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Cherry Hill Mortgage Investment Corporation - CHMI STOCK NEWS

Welcome to our dedicated news page for Cherry Hill Mortgage Investment Corporation (Ticker: CHMI), a resource for investors and traders seeking the latest updates and insights on Cherry Hill Mortgage Investment Corporation.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Cherry Hill Mortgage Investment Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Cherry Hill Mortgage Investment Corporation's position in the market.

Rhea-AI Summary
Cherry Hill Mortgage Investment (NYSE: CHMI) has announced the establishment of a Special Committee to explore strategic alternatives to enhance shareholder value. The Committee, composed of independent directors, will assess options such as business combinations, asset sales, or internal management changes. Guggenheim Securities, will act as the financial advisor. The outcome of this exploration is uncertain, and there is no set timeline for its completion.
Rhea-AI Impact
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End-of-Day
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Rhea-AI Summary
Cherry Hill Mortgage Investment Corporation (CHMI) declares dividends for the first quarter of 2024, with $0.15 per share for common stock, $0.5125 per share for Series A Preferred Stock, and $0.515625 per share for Series B Preferred Stock.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3%
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dividends earnings
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Rhea-AI Summary
Cherry Hill Mortgage Investment Corporation (CHMI) reported a GAAP net loss of $35.5 million for Q4 2023, with a common book value per share of $4.53. The company declared a regular common dividend of $0.15 per share and authorized a $50 million Preferred Stock repurchase program. Cherry Hill's portfolio highlights include a net servicing fee income of $9.7 million and a debt-to-equity ratio of 4.2x.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.87%
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Rhea-AI Summary
Cherry Hill Mortgage Investment Corporation (CHMI) will release its fourth quarter and full year 2023 financial results on March 7, 2024. A conference call is scheduled at 5:00 pm Eastern Time on the same day to discuss the results. A live webcast and online archive will be available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.85%
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Rhea-AI Summary
Cherry Hill Mortgage Investment Corporation (CHMI) announced the estimated Federal income tax treatment of the Company’s 2023 distributions on its common and preferred stock, totaling $0.8400 and $2.0500 respectively. The 8.20% Series A Cumulative Redeemable Preferred Stock and 8.250% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock distributions were also detailed.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.05%
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dividends
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Rhea-AI Summary
Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) authorized a $50 million repurchase of its preferred stock, including its 8.20% Series A Cumulative Redeemable Preferred Stock and its 8.250% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock. The repurchase will be conducted through open market or privately negotiated transactions, subject to market conditions and SEC rules.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.24%
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buyback
Rhea-AI Summary
Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) declares $0.15 dividend per share on common stock for Q4 2023 and $0.5125 and $0.515625 dividends per share on Series A and Series B Preferred Stock respectively.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.05%
Tags
dividends earnings
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Rhea-AI Summary
Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) reported third-quarter 2023 results. The company had a GAAP net income of $13.1 million, or $0.49 per share. Earnings available for distribution were $4.4 million, or $0.16 per diluted share. Common book value per share was $4.99. The company declared a regular common dividend of $0.15 per share, with an annualized dividend yield of 19.5%. Aggregate portfolio leverage stood at 4.4x, and the company had unrestricted cash of $44.7 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.32%
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Rhea-AI Summary
Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) will release its third quarter 2023 financial results on November 2, 2023, after the market closes. A conference call will be held at 5:00 pm Eastern Time on the same day to discuss the results. The conference call will be available via live webcast on the Company's website, and an online archive of the webcast will be available for 1 year. Participants can also join the conference call by registering on the Company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.36%
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Rhea-AI Summary
Cherry Hill Mortgage Investment Corporation declares dividends for Q3 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.02%
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dividends earnings
Cherry Hill Mortgage Investment Corporation

NYSE:CHMI

CHMI Rankings

CHMI Stock Data

101.90M
29.86M
0.48%
18.6%
1.78%
Other Financial Vehicles
Finance and Insurance
Link
United States
Farmingdale

About CHMI

cherry hill mortgage investment corp (chmi) is a financial services company located in 301 harper dr, moorestown, nj, united states.