FMP

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PMT - PennyMac Mortga...

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PennyMac Mortgage Investment Trust

PMT

NYSE

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 activities. The company's Correspondent Production segment is involved in purchasing, pooling, and reselling newly originated prime credit residential loans directly or in the form of 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.

12.69 USD

-0.015 (-0.118%)

Historical Prices

From:

To:

12.5912.612.6312.6612.6912.7212.7409:30 AM09:40 AM09:49 AM10:00 AM10:13 AM10:23 AM10:39 AM10:53 AM11:05 AM11:15 AM11:30 AM11:42 AM11:56 AM12:14 PM12:29 PM12:45 PM01:09 PM01:22 PM01:34 PM

About

ceo

Mr. David A. Spector

sector

Real Estate

industry

REIT - Mortgage

exchange

NYSE

Description

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 activities. The company's Correspondent Production segment is involved in purchasing, pooling, and reselling newly originated prime credit residential loa...

CIK

0001464423

ISIN

US70931T1034

CUSIP

70931T103

Address

3043 Townsgate Road

Phone

818 224 7442

Country

US

Employee

7

IPO Date

Jul 30, 2009

Financial Statement

0100M200M300M400M500M600M2023 Q32023 Q42024 Q12024 Q22024 Q3RevenueNet Income

Earnings

00.10.20.30.40.50.62023 Q12023 Q22023 Q32023 Q42024 Q12024 Q22024 Q32024 Q4EPS Consensus

PMT Financial Summary

CIK

0001464423

Exchange

NYSE

Industry

REIT - Mortgage

Sector

Real Estate

CUSIP

70931T103

ISIN

US70931T1034

Country

US

Price

12.69

Beta

1.48

Volume Avg.

763.47k

Market Cap

1.1B

Shares

-

52-Week

11.77-15.22

DCF

13.98

ROE

-

ROA

-

Operating Margin

-

Debt/Equity

-

P/E

9.19

P/B

-

Website

https://www.pennymacmortgageinvestmenttrust.com

Upgrades and Downgrades

Rating Distribution

Buy0

Hold1

Sell0

TheFly

19 days ago
Jan 3, 2025

Hold

Hold

Latest PMT News

Davit Kirakosyan

Dec 31, 2024

Granite Point Mortgage Trust’s Outperform Rating Maintained ...

Raymond James analysts reaffirmed an Outperform rating and a $4 price target for Granite Point Mortgage Trust (NYSE:GPMT) following the company’s December 19 update. The reaffirmation highlights the progress made in resolving loan concerns and the potential for improved portfolio performance. Granite Point’s fourth-quarter dividend remained steady, meeting expectations, and the update revealed significant strides in addressing watch list loans. Three loans were resolved during the quarter, with ...

Seeking Alpha

Aug 22, 2024

PennyMac Preferred Shares And The Obvious Lawsuit

PennyMac Mortgage Investment Trust is a mortgage REIT with 3 series of preferred shares. PMT-A and PMT-B are fixed-to-floating preferred shares, but PennyMac announced they are fixed-rate due to the LIBOR Act. The claim looks about as realistic as a 7th grader announcing all the models that were at his secret party last weekend.

Seeking Alpha

Aug 16, 2024

10% Or Higher Dividend Yields

BDCs, mortgage REITs, preferred shares, and one baby bond. Most are yielding over 10%. I hope you're ready for the weekend. We're going to do quick coverage on each share. Some of these preferred share and baby bond combinations appear to be slightly mispriced.

Seeking Alpha

Aug 2, 2024

Bashing Big Yielders

Dividends need to be sustained to create value. We're highlighting a company that regularly falls short. I made some mistakes many years ago and I want to address them so we can all learn from them.

Seeking Alpha

Jul 25, 2024

2 Big Dividend Yielders And My Rant About Accounting

Accounting is driving a failure of efficient markets. The persistency of this market failure is absurd. Investors love LIBOR swaps and don't care for other tools that serve the same purpose. DX and AGNC are much more similar than investors think. This is primarily due to being clueless about accounting.

Seeking Alpha

Jul 23, 2024

PennyMac Mortgage Investment Trust (PMT) Q2 2024 Earnings Ca...

PennyMac Mortgage Investment Trust (NYSE:PMT ) Q2 2024 Earnings Conference Call July 23, 2024 6:00 PM ET Company Participants David Spector - Chairman and CEO Dan Perotti - CFO Conference Call Participants Jason Weaver - Jones Trading Doug Harter - UBS Crispin Love - Piper Sandler Bose George - KBW Matthew Howlett - B. Riley Financial Michael Kaye - Wells Fargo Operator Good afternoon, and welcome to PennyMac Mortgage Investment Trust Second Quarter Earnings Call.

Zacks Investment Research

Jul 23, 2024

PennyMac Mortgage (PMT) Misses Q2 Earnings and Revenue Estim...

PennyMac Mortgage (PMT) came out with quarterly earnings of $0.17 per share, missing the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.16 per share a year ago.

Seeking Alpha

Jul 21, 2024

Mortgage REITs Surging

After a terrible start to the year, mortgage REITs are hot in July. Don't tell ORC. They missed most of the rally. If only it was an opportunity to destroy book value. They're so good at that. Quick commentary on MAIN.

FMP

FMP

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