earnings
confidence high
sentiment neutral
materiality 0.60
Cherry Hill Q3 GAAP net income $38.3M ($1.90/share); EAD $0.26/share; book value $6.05
Cherry Hill Mortgage Investment Corp
2022-Q3 EPS reported
$2.42
- GAAP net income applicable to common stockholders of $38.3M, or $1.90 diluted EPS; EAD of $5.1M, or $0.26 per share.
- Common book value per share $6.05 at Sept 30, 2022; declared $0.27 quarterly common dividend.
- Net servicing income $10.7M, net interest income $3.3M; aggregate portfolio leverage 4.2x.
- MSR portfolio unpaid principal balance $21.4B, carrying value $279.0M at quarter end.
- CEO cited proactive hedging; EAD slightly below dividend level due to challenging macro environment.