PennyMac Mortgage Investment Trust (PMT)
| Market Cap | 1.46B |
| Revenue (ttm) | 300.74M |
| Net Income (ttm) | -68.99M |
| Shares Out | 91.95M |
| EPS (ttm) | -0.73 |
| PE Ratio | n/a |
| Forward PE | 8.67 |
| Dividend | $1.88 (11.84%) |
| Ex-Dividend Date | Apr 13, 2022 |
| Volume | 657,681 |
| Open | 15.86 |
| Previous Close | 15.89 |
| Day's Range | 15.76 - 15.97 |
| 52-Week Range | 14.61 - 21.53 |
| Beta | 1.09 |
| Analysts | Buy |
| Price Target | 18.36 (+15.6%) |
| Earnings Date | May 5, 2022 |
About PMT
PennyMac Mortgage Investment Trust, a specialty finance company, primarily invests in mortgage-related assets in the United States. The company's Credit Sensitive Strategies segment invests in credit risk transfer (CRT) agreements, CRT securities, distressed loans, real estate, and non-agency subordinated bonds. Its Interest Rate Sensitive Strategies segment engages in investing in mortgage servicing rights, excess servicing spreads, and agency and senior non-agency mortgage-backed securities (MBS), as well as related interest rate hedging acti...
Financial Performance
In 2021, PMT's revenue was $420.30 million, a decrease of -10.45% compared to the previous year's $469.35 million. Earnings were $56.85 million, an increase of 8.56%.
Financial StatementsAnalyst Forecast
According to 15 analysts, the average rating for PMT stock is "Buy." The 12-month stock price forecast is 18.36, which is an increase of 15.62% from the latest price.
News
PennyMac Mortgage Investment Trust Declares Second Quarter 2022 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 2022 on its 8.1...
PennyMac Mortgage (PMT) Reports Q1 Loss, Tops Revenue Estimates
PennyMac Mortgage (PMT) delivered earnings and revenue surprises of -178.05% and 10.74%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
PennyMac Mortgage Investment Trust Reports First Quarter 2022 Results
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) today reported a net loss attributable to common shareholders of $29.6 million, or $(0.32) per common share on a...
PennyMac Mortgage Investment Trust Announces Date for Release of First Quarter 2022 Results
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) will announce results for the quarter ended March 31, 2022 in a news release to be issued after the market close...
PennyMac Mortgage Investment Trust Announces Date for 2022 Annual Meeting of Shareholders
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) today announced that it will hold its 2022 Annual Meeting of Shareholders at 11:00 a.m. Pacific Time on Wednesda...
PennyMac Mortgage Investment Trust Announces Catherine A. Lynch Has Joined Its Board of Trustees
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that Catherine A. Lynch, retired CEO and Chief Investment Officer of the National Railroad Retir...
PennyMac Mortgage Investment Trust Declares First Quarter 2022 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 $0.47 per common share of beneficial inte...
3 Ultra-High-Yielding Dividend Stocks to Buy With $1,000
By investing $1,000 in any one of these stocks, investors can expect a payout of close to or above $100 annually.
Pennymac Companies Launch ‘Greatness Lives Here' Brand Campaign Celebrating Home as the Foundation for Achieving Life...
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) and PennyMac Mortgage Investment Trust (NYSE: PMT) (collectively “Pennymac” or “the companies”) today announced ...
PennyMac Mortgage Investment Trust Declares First Quarter 2022 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 2022 on its 8.12...
PennyMac Mortgage (PMT) Reports Q4 Loss, Lags Revenue Estimates
PennyMac Mortgage (PMT) delivered earnings and revenue surprises of -157.14% and 60.11%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
PennyMac Mortgage Investment Trust Reports Fourth Quarter and Full-Year 2021 Results
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) today reported a net loss attributable to common shareholders of $27.3 million, or $(0.28) per common share on a...
3 Mortgage REITs with Very High Dividend Yields
Mortgage REITs aren't the safest of investments as they often rely on factors largely outside of the control. In all likelihood, interest rates are going higher in 2022 and possibly in 2023 as the Feder...
Earnings Preview: PennyMac Mortgage (PMT) Q4 Earnings Expected to Decline
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.
PennyMac Mortgage Investment Trust Announces Date for Release of Fourth Quarter and Full-Year 2021 Results
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) will announce results for the quarter and year ended December 31, 2021 in a news release to be issued after the ...
Pennymac Companies Unveil New Branding to Accelerate Reputation as Lifetime Homeownership Partners
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) and PennyMac Mortgage Investment Trust (NYSE: PMT) (collectively “Pennymac” or “the companies”) today announced ...
PennyMac Mortgage Investment Trust Declares Fourth Quarter 2021 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 $0.47 per common share of beneficial inte...
PennyMac Announces Organizational Changes and Update on Kurland Family Investments, LLC
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) and PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that Andrew S. Chang has decided to step down...
PennyMac Mortgage Investment Trust Declares Fourth Quarter 2021 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 2021 on its 8.1...
PennyMac Mortgage (PMT) Reports Q3 Loss, Lags Revenue Estimates
PennyMac Mortgage (PMT) delivered earnings and revenue surprises of -184.91% and -70.10%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
PennyMac Mortgage Investment Trust Reports Third Quarter 2021 Results
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) today reported a net loss attributable to common shareholders of $43.9 million, or $(0.45) per common share on a...
Earnings Preview: PennyMac Mortgage (PMT) Q3 Earnings Expected to Decline
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.
PennyMac Mortgage Investment Trust Announces Date for Release of Third Quarter 2021 Results
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) will announce results for the quarter ended September 30, 2021 in a news release to be issued after the market c...
PennyMac Companies Support Broker and Correspondent Partners By Offering Conforming High Balance Loan Amounts Up to $...
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) and PennyMac Mortgage Investment Trust (NYSE: PMT) (collectively “PennyMac”), leading companies in the residenti...
PennyMac Mortgage Investment Trust Declares Third Quarter 2021 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 $0.47 per common share of beneficial inte...