earnings
confidence high
sentiment positive
materiality 0.70
Cherry Hill posts Q3 GAAP net income $13.1M ($0.49/sh) vs prior loss; BV $4.99
Cherry Hill Mortgage Investment Corp
2023-Q3 EPS reported
-$0.35
- GAAP net income of $13.1M ($0.49 diluted) vs prior quarter net loss of $0.03/sh.
- EAD attributable to common stockholders $4.4M ($0.16/sh), unchanged from prior quarter.
- Book value per share $4.99 at Sep 30, 2023; aggregate portfolio leverage 4.4x.
- Declared common dividend of $0.15/sh; annualized yield 19.5% based on Nov 1 price.
- Unrestricted cash $44.7M at quarter end.