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PennyMac Mortgage Investment Trust (PMT)

Stock Price: $19.32 USD 0.35 (1.85%)
Updated Mar 1, 2021 4:00 PM EST - Market closed
After-hours: $19.30 -0.02 (-0.10%) Mar 1, 7:37 PM
Market Cap 1.89B
Revenue (ttm) 469.35M
Net Income (ttm) 27.44M
Shares Out 99.37M
EPS (ttm) 0.27
PE Ratio 71.56
Forward PE 6.65
Dividend $1.52
Dividend Yield 7.87%
Trading Day March 1
Last Price $19.32
Previous Close $18.97
Change ($) 0.35
Change (%) 1.85%
Day's Open 19.46
Day's Range 19.21 - 19.59
Day's Volume 463,381
52-Week Range 3.17 - 20.23

News

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Business Wire - 8 hours ago

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., pl...

Business Wire - 5 days ago

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 continu...

Business Wire - 2 weeks ago

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 o...

Zacks Investment Research - 3 weeks ago

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 s...

Benzinga - 3 weeks ago

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 ...

Business Wire - 3 weeks ago

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 sh...

Zacks Investment Research - 3 weeks ago

Top Ranked Income Stocks to Buy for February 2nd

Other stocks mentioned: APAM, ENLC, NS
Zacks Investment Research - 1 month ago

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.

Business Wire - 1 month ago

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 ...

Zacks Investment Research - 1 month ago

Top Ranked Income Stocks to Buy for January 26th

Other stocks mentioned: NRZ, SNP, VOD
Business Wire - 1 month ago

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 annou...

Other stocks mentioned: PFSI
Zacks Investment Research - 1 month ago

Top Ranked Income Stocks to Buy for January 11th

Other stocks mentioned: BGS, SUN, TNP
Seeking Alpha - 1 month ago

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

Business Wire - 2 months ago

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 benef...

Business Wire - 2 months ago

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 organiza...

Other stocks mentioned: PFSI
Zacks Investment Research - 2 months ago

Top Ranked Income Stocks to Buy for December 10th

Other stocks mentioned: ABR, CAPL
Zacks Investment Research - 3 months ago

Top Ranked Income Stocks to Buy for November 20th

Other stocks mentioned: RC, VOD, WDR
Business Wire - 3 months ago

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 ...

Business Wire - 3 months ago

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 sh...

Seeking Alpha - 4 months ago

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 ...

Other stocks mentioned: AGNCO, NLY, NYMT
Zacks Investment Research - 4 months ago

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.

Business Wire - 4 months ago

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 th...

Seeking Alpha - 4 months ago

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
Seeking Alpha - 4 months ago

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.

Zacks Investment Research - 4 months ago

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.

Seeking Alpha - 4 months ago

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 simi...

Seeking Alpha - 4 months ago

4 More Mortgage REITS For The Weekend

Other stocks mentioned: CHMI, NRZ, TWO
Seeking Alpha - 5 months ago

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, NLY, NYMT, NYMTM, NYMTN, NYMTO, NYMTP, PFF, TWO
Business Wire - 5 months ago

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 benef...

Business Wire - 5 months ago

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

Business Wire - 6 months ago

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 o...

Seeking Alpha - 6 months ago

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

Business Wire - 6 months ago

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 s...

Zacks Investment Research - 7 months ago

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.

Business Wire - 7 months ago

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 mar...

Seeking Alpha - 7 months ago

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

Other stocks mentioned: CMO, ORC
Seeking Alpha - 7 months ago

PennyMac Mortgage: Caution Warranted

Business Wire - 8 months ago

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 benef...

Seeking Alpha - 9 months ago

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

Zacks Investment Research - 10 months ago

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.

The Motley Fool - 10 months ago

Mark Calabria said he does not see any evidence of a systemic crisis among non-bank mortgage servicing firms.

Other stocks mentioned: FMCC, FNMA
Zacks Investment Research - 10 months ago

PennyMac Mortgage (PMT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Zacks Investment Research - 11 months ago

PennyMac Mortgage (PMT) saw a big move last session, as its shares jumped nearly 8% on the day, amid huge volumes.

Zacks Investment Research - 11 months ago

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to th...

The Motley Fool - 11 months ago

These stocks remain positioned to maintain or increase their 5%-plus dividend yields. They could be good buys at current discounted prices.

Other stocks mentioned: ABBV, MO, T, XOM
Zacks Investment Research - 1 year ago

PennyMac Mortgage (PMT) delivered earnings and revenue surprises of 1.85% and 16.26%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the st...

Seeking Alpha - 1 year ago

PennyMac Mortgage Investment Trust (PMT) CEO David Spector on Q4 2019 Results - Earnings Call Transcript

Zacks Investment Research - 1 year ago

Top Ranked Income Stocks to Buy for February 6th

Other stocks mentioned: NGL, OPI
Zacks Investment Research - 1 year ago

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.

InvestorPlace - 1 year ago

These dividend stocks offer investors unbeatable income, and they are even poised for massive growth in the future.

Other stocks mentioned: CG, D, EQR, LDOS, PG, SO

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, 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 investi... [Read more...]

Industry
REIT-Mortgage
IPO Date
Jul 30, 2009
CEO
David A. Spector
Country
United States
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 19.47, which is an increase of 0.78% from the latest price.

Price Target
$19.47
(0.78% upside)
Analyst Consensus: Buy