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.
Cherry Hill Mortgage (CHMI) came out with quarterly earnings of $0.1 per share, missing the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.08 per share a year ago.
Here is how Cherry Hill Mortgage (CHMI) and Commonwealth Bank of Australia Sponsored ADR (CMWAY) have performed compared to their sector so far this year.
Cherry Hill Mortgage Investment Corporation (NYSE:CHMI ) Q1 2025 Earnings Conference Call May 6, 2025 5:00 PM ET Company Participants Garrett Edson - MD, ICR, IR Jay Lown - President and Chief Executive Officer Julian Evans - Chief Investment Officer Mike Hutchby - Chief Financial Officer Raymond Slater - MSR Portfolio Manager Conference Call Participants Randy Binner - B. Riley Securities Jason Stewart - Janney Montgomery Scott Mikhail Goberman - Citizens JMP Operator Good day, and welcome to Cherry Hill Mortgage Investment Corporation First Quarter 2025 Earnings Call.
Cherry Hill Mortgage (CHMI) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.13 per share a year ago.
Cherry Hill Mortgage Investment Corporation faces challenges due to rising interest rates, which have impacted its net interest income and book value since the pandemic. Despite these challenges, Cherry Hill has diversified through mortgage servicing and hedging, generating significant revenue and maintaining profitability. The common shares are risky due to the company's high leverage and inability to sustain book value, making preferred shares a better income option.
Cherry Hill Mortgage Investment Corporation (NYSE:CHMI ) Q4 2024 Earnings Conference Call March 6, 2025 5:00 PM ET Company Participants Garrett Edson - MD, ICR, IR Jay Lown - President and CEO Julian Evans - Chief Investment Officer Mike Hutchby - CFO Conference Call Participants Randy Binner - B. Riley Securities Mikhail Goberman - Citizens JMP Jason Stewart - Janney Montgomery Scott Operator Hello, everyone, and welcome to Cherry Hill Mortgage Investment Corporation Fourth Quarter 2024 Earnings Call.
Cherry Hill Mortgage (CHMI) came out with quarterly earnings of $0.10 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.17 per share a year ago.
No tiny yields here. This is a mortgage REIT special. New commentary. New charts. Best article to read on a Friday. Charts also cover BDCs, baby bonds, and preferred shares. I'm definitely not targeting CHMI again, unless I mention CHMI. Too late. Guess I have to bash it. But we've also got other REITs to talk about.
Cherry Hill Mortgage Investment Corporation is a speculative investment with short-term momentum, but long-term risk. The high dividend yield of 17.44% is attractive and also a red flag. Despite recent upward momentum, CHMI has a history of underperformance, with a 5-year total return of -51.5%.