How to Buy Cherry Hill Mortgage Investment Stock
Cherry Hill Mortgage Investment Corp
Cherry Hill Mortgage Investment is a mortgage REIT company located in New Jersey, United States, which is part of the Real Estate sector, and is traded under the ticker CHMI on the NYSE exchange.
Cherry Hill Mortgage Investment stock last closed at $5.52, down 0.72% from the previous day, and has decreased 28.5% in one year. It has overperformed other stocks in the REIT - Mortgage industry by 0.07 percentage points. Cherry Hill Mortgage Investment stock is currently +20.52% from its 52-week low of $4.58, and -28.22% from its 52-week high of $7.69.
At the moment, there are 24.9M CHMI shares outstanding. The market cap of CHMI is $137.44M. In the last 24 hours, 653,599 CHMI shares were traded.
How to Buy Cherry Hill Mortgage Investment Stock
Not sure how to invest in Cherry Hill Mortgage Investment stock? Here's how.
- Figure out where to buy Cherry Hill Mortgage Investment stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you determine where to buy Cherry Hill Mortgage Investment stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Choose your payment method and add your info.
- Analyze Cherry Hill Mortgage Investment stock: The Cherry Hill Mortgage Investment ticker symbol is CHMI. Is Cherry Hill Mortgage Investment stock a good investment? Should you buy shares of CHMI? How do CHMI's underlying business fundamentals look? Do top analysts think Cherry Hill Mortgage Investment is a good buy? Why has CHMI's stock price moved recently? (Hint: Our stock analysis website can help you understand if CHMI is a good stock to buy).
- Execute your CHMI buy order: Decide if you will purchase CHMI shares at the current market price or use a limit order to buy CHMI shares at a given price.
- Get notifications regarding your investment in CHMI: Create a watchlist to keep track of your position in Cherry Hill Mortgage Investment stock.
Step 1: Figure out where to buy Cherry Hill Mortgage Investment stock
You need an online brokerage account in order to access the NYSE market and buy CHMI shares.
Our recommended brokerage: eToro
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Get $10 towards your stock purchase by opening an account with eToro now.
Open eToro AccountStep 2: Create a brokerage account
Now that you've selected your brokerage, you need to fill out some personal information so you can invest in CHMI stock today.
How to Set Up a New Investment Account on eToro
- Click here to get started.
- Input your personal data to open a new trading account.
- Submit your info by pressing the "Create Account" button.
Step 3: Fund your brokerage account
Now that you've finished signing up on one of the most highly reviewed stock market apps, you can securely and quickly fund your account:
Watch the video below for more details depositing money into your new brokerage account.
Step 4: Analyze Cherry Hill Mortgage Investment stock
After you have identified the best place to buy Cherry Hill Mortgage Investment stock, it's important to research their stock prior to buying, so you actually wrap your head around the risk as well as the opportunity.
Cherry Hill Mortgage Investment shares quick numbers
CHMI Due Diligence Checks
WallStreetZen was designed to help average investors do better fundamental analysis.
You can view all of the due diligence checks on CHMI's stock page.
Is CHMI stock overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge CHMI's fair value.
Using relative valuations metrics:
- CHMI could be overvalued based on its P/E ratio of 9.2x, relative to REIT - Mortgage industry P/E ratio of 3.36x
- CHMI may be undervalued based on its P/B ratio of 0.52x, relative to REIT - Mortgage industry P/B ratio of 0.67x
You can do additional valuation research on CHMI's stock here.
A look at CHMI Cashflows and Balance Sheet
Passed Financial Due Diligence Checks:
- CHMI earnings of $26.81M is not enough to cover its interest payments.
- Total CHMI debt is lower than 5 years ago, relative to shareholder equity.
- CHMI profit margin has gone up from 8.6% to 29.6% in the past year.
Failed Financial Due Diligence Checks:
- CHMI's operating cash flow of $59.91M allows it to safely service it's debt of $1.01B.
- CHMI has a relatively high debt to equity ratio of 4.36.
Is it a good time to buy CHMI stock, according to analysts?
Out of 1 sell side analysts who monitor CHMI, the consensus analyst rating on CHMI is a Strong Buy
Please keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
Most Recent CHMI Analyst Upgrades/Downgrades
Matthew Howlett, a bottom 16% analyst from B. Riley Securities maintains CHMI with a strong buy rating and lowers their CHMI price target from $8.00 to $7.00, on Oct 25, 2022.
You can dig deeper into what analysts are projecting on the Cherry Hill Mortgage Investment stock forecast page.
Metrics for Advanced CHMI Traders
How are CHMI Revenues/Earnings doing?
Last year, CHMI earnings were $11.89M. Over the last five year, CHMI's earnings have grown by -31.51% per year. This was slower than the REIT - Mortgage industry average of -3.74%.
Last year, CHMI revenue was $40.19M. In the past 5 year, CHMI's revenue has grown by -6.68% per year. This was slower than the REIT - Mortgage industry average of 8.3%.
You can analyze CHMI's earnings and revenue performance here.
Are CHMI executives and large shareholders buying or selling the stock?
In the last year, executives and large shareholders at CHMI have bought more shares than they have sold.
Jeffrey B. Lown, President of CHMI, was the latest CHMI insider to buy. They bought $7,693.50 worth of CHMI stock on Sep 29, 2022.
Learn more about who owns CHMI stock here.
Does CHMI stock generate passive income?
Cherry Hill Mortgage Investment pays a dividend of 19.57%, compared to the REIT - Mortgage industry's average dividend yield of 14.68%. If you owned $1,000 worth of CHMI stock, you would have been paid $195.65 last year.
Cherry Hill Mortgage Investment dividend payments have not consistently grown over the past decade and have not remained stable.
Get more data about Cherry Hill Mortgage Investment dividend yield and history here.
What others are saying about CHMI
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Execute your CHMI buy order
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly sufficient. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular price, place a limit order.
Click the Open button and eToro will place your order.
If you require additional help with investing in stocks on eToro, watch the how to video below:
Step 6: Get notifications regarding your investment in CHMI
Now that you own some CHMI shares, you'll want to stay up-to-date on your new stock purchase.
Create a watchlist to get notified of important updates regarding your CHMI stock.
CHMI Feed
How to Buy Stock in Cherry Hill Mortgage Investment
To reiterate, here are the 6 steps to buy stock in Cherry Hill Mortgage Investment:
- Figure out where to buy Cherry Hill Mortgage Investment stock
- Create a brokerage account
- Fund your brokerage account
- Analyze Cherry Hill Mortgage Investment stock
- Execute your CHMI buy order
- Get notifications regarding your investment in CHMI
If you require a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get the latest news on your investment in Cherry Hill Mortgage Investment, add CHMI to your watchlist by clicking the button below.
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