	43.70%	-243.57%	161.30%	47.23%

Balance Sheet

Currency: USD	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	1.00K	427.40M	531.93M	636.34M	792.88M	2.05B	2.15B	2.94B	1.59B	1.30B	1.41B	1.39B	1.49B	1.54B
Total Liabilities	25.00K	266.28M	371.61M	484.00M	636.87M	1.73B	1.79B	2.55B	1.28B	1.02B	1.14B	1.13B	1.26B	1.30B
Total Equity	-24.00K	160.81M	159.77M	151.34M	154.23M	319.98M	360.67M	396.59M	312.57M	278.82M	265.52M	255.48M	230.34M	236.04M
Cash	148.03M	14.12M	19.39M	20.55M	38.29M	56.49M	40.02M	91.71M	83.89M	63.92M	57.32M	52.89M	46.31M	54.95M
Total Debt	-	261.89M	366.21M	476.72M	618.20M	1.71B	1.76B	2.52B	228.64M	291.81M	392.49M	169.31M	151.23M	1.28B
Net Debt	-148.03M	247.78M	346.82M	456.17M	579.90M	1.65B	1.72B	2.43B	27.49M	81.35M	126.57M	116.43M	104.91M	1.23B

Cash Flow

Currency: USD	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	-	-6.08M	24.97M	23.38M	34.46M	40.24M	63.64M	69.68M	61.20M	48.01M	59.91M	40.66M	-4.69M	-4.69M
Investing Cash Flow	-	-387.41M	-105.81M	-113.15M	-146.09M	-1.22B	-165.88M	-757.12M	1.26B	166.52M	-128.20M	-104.05M	-141.33M	-141.33M
Financing Cash Flow	-	405.71M	82.91M	87.93M	116.86M	1.20B	85.77M	739.12M	-1.28B	-267.97M	57.07M	67.17M	147.46M	147.46M
Capital Expenditure	0	0	3.61M	13.86M	15.39M	81.61M	175.67M	102.98M	52.96M	55.38M	38.04M	0	0	0
Free Cash Flow	-	-6.08M	28.58M	9.51M	19.06M	-41.37M	-112.04M	-33.29M	8.24M	-7.37M	21.88M	40.66M	-4.69M	-4.69M
Dividends Paid	-	3.38M	14.79M	15.03M	15.87M	24.21M	37.87M	39.23M	30.29M	28.45M	30.82M	31.21M	28.17M	28.66M
FCF to OCF	-	100.00%	114.45%	40.70%	55.32%	-102.81%	-176.05%	-47.78%	13.46%	-15.35%	36.51%	100.00%	100.00%	100.00%
Dividend Paid to FCF	-	-55.51%	51.75%	157.96%	83.27%	-58.53%	-33.80%	-117.83%	367.69%	-386.20%	140.87%	76.76%	-600.47%	-610.91%

Earnings

Report Date	Mar 25, 2014	May 13, 2014	Aug 12, 2014	Nov 12, 2014	Mar 11, 2015	May 11, 2015	Aug 10, 2015	Nov 9, 2015	Mar 15, 2016	May 10, 2016	Aug 9, 2016	Nov 9, 2016	Mar 14, 2017	May 9, 2017	Aug 8, 2017	Nov 7, 2017	Mar 16, 2018	May 9, 2018	Aug 8, 2018	Nov 7, 2018	Mar 18, 2019	May 9, 2019	Aug 8, 2019	Nov 12, 2019	Feb 27, 2020	May 11, 2020	Aug 10, 2020
EPS Estimate	0.01	0.01	0.01	0.50	0.51	0.47	0.52	0.51	0.49	0.48	0.49	0.46	0.50	0.49	0.51	0.52	0.53	0.01	0.47	0.50	0.49	0.52	0.49	0.42	0.42	0.01	0.28
EPS Actual	0.01	0.01	0.01	0.24	0.49	0.50	0.48	0.47	0.49	0.54	0.53	0.54	0.51	0.63	0.53	0.52	0.57	0.01	0.49	0.54	0.64	0.59	0.51	0.40	0.47	0.47	0.47
Surprise	0.00%	0.00%	0.00%	-52.00%	-3.92%	6.38%	-7.69%	-7.84%	0.00%	12.50%	8.16%	17.39%	2.00%	28.57%	3.92%	0.00%	7.55%	0.00%	4.26%	8.00%	30.61%	13.46%	4.08%	-4.76%	11.90%	4600.00%	67.86%
Timing	-	-	-	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	-	After-hours	After-hours	After-hours	Pre-market	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours

Key Statistics & Ratios

Market Cap292.14M

Enterprise Value477.48M

Trailing P/E42.41

Forward P/E0.00

Price / Sales6.92

Price / Book0.00

EPS0.551

Book Value3.26

Revenue (TTM)42.24M

Gross Profit (TTM)32.85M

Profit Margin38.64%

Operating Margin37.86%

Return on Equity7.20%

Return on Assets1.15%

Shares Outstanding1.60M

Shares Float36.41M

Beta1.07

Dividend Yield10.55%

Dividend Rate2.46

Payout Ratio0.00%

Ownership Breakdown

Institutions: 0.00%
Insiders: 0.00%
Retail / Other: 100.00%

Top Fund Holders

Fidelity® Real Estate Income
38.61K0.24%
Fidelity® Series Real Estate Income
8.27K0.05%

Dividends

20263×

0.62Sep 30, 20260.60Jun 30, 20260.60Mar 31, 2026

20254×

0.63Dec 31, 20250.65Sep 30, 20250.64Jun 30, 20250.64Mar 31, 2025

20244×

0.67Dec 31, 20240.71Sep 30, 20240.70Jun 28, 20240.52Mar 27, 2024

20234×

0.52Dec 28, 20230.52Sep 28, 20230.52Jun 29, 20230.52Mar 30, 2023

20224×

0.52Dec 29, 20220.52Sep 29, 20220.52Jun 29, 20220.52Mar 30, 2022

20214×

0.52Dec 30, 20210.52Sep 29, 20210.52Jun 29, 20210.52Mar 30, 2021

20201×

0.52Dec 30, 2020