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NYSE:PMT - PennyMac Mortgage Investment Trust Stock Price, Forecast & News

$20.70
-0.75 (-3.50 %)
(As of 02/28/2020 04:00 PM ET)
Today's Range
$20.02
Now: $20.70
$21.01
50-Day Range
$20.70
MA: $23.15
$23.57
52-Week Range
$20.02
Now: $20.70
$23.79
Volume3.52 million shs
Average Volume917,396 shs
Market Capitalization$2.08 billion
P/E Ratio8.48
Dividend Yield8.76%
Beta0.62
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

Industry Real estate investment trusts
Sub-IndustryMortgage REITs
SectorFinance
CUSIP70931T10
Phone818-224-7442

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$488.82 million
Cash Flow$5.66 per share
Book Value$21.44 per share

Profitability

Net Income$226.36 million

Miscellaneous

Employees3
Market Cap$2.08 billion
Next Earnings Date5/7/2020 (Estimated)
OptionableOptionable

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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 declared a quarterly dividend on Monday, December 23rd. Investors of record on Tuesday, December 31st will be given a dividend of $0.47 per share on Thursday, January 30th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 9.08%. The ex-dividend date of this dividend is Monday, December 30th. View PennyMac Mortgage Investment Trust's Dividend History.

How were PennyMac Mortgage Investment Trust's earnings last quarter?

PennyMac Mortgage Investment Trust (NYSE:PMT) released its quarterly earnings data on Thursday, February, 6th. The real estate investment trust reported $0.55 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.54 by $0.01. The real estate investment trust had revenue of $155.04 million for the quarter, compared to analyst estimates of $133.35 million. PennyMac Mortgage Investment Trust had a return on equity of 12.68% and a net margin of 46.31%. During the same period in the previous year, the business posted $0.63 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, May 7th 2020. View Earnings Estimates for PennyMac Mortgage Investment Trust.

What price target have analysts set for PMT?

7 brokerages have issued 12-month target prices for PennyMac Mortgage Investment Trust's stock. Their forecasts range from $21.00 to $24.00. On average, they anticipate PennyMac Mortgage Investment Trust's stock price to reach $22.92 in the next twelve months. This suggests a possible upside of 10.7% 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?

7 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 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, InfoTrie Sentiment reports. The research group ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources. 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 media sentiment score of -4.0 on InfoTrie's scale. They also gave media coverage about the real estate investment trust a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the stock's share price in the immediate future. View News Stories for PennyMac Mortgage Investment Trust.

Who are some of PennyMac Mortgage Investment Trust's key competitors?

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), Ares Capital (ARCC), AGNC Investment (AGNC), Verizon Communications (VZ), NY MTG TR INC/SH (NYMT), ANNALY CAP MGMT/SH (NLY) and ARBOR RLTY TR I/SH (ABR).

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 variety of of institutional and retail investors. Top institutional shareholders include State Street Corp (2.94%), Goldman Sachs Group Inc. (2.79%), UBS Group AG (1.92%), Thornburg Investment Management Inc. (1.84%), LSV Asset Management (1.60%) and Renaissance Technologies LLC (1.36%). 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, Stacey D Stewart and Vandad Fartaj. View Institutional Ownership Trends for PennyMac Mortgage Investment Trust.

Which institutional investors are selling PennyMac Mortgage Investment Trust stock?

PMT stock was sold by a variety of institutional investors in the last quarter, including Marshall Wace LLP, UBS Group AG, Acadian Asset Management LLC, Mackay Shields LLC, Panagora Asset Management Inc., First Trust Advisors LP, SG Americas Securities LLC and Chicago Equity Partners LLC. Company insiders that have sold PennyMac Mortgage Investment Trust company stock in the last year include David Spector, Doug Jones, Jeffrey Grogin, Paul Dufauchard Jr Preston, Scott W Carnahan and Stacey D Stewart. View Insider Buying and Selling for PennyMac Mortgage Investment Trust.

Which institutional investors are buying PennyMac Mortgage Investment Trust stock?

PMT stock was acquired by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Renaissance Technologies LLC, Laurion Capital Management LP, LSV Asset Management, Alliancebernstein L.P., State Street Corp, Geode Capital Management LLC and Thornburg Investment Management Inc.. 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 $20.70.

How big of a company is PennyMac Mortgage Investment Trust?

PennyMac Mortgage Investment Trust has a market capitalization of $2.08 billion and generates $488.82 million in revenue each year. The real estate investment trust earns $226.36 million in net income (profit) each year or $2.42 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 (star star)
Outperform Votes:  375 (Vote Outperform)
Underperform Votes:  317 (Vote Underperform)
Total Votes:  692
MarketBeat'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 2/29/2020 by MarketBeat.com Staff

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