PennyMac Mortgage Investment Trust Management
Management criteria checks 4/4
PennyMac Mortgage Investment Trust's CEO is David Spector, appointed in Jan 2017, has a tenure of 15.67 years. directly owns 0.28% of the company’s shares, worth $2.97M. The average tenure of the management team and the board of directors is 4 years and 7.9 years respectively.
Key information
David Spector
Chief executive officer
US$1.0m
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 8yrs |
| CEO ownership | 0.3% |
| Management average tenure | 4yrs |
| Board average tenure | 7.9yrs |
Recent management updates
Recent updates
PennyMac Mortgage Investment Trust: Series C Preferred Shares Offer 8.2% Dividend Yield
Oct 29PennyMac Mortgage Investment Trust: Not Terrible But Not Attractive
Sep 11PennyMac Mortgage Investment Trust: This 11% Yielding mREIT May Cut Its Dividend Soon
Dec 07PennyMac: Pound Foolish
Aug 28PennyMac Mortgage: The 12% Yield Comes With A 17% Discount To Book
Jun 20PennyMac Mortgage Investment Trust: Recovery Is On The Way
May 25PennyMac Mortgage Investment Trust Q4 2022 Earnings Preview
Feb 01PennyMac Mortgage Investment Trust cuts dividend by 14.9% to $0.40/share
Dec 07PennyMac Mortgage Investment Trust declares $0.47 dividend
Sep 21PennyMac Mortgage: Bearish Earnings Trend And Price Action, But Improving Profit Outlook
Jun 28PennyMac Mortgage: 11% Dividend And 20% Upside Potential
Apr 06PennyMac Mortgage Investment Trust Just Missed EPS By 73%: Here's What Analysts Think Will Happen Next
Feb 06
PennyMac: Attractive Valuation But I Am Not Buying Yet
Dec 17CEO
David Spector (61 yo)
8yrs
Tenure
US$999,987
Compensation
Mr. David A. Spector has been the Chief Executive Officer of PennyMac Financial Services, Inc. since January 1, 2017. He served as President at PennyMac Financial Services, Inc. since February 2013 to Febr...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & CEO | 8yrs | US$999.99k | 0.28% $ 3.0m | |
| President | 3.8yrs | US$499.99k | 0.016% $ 173.9k | |
| Senior MD & CFO | 4yrs | US$499.99k | 0.093% $ 1.0m | |
| Senior MD | 6.9yrs | US$174.98k | 0.034% $ 366.5k | |
| Chief Investment Officer | less than a year | no data | no data | |
| Chief Accounting Officer | no data | no data | no data | |
| Executive Vice President of Investor Relations | 4yrs | no data | no data | |
| Senior MD & Chief Digital Officer | 2.3yrs | no data | 0.0089% $ 95.7k | |
| Senior Managing Director of Consumer Direct Lending Division | no data | no data | no data | |
| MD & Treasurer | no data | no data | no data | |
| First Vice President of Investor Relations | no data | no data | no data |
4.0yrs
Average Tenure
61yo
Average Age
Experienced Management: PMT's management team is considered experienced (4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & CEO | 15.7yrs | US$999.99k | 0.28% $ 3.0m | |
| President | 1.8yrs | US$499.99k | 0.016% $ 173.9k | |
| Independent Director | less than a year | no data | no data | |
| Independent Trustee | 15.4yrs | US$223.03k | 0.051% $ 547.6k | |
| Independent Trustee | 2.8yrs | US$216.79k | 0.035% $ 372.0k | |
| Independent Trustee | 15.4yrs | US$230.78k | 0.084% $ 909.5k | |
| Independent Trustee | 12.2yrs | US$231.51k | 0.084% $ 900.1k | |
| Lead Independent Trustee | 12.2yrs | US$250.03k | 0.051% $ 549.5k | |
| Independent Board of Trustee | 1.6yrs | US$147.73k | no data | |
| Independent Trustee | 3.7yrs | US$227.54k | 0.020% $ 215.6k |
7.9yrs
Average Tenure
61.5yo
Average Age
Experienced Board: PMT's board of directors are considered experienced (7.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 20:54 |
| End of Day Share Price | 2025/01/08 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
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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 21 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.
| Analyst | Institution |
|---|---|
| Mark DeVries | Barclays |
| Mark DeVries | Barclays |
| Derek Hewett | BofA Global Research |