PennyMac Mortgage Investment Trust (PMT)

NYSE: PMT · Delayed Price · USD
15.88
-0.01 (-0.06%)
At close: May 25, 2022 4:00 PM
15.40
-0.48 (-3.02%)
Pre-market:May 26, 2022 4:11 AM EDT
Market Cap1.46B
Revenue (ttm)300.74M
Net Income (ttm)-68.99M
Shares Out91.95M
EPS (ttm)-0.73
PE Ration/a
Forward PE8.67
Dividend$1.88 (11.84%)
Ex-Dividend DateApr 13, 2022
Volume657,681
Open15.86
Previous Close15.89
Day's Range15.76 - 15.97
52-Week Range14.61 - 21.53
Beta1.09
AnalystsBuy
Price Target18.36 (+15.6%)
Earnings DateMay 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...

IndustryMortgage Real Estate Investment Trusts (REITs)
IPO DateJul 30, 2009
Employees1
Stock ExchangeNYSE
Ticker SymbolPMT
Full Company Profile

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 Statements

Analyst 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.

Price Target
$18.36
(15.62% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

6 days ago - Business Wire

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?

2 weeks ago - Zacks Investment Research

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...

2 weeks ago - Business Wire

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...

3 weeks ago - Business Wire

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...

1 month ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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.

Other symbols:ARIEFC
3 months ago - The Motley Fool

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 ...

Other symbols:PFSI
3 months ago - Business Wire

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...

3 months ago - Business Wire

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?

3 months ago - Zacks Investment Research

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 months ago - Business Wire

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...

Other symbols:AGNCNLY
3 months ago - InvestorPlace

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.

3 months ago - Zacks Investment Research

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 ...

3 months ago - Business Wire

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 ...

Other symbols:PFSI
4 months ago - Business Wire

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...

5 months ago - Business Wire

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...

Other symbols:PFSI
6 months ago - Business Wire

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...

6 months ago - Business Wire

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?

6 months ago - Zacks Investment Research

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...

6 months ago - Business Wire

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.

6 months ago - Zacks Investment Research

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...

6 months ago - Business Wire

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...

Other symbols:PFSI
7 months ago - Business Wire

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...

8 months ago - Business Wire