Cherry Hill Mortgage Investment (CHMI) Misses Q3 EPS by 1c

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Go back to Cherry Hill Mortgage Investment (CHMI) Misses Q3 EPS by 1c

Cherry Hill Mortgage Investment Corporation Announces Third Quarter 2023 Results

November 2, 2023 4:15 PM EDT

FARMINGDALE, N.J.--(BUSINESS WIRE)-- Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) (Cherry Hill or the Company) today reported results for the third quarter 2023.

Third Quarter 2023 Highlights

GAAP net income applicable to common stockholders of $13.1 million, or $0.49 per share. Earnings available for distribution (EAD) attributable to common stockholders of $4.4 million, or $0.16 per diluted share. Common book value per share of $4.99 at September 30, 2023. Declared regular common dividend of $0.15 per share, annualized common dividend yield was 19.5% based on the closing sale price of the Companys common... More