Cherry Hill Mortgage Investment Stock (NYSE:CHMI)
Previous Close
$2.37
52W Range
$2.17 - $3.04
50D Avg
$2.54
200D Avg
$2.57
Market Cap
$86.71M
Avg Vol (3M)
$213.77K
Beta
1.03
Div Yield
$0.45 (19.07%)
CHMI Company Profile
Cherry Hill Mortgage Investment Corporation (CHMI) is a financial entity specializing in residential real estate, dedicated to the acquisition, investment, and oversight of home loan-backed assets across the United States. The company structures its operations across distinct divisions, including Investments in Residential Mortgage-Backed Securities (RMBS), Investments in Servicing Related Assets, and an "All Other" segment. It actively manages a diverse portfolio composed of both RMBS and assets linked to mortgage servicing. For federal income tax purposes, Cherry Hill Mortgage Investment Corporation holds the designation of a real estate investment trust. This status generally exempts the company from federal corporate income taxes, contingent on its distribution of at least 90% of its taxable profits to its investors. Established in 2012, CHMI is headquartered in Farmingdale, New Jersey.