CHMI stock: buy or sell?

CHMI stock price: $13.62 0.22% At close on September 20th, 2019

Updated on:
September 20th, 2019

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Cherry Hill Mortgage Investment remained steady a slightly fine 0.22% and closed at $13.62. Friday was the third climbing session in a row, marking 0.29%.

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

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.

Is CHMI a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-9-5JMP Securitiesn/aMarket Outperform

CHMI stock analysis

Daily outlook

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.

CHMI stock chart (daily)

Weekly outlook

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 chart (weekly)

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 $16.00

Nobody 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:
CHMI stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-9-5JMP SecuritiesReiterates$20.00$16.00-20%
(in average)$20.00$16.00-20.0%

Financials and fundamental analysis

Earnings date and Earnings per Share

On 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.
CHMI earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a2.9n/a
2017-Q2-n/a-0.12n/a
2017-Q32017-11-070.520.520.0%
2017-Q42018-03-160.520.579.6%
2018-Q12018-05-090.560.52-7.1%
2018-Q22018-08-080.510.5-2.0%
2018-Q32018-11-070.510.557.8%
2018-Q42019-03-180.510.6629.4%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared 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.

CHMI annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$5.01 M-$21 M421.2%-
2014$25 M398.22%$2.35 M9.4%-88.85%
2015$29 M17.91%$13 M44.9%461.58%
2016$38 M30.14%$25 M64.8%87.92%
2017$66 M72.54%$47 M71.7%90.72%
2018$108 M64.17%$37 M34.4%-21.27%

Quarterly financial results

Cherry 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.
CHMI quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$16 M-$22 M138.1%-
2017-Q2$14 M-15.19%$-2 M-11.4%-106.99%
2017-Q3$18 M33.91%$7 M37.1%-536.52%
2017-Q4$22 M18.96%$20 M92.0%195.06%
2018-Q2$24 M8.56%$14 M58.0%-31.52%
2018-Q3$29 M24.56%$27 M92.5%98.47%
2018-Q4$34 M14.29%$-38 M-114.2%-241.16%

Cherry Hill Mortgage Investment ownership

When 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:

CHMICIMHASIMFA
Market cap$230.2 M$3.7 B$1.9 B$3.4 B
Total shares16.9 M187.2 M65.7 M450.7 M
Float shares14.7 M185.7 M62.6 M447.1 M
  - Institutional holdings (%)60.6%51.6%72.2%83.5%
  - Insider holdings (%)7.0%1.1%4.0%0.5%
Shares in short selling0.0%0.0%0.0%0.0%

CHMI summary

Friday, September 20th, 2019
Open$13.59
Close$13.62
Day range$13.55 - $13.73
Previous close$13.59
Session gain0.22%
Average true range$0.28
50d mov avg$13.99
100d mov avg$15.10
200d mov avg$16.14
Daily patternlb02a
Weekly pattern

Cherry Hill Mortgage Investment performance

Performance 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.
Stock3m6m12m
CHMICherry Hill Mortg...-13.85%-18.49%-17.85%
CIMChimera Investmen...7.40%10.91%19.10%
HASIHannon Armstrong ...6.58%18.37%41.48%
MFAMFA Financial6.27%9.22%9.54%

Cherry Hill Mortgage Investment competitors

We picked a few stocks to conform a list of Cherry Hill Mortgage Investment competitors to examine if you are interested in investing in CHMI: