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PMT

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

13.70USD-0.21 (-1.51%)Market Closed

Market Summary

PMT
USD13.70-0.21
Market Closed
-1.51%

PMT Stock Price

View Fullscreen

PMT RSI Chart

PMT Valuation

Market Cap

1.2B

Price/Earnings (Trailing)

5.88

Price/Sales (Trailing)

1.84

EV/EBITDA

6.03

Price/Free Cashflow

0.88

PMT Price/Sales (Trailing)

PMT Profitability

EBT Margin

38.19%

Return on Equity

10.2%

Return on Assets

1.52%

Free Cashflow Yield

114.06%

PMT Fundamentals

PMT Revenue

Revenue (TTM)

639.9M

Rev. Growth (Yr)

9.62%

Rev. Growth (Qtr)

-2.78%

PMT Earnings

Earnings (TTM)

199.7M

Earnings Growth (Yr)

1.0K%

Earnings Growth (Qtr)

-13.86%

Breaking Down PMT Revenue

Last 7 days

4.8%

Last 30 days

-4%

Last 90 days

-5.8%

Trailing 12 Months

16.1%

How does PMT drawdown profile look like?

PMT Financial Health

PMT Investor Care

Dividend Yield

11.8%

Dividend/Share (TTM)

1.6

Buy Backs (1Y)

2.53%

Diluted EPS (TTM)

1.62

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20230469.2M554.5M639.9M
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
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
acquired
-
-
31,337
chairman and ceo
Mar 12, 2024
mcallister, nancy
acquired
-
-
7,660
-
Mar 12, 2024
spector david
acquired
-
-
58,353
chairman and ceo
Mar 12, 2024
preston paul dufauchard, jr.
acquired
-
-
7,660
-
Mar 12, 2024
jones doug
acquired
-
-
18,802
director, president & cmbo
Mar 12, 2024
stark derek
sold (taxes)
-50,094
14.28
-3,508
chief legal officer
Mar 12, 2024
hadley randall d.
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
Apr 23, 2024
AMALGAMATED BANK
reduced
-19.2
-101,000
392,000
-%
Apr 23, 2024
Global Retirement Partners, LLC
unchanged
-
12.00
295
-%
Apr 23, 2024
FIFTH THIRD BANCORP
unchanged
-
-116
6,268
-%
Apr 23, 2024
Gradient Investments LLC
sold off
-100
-613
-
-%
Apr 23, 2024
Louisiana State Employees Retirement System
reduced
-1.15
-19,058
629,772
0.01%
Apr 22, 2024
Raymond James Financial Services Advisors, Inc.
reduced
-24.38
-142,508
410,955
-%
Apr 22, 2024
Rosenberg Matthew Hamilton
unchanged
-
-14.00
584
-%
Apr 22, 2024
RAYMOND JAMES & ASSOCIATES
added
2.24
2,465
622,787
-%
Apr 22, 2024
MetLife Investment Management, LLC
unchanged
-
118,603
695,339
-%
Apr 19, 2024
Tradewinds Capital Management, LLC
new
-
294
294
-%

1–10 of 48

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
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
Mar 14, 2024
4
Insider Trading
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
81.2B
11.1B
-9.63% -14.57%
59.43
7.29
4.04% -19.43%
41.5B
7.0B
-7.14% -23.31%
27.61
5.94
-0.07% -10.36%
26.8B
2.8B
3.01% 9.02%
28.86
9.68
6.73% -18.30%
19.9B
3.0B
-4.73% -3.60%
103.23
6.73
10.44% -74.28%
12.9B
1.6B
-1.98% 8.50%
29.83
8.02
7.80% 39.39%
11.1B
1.3B
1.26% 0.15%
30.42
8.39
8.04% -24.50%
9.9B
3.3B
-0.65% 20.81%
51.88
3.01
5.31% -77.32%
MID-CAP
8.5B
1.1B
3.35% 7.17%
36.02
7.54
5.38% -38.52%
3.5B
884.1M
-4.94% 65.24%
-12.7
3.94
2.90% -314.82%
3.4B
899.4M
-0.98% 126.14%
-6.02
3.78
-0.45% -623.11%
SMALL-CAP
1.3B
441.2M
2.71% 21.12%
20.35
2.98
4.38% 15.77%
1.2B
198.2M
0.88% 3.60%
-7.42
5.71
-43.33% -270.70%
1.1B
605.6M
-6.60% 4.26%
13.7
1.81
25.53% 134.62%
656.9M
258.7M
3.60% -29.41%
-13.5
2.54
0.11% 83.70%
415.3M
277.9M
-9.02% -18.46%
-26.19
1.49
44.33% 96.06%

PennyMac Mortgage Investment Trust News

Latest updates
Yahoo Finance UK • 50 minutes ago

PennyMac Mortgage Investment Trust Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue-2.8%27328110924939021730422815212250.0083.0011755824518813196.0010784.00109
Operating Expenses-1.2%44.0045.0044.0055.0061.0061.0064.0069.0089.0010811012399.0090.0078.0096.0083.0063.0057.0058.0057.00
EBITDA Margin27.9%0.23*0.18*0.31*0.12*0.03*-0.17*-0.19*-0.19*0.07*0.49*0.78*----------
Interest Expenses19.0%-20.24-24.99-24.71-22.30-4.4213.00-12.45-18.06-17.20-35.52-38.72-21.062.00-20.24-8.943.004.006.008.0013.0016.00
Income Taxes-122.1%-12.5957.0022.00-10.1478.0031.0037.00-2.62-4.70-24.2919.00-8.9823.003.0010.001.00-21.87-10.86-3.66-15.425.00
Earnings Before Taxes-66.0%40.0011847.00-5.4890.00-39.8718.00-19.51-40.6614.0091.0074.00122468-58459.0048.0033.0050.0026.0052.00
EBT Margin6.6%0.38*0.36*0.58*0.21*0.05*-0.12*-0.05*0.13*0.39*0.71*0.88*----------
Net Income-13.9%53.0061.0025.005.0012.00-70.73-19.13-16.89-35.9538.0072.0083.00100465-59459.0070.0044.0054.0042.0047.00
Net Income Margin14.3%0.31*0.27*0.34*-0.24*-0.09*-0.21*-0.06*0.16*0.44*0.69*0.83*----------
Free Cashflow737.6%53364.002,020509-402-69.471,747-104154-999-1,869----------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-0.8%13,11413,22313,38515,35713,92213,94613,21712,38813,77313,86913,59812,52211,49210,4559,08411,91811,77110,7459,4667,5567,813
    Cash Equivalents18.9%28123623911911259.0033218859.0013269.0093.0058.002783461,09910411478.0069.0060.00
Liabilities-1.0%11,15711,27411,45313,38611,95911,92911,14710,16611,40511,38911,25510,1659,1958,1746,84810,0959,3208,5257,5225,8286,247
  Long Term Debt---548547546546545544502500497494---------
Shareholder's Equity0.4%1,9571,9491,9311,9711,9632,0172,0712,2222,3682,4792,3432,3572,2972,2812,2351,8232,4512,2201,9441,7281,566
  Retained Earnings1.5%-508-516-532-511-526-485-444-320-256-183-95.72-81.48-100-131-185-60322.0017.00-3.74-4.69-19.72
  Additional Paid-In Capital0.0%1,9231,9231,9221,9401,9471,9601,9732,0002,0822,1202,1382,1382,0972,1122,1202,1262,1281,9021,6471,4321,286
Shares Outstanding-0.2%87.0087.0087.0088.0089.0092.0093.0094.0097.0098.0098.0098.00---------
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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations737.6%533,01163,6382,019,736-1,276,212508,967-402,047-69,4741,747,025-104,840153,548-999,167-1,869,25519,018-1,955,297902,6851,705,250-653,470-1,416,557-1,059,950144,903227,685
  Share Based Compensation25.6%1,7841,4208451,1561,1809591,1421,029466-7951,0101,7386935478691861,1821,3161,4151,617996
Cashflow From Investing-142.6%-82,208193,138-9,913-122,743-524,773-557,595-588,534-196,572-2,426104,75559,802930,882-1,253,753747,5391,094,807-603,960-334,262285,216-831,100175,469-742,149
Cashflow From Financing-56.7%-406,114-259,185-1,889,6901,405,76168,741686,564802,137-1,421,55634,508-195,178915,139973,5111,013,9531,140,237-2,750,865-105,966978,1371,167,3161,900,188-311,679485,380
  Dividend Payments0.0%34,80534,80435,35035,65842,22842,83243,68944,79745,67346,09846,10946,09339,59239,79225,00347,19342,87037,05332,26228,81628,817
  Buy Backs-1,479-19,4487,56314,24713,49828,41831,82939,15617,178521-15,6508,2737,5615,783-----

PMT Income Statement

2023-12-31
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Net investment income   
Contractually specified$ 659,438$ 625,210$ 526,245
Other17,00826,04169,101
Net mortgage loan servicing fees676,446651,251595,346
Change in fair value of mortgage servicing rights(296,847)449,435(337,186)
Mortgage servicing rights hedging results(92,775)(204,879)(345,041)
Net servicing fees from non-affiliates288,608909,551(36,022)
Net gains (losses) on investments and financings:178,099(658,787)304,079
Net gains on loans acquired for sale:39,85725,69287,273
Loan origination fees18,23152,085170,672
Interest income639,907383,794195,239
Interest expense735,968410,420304,737
Net interest expense(96,061)(26,626)(109,498)
Results of real estate acquired in settlement of loans(186)4963,075
Other4721,360718
Net investment income429,020303,771420,297
Expenses   
Management fees28,76231,06537,801
Professional services7,6219,56911,148
Compensation7,1065,9414,000
Loan origination4,60212,03628,792
Loan collection and liquidation4,5625,39611,279
Safekeeping3,7668,2019,087
Other19,03318,57013,944
Total expenses184,625240,684375,636
Income before provision for (benefit from) income taxes244,39563,08744,661
Provision for (benefit from) income taxes44,741136,374(12,193)
Net income (loss)199,654(73,287)56,854
Dividends on preferred shares41,81941,81930,891
Net income (loss) attributable to common shareholders$ 157,835$ (115,106)$ 25,963
Earnings (loss) per common share   
Basic$ 1.8$ (1.26)$ 0.26
Diluted$ 1.63$ (1.26)$ 0.26
Weighted average common shares outstanding   
Basic87,37291,43497,402
Diluted111,70091,43497,402
Nonaffiliates [Member]   
Net investment income   
Other$ 17,008$ 26,041$ 69,101
Net servicing fees from non-affiliates286,824895,807(86,881)
Net gains (losses) on investments and financings:178,099(658,787)302,428
Net gains on loans acquired for sale:32,69520,72480,801
Interest income639,907383,794193,959
Interest expense735,968410,420304,350
PennyMac Financial Services, Inc. [Member]   
Net investment income   
From PennyMac Financial Services, Inc.1,78413,74450,859
Net gains (losses) on investments and financings:001,651
Net gains on loans acquired for sale:7,1624,9686,472
Interest income001,280
Interest expense00387
Expenses   
Loan servicing fees81,34781,91580,658
Management fees28,76231,06537,801
Loan fulfillment fees$ 27,826$ 67,991$ 178,927

PMT Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
ASSETS  
Cash$ 281,085$ 111,866
Short-term investments at fair value128,338252,271
Mortgage-backed securities at fair value pledged to creditors4,836,2924,462,601
Loans acquired for sale at fair value ($659,751 and $1,801,368 pledged to creditors, respectively)669,0181,821,933
Loans at fair value ($1,431,896 and $1,510,148 pledged to creditors, respectively)1,433,8201,513,399
Derivative assets at fair value89,59162,811
Derivative assets ($16,160 and $1,262 pledged to creditors, respectively)177,98484,940
Deposits securing credit risk transfer arrangements pledged to creditors1,209,4981,325,294
Mortgage servicing rights at fair value ($3,871,249 and $3,962,820 pledged to creditors, respectively)3,919,1074,012,737
Servicing advances ($181,201 and $100,888 pledged to creditors, respectively)206,151197,972
Due from PennyMac Financial Services, Inc.7,1997,657
Other ($1,905 and $3,297 pledged to creditors, respectively)252,538134,991
Total assets13,113,88713,921,564
LIABILITIES  
Assets sold under agreements to repurchase5,624,5586,616,528
Notes payable secured by credit risk transfer and mortgage servicing assets2,910,6052,804,028
Unsecured senior notes600,458546,254
Asset-backed financing of variable interest entities at fair value1,336,7311,414,955
Interest-only security payable at fair value32,66721,925
Derivative and credit risk transfer strip liabilities at fair value51,381167,226
Accounts payable and accrued liabilities354,989160,212
Income taxes payable190,003151,778
Liability for losses under representations and warranties26,14339,471
Total liabilities11,156,79711,958,749
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, 86,624,044 and 88,888,889 common shares, respectively866889
Additional paid-in capital1,923,4371,947,266
Accumulated deficit(508,695)(526,822)
Total shareholders’ equity1,957,0901,962,815
Total liabilities and shareholders’ equity13,113,88713,921,564
Variable Interest Entities [Member]  
ASSETS  
Loans at fair value ($1,431,896 and $1,510,148 pledged to creditors, respectively)1,431,6891,509,942
Derivative assets at fair value16,1601,262
Deposits securing credit risk transfer arrangements pledged to creditors1,209,4981,325,294
Other interest receivable4,1064,343
Total assets2,661,4532,840,841
LIABILITIES  
Asset-backed financing of variable interest entities at fair value1,336,7311,414,955
Interest-only security payable at fair value32,66721,925
Derivative and credit risk transfer strip liabilities at fair value46,692160,553
Accounts payable and accrued liabilities interest payable4,1064,343
Total liabilities1,420,1961,601,776
PennyMac Financial Services, Inc. [Member]  
ASSETS  
Due from PennyMac Financial Services, Inc.563,560
LIABILITIES  
Due to PennyMac Financial Services, Inc.$ 29,262$ 36,372
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 Tue Apr 23 2024, market cap of PennyMac Mortgage Investment Trust is 1.17 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 Tue Apr 23 2024, PMT's PE ratio (Price to Earnings) is 5.88 and Price to Sales (PS) ratio is 1.84. 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 0.041 (multiply by 100 for percentage) rate of return.