earnings
confidence high
sentiment negative
materiality 0.65
Cherry Hill Q3 2021 GAAP net loss $6.2M ($0.36/shr); EAD $0.25/shr vs $0.48 YoY
Cherry Hill Mortgage Investment Corp
2021-Q3 EPS reported
-$0.10
- GAAP net loss applicable to common stockholders of $6.2M ($0.36/shr) vs $3.2M loss a year ago.
- Earnings available for distribution (EAD) fell to $4.2M ($0.25/shr) from $8.2M ($0.48) in Q3 2020.
- Book value per share $9.07 at Sept 30; aggregate portfolio leverage 3.2x; unrestricted cash $62.9M.
- Declared regular common dividend $0.27/shr (annualized yield ~11.8% at Nov 8 close).
- MSR portfolio unpaid principal balance $20.8B; carrying value $210.8M.