Cherry Hill Mortgage Investment Corporation
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $108.0M
- Price
- $2.94
- % Change (Daily % change from the live per-ticker quote feed.)
- +0.34%
- Volume
- 329.0K
About
Cherry Hill Mortgage Investment Corporation (CHMI) is a financial entity specializing in residential real estate, dedicated to the acquisition, investment, and oversight of home loan-backed assets across the United States. The company structures its operations across distinct divisions, including Investments in Residential Mortgage-Backed Securities (RMBS), Investments in Servicing Related Assets, and an "All Other" segment. It actively manages a diverse portfolio composed of both RMBS and assets linked to mortgage servicing. For federal income tax purposes, Cherry Hill Mortgage Investment Corporation holds the designation of a real estate investment trust. This status generally exempts the company from federal corporate income taxes, contingent on its distribution of at least 90% of its taxable profits to its investors. Established in 2012, CHMI is headquartered in Farmingdale, New Jersey.
Quick stats
Shares outstanding36.7M
Computed float36.2M
Float / shares98.5%
Key info
SectorReal Estate
IndustryREIT - Mortgage
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001571776
Websitehttps://www.chmireit.com
AI Summary
AI-generated1/24
minorneutrallegal litigation
Are SUNS, VREX, CHMI, FBRX Obtaining Fair Deals for their Shareholders?
Halper Sadeh LLC is investigating the board of Cherry Hill Mortgage Investment Corporation (CHMI) regarding potential breaches of fiduciary duties tied to its proposed sale to TPG Mortgage Investment Trust.
Under the terms of the proposed transaction, CHMI shareholders would receive 0.3063 shares of TPG Mortgage common stock and $0.93 in cash for each share owned.
The law firm is soliciting shareholders to discuss their rights and options, potentially seeking increased consideration or additional disclosures on a contingent fee basis.