Cherry Hill Mortgage Investment Corporation Announces Fourth Quarter and Full Year 2024 Results
Portfolio Pulse from
Cherry Hill Mortgage Investment Corporation (CHMI) reported its Q4 and full year 2024 results, with a GAAP net income of $9.1 million and earnings available for distribution of $3.3 million. The common book value per share was $3.82 as of December 31, 2024.
March 06, 2025 | 9:30 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Cherry Hill Mortgage Investment Corporation reported a GAAP net income of $9.1 million for Q4 2024, with earnings available for distribution at $3.3 million. The book value per share was $3.82.
The reported earnings and book value per share are key metrics for investors. The positive net income and earnings available for distribution suggest a stable financial performance, likely to positively impact CHMI's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100