Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) Given Consensus Recommendation of "Hold" by Brokerages

Brokerages have given Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) a consensus "Hold" rating, with an average 12-month price target of $3.00 against a recent price of $2.75. The REIT recently exceeded earnings expectations, reporting $0.15 EPS against a $0.13 consensus, and maintains a quarterly dividend of $0.10, yielding 14.5% annually. Institutional investors own 18.49% of the company, with some increasing their stakes.