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PennyMac Mortgage Investment Trust (PMT)

Stock Price: $21.31 USD 0.52 (2.50%)
Updated Jun 24, 2021 3:26 PM EDT - Market open
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

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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...

Other stocks mentioned: PFSI
1 week ago - Business Wire

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...

4 weeks ago - Business Wire

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...

1 month ago - Business Wire

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?

1 month ago - Zacks Investment Research

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...

1 month ago - Business Wire

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.

1 month ago - Zacks Investment Research

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...

1 month ago - Business Wire

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...

2 months ago - Business Wire

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 months ago - Business Wire

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

4 months ago - Business Wire

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?

4 months ago - Zacks Investment Research

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...

4 months ago - Benzinga

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...

4 months ago - Business Wire

Top Ranked Income Stocks to Buy for February 2nd

Other stocks mentioned: APAM, ENLC, NS
4 months ago - Zacks Investment Research

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.

4 months ago - Zacks Investment Research

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 ...

4 months ago - Business Wire

Top Ranked Income Stocks to Buy for January 26th

Other stocks mentioned: NRZ, SNP, VOD
4 months ago - Zacks Investment Research

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...

Other stocks mentioned: PFSI
4 months ago - Business Wire

Top Ranked Income Stocks to Buy for January 11th

Other stocks mentioned: BGS, SUN, TNP
5 months ago - Zacks Investment Research

PennyMac's 10.8% Yield And Margin Of Safety Look Quite Attractive

5 months ago - Seeking Alpha

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...

6 months ago - Business Wire

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...

Other stocks mentioned: PFSI
6 months ago - Business Wire

Top Ranked Income Stocks to Buy for December 10th

Other stocks mentioned: ABR, CAPL
6 months ago - Zacks Investment Research

Top Ranked Income Stocks to Buy for November 20th

Other stocks mentioned: RC, VOD, WDR
7 months ago - Zacks Investment Research

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...

7 months ago - Business Wire

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...

7 months ago - Business Wire

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...

Other stocks mentioned: AGNCO, NLY, NYMT
7 months ago - Seeking Alpha

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.

7 months ago - Zacks Investment Research

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...

7 months ago - Business Wire

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.

Other stocks mentioned: CIM, PCI, PFSI
7 months ago - Seeking Alpha

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.

7 months ago - Seeking Alpha

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.

8 months ago - Zacks Investment Research

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...

8 months ago - Seeking Alpha

4 More Mortgage REITS For The Weekend

Other stocks mentioned: CHMI, NRZ, TWO
8 months ago - Seeking Alpha

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.

Other stocks mentioned: AGNC, AGNCB, AGNCM, AGNCN, AGNCO, ANH, CIM ...
8 months ago - Seeking Alpha

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...

9 months ago - Business Wire

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its President and Chief Executive Officer, David A.

9 months ago - Business Wire

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...

10 months ago - Business Wire

PennyMac Mortgage Investment Trust (PMT) CEO David Spector on Q2 2020 Results - Earnings Call Transcript

10 months ago - Seeking Alpha

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 ...

10 months ago - Business Wire

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.

10 months ago - Zacks Investment Research

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 ...

10 months ago - Business Wire

A few mortgage REITs have outperformed by a bit too much.

Other stocks mentioned: CMO, ORC
11 months ago - Seeking Alpha

PennyMac Mortgage: Caution Warranted

11 months ago - Seeking Alpha

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...

1 year ago - Business Wire

PennyMac Mortgage Investment Trust (PMT) CEO David Spector on Q1 2020 Results - Earnings Call Transcript

1 year ago - Seeking Alpha

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
Full Company Profile

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%.

Financial Statements

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.

Price Target
$20.57
(-3.47% downside)
Analyst Consensus: Buy