Cherry Hill Mortgage Investment Corp

CHMI

Market cap $95.5M

I see compelling value in floating-rate preferred shares and baby bonds, especially as credit spreads widen and many now trade at discounts to call value. Recent market volatility and higher interest rates have created attractive entry points in select REITs, BDCs, preferred shares, and baby bonds. I've allocated a significant portion of my portfolio to preferred shares and baby bonds in March 2026.

Founded in 2012, Cherry Hill Mortgage Investment Corporation, a prominent real estate finance company ( NYSE:CHMI ) is flashing a 15.04% annualized dividend yield at a stock price of $2.66, trading at a meaningful discount to a book value of $3.44 per share.

U.S. equities slid to four-month lows as the escalating Iran war rattled markets, sending oil to three-year highs and interest rates higher amid tanker attacks, shipping disruptions, and intensifying strikes. Brent Crude jumped above $100 as attacks on shipping in the Strait of Hormuz and tanker explosions threatened global oil flows, fueling inflation fears and keeping investors on edge. The White House deployed emergency supply measures—including Russian crude purchases and potential strategic reserve releases—but markets remain skeptical they can offset disruptions to global energy flows.

TINTON FALLS, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) today announced that its Board of Directors declared a dividend of $0.10 per share on the Company's common stock for the first quarter of 2026. The dividend will be payable in cash on April 30, 2026 to holders of the common stock of record as of the close of business on March 31, 2026. Additionally, Cherry Hill announced that its Board of Directors has declared a dividend of $0.5125 per share on the Co.

Cherry Hill Mortgage Investment Corporation (CHMI) Q4 2025 Earnings Call Transcript

TINTON FALLS, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) (“Cherry Hill” or the “Company”) today reported results for the fourth quarter 2025. Fourth Quarter 2025 Highlights GAAP net income applicable to common stockholders of $5.3 million, or $0.14 per share. Earnings available for distribution (“EAD”) attributable to common stockholders of $3.9 million, or $0.11 per diluted share. Common book value per share of $3.44 at December 31, 2025. Declared regular c.

TINTON FALLS, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) today announced that the Company will release fourth quarter and full year 2025 financial results after the market closes on February 25, 2026. A conference call will be held the same day at 5:00 pm Eastern Time to review the Company's fourth quarter and full year 2025. Webcast: A live webcast of the conference call will be available in the investor relations section of the Company's website at www.chm.

Multiple mortgage REITs fell by over 10% on the day. The stock driving the bus of bad dropped 33% on Friday and is continuing lower today. Preferred shares and baby bonds have consistently outperformed on a risk-adjusted basis, prompting a portfolio shift towards these instruments for better yield and stability.

Cherry Hill Mortgage Investment Corporation preferred shares are downgraded to hold due to book value erosion and high leverage. CHMI's net interest income recently turned positive, aided by lower rates, but leverage has climbed from 3x to over 5x in four years. Short-term debt exposure and a historically low hedge ratio heighten CHMI's vulnerability to rising interest rates.

TINTON FALLS, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (the “Company” or “CHMI”) (NYSE: CHMI) today announced the estimated Federal income tax treatment of the Company's 2025 distributions on its common and preferred stock, as described below. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of the Company's distributions.   Common Stock     Total     Record Payable Distributions Total Ordinary Nondividend Date.