CHERRY HILL MTG I.C.DL-01

At Cherry Hill Mortgage's annual meeting all five nominated directors were re-elected and Ernst & Young was confirmed as auditor. Shareholders voted down a proposal that would have removed the board's sole authority to amend the bylaws. Compensation was approved in a non-binding vote. Cherry Hill reported weak Q1 results (EPS -$0.05, revenue $9.1 million) and the stock is rated as highly overvalued by InvestingPro, but offers a dividend yield of 16.88%. » Więcej na de.investing.com

Cherry Hill Mortgage reported Q1 2026 earnings per share of -$0.05 (estimate $0.12) and revenue of $9.1 million (estimate $11.1 million), resulting in a net loss of $2.0 million. Book value per share fell to $3.23 and economic return was -3.2%. Management cites geopolitical tensions (Iran conflict) as the main cause, but highlights a strong liquidity position of $47 million and an improved MSR valuation. For the second half of the year the company forecasts EPS of $0.13 (Q3) and $0.14 (Q4) and plans to prioritize portfolio and liquidity management. » Więcej na de.investing.com

Cherry Hill Mortgage Investment reported a Q1 GAAP net loss of $2 million (‑$0.05 per share) and book value per common share fell 6.1% to $3.23 as wider mortgage spreads and inflation expectations pressured results. Management said March portfolio adjustments and the MSR portfolio helped offset some weakness; MSR net assets represented about 41% of equity capital and had a market value near $213 million. Financial leverage was 5.5x with $47 million in unrestricted cash, and book value had recovered nearly 2% by April 30. The board declared a $0.10 common dividend and management expects elevated near‑term volatility but sees potential support from GSE demand and stabilizing mortgage rates. » Więcej na finance.yahoo.com