CHMI stock: buy or sell?
September 20th, 2019
Cherry Hill Mortgage Investment Corporation, a residential real estate finance company, acquires, invests in, and manages residential mortgage assets in the United States.
Should I buy CHMI stock?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Having a trading plan helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
None of our preferred buy setups matches with Cherry Hill Mortgage Investment stock situation right now, therefore this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Cherry Hill Mortgage Investment stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we found 1 rating published for CHMI stock in the last 30 days.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-9-5||JMP Securities||n/a||Market Outperform|
CHMI stock analysis
Shares of Cherry Hill Mortgage Investment remained stable a slightly fine 0.22% and closed at $13.62.
Cherry Hill Mortgage Investment shares remained constant 0.22% to $13.62 yesterday. CHMI is retaking the upward trend marking a new rising bottom heading to break out over $13.71.
After boosting an astounding 5.94% in a week last week, Cherry Hill Mortgage Investment closed this week at $13.62 and stayed constant a tight -0.07%. By mid August CHMI collapsed a scary -10.20% in just one week.
Far behind is the all-time high Cherry Hill Mortgage Investment recorded by mid March and since then the price is -23.91% below that top. Since price and 40-weeks moving average lines crossed down late April, CHMI fell $-3.38 per share (-19.88%). Trading stocks that are under the 40-weeks (that is, 200-days) moving average mark is not recommended by many experts, as it indicates that the stock has not enough institutional support.
CHMI stock price history
CHMI stock went public on October 4th, 2013 with a price of $9.661. Since then, CHMI stock grew a 41.00%, with an average of 8.20% per year. If you had invested right after CHMI's IPO a $1,000 in CHMI stock in 2013, it would worth $410.00 today.
1: Adjusted price after possible price splits or reverse-splits.
CHMI stock historical price chart
CHMI stock reached all-time highs on March with a price of $17.90.
CHMI stock price target is $16.00Nobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. Currently, only 1 price prediction for Cherry Hill Mortgage Investment stock was published in the last month:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
Financials and fundamental analysis
Earnings date and Earnings per ShareOn March, Cherry Hill Mortgage Investment presented its financial report, posting an extraordinary growth for the Earnings per Share (EPS) ratio. Analyst expected $0.51 per share, but Cherry Hill Mortgage Investment posted $0.66.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual revenues report draw an astounding increase of 64.17% to $108.49 million dollars. In contrast, its profit margin (compared to revenues) collapsed to 34.37%, that is $37.29 million.
|2013||$5.01 M||-||$21 M421.2%||-|
|2014||$25 M||398.22%||$2.35 M9.4%||-88.85%|
|2015||$29 M||17.91%||$13 M44.9%||461.58%|
|2016||$38 M||30.14%||$25 M64.8%||87.92%|
|2017||$66 M||72.54%||$47 M71.7%||90.72%|
|2018||$108 M||64.17%||$37 M34.4%||-21.27%|
Quarterly financial resultsCherry Hill Mortgage Investment posted $33.53 M in revenues for 2018-Q4, a 14.29% up compared to previous quarter. Reported quarter income marked $-38.31 million with a profit margin of -114.23%. Profit margin plummed a -206.72% compared to previous quarter when profit margin was 92.48%. When comparing revenues to same quarter last year, Cherry Hill Mortgage Investment sales marked an outstanding growth and boosted a 54.55%. Looking back to recent quarterly results, Cherry Hill Mortgage Investment posted 3 negative quarters in a row.
|2017-Q1||$16 M||-||$22 M138.1%||-|
|2017-Q2||$14 M||-15.19%||$-2 M-11.4%||-106.99%|
|2017-Q3||$18 M||33.91%||$7 M37.1%||-536.52%|
|2017-Q4||$22 M||18.96%||$20 M92.0%||195.06%|
|2018-Q2||$24 M||8.56%||$14 M58.0%||-31.52%|
|2018-Q3||$29 M||24.56%||$27 M92.5%||98.47%|
|2018-Q4||$34 M||14.29%||$-38 M-114.2%||-241.16%|
Cherry Hill Mortgage Investment ownershipWhen you are planning to buy a stock, it's worth to overview its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Cherry Hill Mortgage Investment, 7.00% of all outstanding shares are owned by its staff.
In case of Cherry Hill Mortgage Investment stock, 60.58% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for CHMI stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Cherry Hill Mortgage Investment:
|Market cap||$230.2 M||$3.7 B||$1.9 B||$3.4 B|
|Total shares||16.9 M||187.2 M||65.7 M||450.7 M|
|Float shares||14.7 M||185.7 M||62.6 M||447.1 M|
|- Institutional holdings (%)||60.6%||51.6%||72.2%||83.5%|
|- Insider holdings (%)||7.0%||1.1%||4.0%||0.5%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%|
|Friday, September 20th, 2019|
|Day range||$13.55 - $13.73|
|Average true range||$0.28|
|50d mov avg||$13.99|
|100d mov avg||$15.10|
|200d mov avg||$16.14|
Cherry Hill Mortgage Investment performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. For Cherry Hill Mortgage Investment, the comparison is made against Chimera Investment, Hannon Armstrong Sustainable Infrastructure Capital and MFA Financial.
|CHMICherry Hill Mortg...||-13.85%||-18.49%||-17.85%|
|HASIHannon Armstrong ...||6.58%||18.37%||41.48%|