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PennyMac Mortgage Investment Trust DB:8PM Stock Report

Last Price

€12.60

Market Cap

€1.1b

7D

5.9%

1Y

-4.2%

Updated

02 Feb, 2025

Data

Company Financials +

PennyMac Mortgage Investment Trust

DB:8PM Stock Report

Market Cap: €1.1b

8PM Stock Overview

Through its subsidiary, primarily invests in mortgage-related assets in the United States. More details

8PM fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance3/6
Financial Health1/6
Dividends2/6

Rewards

Price-To-Earnings ratio (9.9x) is below the German market (16.7x)

Earnings are forecast to grow 6.45% per year

Trading at good value compared to peers and industry

Risk Analysis

Dividend of 11.76% is not well covered by earnings or free cash flows

Debt is not well covered by operating cash flow


My Notes

Capture your thoughts, links and company narrative

PennyMac Mortgage Investment Trust Competitors

MLP

XTRA:MLP

€764.3m

Grenke

XTRA:GLJ

€744.8m

flatexDEGIRO

XTRA:FTK

€1.8b

Hypoport

XTRA:HYQ

€1.4b

Price History & Performance

Summary of share price highs, lows and changes for PennyMac Mortgage Investment Trust
Historical stock prices
Current Share PriceUS$12.60
52 Week HighUS$13.90
52 Week LowUS$11.70
Beta1.47
1 Month Change4.13%
3 Month Change3.28%
1 Year Change-4.18%
3 Year Change-13.82%
5 Year Change-41.12%
Change since IPO-3.82%

Recent News & Updates

Recent updates

Shareholder Returns

8PMDE Mortgage REITsDE Market
7D5.9%2.4%1.9%
1Y-4.2%-2.3%15.1%

Return vs Industry: 8PM underperformed the German Mortgage REITs industry which returned -2.3% over the past year.

Return vs Market: 8PM underperformed the German Market which returned 15.1% over the past year.

Price Volatility

Is 8PM's price volatile compared to industry and market?
8PM volatility
8PM Average Weekly Movement2.9%
Mortgage REITs Industry Average Movement3.4%
Market Average Movement4.8%
10% most volatile stocks in DE Market11.3%
10% least volatile stocks in DE Market2.4%

Stable Share Price: 8PM has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: 8PM's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20097David Spectorpmt.pennymac.com

PennyMac Mortgage Investment Trust, through its subsidiary, primarily invests in mortgage-related assets in the United States. The company operates through: Credit Sensitive Strategies, Interest Rate Sensitive Strategies, Correspondent Production segments. Its Credit Sensitive Strategies segment invests in credit risk transfer (CRT) agreements, CRT securities, subordinate mortgage-backed securities (MBS), distressed loans, and real estate.

PennyMac Mortgage Investment Trust Fundamentals Summary

How do PennyMac Mortgage Investment Trust's earnings and revenue compare to its market cap?
8PM fundamental statistics
Market cap€1.14b
Earnings (TTM)€114.96m
Revenue (TTM)€486.79m

9.9x

P/E Ratio

2.3x

P/S Ratio

Is 8PM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
8PM income statement (TTM)
RevenueUS$504.60m
Cost of RevenueUS$124.11m
Gross ProfitUS$380.50m
Other ExpensesUS$261.33m
EarningsUS$119.17m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.37
Gross Margin75.40%
Net Profit Margin23.62%
Debt/Equity Ratio625.7%

How did 8PM perform over the long term?

See historical performance and comparison

Dividends

11.8%

Current Dividend Yield

117%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/02 12:54
End of Day Share Price 2025/01/31 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

PennyMac Mortgage Investment Trust is covered by 18 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mark DeVriesBarclays
Mark DeVriesBarclays
Eric DrayBofA Global Research