Cherry Hill Mortgage Investment Corp has a consensus price target of $2.5, established from looking at the 6 latest analyst ratings. The last 3 analyst ratings were released from B. Riley Securities, B. Riley Securities, and B. Riley Securities on March 21, 2024, August 31, 2023, and June 1, 2023. With an average price target of $5.5 between B. Riley Securities, B. Riley Securities, and B. Riley Securities, there's an implied 55.37% upside for Cherry Hill Mortgage Investment Corp from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
03/21/2024 | CHMI | Buy Now | Cherry Hill Mortgage | $3.54 | 41.24% | B. Riley Securities | Matt Howlett | $5.5 → $5 | Reiterates | Buy → Buy | Get Alert |
08/31/2023 | CHMI | Buy Now | Cherry Hill Mortgage | $3.54 | 55.37% | B. Riley Securities | Matt Howlett | $6 → $5.5 | Maintains | Buy | Get Alert |
06/01/2023 | CHMI | Buy Now | Cherry Hill Mortgage | $3.54 | 69.49% | B. Riley Securities | Matt Howlett | $7 → $6 | Maintains | Buy | Get Alert |
10/25/2022 | CHMI | Buy Now | Cherry Hill Mortgage | $3.54 | 97.74% | B. Riley Securities | Matt Howlett | $8 → $7 | Maintains | Buy | Get Alert |
07/21/2022 | CHMI | Buy Now | Cherry Hill Mortgage | $3.54 | 125.99% | B. Riley Securities | Matt Howlett | $10.5 → $8 | Maintains | Buy | Get Alert |
08/11/2021 | CHMI | Buy Now | Cherry Hill Mortgage | $3.54 | — | JMP Securities | Steven Delaney | — | Downgrade | Market Outperform → Market Perform | Get Alert |
The latest price target for Cherry Hill Mortgage (NYSE: CHMI) was reported by B. Riley Securities on March 21, 2024. The analyst firm set a price target for $5.00 expecting CHMI to rise to within 12 months (a possible 42.45% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Cherry Hill Mortgage (NYSE: CHMI) was provided by B. Riley Securities, and Cherry Hill Mortgage reiterated their buy rating.
There is no last upgrade for Cherry Hill Mortgage.
The last downgrade for Cherry Hill Mortgage Investment Corp happened on August 11, 2021 when JMP Securities changed their price target from N/A to N/A for Cherry Hill Mortgage Investment Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cherry Hill Mortgage, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Cherry Hill Mortgage was filed on March 21, 2024 so you should expect the next rating to be made available sometime around March 21, 2025.
While ratings are subjective and will change, the latest Cherry Hill Mortgage (CHMI) rating was a reiterated with a price target of $5.50 to $5.00. The current price Cherry Hill Mortgage (CHMI) is trading at is $3.51, which is out of the analyst’s predicted range.
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