Citizens Jmp Reaffirms “Market Perform” Rating for Cherry Hill Mortgage Investment (NYSE:CHMI)

Cherry Hill Mortgage Investment (NYSE:CHMI)‘s stock had its “market perform” rating restated by analysts at Citizens Jmp in a note issued to investors on Tuesday,Benzinga reports.

Several other equities analysts have also commented on CHMI. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Cherry Hill Mortgage Investment in a research report on Wednesday, June 24th. Wall Street Zen downgraded shares of Cherry Hill Mortgage Investment from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 1st. Finally, B. Riley Financial lowered shares of Cherry Hill Mortgage Investment to a “neutral” rating in a research note on Monday. One research analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $3.00.

Cherry Hill Mortgage Investment Stock Up 1.8%

CHMI stock traded up $0.05 during trading on Tuesday, hitting $2.84. 252,001 shares of the company’s stock traded hands, compared to its average volume of 232,438. The firm has a market capitalization of $104.30 million, a P/E ratio of 25.78 and a beta of 0.93. Cherry Hill Mortgage Investment has a 1 year low of $2.17 and a 1 year high of $3.04. The business has a fifty day simple moving average of $2.35 and a two-hundred day simple moving average of $2.51.

Cherry Hill Mortgage Investment (NYSE:CHMI) last posted its earnings results on Monday, August 10th. The real estate investment trust reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.02. The company had revenue of $7.88 million for the quarter, compared to analyst estimates of $10.75 million. Cherry Hill Mortgage Investment had a return on equity of 17.95% and a net margin of 18.88%. On average, equities research analysts predict that Cherry Hill Mortgage Investment will post 0.57 EPS for the current fiscal year.

Institutional Trading of Cherry Hill Mortgage Investment

A number of institutional investors and hedge funds have recently modified their holdings of CHMI. Summit Financial LLC increased its position in shares of Cherry Hill Mortgage Investment by 106.1% during the fourth quarter. Summit Financial LLC now owns 1,010,876 shares of the real estate investment trust’s stock worth $2,679,000 after purchasing an additional 520,291 shares in the last quarter. BlackRock Inc. purchased a new position in Cherry Hill Mortgage Investment in the 2nd quarter valued at $1,104,000. Geode Capital Management LLC lifted its holdings in Cherry Hill Mortgage Investment by 4.1% in the 4th quarter. Geode Capital Management LLC now owns 397,276 shares of the real estate investment trust’s stock valued at $1,013,000 after purchasing an additional 15,510 shares in the last quarter. Corient Private Wealth LLC acquired a new stake in Cherry Hill Mortgage Investment during the 2nd quarter worth $908,000. Finally, Two Sigma Investments LP boosted its stake in Cherry Hill Mortgage Investment by 92.8% during the 3rd quarter. Two Sigma Investments LP now owns 260,759 shares of the real estate investment trust’s stock worth $623,000 after purchasing an additional 125,499 shares during the last quarter. Hedge funds and other institutional investors own 18.49% of the company’s stock.

More Cherry Hill Mortgage Investment News

Here are the key news stories impacting Cherry Hill Mortgage Investment this week:

• Positive Sentiment: TPG agreed to acquire Cherry Hill in a stock-and-cash merger valued at approximately $3.10 per CHMI share based on MITT’s August 7 closing price. CHMI holders would receive 0.3063 MITT shares plus $0.93 in cash for each share, creating a larger residential mortgage REIT with roughly $9 billion in assets. The transaction is expected to close in the fourth quarter of 2026, subject to shareholder and regulatory approvals. MITT agrees to buy Cherry Hill, creating $9B residential mortgage REIT
• Positive Sentiment: Adjusted earnings exceeded expectations. CHMI reported earnings available for distribution of $0.15 per diluted share, topping the $0.13 analyst consensus and increasing from $0.10 a year earlier. The company also reported $3.16 in common book value per share as of June 30 and paid a $0.10 quarterly dividend. Cherry Hill Mortgage beats Q2 earnings estimates
• Neutral Sentiment: The merger consideration is partly tied to MITT’s share price, so CHMI’s final value may fluctuate before closing. Investors must also approve the transaction, and the deal is not expected to be completed until late 2026.
• Negative Sentiment: Revenue fell short of forecasts. Second-quarter revenue was $7.88 million versus the $10.75 million analyst estimate. GAAP net income was $1.3 million, or $0.04 per share, highlighting the difference between reported profitability and the stronger adjusted distribution earnings. Cherry Hill announces second-quarter 2026 results
• Negative Sentiment: Investor-rights law firm Halper Sadeh announced an investigation into whether CHMI shareholders are receiving fair value in the proposed sale, adding potential legal and execution risk to the transaction. Halper Sadeh investigates CHMI merger price

About Cherry Hill Mortgage Investment

Cherry Hill Mortgage Investment Corporation is a real estate investment trust that focuses on acquiring, financing and managing residential mortgage loans and mortgage-related securities. The company’s portfolio consists primarily of agency and non-agency residential mortgage loans secured by single-family residences, together with mortgage-backed securities issued or guaranteed by Fannie Mae, Freddie Mac and Ginnie Mae.

CHMI employs active portfolio management strategies intended to generate current income and total return for its shareholders.