Mortgage REITs sit at the sharp end of the rate cycle. They borrow short, lend long, hedge in between, and pass what is left to shareholders.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
The heavy selling pressure might have exhausted for Cherry Hill (CHMI) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Cherry Hill Mortgage Investment NYSE: CHMI reported a first-quarter loss as management said geopolitical volatility, higher inflation expectations and wider mortgage spreads weighed on performance late in the period.
Cherry Hill Mortgage Investment Corporation (CHMI) Q1 2026 Earnings Call Transcript
Cherry Hill Mortgage (CHMI) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.17 per share a year ago.
Cherry Hill Mortgage Investment Corporation (CHMI) Q4 2025 Earnings Call Transcript
Cherry Hill Mortgage Investment Corporation preferred shares are downgraded to hold due to book value erosion and high leverage. CHMI's net interest income recently turned positive, aided by lower rates, but leverage has climbed from 3x to over 5x in four years. Short-term debt exposure and a historically low hedge ratio heighten CHMI's vulnerability to rising interest rates.
Cherry Hill Mortgage Investment Corporation delivered solid returns in 2025, in line with mREIT peers focused on residential mortgages. The outlook for 2026 is also bright, with the company yet to see the full impact of recent Fed rate cuts on funding costs. CHMI is also interesting for third parties amid a pick-up in M&A activity and a 19% book value discount, although we have no indication of a deal in the making.
Cherry Hill Mortgage Investment Corporation ( CHMI ) Q3 2025 Earnings Call November 6, 2025 5:00 PM EST Company Participants Jeffrey Lown - President, CEO & Director Julian Evans - Chief Investment Officer Apeksha Patel - CFO, Controller, Treasurer & Secretary Conference Call Participants Garrett Edson - ICR Inc. Timothy D'Agostino - B. Riley Securities, Inc., Research Division Mikhail Goberman - Citizens JMP Securities, LLC, Research Division Presentation Operator Good day, and welcome to Cherry Hill Mortgage Investment Corporation's Third Quarter 2025 Conference Call.
Cherry Hill Mortgage Investment Corporation is a mREIT focused on residential mortgage-backed securities and mortgage service rights. Q2 2025 results were impacted by mark-to-market losses on derivatives, resulting in a decrease in book value per share. Looking ahead, the company trades at only 4.5x its consensus 2026 earnings while offering a 13% discount to book value, warranting a Buy rating on the common shares.
Cherry Hill Mortgage Investment Corporation (NYSE:CHMI ) Q2 2025 Earnings Conference Call August 7, 2025 5:00 PM ET Company Participants Apeksha Patel - Interim CFO, Controller, Treasurer & Secretary Jeffrey B. Lown - President, CEO & Director Julian B.