NYSE:PMT - PennyMac Mortgage Investment Trust Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding PennyMac Mortgage Investment Trust Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $22.26 +0.13 (+0.59 %) (As of 12/13/2019 04:00 PM ET) Add Compare Today's Range$22.12Now: $22.26▼$22.3050-Day Range$22.12MA: $22.74▼$23.0952-Week Range$17.88Now: $22.26▼$23.35Volume1.28 million shsAverage Volume855,162 shsMarket Capitalization$2.03 billionP/E Ratio11.19Dividend Yield8.50%Beta0.59 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email PennyMac Mortgage Investment Trust, a specialty finance company, invests primarily in residential mortgage loans and mortgage-related assets in the United States. The company's Correspondent Production segment engages in purchasing, pooling, and reselling newly originated prime credit mortgage loans directly or in the form of mortgage-backed securities (MBS). Read More… Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryMortgage REITs SectorFinance Current SymbolNYSE:PMT Previous Symbol CUSIP70931T10 CIK1464423 Webhttp://www.pennymacmortgageinvestmenttrust.com/ Phone818-224-7442Debt Debt-to-Equity Ratio0.27 Current Ratio0.56 Quick Ratio0.56Price-To-Earnings Trailing P/E Ratio11.19 Forward P/E Ratio9.16 P/E Growth1.83 Sales & Book Value Annual Sales$351.07 million Price / Sales5.77 Cash Flow$2.36 per share Price / Cash Flow9.44 Book Value$20.78 per share Price / Book1.07Profitability EPS (Most Recent Fiscal Year)$1.99 Net Income$152.80 million Net Margins50.13% Return on Equity13.38% Return on Assets2.35%Miscellaneous Employees3 Outstanding Shares90,982,000Market Cap$2.03 billion Next Earnings Date2/6/2020 (Estimated) OptionableOptionable Receive PMT News and Ratings via Email Sign-up to receive the latest news and ratings for PMT and its competitors with MarketBeat's FREE daily newsletter. PMT Rates by TradingView PennyMac Mortgage Investment Trust (NYSE:PMT) Frequently Asked Questions What is PennyMac Mortgage Investment Trust's stock symbol? PennyMac Mortgage Investment Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "PMT." How often does PennyMac Mortgage Investment Trust pay dividends? What is the dividend yield for PennyMac Mortgage Investment Trust? PennyMac Mortgage Investment Trust announced a quarterly dividend on Tuesday, September 24th. Stockholders of record on Monday, October 14th will be given a dividend of $0.47 per share on Wednesday, October 30th. This represents a $1.88 annualized dividend and a dividend yield of 8.45%. The ex-dividend date is Thursday, October 10th. View PennyMac Mortgage Investment Trust's Dividend History. How will PennyMac Mortgage Investment Trust's stock buyback program work? PennyMac Mortgage Investment Trust announced that its board has authorized a stock repurchase program on Thursday, December 21st 2017, which allows the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board of directors believes its stock is undervalued. How were PennyMac Mortgage Investment Trust's earnings last quarter? PennyMac Mortgage Investment Trust (NYSE:PMT) issued its quarterly earnings data on Thursday, October, 31st. The real estate investment trust reported $0.71 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.51 by $0.20. The real estate investment trust had revenue of $130.76 million for the quarter, compared to analyst estimates of $116.95 million. PennyMac Mortgage Investment Trust had a net margin of 50.13% and a return on equity of 13.38%. During the same quarter in the previous year, the business earned $0.62 EPS. View PennyMac Mortgage Investment Trust's Earnings History. When is PennyMac Mortgage Investment Trust's next earnings date? PennyMac Mortgage Investment Trust is scheduled to release their next quarterly earnings announcement on Thursday, February 6th 2020. View Earnings Estimates for PennyMac Mortgage Investment Trust. What price target have analysts set for PMT? 8 brokerages have issued 1-year price objectives for PennyMac Mortgage Investment Trust's stock. Their forecasts range from $21.00 to $24.00. On average, they expect PennyMac Mortgage Investment Trust's share price to reach $22.79 in the next year. This suggests a possible upside of 2.4% from the stock's current price. View Analyst Price Targets for PennyMac Mortgage Investment Trust. What is the consensus analysts' recommendation for PennyMac Mortgage Investment Trust? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PennyMac Mortgage Investment Trust in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for PennyMac Mortgage Investment Trust. Has PennyMac Mortgage Investment Trust been receiving favorable news coverage? News headlines about PMT stock have trended somewhat positive on Friday, InfoTrie Sentiment reports. The research firm identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. PennyMac Mortgage Investment Trust earned a daily sentiment score of 1.7 on InfoTrie's scale. They also gave news coverage about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for PennyMac Mortgage Investment Trust. Who are some of PennyMac Mortgage Investment Trust's key competitors? Some companies that are related to PennyMac Mortgage Investment Trust include ANNALY CAP MGMT/SH (NLY), AGNC Investment (AGNC), Starwood Property Trust (STWD), Two Harbors Investment (TWO), CHIMERA INVT CO/SH NEW (CIM), MFA FINL INC/SH (MFA), Apollo Commercial Real Est. Finance (ARI), Invesco Mortgage Capital (IVR), Colony Capital (CLNY), Redwood Trust (RWT), NY MTG TR INC/SH (NYMT), ARMOUR Residential REIT (ARR), CAPSTEAD MTG CO/SH (CMO), Ready Capital (RC) and Western Asset Mortgage Capital (WMC). What other stocks do shareholders of PennyMac Mortgage Investment Trust own? Based on aggregate information from My MarketBeat watchlists, some companies that other PennyMac Mortgage Investment Trust investors own include New Residential Investment (NRZ), AT&T (T), Enterprise Products Partners (EPD), Energy Transfer LP Unit (ET), Verizon Communications (VZ), AGNC Investment (AGNC), Ares Capital (ARCC), Ladder Capital (LADR), ANNALY CAP MGMT/SH (NLY) and NY MTG TR INC/SH (NYMT). Who are PennyMac Mortgage Investment Trust's key executives? PennyMac Mortgage Investment Trust's management team includes the folowing people: Mr. Stanford Lee Kurland, Exec. Chairman (Age 67)Mr. David A. Spector, CEO, Pres & Trustee (Age 56)Mr. Andrew S. Chang, Sr. MD & CFO (Age 42)Mr. Vandad Fartaj, Sr. MD & Chief Investment Officer (Age 44)Mr. Douglas Jones, Sr. MD & Chief Mortgage Banking Officer (Age 62) Who are PennyMac Mortgage Investment Trust's major shareholders? PennyMac Mortgage Investment Trust's stock is owned by a number of of retail and institutional investors. Top institutional investors include State Street Corp (3.05%), Millennium Management LLC (0.64%), First Trust Advisors LP (0.62%), Smith Graham & Co. Investment Advisors LP (0.50%), Rhumbline Advisers (0.36%) and Voloridge Investment Management LLC (0.28%). Company insiders that own PennyMac Mortgage Investment Trust stock include Andrew S Chang, David M Walker, David Spector, Doug Jones, Gregory L Hendry, Jeffrey Grogin, Marianne Sullivan, Paul Dufauchard Jr Preston, Scott W Carnahan, Steven Richard Bailey and Vandad Fartaj. View Institutional Ownership Trends for PennyMac Mortgage Investment Trust. Which major investors are selling PennyMac Mortgage Investment Trust stock? PMT stock was sold by a variety of institutional investors in the last quarter, including Wedbush Securities Inc., Chicago Equity Partners LLC, Tower Research Capital LLC TRC, Campbell & CO Investment Adviser LLC, Municipal Employees Retirement System of Michigan and Dean Capital Investments Management LLC. Company insiders that have sold PennyMac Mortgage Investment Trust company stock in the last year include David Spector, Doug Jones, Jeffrey Grogin, Scott W Carnahan and Vandad Fartaj. View Insider Buying and Selling for PennyMac Mortgage Investment Trust. Which major investors are buying PennyMac Mortgage Investment Trust stock? PMT stock was purchased by a variety of institutional investors in the last quarter, including State Street Corp, Millennium Management LLC, Voloridge Investment Management LLC, State of New Jersey Common Pension Fund D, Mackay Shields LLC, SG Americas Securities LLC, Rhumbline Advisers and Virginia Retirement Systems ET AL. Company insiders that have bought PennyMac Mortgage Investment Trust stock in the last two years include Marianne Sullivan and Scott W Carnahan. View Insider Buying and Selling for PennyMac Mortgage Investment Trust. How do I buy shares of PennyMac Mortgage Investment Trust? Shares of PMT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab. What is PennyMac Mortgage Investment Trust's stock price today? One share of PMT stock can currently be purchased for approximately $22.26. How big of a company is PennyMac Mortgage Investment Trust? PennyMac Mortgage Investment Trust has a market capitalization of $2.03 billion and generates $351.07 million in revenue each year. The real estate investment trust earns $152.80 million in net income (profit) each year or $1.99 on an earnings per share basis. PennyMac Mortgage Investment Trust employs 3 workers across the globe.View Additional Information About PennyMac Mortgage Investment Trust. What is PennyMac Mortgage Investment Trust's official website? The official website for PennyMac Mortgage Investment Trust is http://www.pennymacmortgageinvestmenttrust.com/. How can I contact PennyMac Mortgage Investment Trust? PennyMac Mortgage Investment Trust's mailing address is 3043 Townsgate Road, Westlake Village CA, 91361. The real estate investment trust can be reached via phone at 818-224-7442 or via email at [email protected] MarketBeat Community Rating for PennyMac Mortgage Investment Trust (NYSE PMT)Community Ranking: 2.7 out of 5 ( )Outperform Votes: 362 (Vote Outperform)Underperform Votes: 308 (Vote Underperform)Total Votes: 670MarketBeat's community ratings are surveys of what our community members think about PennyMac Mortgage Investment Trust and other stocks. Vote "Outperform" if you believe PMT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PMT will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 12/13/2019 by MarketBeat.com StaffFeatured Article: What is Blockchain?