PennyMac Mortgage Investment Trust (PMT)

NYSE: PMT · IEX Real-Time Price · USD
14.73
+0.13 (0.89%)
At close: May 9, 2024, 4:00 PM
14.75
+0.02 (0.14%)
After-hours: May 9, 2024, 7:39 PM EDT
0.89%
Market Cap 1.28B
Revenue (ttm) 412.86M
Net Income (ttm) 144.75M
Shares Out 86.85M
EPS (ttm) 1.49
PE Ratio 9.89
Forward PE 11.05
Dividend $1.60 (10.86%)
Ex-Dividend Date Apr 11, 2024
Volume 368,882
Open 14.70
Previous Close 14.60
Day's Range 14.62 - 14.75
52-Week Range 10.52 - 15.89
Beta 1.43
Analysts Buy
Price Target 14.92 (+1.29%)
Earnings Date Apr 24, 2024

About PMT

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. The company's Interest Rate Sensitive Strategies segment engages in investing in mortgage servicing rights... [Read more]

Industry REIT - Mortgage
Sector Real Estate
IPO Date Jul 30, 2009
Employees 7
Stock Exchange NYSE
Ticker Symbol PMT
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for PMT stock is "Buy." The 12-month stock price forecast is $14.92, which is an increase of 1.29% from the latest price.

Price Target
$14.92
(1.29% upside)
Analyst Consensus: Buy
Stock Forecasts

News

PennyMac Mortgage Investment Trust Reports First Quarter 2024 Results

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net income attributable to common shareholders of $37.2 million, or $0.39 per common share on a...

15 days ago - Business Wire

PennyMac Mortgage Investment Trust Announces Date for Release of First Quarter 2024 Results

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) will announce results for the quarter ended March 31, 2024, in a news release to be issued after the market cl...

22 days ago - Business Wire

PennyMac Mortgage Investment Trust Declares First Quarter 2024 Dividend for Its Common Shares

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its Board of Trustees declared a cash dividend of $0.40 per common share of beneficial in...

7 weeks ago - Business Wire

PennyMac Mortgage Investment Trust Declares First Quarter 2024 Dividends for Its Preferred Shares

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its Board of Trustees has declared cash dividends for the first quarter of 2024 on its 8....

3 months ago - Business Wire

PennyMac Mortgage Investment Trust Reports Fourth Quarter and Full-Year 2023 Results

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net income attributable to common shareholders of $42.5 million, or $0.44 per common share on a...

3 months ago - Business Wire

PennyMac Mortgage Investment Trust Announces Date for Release of Fourth Quarter and Full-Year 2023 Results

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) will announce results for the quarter and year ended December 31, 2023, in a news release to be issued after t...

3 months ago - Business Wire

KBW Announces Index Rebalancing for Fourth-Quarter 2023

NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel F...

5 months ago - GlobeNewsWire

PennyMac Mortgage Investment Trust Declares Fourth Quarter 2023 Dividend for Its Common Shares

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its Board of Trustees declared a cash dividend of $0.40 per common share of beneficial in...

5 months ago - Business Wire

PennyMac Mortgage Investment Trust Declares Fourth Quarter 2023 Dividends for Its Preferred Shares

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its Board of Trustees has declared cash dividends for the fourth quarter of 2023 on its 8...

6 months ago - Business Wire

PennyMac Mortgage Investment Trust Reports Third Quarter 2023 Results

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net income attributable to common shareholders of $51.0 million, or $0.51 per common share on a...

7 months ago - Business Wire

PennyMac Mortgage Investment Trust Announces Date for Release of Third Quarter 2023 Results

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) will announce results for the quarter ended September 30, 2023, in a news release to be issued after the marke...

7 months ago - Business Wire

PennyMac Mortgage Investment Trust Announces Pricing of Public Offering of Senior Notes

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) (the “Company”) today announced that it has priced an underwritten public offering of $50,000,000 aggregate pr...

8 months ago - Business Wire

PennyMac Mortgage Investment Trust Announces Public Offering of Senior Notes

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) (the “Company”) today announced that it is commencing an underwritten public offering of senior notes due 2028...

8 months ago - Business Wire

Investors in This REIT Got a ‘Nasty' Surpise. Why It Pays to Read the Fine Print.

Investors in PennyMac's fixed-to-floating-rate preferred shares probably didn't expect the REIT to adhere strictly to the contract when Libor ceased to exist.

Other symbols: PFSI
8 months ago - Barrons

PennyMac Financial Services, Inc. to Present at the 2023 Barclays Global Financial Services Conference

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) announced today that it will present jointly with PennyMac Mortgage Investment Trust (NYSE: PMT) at the 2023 B...

Other symbols: PFSI
8 months ago - Business Wire

PennyMac Mortgage Investment Trust to Present at the 2023 Barclays Global Financial Services Conference

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that it will present jointly with PennyMac Financial Services, Inc. (NYSE: PFSI) at the 2023 B...

Other symbols: PFSI
8 months ago - Business Wire

PennyMac Mortgage Investment Trust Declares Third Quarter 2023 Dividend for Its Common Shares

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its Board of Trustees declared a cash dividend of $0.40 per common share of beneficial in...

9 months ago - Business Wire

PennyMac Mortgage Investment Trust Declares Third Quarter 2023 Dividends for Its Preferred Shares

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its Board of Trustees has declared cash dividends for the third quarter of 2023 on its 8....

9 months ago - Business Wire

PennyMac Mortgage Investment Trust Reports Second Quarter 2023 Results

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net income attributable to common shareholders of $14.2 million, or $0.16 per common share on a...

10 months ago - Business Wire

PennyMac Mortgage Investment Trust Announces Date for Release of Second Quarter 2023 Results

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) will announce results for the quarter ended June 30, 2023, in a news release to be issued after the market clo...

10 months ago - Business Wire

PennyMac Mortgage Investment Trust Declares Second Quarter 2023 Dividend for Its Common Shares

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its Board of Trustees declared a cash dividend of $0.40 per common share of beneficial in...

11 months ago - Business Wire

PennyMac Mortgage Investment Trust Declares Second Quarter 2023 Dividends for Its Preferred Shares

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its Board of Trustees has declared cash dividends for the second quarter of 2023 on its 8...

1 year ago - Business Wire

PennyMac Mortgage Investment Trust Reports First Quarter 2023 Results

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net income attributable to common shareholders of $50.2 million, or $0.50 per common share on a...

1 year ago - Business Wire

PennyMac Mortgage Investment Trust Announces Changes to Its Board of Trustees

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that Donna Corley, former Executive Vice President and Head of Single-Family Business at Fredd...

1 year ago - Business Wire

PennyMac Mortgage Investment Trust Announces Date for Release of First Quarter 2023 Results

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) will announce results for the quarter ended March 31, 2023 in a news release to be issued after the market clo...

1 year ago - Business Wire