earnings
confidence high
sentiment neutral
materiality 0.55
Cherry Hill Q4 GAAP EPS $0.23, EAD $0.32, book value $8.56
Cherry Hill Mortgage Investment Corp
- GAAP net income applicable to common stockholders of $4.1M, or $0.23 per diluted share.
- Earnings available for distribution of $5.8M, or $0.32 per share; common dividend $0.27.
- Book value per share $8.56 at Dec 31, 2021; aggregate portfolio leverage 3.6x.
- Net interest income $3.0M; net servicing income $9.6M; MSR carrying value $218.7M.
- Q4 common dividend of $0.27 paid Jan 25, 2022; annualized yield 13.9% at March 14 close.