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PennyMac Mortgage Investment Trust NYSE:PMT.PRB Stock Report

Last Price

US$23.83

Market Cap

US$1.1b

7D

-1.5%

1Y

2.8%

Updated

22 Dec, 2024

Data

Company Financials +

PennyMac Mortgage Investment Trust

NYSE:PMT.PRB Stock Report

Market Cap: US$1.1b

PMT.PRB Stock Overview

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

PMT.PRB fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance4/6
Financial Health0/6
Dividends2/6

Rewards

Price-To-Earnings ratio (9x) is below the US market (18.3x)

Earnings are forecast to grow 6.63% per year

Earnings grew by 14.6% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Dividend of 12.33% 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

ARMOUR Residential REIT

NYSE:ARR

US$1.1b

Ladder Capital

NYSE:LADR

US$1.5b

Franklin BSP Realty Trust

NYSE:FBRT

US$1.0b

MFA Financial

NYSE:MFA

US$1.1b

Price History & Performance

Summary of share price highs, lows and changes for PennyMac Mortgage Investment Trust
Historical stock prices
Current Share PriceUS$23.83
52 Week HighUS$25.21
52 Week LowUS$22.26
Beta1.47
1 Month Change-2.66%
3 Month Change-4.18%
1 Year Change2.85%
3 Year Change-7.06%
5 Year Change-9.08%
Change since IPO-3.52%

Recent News & Updates

Recent updates

Shareholder Returns

PMT.PRBUS Mortgage REITsUS Market
7D-1.5%-3.7%-2.4%
1Y2.8%-12.4%23.4%

Return vs Industry: PMT.PRB exceeded the US Mortgage REITs industry which returned -12.4% over the past year.

Return vs Market: PMT.PRB underperformed the US Market which returned 23.3% over the past year.

Price Volatility

Is PMT.PRB's price volatile compared to industry and market?
PMT.PRB volatility
PMT.PRB Average Weekly Movement1.0%
Mortgage REITs Industry Average Movement3.5%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: PMT.PRB has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: PMT.PRB's weekly volatility (1%) 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?
PMT.PRB fundamental statistics
Market capUS$1.13b
Earnings (TTM)US$125.10m
Revenue (TTM)US$807.05m

9.0x

P/E Ratio

1.4x

P/S Ratio

Is PMT.PRB overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PMT.PRB income statement (TTM)
RevenueUS$807.05m
Cost of RevenueUS$120.79m
Gross ProfitUS$686.25m
Other ExpensesUS$561.16m
EarningsUS$125.10m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.44
Gross Margin85.03%
Net Profit Margin15.50%
Debt/Equity Ratio558.1%

How did PMT.PRB perform over the long term?

See historical performance and comparison

Dividends

12.3%

Current Dividend Yield

111%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 00:00
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 23 analysts. 6 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
Derek HewettBofA Global Research