PennyMac Mortgage Investment Trust (PMT)
Stock Price:
$17.46 USD
0.51 (3.01%)
Updated November 23, 12:03 PM EST - Market open
Key Info
| Market Cap |
1.72B |
| Revenue (ttm) |
427.85M |
| Net Income (ttm) |
3.15M |
| Shares Out |
98.79M |
| EPS (ttm) |
0.03 |
| PE Ratio |
582.00 |
| Forward PE |
7.37 |
| Dividend |
$1.60 |
| Dividend Yield |
9.16% |
Stock Quote
| Trading Day |
November 23 |
| Last Price |
$17.46 |
| Previous Close |
$16.95 |
| Change ($) |
0.51 |
| Change (%) |
3.01% |
| Day's Open |
17.16 |
| Day's Range |
17.14 - 17.49 |
| Day's Volume |
258,280 |
| 52-Week Range |
3.50 - 23.79 |
More Stats
| Market Cap |
1.72B |
| Enterprise Value |
9.18B |
| Earnings Date (est) |
Feb 11, 2021 |
| Ex-Dividend Date |
Oct 14, 2020 |
| Shares Outstanding |
98.79M |
| Float |
96.81M |
| EPS (basic) |
0.08 |
| EPS (diluted) |
0.03 |
| FCF / Share |
-0.01 |
| Dividend |
$1.60 |
| Dividend Yield |
9.16% |
| Earnings Yield |
0.17% |
| FCF Yield |
n/a |
| Payout Ratio |
1,987.50% |
| Shares Short |
5.82M |
| Short Ratio |
8.39 |
| Short % of Float |
6.01% |
| Beta |
1.17 |
| PE Ratio |
582.00 |
| Forward PE |
7.37 |
| P/FCF Ratio |
n/a |
| PS Ratio |
4.03 |
| PB Ratio |
0.85 |
| Revenue |
427.85M |
| Operating Income |
65.11M |
| Net Income |
3.15M |
| Free Cash Flow |
-832,000 |
| Net Cash |
-7.45B |
| Net Cash / Share |
-75.42 |
| Gross Margin |
56.16% |
| Operating Margin |
15.22% |
| Profit Margin |
0.70% |
| FCF Margin |
-0.19% |
| ROA |
0.27% |
| ROE |
1.25% |
| ROIC |
0.40% |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Forecasts
Analyst Ratings (7)
| Buy |
3 |
| Overweight |
0 |
| Hold |
4 |
| Underweight |
0 |
| Sell |
0 |
Analyst Consensus: Overweight
Price Target
$19.14*
(9.62% upside)
Low
17.0
Current: $17.46
High
21.0
Target: 19.14
*Average 12-month price target from 7 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 489 | 351 | 318 | 272 | 249 | 357 | 406 | 304 | 112 | 44.05 |
| Revenue Growth | 39.24% | 10.42% | 16.85% | 9.38% | -30.27% | -12.03% | 33.6% | 171.81% | 153.48% | - |
| Gross Profit | 489 | 351 | 318 | 272 | 249 | 357 | 406 | 304 | 112 | 44.05 |
| Operating Income | 191 | 158 | 125 | 61.76 | 73.30 | 179 | 215 | 187 | 72.50 | 27.85 |
| Net Income | 226 | 153 | 118 | 75.81 | 90.10 | 195 | 200 | 138 | 64.44 | 24.48 |
| Shares Outstanding | 78.99 | 60.90 | 66.14 | 68.64 | 74.45 | 73.50 | 63.43 | 43.55 | 26.40 | 16.78 |
| Earnings Per Share | 2.42 | 1.99 | 1.48 | 1.08 | 1.16 | 2.47 | 2.96 | 3.14 | 2.41 | 1.44 |
| EPS Growth | 21.61% | 34.46% | 37.04% | -6.9% | -53.04% | -16.55% | -5.73% | 30.29% | 67.36% | - |
| Dividend Per Share | 1.88 | 1.88 | 1.88 | 1.88 | 2.16 | 2.99 | 2.28 | 2.79 | 1.84 | 0.77 |
| Dividend Growth | 0% | 0% | 0% | -12.96% | -27.76% | 31.14% | -18.28% | 51.63% | 138.96% | - |
| Operating Cash Flow | -2,985 | -574 | 223 | -622 | -863 | -366 | -243 | -820 | -284 | -22.79 |
| Free Cash Flow | -2,985 | -574 | 223 | -622 | -863 | -366 | -243 | -820 | -284 | -22.79 |
| Cash & Equivalents | 104 | 59.85 | 77.65 | 34.48 | 58.11 | 76.39 | 27.41 | 33.76 | 14.59 | 45.45 |
| Total Debt | 9,140 | 6,057 | 3,924 | 4,835 | 4,191 | 3,159 | 2,682 | 1,249 | 785 | 249 |
| Net Cash / Debt | -9,036 | -5,997 | -3,846 | -4,801 | -4,132 | -3,083 | -2,654 | -1,215 | -770 | -203 |
| Assets | 11,771 | 7,813 | 5,605 | 6,358 | 5,827 | 4,897 | 4,311 | 2,560 | 1,386 | 589 |
| Liabilities | 9,320 | 6,247 | 4,060 | 5,006 | 4,331 | 3,319 | 2,844 | 1,358 | 840 | 269 |
| Book Value | 2,451 | 1,566 | 1,545 | 1,351 | 1,496 | 1,578 | 1,467 | 1,201 | 546 | 320 |
Numbers in millions USD, except per-share numbers.
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.