PennyMac Mortgage Investment Trust (PMT)
| Market Cap | 2.04B |
| Revenue (ttm) | 1.18B |
| Net Income (ttm) | 693.71M |
| Shares Out | 97.89M |
| EPS (ttm) | 7.01 |
| PE Ratio | 3.04 |
| Forward PE | 7.66 |
| Dividend | $1.74 |
| Dividend Yield | 8.17% |
| Trading Day | June 24 |
| Last Price | $21.31 |
| Previous Close | $20.79 |
| Change ($) | 0.52 |
| Change (%) | 2.50% |
| Day's Open | 20.92 |
| Day's Range | 20.82 - 21.32 |
| Day's Volume | 626,554 |
| 52-Week Range | 14.07 - 21.32 |
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) today announced an update regarding its combined virtual Investor Day with PennyMac Financial Services, Inc. (NY...
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that Renee R. Schultz, a Fannie Mae veteran and accomplished mortgage industry leader, has joine...
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 2021 on its 8.1...
PennyMac Mortgage (PMT) delivered earnings and revenue surprises of 11.67% and 11.18%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net income attributable to common shareholders of $65.4 million, or $0.67 per common share on a d...
PennyMac Mortgage (PMT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) will announce results for the quarter ended March 31, 2021 in a news release to be issued after the market close...
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) today announced that it will hold its 2021 Annual Meeting of Shareholders at 11:00 a.m. Pacific Daylight Time on...
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its Board of Trustees declared a cash dividend of $0.47 per common share of beneficial inte...
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) today announced the appointment of Doug Jones as President and Chief Mortgage Banking Officer, in conjunction wi...
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) (“PMT” or the “Company”) today announced the upsizing and pricing of a private offering by its indirect wholly-o...
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., plans to mak...
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) today announced the appointment of David A. Spector as Chairman of the Board. Mr. Spector will continue to serve...
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 2021 on its 8.12...
PennyMac Mortgage (PMT) delivered earnings and revenue surprises of 16.42% and 14.03%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
Shares of PennyMac Mortgage (NYSE:PMT) rose in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share increased 41.82% year over year to $0.78, which beat the e...
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net income attributable to common shareholders of $76.6 million, or $0.78 per common share on a d...
Top Ranked Income Stocks to Buy for February 2nd
PennyMac Mortgage (PMT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) will announce results for the quarter and year ended December 31, 2020 in a news release to be issued after the ...
Top Ranked Income Stocks to Buy for January 26th
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) along with its manager and service provider PennyMac Financial Services, Inc. (NYSE: PFSI) today announced the p...
Top Ranked Income Stocks to Buy for January 11th
PennyMac's 10.8% Yield And Margin Of Safety Look Quite Attractive
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its Board of Trustees declared a cash dividend of $0.47 per common share of beneficial inte...
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) today announced changes in the roles of certain of its executive officers in conjunction with organizational cha...
Top Ranked Income Stocks to Buy for December 10th
Top Ranked Income Stocks to Buy for November 20th
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 2020 on its 8.1...
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net income attributable to common shareholders of $93.3 million, or $0.94 per common share on a d...
Risk is still high, but we've got quality mortgage REITs at substantial discount to book value. We don't advocate going “all in,” but investors should be building positions. NLY, PMT and NYMT each demon...
PennyMac Mortgage (PMT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) will announce results for the quarter ended September 30, 2020 in a news release to be issued after the market c...
The residential housing market has been extraordinarily strong in 2020. We take a look at the dynamics and explain why we believe the market will remain strong.
The mortgage market has surprised many "experts" and has remained extremely strong. New data indicates that most mortgages coming off of forbearance are going back to making on-time payments.
PennyMac Mortgage (PMT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Our latest purchase in the sector is PMT. We think PMT is a great choice today following the substantial decline in share price since the Q2 2020 earnings. PMT has underperformed the most similar mortga...
4 More Mortgage REITS For The Weekend
We anticipate investors may switch their focus back and forth between 2020-Q4 and 2021-Q1 several times before the end of the 2020 calendar year.
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 inte...
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its President and Chief Executive Officer, David A.
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 2020 on its 8.12...
PennyMac Mortgage Investment Trust (PMT) CEO David Spector on Q2 2020 Results - Earnings Call Transcript
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net income attributable to common shareholders of $458.4 million, or $4.51 per common share on a ...
PennyMac Mortgage (PMT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) will announce results for the quarter ended June 30, 2020 in a news release to be issued after the market close ...
A few mortgage REITs have outperformed by a bit too much.
PennyMac Mortgage: Caution Warranted
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 inte...
PennyMac Mortgage Investment Trust (PMT) CEO David Spector on Q1 2020 Results - Earnings Call Transcript
About PMT
PennyMac Mortgage Investment Trust, a specialty finance company, invests primarily in mortgage-related assets in the United States. The company operates through Credit Sensitive Strategies, Interest Rate Sensitive Strategies, and Correspondent Production segments. Its Credit Sensitive Strategies segment invests in credit risk transfer (CRT) agreements, CRT securities, distressed loans, real estate, and non-agency subordinated bonds. The company's Interest Rate Sensitive Strategies segment engages in investing in mortgage servicing rights, exces... [Read more...]
| Industry REIT-Mortgage | IPO Date Jul 30, 2009 |
| Stock Exchange NYSE | Ticker Symbol PMT |
Financial Performance
In 2020, PMT's revenue was $469.35 million, a decrease of -3.98% compared to the previous year's $488.82 million. Earnings were $52.37 million, a decrease of -76.86%.
Analyst Forecasts
According to 9 analysts, the average rating for PMT stock is "Buy." The 12-month stock price forecast is 20.57, which is a decrease of -3.47% from the latest price.