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Cherry Hill Mortgage Adopts New 2026 Executive Pay Plan

Story Highlights
  • Cherry Hill Mortgage’s board adopted a new 2026 executive pay plan on April 6, 2026, effective January 1, 2026, after reviewing compensation post-internalization.
  • The plan ties salaries, cash bonuses, and long-term equity awards to earnings, valuation, and total shareholder return metrics, significantly aligning executive pay with performance and shareholder outcomes.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Cherry Hill Mortgage Adopts New 2026 Executive Pay Plan

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The latest update is out from Cherry Hill Mortgage ( (CHMI) ).

On April 6, 2026, Cherry Hill Mortgage’s board approved a new 2026 Executive Compensation Plan, effective January 1, 2026, for its top executives, following a comprehensive post-internalization review led by the compensation committee and an external consultant. The plan introduces a three-part structure—base salary, a short-term cash incentive tied chiefly to earnings available for distribution return on equity and relative valuation metrics, and a long-term equity program split between time-based and performance-based awards linked to relative and absolute total shareholder return, creating a heavily performance-weighted pay mix that aligns management rewards with shareholder outcomes and market competitiveness.

For 2026, the board set base salaries of $900,000 for CEO Jay Lown, $550,000 for CIO Julian Evans, and $400,000 for CFO Apeksha Patel, with STIP bonus opportunities ranging from 20% to 75% of salary depending on role and performance against financial and individual goals. The LTIP uses rolling three-year performance periods starting 2026–2028 and offers substantial upside for outperforming peers and absolute return targets, bringing total potential 2026 compensation to ranges of $1.76 million–$2.79 million for Lown, $1.10 million–$1.79 million for Evans, and $800,000–$1.30 million for Patel, underscoring the company’s effort to attract, retain, and motivate executives in line with shareholder returns.

The most recent analyst rating on (CHMI) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on Cherry Hill Mortgage stock, see the CHMI Stock Forecast page.

Spark’s Take on CHMI Stock

According to Spark, TipRanks’ AI Analyst, CHMI is a Neutral.

The score is held back primarily by weak cash-flow quality and historically volatile results, alongside bearish technicals (sub-40 RSI and trading below key moving averages). Offsetting factors are a very high dividend yield and a cautiously positive earnings update with improving book value, strong liquidity, and prudent leverage, though mortgage/prepayment and mark-to-market risks remain meaningful.

To see Spark’s full report on CHMI stock, click here.

More about Cherry Hill Mortgage

Cherry Hill Mortgage Investment Corporation is a publicly traded real estate investment trust focused on residential mortgage assets. The company invests in a portfolio of mortgage-related assets and, following its transition to an internal management structure in November 2024, benchmarks its executive compensation against similarly sized, mortgage-focused public REITs.

Average Trading Volume: 198,192

Technical Sentiment Signal: Buy

Current Market Cap: $98.09M

See more data about CHMI stock on TipRanks’ Stock Analysis page.

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