Cherry Hill Mortgage Investment (CHMI) Given Media Impact Rating of 0.10

Press coverage about Cherry Hill Mortgage Investment (NYSE:CHMI) has been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Cherry Hill Mortgage Investment earned a news sentiment score of 0.10 on Accern’s scale. Accern also assigned press coverage about the real estate investment trust an impact score of 45.9827641096814 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

A number of analysts recently issued reports on CHMI shares. ValuEngine downgraded shares of Cherry Hill Mortgage Investment from a “strong-buy” rating to a “buy” rating in a report on Friday, September 1st. Zacks Investment Research upgraded shares of Cherry Hill Mortgage Investment from a “hold” rating to a “buy” rating and set a $20.00 target price for the company in a research note on Wednesday, October 4th. FBR & Co reiterated a “buy” rating and issued a $19.50 target price on shares of Cherry Hill Mortgage Investment in a research note on Tuesday, October 10th. Finally, B. Riley reiterated a “buy” rating on shares of Cherry Hill Mortgage Investment in a research note on Wednesday, November 1st. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $19.40.

Cherry Hill Mortgage Investment (CHMI) traded up $0.22 on Monday, hitting $18.44. 103,500 shares of the stock traded hands, compared to its average volume of 156,462. The stock has a market capitalization of $234.58, a P/E ratio of 8.42 and a beta of 0.37. Cherry Hill Mortgage Investment has a 52-week low of $16.40 and a 52-week high of $19.43.

Cherry Hill Mortgage Investment (NYSE:CHMI) last posted its earnings results on Tuesday, November 7th. The real estate investment trust reported $0.52 earnings per share for the quarter, hitting the consensus estimate of $0.52. The firm had revenue of $5.84 million during the quarter, compared to the consensus estimate of $5.55 million. Cherry Hill Mortgage Investment had a net margin of 136.70% and a return on equity of 9.49%. During the same quarter last year, the company earned $0.54 earnings per share. analysts anticipate that Cherry Hill Mortgage Investment will post 2.2 earnings per share for the current year.

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Cherry Hill Mortgage Investment Company Profile

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)

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