PMT Stock Overview
Through its subsidiary, primarily invests in mortgage-related assets in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 1/6 |
| Past Performance | 4/6 |
| Financial Health | 0/6 |
| Dividends | 2/6 |
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PennyMac Mortgage Investment Trust Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$12.70 |
| 52 Week High | US$15.22 |
| 52 Week Low | US$12.33 |
| Beta | 1.47 |
| 1 Month Change | -6.00% |
| 3 Month Change | -11.13% |
| 1 Year Change | -14.36% |
| 3 Year Change | -29.60% |
| 5 Year Change | -44.10% |
| Change since IPO | -33.51% |
Recent News & 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 17Shareholder Returns
| PMT | US Mortgage REITs | US Market | |
|---|---|---|---|
| 7D | 1.2% | -1.8% | -2.8% |
| 1Y | -14.4% | -8.2% | 24.1% |
Return vs Industry: PMT underperformed the US Mortgage REITs industry which returned -8.2% over the past year.
Return vs Market: PMT underperformed the US Market which returned 24.1% over the past year.
Price Volatility
| PMT volatility | |
|---|---|
| PMT Average Weekly Movement | 2.4% |
| Mortgage REITs Industry Average Movement | 3.4% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 18.0% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: PMT has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: PMT's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2009 | 7 | David Spector | pmt.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
| PMT fundamental statistics | |
|---|---|
| Market cap | US$1.09b |
| Earnings (TTM) | US$125.10m |
| Revenue (TTM) | US$807.05m |
8.8x
P/E Ratio1.4x
P/S RatioIs PMT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PMT income statement (TTM) | |
|---|---|
| Revenue | US$807.05m |
| Cost of Revenue | US$120.79m |
| Gross Profit | US$686.25m |
| Other Expenses | US$561.16m |
| Earnings | US$125.10m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.44 |
| Gross Margin | 85.03% |
| Net Profit Margin | 15.50% |
| Debt/Equity Ratio | 558.1% |
How did PMT perform over the long term?
See historical performance and comparisonDividends
12.6%
Current Dividend Yield111%
Payout RatioDoes PMT pay a reliable dividends?
See PMT dividend history and benchmarks| PennyMac Mortgage Investment Trust dividend dates | |
|---|---|
| Ex Dividend Date | Dec 27 2024 |
| Dividend Pay Date | Jan 24 2025 |
| Days until Ex dividend | 8 days |
| Days until Dividend pay date | 20 days |
Does PMT pay a reliable dividends?
See PMT dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/03 23:40 |
| End of Day Share Price | 2025/01/03 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 |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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 22 analysts. 5 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 |