secwatch.observer — SEC 8-K summary
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Issuer:     Cherry Hill Mortgage Investment Corp (CHMI)
CIK:        0001571776
Form:       8-K
Filed at:   2024-03-07T23:59:59+00:00
Accession:  0001140361-24-011953
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cherry Hill Q4 2023 GAAP net loss $35.5M, EAD $0.17/share; book value $4.53
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- GAAP net loss of $35.5M ($1.29 per share) vs Q3 profit of $13.1M ($0.49 per share).
- Earnings available for distribution (EAD) of $4.5M, or $0.17 per diluted share, up from $0.16 in Q3.
- Common book value per share fell to $4.53 at Dec 31, 2023; declared $0.15/common dividend.
- Board authorized $50M preferred stock repurchase program; $6.1M repurchased as of March 7, 2024.
- Aggregate portfolio leverage at 4.2x; unrestricted cash $52.9M at quarter-end.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1571776/000114036124011953/0001140361-24-011953-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1571776/000114036124011953/ef20023427_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-011953

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