Cherry Hill Mortgage Preferred Stock Set for Ex-Dividend Decline

Cherry Hill Mortgage's preferred stock CHMI.PRA will trade ex-dividend on 12/31/24. Investors can expect a 2.26% decline in share price upon opening. This could indicate a slight negative sentiment.

Date: 31-12-2024

AI Rating: 5

Earnings Per Share (EPS)

EPS is not mentioned in the report, so there is no analysis available for this metric.

Revenue Growth

There is no information about revenue growth provided in the report.

Net Income

No data regarding net income is included in this report.

Profit Margins

The report does not disclose any information on profit margins.

Free Cash Flow (FCF)

Details regarding free cash flow are absent in this analysis.

Return on Equity (ROE)

Return on equity is not discussed in the report.

The report mentions that Cherry Hill Mortgage's preferred stock (CHMI.PRA) will go ex-dividend with an announced quarterly dividend of $0.5125, which translates to about a 2.26% expected drop in share price. This suggests a negative sentiment, as investors tend to react to ex-dividend dates, typically lowering stock prices equivalent to the dividend amount. Furthermore, it highlights that the current yield of 8.82% exceeds the average yield in the 'Real Estate' preferred stock category (7.89%), which may offer a robust return against peers.

Stocks: CHMI