Analyst Price Target is $3.00
▲ +12.61% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Cherry Hill Mortgage Investment in the last 3 months. The average price target is $3.00, with a high forecast of $3.00 and a low forecast of $3.00. The average price target represents a 12.61% upside from the last price of $2.66.
Current Consensus is
Hold
The current consensus among 4 contributing investment analysts is to hold stock in Cherry Hill Mortgage Investment. This rating changed within the last month from a Moderate Buy consensus rating.
Cherry Hill Mortgage Investment Corporation, a residential real estate finance company, acquires, invests in, and manages residential mortgage assets in the United States. It operates through Investments in RMBS (residential mortgage-backed securities) and Investments in Servicing Related Assets segments. Cherry Hill Mortgage Investment Corporation qualifies as a real estate investment trust for federal income tax purposes. The company generally 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 Farmingdale, New Jersey.
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