Cherry Hill Mortgage Investment (CHMI) Getting Favorable Press Coverage, Analysis Finds

News articles about Cherry Hill Mortgage Investment (NYSE:CHMI) have been trending positive recently, according to Accern. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Cherry Hill Mortgage Investment earned a media sentiment score of 0.27 on Accern’s scale. Accern also assigned news coverage about the real estate investment trust an impact score of 48.42244527754 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Several equities research analysts have recently issued reports on CHMI shares. Zacks Investment Research raised shares of Cherry Hill Mortgage Investment from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 13th. ValuEngine upgraded shares of Cherry Hill Mortgage Investment from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, March 7th. Finally, B. Riley set a $20.00 price objective on shares of Cherry Hill Mortgage Investment and gave the company a “buy” rating in a research note on Monday, March 19th. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $19.63.

Shares of NYSE:CHMI opened at $17.55 on Friday. The stock has a market capitalization of $222.75, a PE ratio of 7.91 and a beta of 0.22. Cherry Hill Mortgage Investment has a fifty-two week low of $16.01 and a fifty-two week high of $19.43.

Cherry Hill Mortgage Investment (NYSE:CHMI) last released its quarterly earnings data on Friday, March 16th. The real estate investment trust reported $0.57 EPS for the quarter, topping analysts’ consensus estimates of $0.52 by $0.05. The firm had revenue of $6.98 million for the quarter, compared to the consensus estimate of $5.84 million. Cherry Hill Mortgage Investment had a net margin of 113.50% and a return on equity of 9.83%. sell-side analysts expect that Cherry Hill Mortgage Investment will post 1.98 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 24th. Investors of record on Thursday, March 29th will be issued a dividend of $0.49 per share. This represents a $1.96 dividend on an annualized basis and a yield of 11.17%. The ex-dividend date is Wednesday, March 28th. Cherry Hill Mortgage Investment’s dividend payout ratio is currently 88.29%.

TRADEMARK VIOLATION WARNING: “Cherry Hill Mortgage Investment (CHMI) Getting Favorable Press Coverage, Analysis Finds” was reported by BBNS and is the sole property of of BBNS. If you are viewing this report on another site, it was illegally copied and republished in violation of US and international copyright and trademark legislation. The correct version of this report can be viewed at https://baseballnewssource.com/2018/04/06/cherry-hill-mortgage-investment-chmi-receives-daily-news-sentiment-rating-of-0-27/2029727.html.

About Cherry Hill Mortgage Investment

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.

Insider Buying and Selling by Quarter for Cherry Hill Mortgage Investment (NYSE:CHMI)

Receive News & Ratings for Cherry Hill Mortgage Investment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cherry Hill Mortgage Investment and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Teen Juan Soto Hits Home Run in First At-Bat
Teen Juan Soto Hits Home Run in First At-Bat
Ji-Man Choi Receives Another Chance in Milwaukee
Ji-Man Choi Receives Another Chance in Milwaukee
Marlins vs Dodgers sets a 10-year record in MGM sportsbooks
Marlins vs Dodgers sets a 10-year record in MGM sportsbooks
Strikeouts Once Again Plaguing Cubs
Strikeouts Once Again Plaguing Cubs
Atlanta Braves: A Mix of Young and Old
Atlanta Braves: A Mix of Young and Old
Major League Baseball is Back and Astros Favored to Repeat
Major League Baseball is Back and Astros Favored to Repeat


Leave a Reply

 
© 2006-2018 BBNS.