PennyMac Mortgage Investment Trust (PMT)

NYSE: PMT · IEX Real-Time Price · USD
14.50
-0.06 (-0.41%)
At close: Jul 19, 2024, 4:00 PM
14.62
+0.12 (0.83%)
Pre-market: Jul 22, 2024, 7:00 AM EDT
-0.41%
Market Cap 1.26B
Revenue (ttm) 412.86M
Net Income (ttm) 144.75M
Shares Out 86.85M
EPS (ttm) 1.49
PE Ratio 9.73
Forward PE 9.91
Dividend $1.60 (11.03%)
Ex-Dividend Date Jul 12, 2024
Volume 510,859
Open 14.56
Previous Close 14.56
Day's Range 14.37 - 14.65
52-Week Range 10.52 - 15.89
Beta 1.47
Analysts Buy
Price Target 15.07 (+3.93%)
Earnings Date Jul 23, 2024

About PMT

PennyMac Mortgage Investment Trust, through its subsidiary, primarily invests in mortgage-related assets in the United States. The company operates through: Credit Sensitive Strategies, Interest Rate Sensitive Strategies, Correspondent Production segments. Its Credit Sensitive Strategies segment invests in credit risk transfer (CRT) agreements, CRT securities, subordinate mortgage-backed securities (MBS), distressed loans, and real estate. The company’s Interest Rate Sensitive Strategies segment engages in investing in mortgage servicing rights... [Read more]

Industry REIT - Mortgage
Sector Real Estate
IPO Date Jul 30, 2009
Employees 7
Stock Exchange NYSE
Ticker Symbol PMT
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for PMT stock is "Buy." The 12-month stock price forecast is $15.07, which is an increase of 3.93% from the latest price.

Price Target
$15.07
(3.93% upside)
Analyst Consensus: Buy
Stock Forecasts

News

PennyMac Mortgage Investment Trust Announces Date for Release of Second Quarter 2024 Results

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) will announce results for the quarter ended June 30, 2024, in a news release to be issued after the market clo...

5 days ago - Business Wire

PennyMac Mortgage Investment Trust Announces Issuance of Term Notes Secured by Fannie Mae MSRs

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today the pricing of a private offering of secured term notes (the “Notes”) in an aggregate principa...

Other symbols: PRU
18 days ago - Business Wire

PennyMac Mortgage Investment Trust Declares Second Quarter 2024 Dividend for Its Common Shares

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its Board of Trustees declared a cash dividend of $0.40 per common share of beneficial in...

5 weeks ago - Business Wire

PennyMac Mortgage Investment Trust Announces SiSi Pouraghabagher Joined Its Board of Trustees

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that SiSi Pouraghabagher, an experienced financial services leader, has joined its Board of Tr...

5 weeks ago - Business Wire

PennyMac Mortgage Investment Trust Prices Private Placement of $200 Million of Exchangeable Senior Notes

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) (“PMT” or the “Company”) today announced the pricing of a private offering by its indirect wholly-owned subsid...

2 months ago - Business Wire

PennyMac Mortgage Investment Trust Announces Proposed Private Placement of Exchangeable Senior Notes

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) (“PMT” or the “Company”) today announced that its indirect wholly-owned subsidiary, PennyMac Corp. (“PMC”), pl...

2 months ago - Business Wire

PennyMac Mortgage Investment Trust Declares Second Quarter 2024 Dividends for Its Preferred Shares

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its Board of Trustees has declared cash dividends for the second quarter of 2024 on its 8...

2 months ago - Business Wire

PennyMac Mortgage Investment Trust Reports First Quarter 2024 Results

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net income attributable to common shareholders of $37.2 million, or $0.39 per common share on a...

3 months ago - Business Wire

PennyMac Mortgage Investment Trust Announces Date for Release of First Quarter 2024 Results

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) will announce results for the quarter ended March 31, 2024, in a news release to be issued after the market cl...

3 months ago - Business Wire

PennyMac Mortgage Investment Trust Declares First Quarter 2024 Dividend for Its Common Shares

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its Board of Trustees declared a cash dividend of $0.40 per common share of beneficial in...

4 months ago - Business Wire

PennyMac Mortgage Investment Trust Declares First Quarter 2024 Dividends for Its Preferred Shares

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its Board of Trustees has declared cash dividends for the first quarter of 2024 on its 8....

5 months ago - Business Wire

PennyMac Mortgage Investment Trust Reports Fourth Quarter and Full-Year 2023 Results

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net income attributable to common shareholders of $42.5 million, or $0.44 per common share on a...

6 months ago - Business Wire

PennyMac Mortgage Investment Trust Announces Date for Release of Fourth Quarter and Full-Year 2023 Results

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) will announce results for the quarter and year ended December 31, 2023, in a news release to be issued after t...

6 months ago - Business Wire

KBW Announces Index Rebalancing for Fourth-Quarter 2023

NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel F...

8 months ago - GlobeNewsWire

PennyMac Mortgage Investment Trust Declares Fourth Quarter 2023 Dividend for Its Common Shares

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its Board of Trustees declared a cash dividend of $0.40 per common share of beneficial in...

8 months ago - Business Wire

PennyMac Mortgage Investment Trust Declares Fourth Quarter 2023 Dividends for Its Preferred Shares

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its Board of Trustees has declared cash dividends for the fourth quarter of 2023 on its 8...

8 months ago - Business Wire

PennyMac Mortgage Investment Trust Reports Third Quarter 2023 Results

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net income attributable to common shareholders of $51.0 million, or $0.51 per common share on a...

9 months ago - Business Wire

PennyMac Mortgage Investment Trust Announces Date for Release of Third Quarter 2023 Results

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) will announce results for the quarter ended September 30, 2023, in a news release to be issued after the marke...

9 months ago - Business Wire

PennyMac Mortgage Investment Trust Announces Pricing of Public Offering of Senior Notes

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) (the “Company”) today announced that it has priced an underwritten public offering of $50,000,000 aggregate pr...

10 months ago - Business Wire

PennyMac Mortgage Investment Trust Announces Public Offering of Senior Notes

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) (the “Company”) today announced that it is commencing an underwritten public offering of senior notes due 2028...

10 months ago - Business Wire

Investors in This REIT Got a ‘Nasty' Surpise. Why It Pays to Read the Fine Print.

Investors in PennyMac's fixed-to-floating-rate preferred shares probably didn't expect the REIT to adhere strictly to the contract when Libor ceased to exist.

Other symbols: PFSI
11 months ago - Barrons

PennyMac Mortgage Investment Trust to Present at the 2023 Barclays Global Financial Services Conference

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that it will present jointly with PennyMac Financial Services, Inc. (NYSE: PFSI) at the 2023 B...

Other symbols: PFSI
11 months ago - Business Wire

PennyMac Financial Services, Inc. to Present at the 2023 Barclays Global Financial Services Conference

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) announced today that it will present jointly with PennyMac Mortgage Investment Trust (NYSE: PMT) at the 2023 B...

Other symbols: PFSI
11 months ago - Business Wire

PennyMac Mortgage Investment Trust Declares Third Quarter 2023 Dividend for Its Common Shares

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its Board of Trustees declared a cash dividend of $0.40 per common share of beneficial in...

11 months ago - Business Wire

PennyMac Mortgage Investment Trust Declares Third Quarter 2023 Dividends for Its Preferred Shares

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its Board of Trustees has declared cash dividends for the third quarter of 2023 on its 8....

1 year ago - Business Wire