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- $108.6MMarket Cap
- 18.23%1-Year Change
- REIT - MortgageIndustry
Cherry Hill REIT (CHMI)
Key Performance
More- Earnings Score: N/A
- Momentum Score: 75
- True Yield: N/A
- Financial Health Score: N/A
Latest Research & News
MITT (MITT) Q2 2026 Earnings Call Transcript
TPG Mortgage Investment Trust (MITT) reported Q2 2026 earnings with book value of $10.00 per share and EAD of $0.24 per share, fully covering its dividend. The company announced a definitive agreement to acquire Cherry Hill Mortgage Investment Corporation, expected to increase market capitalization by 36% and create a $750 million equity capital base. Management projects $7-9 million in annual cost synergies and approximately $0.20 in incremental annual EAD per share from resolving legacy commercial loans. The company continues to focus on home equity and non-agency residential mortgage strategies, with plans for over $1.25 billion in securitizations in Q3.
08/10/2026, 10:08 PM • The Motley Fool
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MoreInformation as of 08/21/2026
Company Profile
Cherry Hill Mortgage Investment Corporation, a residential real estate finance company, acquires, invests, and manages residential mortgage assets in the United States. It operates in two segments, Investments in RMBS and Investments in Servicing Related Assets. The trust qualifies as a real estate investment trust for federal income tax purposes. The company has elected to be taxed as a real estate investment trust (REIT) and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Cherry Hill Mortgage Investment Corporation was incorporated in 2012 and is based in Tinton Falls, New Jersey.
Key Executives
- Jeffrey Lown
- Julian Evans
- Susan Healey
- Raymond Slater
- Apeksha Patel
Current Ownership Distribution
- Institutions93.5M (72.05%)
- Mutual Funds34.9M (26.92%)
- Insiders1.3M (1.03%)
- Other0 (0.00%)