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PMT

PMT - PennyMac Mortgage Investment Trust Stock Price, Fair Value and News

14.79USD+0.06 (+0.41%)Market Closed

Market Summary

PMT
USD14.79+0.06
Market Closed
0.41%

PMT Alerts

  • 1 major insider buys recently.
  • Big fall in Revenue (Y/Y)
  • Big fall in earnings (Y/Y)

PMT Stock Price

View Fullscreen

PMT RSI Chart

PMT Valuation

Market Cap

1.3B

Price/Earnings (Trailing)

7.25

Price/Sales (Trailing)

1.8

EV/EBITDA

7.11

Price/Free Cashflow

0.56

PMT Price/Sales (Trailing)

PMT Profitability

EBT Margin

33.55%

Return on Equity

8.98%

Return on Assets

1.43%

Free Cashflow Yield

178.13%

PMT Fundamentals

PMT Revenue

Revenue (TTM)

709.3M

Rev. Growth (Yr)

-77.44%

Rev. Growth (Qtr)

-83.29%

PMT Earnings

Earnings (TTM)

176.0M

Earnings Growth (Yr)

-38.98%

Earnings Growth (Qtr)

-30%

Breaking Down PMT Revenue

52 Week Range

10.9714.82
(Low)(High)

Last 7 days

1.5%

Last 30 days

0.5%

Last 90 days

6.7%

Trailing 12 Months

27.1%

How does PMT drawdown profile look like?

PMT Financial Health

PMT Investor Care

Dividend Yield

10.88%

Dividend/Share (TTM)

1.6

Buy Backs (1Y)

0.81%

Diluted EPS (TTM)

1.51

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024709.3M000
2023447.8M511.9M575.9M639.9M
2022242.4M289.5M336.7M383.8M
2021164.1M174.5M184.9M195.2M
2020278.0M236.6M195.1M153.7M
2019382.0M395.4M417.7M319.5M
2018329.1M328.2M360.9M351.1M
2017284.3M320.7M293.2M317.9M
2016263.3M241.2M253.7M272.1M
2015317.8M267.0M251.3M248.8M
2014374.3M379.3M399.8M356.7M
2013371.4M429.2M424.4M405.5M
2012134.4M161.8M210.8M303.5M
201157.5M73.8M103.1M111.7M
201000044.1M
20090000

Tracking the Latest Insider Buys and Sells of PennyMac Mortgage Investment Trust

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 26, 2024
lynch catherine a.
bought
10,138
14.1857
714
-
Mar 20, 2024
chang william herbert
sold (taxes)
-28,073
14.2
-1,977
chief investment officer
Mar 12, 2024
jones doug
sold (taxes)
-205,618
14.28
-14,399
director, president & cmbo
Mar 12, 2024
spector david
sold (taxes)
-422,345
14.28
-29,576
chairman and ceo
Mar 12, 2024
lynch catherine a.
acquired
-
-
7,660
-
Mar 12, 2024
stewart stacey d.
acquired
-
-
7,660
-
Mar 12, 2024
perotti daniel stanley
sold (taxes)
-173,131
14.28
-12,124
chief financial officer
Mar 12, 2024
follette james
sold (taxes)
-15,279
14.28
-1,070
chief digital officer
Mar 12, 2024
corley donna m
acquired
-
-
7,660
-
Mar 12, 2024
carnahan scott w.
acquired
-
-
7,660
-

1–10 of 50

Which funds bought or sold PMT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 10, 2024
VANGUARD GROUP INC
reduced
-1.53
-4,884,710
142,885,000
-%
May 10, 2024
Y-Intercept (Hong Kong) Ltd
new
-
217,778
217,778
0.02%
May 10, 2024
LPL Financial LLC
reduced
-0.66
-67,577
2,687,130
-%
May 10, 2024
Campbell & CO Investment Adviser LLC
sold off
-100
-915,882
-
-%
May 10, 2024
JPMORGAN CHASE & CO
reduced
-8.29
-2,060,710
18,649,800
-%
May 10, 2024
TD Waterhouse Canada Inc.
sold off
-100
-66,105
-
-%
May 10, 2024
GROUP ONE TRADING, L.P.
reduced
-8.07
-10,383
96,315
-%
May 10, 2024
OSAIC HOLDINGS, INC.
reduced
-29.86
-415,222
918,910
-%
May 10, 2024
MACKENZIE FINANCIAL CORP
added
33.55
66,587
280,417
-%
May 10, 2024
CIBC Private Wealth Group, LLC
new
-
5,872
5,872
-%

1–10 of 46

Are Funds Buying or Selling PMT?

Are funds buying PMT calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own PMT
No. of Funds

Unveiling PennyMac Mortgage Investment Trust's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
t. rowe price investment management, inc.
7.0%
6,046,009
SC 13G
Feb 13, 2024
vanguard group inc
11.41%
9,884,272
SC 13G/A
Jan 22, 2024
blackrock inc.
17.6%
15,249,166
SC 13G/A
Feb 14, 2023
t. rowe price investment management, inc.
5.3%
4,688,236
SC 13G
Feb 09, 2023
vanguard group inc
11.44%
10,170,198
SC 13G/A
Feb 07, 2023
goldman sachs asset management, l.p.
3.7%
3,287,120
SC 13G/A
Jan 27, 2023
blackrock inc.
18.1%
16,106,023
SC 13G/A
Jan 23, 2023
blackrock inc.
18.0%
15,946,495
SC 13G/A
Feb 04, 2022
goldman sachs asset management, l.p.
5.1%
4,908,610
SC 13G
Jan 27, 2022
blackrock inc.
18.2%
17,639,276
SC 13G/A

Recent SEC filings of PennyMac Mortgage Investment Trust

View All Filings
Date Filed Form Type Document
May 02, 2024
10-Q
Quarterly Report
Apr 30, 2024
4
Insider Trading
Apr 24, 2024
8-K
Current Report
Apr 19, 2024
ARS
ARS
Apr 19, 2024
DEF 14A
DEF 14A
Apr 19, 2024
DEFA14A
DEFA14A
Mar 20, 2024
4
Insider Trading
Mar 20, 2024
8-K
Current Report
Mar 14, 2024
4
Insider Trading
Mar 14, 2024
4
Insider Trading

Peers (Alternatives to PennyMac Mortgage Investment Trust)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
87.0B
11.2B
-3.29% -5.04%
44.09
7.76
3.63% 50.79%
43.4B
6.8B
-2.08% -16.03%
31.12
6.34
-2.39% -16.60%
28.0B
2.8B
4.41% 9.45%
29.34
9.99
5.72% -6.47%
21.1B
3.0B
-7.03% -1.46%
107.38
7.14
10.44% -73.79%
13.3B
1.6B
-0.44% 2.82%
31.57
8.22
8.93% 11.87%
11.0B
1.4B
-1.48% 0.54%
29.34
8.01
10.48% -2.93%
9.6B
3.3B
-5.91% 21.40%
50.19
2.92
4.82% -75.15%
MID-CAP
8.5B
1.2B
-0.34% 10.98%
35.68
7.39
5.48% -38.69%
3.4B
892.3M
-4.76% 151.55%
-6.64
3.81
-5.33% -307.54%
3.3B
878.0M
-5.55% 59.42%
-9.76
3.81
2.35% -290.60%
SMALL-CAP
1.4B
444.1M
-0.40% 17.11%
19.69
3.04
3.54% 8.91%
1.2B
198.2M
-2.50% -4.22%
-7.46
6.02
-43.33% -308.08%
1.1B
650.2M
-3.83% 4.75%
36.04
1.7
27.93% 140.31%
563.8M
285.4M
-15.69% -36.62%
-4.09
1.98
11.05% 83.70%
451.6M
277.2M
2.66% -14.90%
-55.08
1.63
25.89% 94.64%

PennyMac Mortgage Investment Trust News

Latest updates
Defense World • 21 hours ago
Business Wire • 24 Apr 2024 • 08:16 pm

PennyMac Mortgage Investment Trust Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In null)
Income Statement (Quarterly)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-83.3%46.0027328110920329639021730422815212250.0083.0011755824518813196.00107
Operating Expenses-5.9%42.0044.0045.0044.0052.0055.0061.0061.0064.0069.0089.0010811012399.0090.0078.0096.0083.0063.0057.00
EBITDA Margin-14.8%0.20*0.23*0.17*0.18*0.10*0.10*0.08*-0.40*-0.46*-0.33*0.14*1.19*---------
Interest Expenses-38.1%-27.97-20.24-24.99-24.71-26.12-22.30-4.4213.00-12.45-18.06-17.20-35.52-38.72-21.062.00-20.24-8.943.004.006.008.00
Income Taxes-20.9%-15.23-12.5957.0022.00-21.90-10.1478.0031.0037.00-2.62-4.70-24.2919.00-8.9823.003.0010.001.00-21.87-10.86-3.66
Earnings Before Taxes-19.6%32.0040.0011847.0039.00-5.4890.00-39.8718.00-19.51-40.6614.0091.0074.00122468-58459.0048.0033.0050.00
EBT Margin-12.1%0.34*0.38*0.34*0.33*0.19*0.16*0.15*-0.28*-0.12*0.23*0.75*1.72*---------
Net Income-30.0%37.0053.0061.0025.0061.005.0012.00-70.73-19.13-16.89-35.9538.0072.0083.00100465-59459.0070.0044.0054.00
Net Income Margin-20.5%0.25*0.31*0.26*0.20*0.01*-0.19*-0.28*-0.49*-0.14*0.29*0.85*1.67*---------
Free Cashflow-164.2%-34253364.002,020-1,276509-402-69.471,747-104154-999---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-6.3%12,29413,11413,22313,38515,35713,92213,94613,21712,38813,77313,86913,59812,52211,49210,4559,08411,91811,77110,7459,4667,556
    Cash Equivalents-100.0%-28123623911911259.0033218859.0013269.0093.0058.002783461,09910411478.0069.00
Liabilities-7.4%10,33511,15711,27411,45313,38611,95911,92911,14710,16611,40511,38911,25510,1659,1958,1746,84810,0959,3208,5257,5225,828
  Long Term Debt-100.0%-600-548547546546545544502500497494197196------
Shareholder's Equity0.1%1,9591,9571,9491,9311,9711,9632,0172,0712,2222,3682,4792,3432,3572,2972,2812,2351,8232,4512,2201,9441,728
  Retained Earnings0.5%-506-508-516-532-511-526-485-444-320-256-183-95.72-81.48-100-131-185-60322.0017.00-3.74-4.69
  Additional Paid-In Capital0.0%1,9231,9231,9231,9221,9401,9471,9601,9732,0002,0822,1202,1382,1382,0972,1122,1202,1262,1281,9021,6471,432
Shares Outstanding0.3%87.0087.0087.0087.0088.0089.0092.0093.0094.0097.0098.0098.00---------
Float----1,160---1,250---2,045---1,709---1,679-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-164.2%-342,371533,01163,6382,019,736-1,276,212508,967-402,047-69,4741,747,025-104,840153,548-999,167-1,869,25519,018-1,955,297902,6851,705,250-653,470-1,416,557-1,059,950144,903
  Share Based Compensation-23.5%1,3651,7841,4208451,1561,1809591,1421,029466-7951,0101,7386935478691861,1821,3161,4151,617
Cashflow From Investing1037.6%770,796-82,208193,138-9,913-122,743-524,773-557,595-588,534-196,572-2,426104,75559,802930,882-1,253,753747,5391,094,807-603,960-334,262285,216-831,100175,469
Cashflow From Financing-43.5%-582,932-406,114-259,185-1,889,6901,405,76168,741686,564802,137-1,421,55634,508-195,178915,139973,5111,013,9531,140,237-2,750,865-105,966978,1371,167,3161,900,188-311,679
  Dividend Payments-100.0%-34,80534,80435,35035,65842,22842,83243,68944,79745,67346,09846,10946,09339,59239,79225,00347,19342,87037,05332,26228,816
  Buy Backs-100.0%-1,479-19,4487,56314,24713,49828,41831,82939,15617,178521-15,6508,2737,5615,783----
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PMT Income Statement

2024-03-31
Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Net investment income  
Contractually specified$ 160,357$ 164,214
Other3,0113,943
Net mortgage loan servicing fees163,368168,157
Change in fair value of mortgage servicing rights(28,202)(137,444)
Mortgage servicing rights hedging results(89,814)(54,891)
Net servicing fees from non-affiliates45,705(23,693)
Net gains on investments and financings39,753125,804
Net gains on loans acquired for sale:14,5186,473
Loan origination fees2,0087,706
Interest income143,559153,019
Interest expense171,527179,137
Net interest expense(27,968)(26,118)
Results of real estate acquired in settlement of loans13456
Other55138
Net investment income74,20590,366
Expenses  
Management fees7,1887,257
Compensation1,9161,539
Professional services1,7581,523
Loan collection and liquidation1,369579
Safekeeping9321,116
Loan origination4732,178
Other3,9105,001
Total expenses41,82451,565
Income before benefit from income taxes32,38138,801
Benefit from income taxes(15,227)(21,896)
Net income47,60860,697
Dividends on preferred shares10,45510,455
Net income attributable to common shareholders$ 37,153$ 50,242
Earnings per common share  
Basic$ 0.43$ 0.56
Diluted$ 0.39$ 0.5
Weighted average common shares outstanding  
Basic86,68988,831
Diluted111,017113,388
Nonaffiliates [Member]  
Net investment income  
Other$ 3,011$ 3,943
Net servicing fees from non-affiliates45,352(24,178)
Net gains on loans acquired for sale:12,9135,145
Interest income143,559153,019
Interest expense171,527179,137
PennyMac Financial Services, Inc. [Member]  
Net investment income  
From PennyMac Financial Services, Inc.353485
Net gains on loans acquired for sale:1,6051,328
Expenses  
Loan servicing fees20,26220,449
Management fees7,1887,257
Loan fulfillment fees$ 4,016$ 11,923

PMT Balance Sheet

2024-03-31
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
ASSETS  
Cash$ 126,578$ 281,085
Short-term investments at fair value343,343128,338
Mortgage-backed securities at fair value pledged to creditors3,949,6784,836,292
Loans acquired for sale at fair value ($903,963 and $659,751 pledged to creditors, respectively)911,602669,018
Loans at fair value ($1,406,774 and $1,431,896 pledged to creditors, respectively)1,408,6101,433,820
Derivative assets50,07489,591
Derivative assets ($22,899 and $16,160 pledged to creditors, respectively)62,734177,984
Deposits securing credit risk transfer arrangements pledged to creditors1,187,1001,209,498
Mortgage servicing rights at fair value ($3,901,513 and $3,871,249 pledged to creditors, respectively)3,951,7373,919,107
Servicing advances ($105,287 and $181,201 pledged to creditors, respectively)125,971206,151
Due from PennyMac Financial Services, Inc.10,0657,199
Other ($1,891 and $1,905 pledged to creditors, respectively)226,346252,538
Total assets12,293,70013,113,887
LIABILITIES  
Assets sold under agreements to repurchase5,118,3775,624,558
Mortgage loan participation purchase and sale agreements25,216 
Notes payable secured by credit risk transfer and mortgage servicing assets2,880,0252,910,605
Unsecured senior notes601,373600,458
Asset-backed financing of variable interest entities at fair value1,308,6801,336,731
Interest-only security payable at fair value32,22732,667
Derivative and credit risk transfer strip liabilities at fair value18,75051,381
Accounts payable and accrued liabilities125,055354,989
Income taxes payable174,730190,003
Liability for losses under representations and warranties19,51926,143
Total liabilities10,334,78711,156,797
Commitments and contingencies ─ Note 17
SHAREHOLDERS’ EQUITY  
Preferred shares of beneficial interest, $0.01 par value per share, authorized 100,000,000 shares, issued and outstanding 22,400,000, liquidation preference $560,000,000541,482541,482
Common shares of beneficial interest-authorized, 500,000,000 common shares of $0.01 par value; issued and outstanding, 86,845,447 and 86,624,044 common shares, respectively868866
Additional paid-in capital1,922,9541,923,437
Accumulated deficit(506,391)(508,695)
Total shareholders’ equity1,958,9131,957,090
Total liabilities and shareholders’ equity12,293,70013,113,887
Variable Interest Entities [Member]  
ASSETS  
Loans at fair value ($1,406,774 and $1,431,896 pledged to creditors, respectively)1,406,5761,431,689
Derivative assets22,89916,160
Deposits securing credit risk transfer arrangements pledged to creditors1,187,1001,209,498
Other interest receivable4,0474,106
Total assets2,620,6222,661,453
LIABILITIES  
Asset-backed financing of variable interest entities at fair value1,308,6801,336,731
Interest-only security payable at fair value32,22732,667
Derivative and credit risk transfer strip liabilities at fair value17,35246,692
Accounts payable and accrued liabilities interest payable4,0474,106
Total liabilities1,362,3061,420,196
PennyMac Financial Services, Inc. [Member]  
ASSETS  
Due from PennyMac Financial Services, Inc.156
LIABILITIES  
Due to PennyMac Financial Services, Inc.$ 30,835$ 29,262
PMT
PennyMac Mortgage Investment Trust, a specialty finance company, primarily invests in mortgage-related assets in the United States. It operates through four segments: Credit Sensitive Strategies, Interest Rate Sensitive Strategies, Correspondent Production, and Corporate. The company's Credit Sensitive Strategies segment invests in credit risk transfer (CRT) agreements, CRT securities, distressed loans, real estate, and non-agency subordinated bonds. Its Interest Rate Sensitive Strategies segment engages in investing in mortgage servicing rights, excess servicing spreads, and agency and senior non-agency mortgage-backed securities (MBS), as well as related interest rate hedging activities. The company's Correspondent Production segment is involved in purchasing, pooling, and reselling newly originated prime credit residential loans directly or in the form of MBS. 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 shareholders. PennyMac Mortgage Investment Trust was founded in 2009 and is headquartered in Westlake Village, California.
0
 CEO
 WEBSITEpennymacmortgageinvestmenttrust.com
 INDUSTRYREIT Mortgage

PennyMac Mortgage Investment Trust Frequently Asked Questions


What is the ticker symbol for PennyMac Mortgage Investment Trust? What does PMT stand for in stocks?

PMT is the stock ticker symbol of PennyMac Mortgage Investment Trust. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of PennyMac Mortgage Investment Trust (PMT)?

As of Thu May 09 2024, market cap of PennyMac Mortgage Investment Trust is 1.28 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PMT stock?

You can check PMT's fair value in chart for subscribers.

What is the fair value of PMT stock?

You can check PMT's fair value in chart for subscribers. The fair value of PennyMac Mortgage Investment Trust is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of PennyMac Mortgage Investment Trust is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PMT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is PennyMac Mortgage Investment Trust a good stock to buy?

The fair value guage provides a quick view whether PMT is over valued or under valued. Whether PennyMac Mortgage Investment Trust is cheap or expensive depends on the assumptions which impact PennyMac Mortgage Investment Trust's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PMT.

What is PennyMac Mortgage Investment Trust's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 09 2024, PMT's PE ratio (Price to Earnings) is 7.25 and Price to Sales (PS) ratio is 1.8. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PMT PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on PennyMac Mortgage Investment Trust's stock?

In the past 10 years, PennyMac Mortgage Investment Trust has provided 0.057 (multiply by 100 for percentage) rate of return.