earnings
confidence high
sentiment negative
materiality 0.65
Cherry Hill Mortgage Q4 GAAP net loss $34.5M ($1.59/share); EAD $0.24/share
Cherry Hill Mortgage Investment Corp
- GAAP net loss applicable to common stockholders of $34.5M, or $1.59 per diluted share for Q4 2022.
- Earnings available for distribution (EAD) attributable to common stockholders of $5.3M, or $0.24 per share.
- Book value per common share stood at $6.06 as of December 31, 2022, down from prior periods.
- Declared quarterly common dividend of $0.27 per share; annualized yield 16.2% based on March 6 close.
- Aggregate portfolio leverage 3.8x; unrestricted cash $57.3M at quarter end.