Cherry Hill Mortgage Funding Co. (NYSE:CHMI – Get Rating) noticed a big progress briefly curiosity in March. As of March 31st, there was quick curiosity totalling 891,900 shares, a progress of 40.5% from the March 15th complete of 634,600 shares. Based mostly on a mean day by day buying and selling quantity, of 199,500 shares, the short-interest ratio is presently four.5 days.
Shares of NYSE:CHMI traded up $zero.04 throughout noon buying and selling on Friday, reaching $7.27. The corporate’s inventory had a buying and selling quantity of 120,739 shares, in comparison with its common quantity of 282,087. The agency has a market cap of $132.75 million, a price-to-earnings ratio of 55.92 and a beta of 1.15. Cherry Hill Mortgage Funding has a 1 12 months low of $6.93 and a 1 12 months excessive of $10.68. The enterprise has a 50 day shifting common value of $7.67 and a 200 day shifting common value of $eight.31.
Cherry Hill Mortgage Funding (NYSE:CHMI – Get Rating) final issued its earnings outcomes on Tuesday, March 15th. The actual property funding belief reported $zero.32 earnings per share for the quarter, beating the Zacks’ consensus estimate of $zero.28 by $zero.04. Cherry Hill Mortgage Funding had a return on fairness of 16.83% and a internet margin of 51.61%. Throughout the identical interval within the earlier 12 months, the corporate earned $zero.37 EPS. Analysts anticipate that Cherry Hill Mortgage Funding will publish 1.45 EPS for the present 12 months.
The enterprise additionally not too long ago disclosed a quarterly dividend, which will likely be paid on Tuesday, April 26th. Shareholders of document on Thursday, March 31st will likely be paid a dividend of $zero.27 per share. This represents a $1.08 dividend on an annualized foundation and a dividend yield of 14.86%. The ex-dividend date of this dividend is Wednesday, March 30th. Cherry Hill Mortgage Funding’s dividend payout ratio is presently 830.77%.
A number of institutional traders and hedge funds have not too long ago modified their holdings of CHMI. Concorde Asset Administration LLC lifted its stake in shares of Cherry Hill Mortgage Funding by 1.9% within the fourth quarter. Concorde Asset Administration LLC now owns 93,657 shares of the actual property funding belief’s inventory value $775,000 after buying a further 1,785 shares within the final quarter. Wiley BROS. Aintree Capital LLC lifted its stake in shares of Cherry Hill Mortgage Funding by 1.1% within the fourth quarter. Wiley BROS. Aintree Capital LLC now owns 168,313 shares of the actual property funding belief’s inventory value $1,392,000 after buying a further 1,892 shares within the final quarter. Invesco Ltd. lifted its stake in shares of Cherry Hill Mortgage Funding by three.6% within the third quarter. Invesco Ltd. now owns 54,792 shares of the actual property funding belief’s inventory value $487,000 after buying a further 1,914 shares within the final quarter. Citigroup Inc. elevated its holdings in Cherry Hill Mortgage Funding by 5.6% within the fourth quarter. Citigroup Inc. now owns 53,123 shares of the actual property funding belief’s inventory valued at $439,000 after shopping for a further 2,813 shares over the past quarter. Lastly, Two Sigma Investments LP elevated its holdings in Cherry Hill Mortgage Funding by 1.four% within the third quarter. Two Sigma Investments LP now owns 295,207 shares of the actual property funding belief’s inventory valued at $2,621,000 after shopping for a further four,080 shares over the past quarter. Institutional traders personal 27.73% of the corporate’s inventory.
Numerous equities analysis analysts have not too long ago commented on the corporate. Zacks Investment Research raised Cherry Hill Mortgage Funding from a “promote” score to a “maintain” score in a analysis report on Friday. StockNews.com assumed protection on Cherry Hill Mortgage Funding in a analysis report on Thursday, March 31st. They issued a “maintain” score for the corporate.
Cherry Hill Mortgage Funding Firm Profile (Get Rating)
Cherry Hill Mortgage Funding Company, a residential actual property finance firm, acquires, invests in, and manages residential mortgage belongings in the US. The corporate operates by Investments in RMBS (residential mortgage-backed securities), Investments in Servicing Associated Belongings, and All Different segments.
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