CHMI News and Press, Cherry Hill Mortgage Investment Corporation From 11/16/22

Summary Mortgage REITs - which were left for dead amid a historically brutal year across fixed-income markets - have rebounded in recent weeks as earnings results were not as catastrophic as feared. Mortgage REITs are now outperforming Equity REITs for the year, and we continue to...

Summary U.S. equity markets posted their best weekly gains since June as cooler-than-expected inflation data, election results suggesting "fiscal gridlock" in DC, and limited China re-openings raised hopes of peaking inflation. Climbing back out of "bear market" territory, the S&a...

Summary Huge rally in the sector today as rates plunged. CPI readings are still a poor metric for monetary policy. We’re seeing some deflation recently rather than inflation. Using the wrong metrics to evaluate policy and generate headlines leads investors to think infl...

Summary Following our prior article on the dramatic market failure between similar shares, the gap closed 6% in a week. In one case, that eliminated the problem with valuation. However, one share still has further to outperform. We're sharing some of our subscriber research on...

Summary U.S. equity markets slumped this week after the Federal Reserve approved another "jumbo" rate hike while lukewarm employment data pushed back the timeline for a potential "pivot" towards less-aggressive tightening. Retreating following its best week since November 2020, th...

Summary One of our picks today has about 40% upside to our recent targets in addition to a 12% yield. Rallying 40% would not even push the share price above book value. It would still have a modest discount. While share prices are down over 20% year-to-date, book value is actu...

Cherry Hill Mortgage Investment Corporation (CHMI) Q3 2022 Results Conference Call November 02, 2022 05:00 PM ET Company Participants Garrett Edson - Managing Director, ICR Jay Lown - President and CEO Julian Evans - Chief Investment Officer Michael Hutchby -...

Cherry Hill Mortgage press release ( NYSE: CHMI ): Q3 Non-GAAP EPS of $0.26 misses by $0.02 . Q3 net interest income $3.3M vs. $3.5M in Q2. Common book value per share of $6.05 at September 30, 2022. For further details see: Cherry Hill Mortgage Non-GAAP ...

Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) (“Cherry Hill” or the “Company”) today reported results for the third quarter 2022. Third Quarter 2022 Highlights GAAP net income applicable to common stockholders of $38.3 million, or $1....

Summary You want huge yield with upside? Here it is. Rising short-term rates could push yields even higher. The market failure here is painfully obvious. Other investors are paying far more for a very similar share. Get ready for charts, images, and tables because they...