Cherry Hill Mortgage Investment (CHMI)
Acquires and manages mortgage servicing rights and RMBS tied to U.S. residential mortgages.
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Builds and manages a portfolio of mortgage servicing rights and residential mortgage-backed securities in the United States. Income comes from investments in servicing-related assets and RMBS, with hedging and leverage integral to the model.
Acquires and manages mortgage servicing rights, Agency RMBS, and other U.S. residential mortgage assets. Its two reportable segments are Investments in RMBS and Investments in Servicing Related Assets. Agency holdings are linked to Fannie Mae and Freddie Mac, while non-Agency RMBS may include securities backed by jumbo and non-qualified mortgages.
Mortgage servicing rights are acquired from mortgage servicers through flow or bulk purchases, and Agency RMBS are managed on a leveraged basis. Interest-rate swaps, TBAs, Treasury securities, futures, forwards, and other derivatives support hedging. The business depends on U.S. mortgage-prepayment behavior, interest rates, agency securities, and borrowing costs. It is internally managed after ending its external-management agreement.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 11, 2026 | Citigroup | Downgrade | ||
| Aug 11, 2026 | Citizens | Downgrade | ||
| Aug 10, 2026 | B. Riley | Downgrade | Rating: — | |
| Aug 10, 2026 | B.Riley Financial | Target | Target: — | Target: $3.10 |
| Jan 22, 2026 | Credit Suisse | Target | Target: — | Target: $3 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $1.34B · Total debt $1.15B · Total assets $1.40B · Shareholders' equity $226.4M
- Revenue
- $10.2M
- Operating income
- $3.9M
- Net income
- $3.7M
HistoryDividendAnnual yieldUpcoming
| Institutions | 16.73% | 6.18M shares | |
|---|---|---|---|
| 50 holders · as of Jun 30, 2026 | |||
| Insiders | 1.43% | 527.6K shares | |
| 6 holders · as of Jun 15, 2026 | |||
| Other | 81.84% | 30.24M shares | |
| remainder | |||
36.95M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Vanguard Capital Management LLCInstitution | 4.08% | 1.51M | as of Jun 30, 2026 |
Summit Financial, LLCInstitution | 2.76% | 1.02M | as of Jun 30, 2026 |
TPG GP A, LLCInstitution | 1.99% | 734,800 | as of Jun 30, 2026 |
Renaissance Technologies LLCInstitution | 1.52% | 562,984 | as of Jun 30, 2026 |
BlackRock, Inc.Institution | 1.29% | 475,688 | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Dec 10, 2025 | Sharon L. Cook | director | −7,427 | $2.49 |
- Annaly Capital Management
Agency MBS, residential credit, and mortgage servicing rights
- Rithm Capital
Scaled mortgage servicing and residential mortgage-investment platform
- AGNC
Leveraged Agency RMBS investments across major U.S. mortgage guarantors
- ARMOUR Residential REIT
Leveraged Agency MBS portfolio spanning conventional and Ginnie Mae pools
CompareAfter hours
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Cherry Hill Mortgage Investment | $2.88 | +0.90% | $104.7M | 16.1 | 5.1 | 1.3 | −79.6% |
| Annaly Capital Management | $21.52 | +0.40% | $16.06B | 5.3 | 6.9 | 2.2 | −50.1% |
| Rithm Capital | $9.69 | +0.47% | $5.33B | 15.9 | 4.3 | 0.9 | +205.4% |
| AGNC | $10.12 | +0.35% | $11.44B | 5.1 | 6.6 | 3.7 | — |
| ARMOUR Residential REIT | $15.05 | +0.39% | $1.72B | 4.0 | 5.2 | 1.7 | −41.6% |
| Median | 5.2 | 5.9 | 2.0 | −41.6% |