Moreover, the 36-month beta value for CHMI is 1.43. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for CHMI is 31.40M and currently, short sellers hold a 1.49% of that float. On December 31, 2024, CHMI’s average trading volume was 277.86K shares.
CHMI) stock’s latest price update
Cherry Hill Mortgage Investment Corporation (NYSE: CHMI)’s stock price has gone decline by -6.52 in comparison to its previous close of 2.76, businesswire.com reported 2024-12-12 that FARMINGDALE, N.J.–(BUSINESS WIRE)–Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) today announced that its Board of Directors declared a dividend of $0.15 per share on the Company’s common stock for the fourth quarter of 2024. The dividend will be payable in cash on January 31, 2025 to holders of the common stock of record as of the close of business on December 31, 2024. Additionally, Cherry Hill announced that its Board of Directors has declared a dividend of $0.5125 per share on t.
CHMI’s Market Performance
Cherry Hill Mortgage Investment Corporation (CHMI) has experienced a 0.00% fall in stock performance for the past week, with a -6.86% drop in the past month, and a -25.22% drop in the past quarter. The volatility ratio for the week is 4.04%, and the volatility levels for the past 30 days are at 2.96% for CHMI. The simple moving average for the past 20 days is -2.31% for CHMI’s stock, with a -24.54% simple moving average for the past 200 days.
Analysts’ Opinion of CHMI
Piper Sandler, on the other hand, stated in their research note that they expect to see CHMI reach a price target of $10.50, previously predicting the price at $12.50. The rating they have provided for CHMI stocks is “Neutral” according to the report published on November 10th, 2020.
FBR & Co. gave a rating of “Buy” to CHMI, setting the target price at $19.50 in the report published on October 10th of the previous year.
CHMI Trading at -10.42% from the 50-Day Moving Average
After a stumble in the market that brought CHMI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -37.15% of loss for the given period.
Volatility was left at 2.96%, however, over the last 30 days, the volatility rate increased by 4.04%, as shares sank -2.06% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -24.64% lower at present.
During the last 5 trading sessions, CHMI rose by +1.36%, which changed the moving average for the period of 200-days by -23.76% in comparison to the 20-day moving average, which settled at $2.64. In addition, Cherry Hill Mortgage Investment Corporation saw -36.14% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CHMI starting from Lown Jeffrey B, who purchase 10,000 shares at the price of $2.58 back on Nov 22 ’24. After this action, Lown Jeffrey B now owns 40,128 shares of Cherry Hill Mortgage Investment Corporation, valued at $25,780 using the latest closing price.
Stock Fundamentals for CHMI
Current profitability levels for the company are sitting at:
- -0.63 for the present operating margin
- 0.73 for the gross margin
The net margin for Cherry Hill Mortgage Investment Corporation stands at -0.97. The total capital return value is set at -0.01. Equity return is now at value -13.30, with -2.19 for asset returns.
Based on Cherry Hill Mortgage Investment Corporation (CHMI), the company’s capital structure generated 0.39 points at debt to capital in total, while cash flow to debt ratio is standing at 0.05. The debt to equity ratio resting at 0.64. The interest coverage ratio of the stock is -0.39.
Currently, EBITDA for the company is -9.19 million with net debt to EBITDA at 6.62. When we switch over and look at the enterprise to sales, we see a ratio of 5.42. The receivables turnover for the company is 3.79for trailing twelve months and the total asset turnover is 0.02.
Conclusion
To wrap up, the performance of Cherry Hill Mortgage Investment Corporation (CHMI) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
