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PennyMac Mortgage Investment Trust (PMT)

Stock Price: $17.89 USD -2.04 (-10.24%)
Updated Aug 7, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 1.79B
Revenue (ttm) 29.76M
Net Income (ttm) -421.84M
Shares Out 99.84M
EPS (ttm) -5.09
PE Ratio n/a
Forward PE 6.74
Dividend $1.60
Dividend Yield 8.94%

Stock Quote

Trading Day Aug 7, 2020
Last Price $17.89
Previous Close $19.93
Change ($) -2.04
Change (%) -10.24%
Day's Open 19.73
Day's Range 17.82 - 19.73
Day's Volume 2,605,580
52-Week Range 3.50 - 23.79

More Stats

Market Cap 1.79B
Enterprise Value 10.19B
Earnings Date (est) Oct 29, 2020
Ex-Dividend Date Jul 14, 2020
Shares Outstanding 99.84M
Float 81.35M
EPS (basic) -4.18
EPS (diluted) -5.09
FCF / Share -14.21
Dividend $1.60
Dividend Yield 8.94%
Earnings Yield n/a
FCF Yield n/a
Payout Ratio n/a
Shares Short 5.54M
Short Ratio 3.52
Short % of Float 6.76%
Beta 1.17
PE Ratio n/a
Forward PE 6.74
P/FCF Ratio n/a
PS Ratio 60.02
PB Ratio 1.28
Revenue 29.76M
Operating Income -436.90M
Net Income -421.84M
Free Cash Flow -1.42B
Net Cash -8.40B
Net Cash / Share -84.16
Gross Margin 2,166.95%
Operating Margin -1,468.11%
Profit Margin 359.40%
FCF Margin -4,787.55%
ROA -4.33%
ROE -23.76%
ROIC -2.30%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (9)

Buy 4
Overweight 0
Hold 5
Underweight 0
Sell 0

Analyst Consensus: Overweight

Price Target

$18.00*
(0.61% upside)
Low
11.0
Current: $17.89
High
22.0
Target: 18.00
*Average 12-month price target from 9 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue48935131827224935740630411244.05
Revenue Growth39.24%10.42%16.85%9.38%-30.27%-12.03%33.6%171.81%153.48%-
Gross Profit48935131827224935740630411244.05
Operating Income19616012761.7673.3017921518772.5027.85
Net Income22615311875.8190.1019520013864.4424.48
Shares Outstanding78.9960.9066.1468.6474.4573.5063.4343.5526.4016.78
Earnings Per Share2.421.991.481.081.162.472.963.142.411.44
EPS Growth21.61%34.46%37.04%-6.9%-53.04%-16.55%-5.73%30.29%67.36%-
Dividend Per Share1.881.881.881.882.162.992.282.791.840.77
Dividend Growth0%0%0%-12.96%-27.76%31.14%-18.28%51.63%138.96%-
Operating Cash Flow-2,985-574223-622-863-366-243-820-284-22.79
Free Cash Flow-2,985-574223-622-863-366-243-820-284-22.79
Cash & Equivalents10459.8577.6534.4858.1176.3927.4133.7614.5945.45
Total Debt9,1406,0573,9244,8354,1913,1592,6821,249785249
Net Cash / Debt-9,036-5,997-3,846-4,801-4,132-3,083-2,654-1,215-770-203
Assets11,7717,8135,6056,3585,8274,8974,3112,5601,386589
Liabilities9,3206,2474,0605,0064,3313,3192,8441,358840269
Book Value2,4511,5661,5451,3511,4961,5781,4671,201546320
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name PennyMac Mortgage Investment Trust
Country United States
Employees 1
CEO David A. Spector

Stock Information

Ticker Symbol PMT
Stock Exchange New York Stock Exchange
Sector Real Estate
Industry REIT—Mortgage
Unique Identifier NYSE: PMT
IPO Date July 30, 2009

Description

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, including firm commitment to purchase 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, excess servicing spreads, and agency and senior non-agency MBS; and related interest rate hedging activities. Its Correspondent Production segment engages in purchasing, pooling, and reselling newly originated prime credit residential loans directly or in the form of mortgage-backed securities (MBS). PNMAC Capital Management, LLC acts as the manager of PennyMac Mortgage Investment Trust. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its shareholders. PennyMac Mortgage Investment Trust was founded in 2009 and is headquartered in Westlake Village, California.