Cherry Hill Mortgage Investment Corporation — Third Quarter 2026 Earnings Summary
Cherry Hill Mortgage Investment Corporation reported a GAAP net loss of $3.9 million, or $0.11 per share, for the third quarter of 2026, driven primarily by a $51.8 million unrealized loss on RMBS. Conversely, earnings available for distribution attributable to common stockholders reached $5.2 million, or $0.14 per diluted share, supported by $7.5 million in net servicing income and $4.5 million in net interest income. The company declared a regular common dividend of $0.10 per share, resulting in an annualized yield of 15.4% based on the October 28 closing price. Additionally, Cherry Hill announced a definitive merger agreement with TPG Mortgage Investment Trust, Inc., valued at $117.5 million, which precludes the hosting of a quarterly webcast or conference call.
- Company
- CHERRY HILL MORTGAGE INVESTMENT CORP
- Sector
- Financial Services
- Industry
- REIT - Mortgage