PennyMac Mortgage Investment Trust

NYSE:PMT Stock Report

Market Cap: US$1.2b

PennyMac Mortgage Investment Trust Past Earnings Performance

Past criteria checks 4/6

PennyMac Mortgage Investment Trust has been growing earnings at an average annual rate of 3.1%, while the Mortgage REITs industry saw earnings growing at 5.8% annually. Revenues have been declining at an average rate of 20.6% per year. PennyMac Mortgage Investment Trust's return on equity is 8.6%, and it has net margins of 15.5%.

Key information

3.1%

Earnings growth rate

2.7%

EPS growth rate

Mortgage REITs Industry Growth4.5%
Revenue growth rate-20.6%
Return on equity8.6%
Net Margin15.5%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

PennyMac Mortgage Investment Trust: Series C Preferred Shares Offer 8.2% Dividend Yield

Oct 29

PennyMac Mortgage Investment Trust: Not Terrible But Not Attractive

Sep 11

PennyMac Mortgage Investment Trust: This 11% Yielding mREIT May Cut Its Dividend Soon

Dec 07

PennyMac: Pound Foolish

Aug 28

PennyMac Mortgage: The 12% Yield Comes With A 17% Discount To Book

Jun 20

PennyMac Mortgage Investment Trust: Recovery Is On The Way

May 25

PennyMac Mortgage Investment Trust Q4 2022 Earnings Preview

Feb 01

PennyMac Mortgage Investment Trust cuts dividend by 14.9% to $0.40/share

Dec 07

PennyMac Mortgage Investment Trust declares $0.47 dividend

Sep 21

PennyMac Mortgage: Bearish Earnings Trend And Price Action, But Improving Profit Outlook

Jun 28

PennyMac Mortgage: 11% Dividend And 20% Upside Potential

Apr 06

PennyMac Mortgage Investment Trust Just Missed EPS By 73%: Here's What Analysts Think Will Happen Next

Feb 06
PennyMac Mortgage Investment Trust Just Missed EPS By 73%: Here's What Analysts Think Will Happen Next

PennyMac: Attractive Valuation But I Am Not Buying Yet

Dec 17

Revenue & Expenses Breakdown

How PennyMac Mortgage Investment Trust makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:PMT Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24807125440
30 Jun 24544145450
31 Mar 24600144440
31 Dec 23726157430
30 Sep 23513109430
30 Jun 2359560430
31 Mar 23304-36430
31 Dec 22-146-116470
30 Sep 22-29-137520
30 Jun 2279-182490
31 Mar 22612-69540
31 Dec 2175726530
30 Sep 21807130490
30 Jun 21903267510
31 Mar 211,211693470
31 Dec 201,40827450
30 Sep 201,2163460
30 Jun 201,276-27480
31 Mar 20826-447490
31 Dec 19953201490
30 Sep 191,028184450
30 Jun 19802160430
31 Mar 19629152400
31 Dec 18410127380
30 Sep 18410126380
30 Jun 1837399350
31 Mar 1836195360
31 Dec 17449101360
30 Sep 1728898360
30 Jun 17319120350
31 Mar 1730288340
31 Dec 1631174340
30 Sep 1633459350
30 Jun 1632662370
31 Mar 1631896360
31 Dec 1529288390
30 Sep 1530199420
30 Jun 15315115460
31 Mar 15377162510
31 Dec 14408193520
30 Sep 14442219530
30 Jun 14412204530
31 Mar 14399183500
31 Dec 13425198490

Quality Earnings: PMT has high quality earnings.

Growing Profit Margin: PMT's current net profit margins (15.5%) are lower than last year (21.3%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: PMT's earnings have grown by 3.1% per year over the past 5 years.

Accelerating Growth: PMT's earnings growth over the past year (14.6%) exceeds its 5-year average (3.1% per year).

Earnings vs Industry: PMT earnings growth over the past year (14.6%) exceeded the Mortgage REITs industry -21.9%.


Return on Equity

High ROE: PMT's Return on Equity (8.6%) is considered low.


Return on Assets


Return on Capital Employed


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