▲ +17.23% 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 $11.13, with a high forecast of $12.00 and a low forecast of $10.50. The average price target represents a 17.23% upside from the last price of $9.49.
The current consensus among 4 investment analysts is to buy stock in Cherry Hill Mortgage Investment. This Buy consensus rating has held steady for over two years.
Cherry Hill Mortgage Investment Corporation, a residential real estate finance company, acquires, invests in, and manages residential mortgage assets in the United States. The company operates through Investments in RMBS, Investments in Servicing Related Assets, and All Other segments. It manages a portfolio of servicing related assets, residential mortgage-backed securities (RMBS), and invest in prime residential mortgage loans, as well as other residential mortgage assets. The company qualifies as a real estate investment trust for federal income tax purposes. It 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 founded in 2012 and is based in Farmingdale, New Jersey.