earnings
confidence high
sentiment neutral
materiality 0.65
Cherry Hill Q1 2022: GAAP EPS $1.40, EAD $0.34, book value $7.27, dividend $0.27
Cherry Hill Mortgage Investment Corp
2022-Q1 EPS reported
$1.40
- GAAP net income applicable to common stockholders of $25.6M ($1.40/diluted share).
- Earnings available for distribution (EAD) of $6.2M, or $0.34 per diluted share.
- Common book value per share $7.27 at March 31, 2022; comprehensive loss of $17.9M attributable to common.
- Quarterly common dividend declared $0.27/share, annualized yield 16.0% at May 6 close.
- Aggregate portfolio leverage 3.6x, unrestricted cash $52.4M, RMBS carrying value $774.1M.