PennyMac Mortgage Investment Trust Past Earnings Performance
Past criteria checks 2/6
PennyMac Mortgage Investment Trust's earnings have been declining at an average annual rate of -13.8%, while the Mortgage REITs industry saw earnings growing at 0.4% annually. Revenues have been declining at an average rate of 17% per year. PennyMac Mortgage Investment Trust's return on equity is 10.2%, and it has net margins of 21.7%.
Key information
-13.8%
Earnings growth rate
-19.3%
EPS growth rate
| Mortgage REITs Industry Growth | 4.5% |
| Revenue growth rate | -17.0% |
| Return on equity | 10.2% |
| Net Margin | 21.7% |
| Next Earnings Update | 24 Apr 2024 |
Recent past performance updates
Recent updates
PennyMac 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 17PennyMac Mortgage Investment Trust (NYSE:PMT) Analysts Are Reducing Their Forecasts For This Year
Aug 08Did You Participate In Any Of PennyMac Mortgage Investment Trust's (NYSE:PMT) Fantastic 134% Return ?
Mar 09PennyMac Mortgage Investment Trust 2020 Q4 - Results - Earnings Call Presentation
Feb 04How Much Of PennyMac Mortgage Investment Trust (NYSE:PMT) Do Institutions Own?
Feb 02
Revenue & Expenses BreakdownBeta
How PennyMac Mortgage Investment Trust makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 726 | 157 | 43 | 0 |
| 30 Sep 23 | 513 | 109 | 43 | 0 |
| 30 Jun 23 | 595 | 60 | 43 | 0 |
| 31 Mar 23 | 304 | -36 | 43 | 0 |
| 31 Dec 22 | -146 | -116 | 47 | 0 |
| 30 Sep 22 | -29 | -137 | 52 | 0 |
| 30 Jun 22 | 79 | -182 | 49 | 0 |
| 31 Mar 22 | 612 | -69 | 54 | 0 |
| 31 Dec 21 | 757 | 26 | 53 | 0 |
| 30 Sep 21 | 807 | 130 | 49 | 0 |
| 30 Jun 21 | 903 | 267 | 51 | 0 |
| 31 Mar 21 | 1,211 | 693 | 47 | 0 |
| 31 Dec 20 | 1,408 | 27 | 45 | 0 |
| 30 Sep 20 | 1,216 | 3 | 46 | 0 |
| 30 Jun 20 | 1,276 | -27 | 48 | 0 |
| 31 Mar 20 | 826 | -447 | 49 | 0 |
| 31 Dec 19 | 953 | 201 | 49 | 0 |
| 30 Sep 19 | 1,028 | 184 | 45 | 0 |
| 30 Jun 19 | 802 | 160 | 43 | 0 |
| 31 Mar 19 | 629 | 152 | 40 | 0 |
| 31 Dec 18 | 410 | 127 | 38 | 0 |
| 30 Sep 18 | 410 | 126 | 38 | 0 |
| 30 Jun 18 | 373 | 99 | 35 | 0 |
| 31 Mar 18 | 361 | 95 | 36 | 0 |
| 31 Dec 17 | 449 | 101 | 36 | 0 |
| 30 Sep 17 | 288 | 98 | 36 | 0 |
| 30 Jun 17 | 319 | 120 | 35 | 0 |
| 31 Mar 17 | 302 | 88 | 34 | 0 |
| 31 Dec 16 | 311 | 74 | 34 | 0 |
| 30 Sep 16 | 334 | 59 | 35 | 0 |
| 30 Jun 16 | 326 | 62 | 37 | 0 |
| 31 Mar 16 | 318 | 96 | 36 | 0 |
| 31 Dec 15 | 292 | 88 | 39 | 0 |
| 30 Sep 15 | 301 | 99 | 42 | 0 |
| 30 Jun 15 | 315 | 115 | 46 | 0 |
| 31 Mar 15 | 377 | 162 | 51 | 0 |
| 31 Dec 14 | 408 | 193 | 52 | 0 |
| 30 Sep 14 | 442 | 219 | 53 | 0 |
| 30 Jun 14 | 412 | 204 | 53 | 0 |
| 31 Mar 14 | 399 | 183 | 50 | 0 |
| 31 Dec 13 | 425 | 198 | 49 | 0 |
| 30 Sep 13 | 446 | 195 | 44 | 0 |
| 30 Jun 13 | 447 | 195 | 43 | 0 |
Quality Earnings: PMT has high quality earnings.
Growing Profit Margin: PMT became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PMT's earnings have declined by 13.8% per year over the past 5 years.
Accelerating Growth: PMT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: PMT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Mortgage REITs industry (-6.2%).
Return on Equity
High ROE: PMT's Return on Equity (10.2%) is considered low.