PennyMac Mortgage Investment Trust (PMT-PB)

$19.1

-0.09 (-0.47%)
Rating:
Recommendation:
-
Symbol PMT-PB
Price $19.1
Beta 1.122
Volume Avg. 0.01M
Market Cap 1.221B
Shares () -
52 Week Range 19.1-26.75
1y Target Est -
DCF Unlevered PMT-PB DCF ->
DCF Levered PMT-PB LDCF ->
ROE -6.25% Neutral
ROA -1.08% Neutral
Operating Margin -
Debt / Equity 538.32% Strong Buy
P/E -
P/B 0 Neutral
Annual
Quarter

Earnings

Consensus EPS

Upgrades & Downgrades


Mr. David A. Spector
Real Estate
REIT—Mortgage
New York Stock Exchange

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.