Cherry Hill Mortgage Investment (CHMI) Scheduled to Post Quarterly Earnings on Thursday

Cherry Hill Mortgage Investment (NYSE:CHMI) is scheduled to be releasing its earnings data after the market closes on Thursday, August 8th. Analysts expect Cherry Hill Mortgage Investment to post earnings of $0.15 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Cherry Hill Mortgage Investment Price Performance

NYSE CHMI traded up $0.02 during trading on Tuesday, reaching $3.61. 210,974 shares of the company’s stock traded hands, compared to its average volume of 194,950. The firm has a market cap of $108.37 million, a price-to-earnings ratio of -7.16 and a beta of 1.50. The company’s 50 day simple moving average is $3.75 and its two-hundred day simple moving average is $3.61. Cherry Hill Mortgage Investment has a 12-month low of $2.77 and a 12-month high of $4.39.

Cherry Hill Mortgage Investment Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 31st. Stockholders of record on Friday, June 28th were paid a dividend of $0.15 per share. The ex-dividend date was Thursday, June 27th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 16.62%. Cherry Hill Mortgage Investment’s payout ratio is -117.65%.

Wall Street Analysts Forecast Growth

Separately, JMP Securities reissued a “market perform” rating on shares of Cherry Hill Mortgage Investment in a research note on Wednesday, July 10th.

Cherry Hill Mortgage Investment Company Profile

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.