earnings
confidence high
sentiment negative
materiality 0.75
Cherry Hill Q2 GAAP net loss $0.92/sh; EAD $0.28/sh covers $0.27 dividend; BV $6.73
Cherry Hill Mortgage Investment Corp
2022-Q2 EPS reported
$0.43
- GAAP net loss applicable to common stockholders of $17.6M, or $0.92 per diluted share.
- Earnings available for distribution (EAD) of $5.2M, or $0.28 per share; common dividend $0.27.
- Common book value per share fell to $6.73 at June 30, 2022; portfolio leverage 3.4x.
- MSR portfolio unpaid principal balance $20.7B, carrying value $263.6M; RMBS book value $752.9M.
- Unrestricted cash $61.5M; net interest spread on RMBS portfolio 3.46%.