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Cherry Hill Mortgage Investment Corp (NASDAQ:CHMI)‘s stock had its “buy” rating reiterated by equities researchers at Citigroup Inc. in a research report issued on Thursday. They currently have a $22.00 target price on the stock, up from their previous target price of $21.00. Citigroup Inc.’s target price suggests a potential upside of 12.30% from the company’s current price.

Separately, analysts at JMP Securities initiated coverage on shares of Cherry Hill Mortgage Investment Corp in a research note on Thursday, August 7th. They set an “outperform” rating and a $21.50 price target on the stock. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. Cherry Hill Mortgage Investment Corp has a consensus rating of “Buy” and an average price target of $21.70.

Cherry Hill Mortgage Investment Corp (NASDAQ:CHMI) traded down 0.15% on Thursday, hitting $19.56. 1,218 shares of the company’s stock traded hands. Cherry Hill Mortgage Investment Corp has a 1-year low of $17.13 and a 1-year high of $20.56. The stock has a 50-day moving average of $19.92 and a 200-day moving average of $19.11. The company has a market cap of $146.9 million and a price-to-earnings ratio of 6.73.

Cherry Hill Mortgage Investment Corp (NASDAQ:CHMI) last issued its quarterly earnings data on Tuesday, August 12th. The company reported $0.49 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.50 by $0.01.

Cherry Hill Mortgage Investment Corporation is a residential real estate finance company. The Company focuses to acquire, invest in and manage residential mortgage assets in the United States.

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