NYSE:PMT - PennyMac Mortgage Investment Trust Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $21.05 -0.17 (-0.80 %) (As of 05/23/2019 11:03 AM ET)Previous Close$21.22Today's Range$21.04 - $21.0952-Week Range$17.88 - $21.91Volume6,835 shsAverage Volume1.17 million shsMarket Capitalization$1.44 billionP/E Ratio10.59Dividend Yield8.89%Beta0.61 ProfileAnalyst RatingsChartDividendEarningsFinancialsInsider 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). Its Credit Sensitive Strategies segment invests in credit risk transfer (CRT) agreements, firm commitment to purchase CRT securities, distressed mortgage loans, real estate acquired in settlement of mortgage loans, non-Agency subordinated bonds, and small balance commercial real estate mortgage loans. The company's Interest Rate Sensitive Strategies segment engages in investing in mortgage servicing rights, excess servicing spreads, and agency and senior non-agency MBS; and interest rate hedging activities related to indebtedness. PNMAC Capital Management, LLC acts as the manager of PennyMac Mortgage Investment Trust. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 2009 and is based in Westlake Village, California. 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. 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 Ratio0.42 Current Ratio0.38 Quick Ratio0.38Price-To-Earnings Trailing P/E Ratio10.59 Forward P/E Ratio10.85 P/E Growth2.18 Sales & Book Value Annual Sales$351.07 million Price / Sales4.10 Cash Flow$2.3441 per share Price / Cash Flow8.98 Book Value$20.87 per share Price / Book1.01Profitability EPS (Most Recent Fiscal Year)$1.99 Net Income$152.80 million Net Margins46.63% Return on Equity13.71% Return on Assets2.43%Miscellaneous Employees3 Outstanding Shares68,410,000Market Cap$1.44 billion Next Earnings Date8/1/2019 (Estimated) OptionableOptionable 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 Wednesday, March 27th. Shareholders of record on Monday, April 15th will be paid a dividend of $0.47 per share on Monday, April 29th. This represents a $1.88 annualized dividend and a yield of 8.93%. The ex-dividend date of this dividend is Friday, April 12th. 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 share repurchase program on Thursday, December 21st 2017, which authorizes the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company's management believes its stock is undervalued. How were PennyMac Mortgage Investment Trust's earnings last quarter? PennyMac Mortgage Investment Trust (NYSE:PMT) announced its earnings results on Thursday, May, 2nd. The real estate investment trust reported $0.68 EPS for the quarter, beating the Zacks' consensus estimate of $0.43 by $0.25. The real estate investment trust had revenue of $106.62 million for the quarter, compared to analysts' expectations of $89.10 million. PennyMac Mortgage Investment Trust had a return on equity of 13.71% and a net margin of 46.63%. During the same quarter last year, the business earned $0.35 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, August 1st 2019. View Earnings Estimates for PennyMac Mortgage Investment Trust. What price target have analysts set for PMT? 6 Wall Street analysts have issued 12-month price targets for PennyMac Mortgage Investment Trust's stock. Their forecasts range from $20.00 to $23.00. On average, they anticipate PennyMac Mortgage Investment Trust's share price to reach $21.6667 in the next twelve months. This suggests a possible upside of 2.9% 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? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PennyMac Mortgage Investment Trust in the last year. There are currently 2 hold ratings and 4 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? Media coverage about PMT stock has been trending very negative recently, according to InfoTrie Sentiment. The research firm identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. PennyMac Mortgage Investment Trust earned a news sentiment score of -3.8 on InfoTrie's scale. They also gave press coverage about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the near term. Are investors shorting PennyMac Mortgage Investment Trust? PennyMac Mortgage Investment Trust saw a drop in short interest during the month of April. As of April 30th, there was short interest totalling 1,160,285 shares, a drop of 42.2% from the April 15th total of 2,007,979 shares. Based on an average trading volume of 366,962 shares, the short-interest ratio is presently 3.2 days. Approximately 1.7% of the shares of the company are sold short. View PennyMac Mortgage Investment Trust's Current Options Chain. Who are some of PennyMac Mortgage Investment Trust's key competitors? Some companies that are related to PennyMac Mortgage Investment Trust include Healthcare Trust Of America (HTA), JBG SMITH Properties (JBGS), Brixmor Property Group (BRX), Howard Hughes (HHC), Highwoods Properties (HIW), Blackstone Mortgage Trust (BXMT), Life Storage (LSI), PS Business Parks (PSB), First Industrial Realty Trust (FR), CoreSite Realty (COR), Ryman Hospitality Properties (RHP), Hospitality Properties Trust (HPT), Eastgroup Properties (EGP), Healthcare Realty Trust (HR) and Pebblebrook Hotel Trust (PEB). 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), Arlington Asset Investment (AI), Energy Transfer LP Unit (ET), AT&T (T), NY MTG TR INC/SH (NYMT), Enterprise Products Partners (EPD), AGNC Investment (AGNC), CHIMERA INVT CO/SH NEW (CIM), Ares Capital (ARCC) and Prospect Capital (PSEC). 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 many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (16.17%), Goldman Sachs Group Inc. (3.33%), Thornburg Investment Management Inc. (3.03%), LSV Asset Management (2.01%), Citigroup Inc. (1.67%) and Northern Trust Corp (1.22%). Company insiders that own PennyMac Mortgage Investment Trust stock include Andrew S Chang, David M Walker, David Spector, Doug Jones, Gregory L Hendry, 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 Advisors Asset Management Inc., Morgan Stanley, Renaissance Technologies LLC, California Public Employees Retirement System, Parametric Portfolio Associates LLC, SG Americas Securities LLC, Nisa Investment Advisors LLC and Adams Diversified Equity Fund Inc.. Company insiders that have sold PennyMac Mortgage Investment Trust company stock in the last year include Andrew S Chang, David Spector, Doug Jones, Gregory L Hendry, Paul Dufauchard Jr Preston, 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 Marshall Wace LLP, BlackRock Inc., Ellington Management Group LLC, Acadian Asset Management LLC, Nordea Investment Management AB, ClariVest Asset Management LLC, Thornburg Investment Management Inc. and Geode Capital Management LLC. 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, Scottrade, 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 $21.05. How big of a company is PennyMac Mortgage Investment Trust? PennyMac Mortgage Investment Trust has a market capitalization of $1.44 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. 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: 323 (Vote Outperform)Underperform Votes: 283 (Vote Underperform)Total Votes: 606MarketBeat'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 5/23/2019 by MarketBeat.com StaffFeatured Article: How to calculate compound interest Receive Analysts' Upgrades and Downgrades Daily Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.