CSIMarket
 
Pennymac Mortgage Investment Trust  (PMT)
Other Ticker:  
 
 
Price: $14.1300 $-0.02 -0.141%
Day's High: $14.31 Week Perf: -1.6 %
Day's Low: $ 14.08 30 Day Perf: 2.17 %
Volume (M): 470 52 Wk High: $ 15.89
Volume (M$): $ 6,645 52 Wk Avg: $13.15
Open: $14.15 52 Wk Low: $10.52



 Market Capitalization (Millions $) 1,570
 Shares Outstanding (Millions) 111
 Employees 3,256
 Revenues (TTM) (Millions $) 724
 Net Income (TTM) (Millions $) 172
 Cash Flow (TTM) (Millions $) 177
 Capital Exp. (TTM) (Millions $) 0

Pennymac Mortgage Investment Trust
PennyMac Mortgage Investment Trust (PMT) is a publicly-traded residential mortgage REIT (Real Estate Investment Trust) that invests primarily in residential mortgage loans and mortgage-related assets. The company was founded in 2009 and is headquartered in Westlake Village, California.

PMT's focus is primarily on investing in and managing residential mortgage loans and mortgage-related assets that are backed by government-sponsored entities, such as Fannie Mae, Freddie Mac and Ginnie Mae. The companyes assets primarily consist of agency mortgage-backed securities, which are securities that represent interests in pools of residential mortgage loans.

The company's strategy is to generate income and preserve capital over the long term through investments in residential mortgage loans and securities. PMT generates revenue primarily by earning the spread between the interest rate earned on its mortgage loans and securities and the cost of financing its investments. The company also generates revenue through servicing fees and other ancillary fees related to its mortgage servicing business.

PMT has a highly experienced team of professionals in the mortgage industry who have experience in underwriting, risk management, and trading. The company also has a strong focus on risk management and has implemented several risk management practices to mitigate potential risks in its investments.

PMT's portfolio is diversified by geography, type of loan, and credit quality. The company invests in loans and securities in all 50 states and the District of Columbia. The types of loans and securities that PMT invests in include fixed-rate mortgages, adjustable-rate mortgages, jumbo loans, and other types of residential mortgage loans.

In addition to its investments in residential mortgage loans and securities, PMT has also recently expanded its operations to include mortgage servicing. The company provides mortgage servicing services to its clients, including loan administration, default management, and loss mitigation services.

PMT is listed on the New York Stock Exchange (NYSE) under the ticker symbol of PMT. The company has a market capitalization of approximately $2.4 billion and has generated strong returns for its shareholders since its inception. The company pays monthly dividends to its shareholders, with a current annual yield of approximately 8.6%.

In summary, PennyMac Mortgage Investment Trust is a well-established and highly regarded residential mortgage REIT that invests primarily in government-backed mortgage loans and securities. The company has a strong focus on diversification and risk management and has recently expanded into the mortgage servicing business. PMT has generated strong returns for its shareholders and pays a monthly dividend with a current annual yield of approximately 8.6%.


   Company Address: 3043 Townsgate Road Westlake Village 91361 CA
   Company Phone Number: 224-7442   Stock Exchange / Ticker: NYSE PMT
   


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
• View Complete Report
   



Dividend

PennyMac Mortgage Investment Trust Announces Q1 2024 Dividends, Demonstrating Continued Strength of Cash Flow

Published Thu, Feb 8 2024 1:00 PM UTC



WESTLAKE VILLAGE, Calif. ?? PennyMac Mortgage Investment Trust (NYSE: PMT) has recently declared cash dividends for the first quarter of 2024 on its preferred shares. With an increase in earnings per share in the third quarter of 2023, PMT's dividend payout ratio sequentially decreased to 313.57%. Despite this, the company's cash flow remains robust in comparison t...

Dividend

PennyMac Mortgage Investment Trust Strengthens Investor Confidence with Quarter Four Dividend and Impressive Stock Performance

Published Wed, Dec 6 2023 12:30 PM UTC



PennyMac Mortgage Investment Trust (PMT) has recently declared a cash dividend of $0.40 per common share of beneficial interest for the fourth quarter of 2023. This announcement comes as great news for common shareholders, as the company's stock has already witnessed a solid gain of 6.34% in the past week, with a cumulative increase of 14.6% over the year.
Arti...

Dividend

PennyMac Mortgage Investment Trust Declares Dividends for Q4 2023, Continues to Uphold Shareholder Confidence Amid Market Volatility

Published Thu, Nov 16 2023 12:30 PM UTC



WESTLAKE VILLAGE, Calif. ? PennyMac Mortgage Investment Trust (PMT) has recently made a significant announcement regarding the declaration of cash dividends for the fourth quarter of 2023 on their preferred shares. With the declaration made by the Board of Trustees, the 8.125% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Shares of Beneficial Inte...

Pennymac Mortgage Investment Trust

Pennymac Mortgage Investment Trust Reports 5000% Surge in Earnings per Share Despite Declining Revenue

The stock market has been filled with ups and downs recently, but there is one company that seems to be defying the odds and standing strong. Pennymac Mortgage Investment Trust has just announced some incredible financial results for the fiscal year ending September 30, 2023.
One of the most impressive numbers is the astonishing 5000% improvement in income, reaching $0.51 per share. This is an exceptional achievement that demonstrates the company's ability to adapt and thrive in this ever-changing market. While the overall revenue for the real estate investment trusts industry has seen a decline of -30.714%, Pennymac Mortgage Investment Trust has managed to shine bright amidst the darkness.

Pennymac Mortgage Investment Trust

Surging Profits at Pennymac Mortgage Investment Trust! Encouraging Growth Noted in Q2, 2023!

Pennymac Mortgage Investment Trust: An Optimistic Outlook Despite Short-Term Challenges
In the ever-changing landscape of the real estate investment industry, it is crucial to analyze and understand the financial performance of key players. For Pennymac Mortgage Investment Trust (PMT), the April to June 2023 interval has been a turning point for the company, showing glimpses of a positive future.
During this period, PMT reported a significant improvement in profits, with a per-share value of $0.16. This is a marked increase from a negative figure of $-0.32 in the same reporting season a year ago. While the earnings per share dropped by -68% compared to the preceding reporting season, the positive trajectory cannot be undermined.






 

Pennymac Mortgage Investment Trust's Segments
 
 
• View Complete Report




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com