Summary
13.80 -0.12(-0.83%)09/06/2024
Pennymac Mortgage Investment Trust (PMT)
Pennymac Mortgage Investment Trust (PMT)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| -0.83 | -2.89 | 3.92 | 0.25 | -2.92 | 6.77 | -11.76 | 172.81 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
| Trading Data | ||
| Close | 13.80 | |
| Open | 13.85 | |
| High | 13.89 | |
| Low | 13.73 | |
| Volume | 560,769 | |
| Change | -0.12 | |
| Change % | -0.83 | |
| Avg Volume (20 Days) | 660,645 | |
| Volume/Avg Volume (20 Days) Ratio | 0.85 | |
| 52 Week Range | 10.52 - 15.89 | |
| Price vs 52 Week High | -13.18% | |
| Price vs 52 Week Low | 31.13% | |
| Range | -0.40 | |
| Gap Up/Down | -0.12 | |
Fundamentals | ||
| Market Capitalization (Mln) | 1,198 | |
| EBIDTA | 0 | |
| PE Ratio | 9.7368 | |
| PEG Ratio | 2.1200 | |
| WallStreet Target Price | 14.78 | |
| Book Value | 16.3210 | |
| Earnings Per Share | 1.5200 | |
| EPS Estimate Current Quarter | 0.3200 | |
| EPS Estimate Next Quarter | 0.3200 | |
| EPS Estimate Current Year | 1.4800 | |
| EPS Estimate Next Year | 1.5000 | |
| Diluted EPS (TTM) | 1.5200 | |
| Revenues | ||
| Profit Marging | 0.3107 | |
| Operating Marging (TTM) | 0.3162 | |
| Return on asset (TTM) | 0.0135 | |
| Return on equity (TTM) | 0.0950 | |
| Revenue TTM | 600,464,000 | |
| Revenue per share TTM | 6.9150 | |
| Quarterly Revenue Growth (YOY) | -0.5500 | |
| Quarterly Earnings Growth (YOY) | -0.2150 | |
| Gross Profit (TTM) | -321,203,000 | |
| Dividends | ||
| Dividend Share | 1.6000 | |
| Dividend Yield | 0.1081 | |
| Valuations | ||
| Trailing PE | 9.7368 | |
| Forward PE | 11.1359 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 0.8294 | |
| Revenue Enterprise Value | 8.7812 | |
| EBITDA Enterprise Value | 0.0000 | |
| Shares | ||
| Shares Outstanding | 86,845,400 | |
| Shares Float | 70,627,060 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.04 | |
| Insider (%) | 1.05 | |
| Institutions (%) | 68.00 | |
08/29 08:00 EST - businesswire.com
PennyMac Mortgage Investment Trust to Present at the 2024 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 2024 Barclays Global Financial Services Conference. Chairman and Chief Executive Officer David Spector and Senior Managing Director and Chief Financial Officer Daniel Perotti will participate in a fireside chat at 10:30 a.m. Eastern Time on Monday, September 9, 2024. A link to the live audio webcast will.
PennyMac Mortgage Investment Trust to Present at the 2024 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 2024 Barclays Global Financial Services Conference. Chairman and Chief Executive Officer David Spector and Senior Managing Director and Chief Financial Officer Daniel Perotti will participate in a fireside chat at 10:30 a.m. Eastern Time on Monday, September 9, 2024. A link to the live audio webcast will.
08/29 08:00 EST - businesswire.com
PennyMac Financial Services, Inc. to Present at the 2024 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 2024 Barclays Global Financial Services Conference. Chairman and Chief Executive Officer David Spector and Senior Managing Director and Chief Financial Officer Daniel Perotti will participate in a fireside chat at 10:30 a.m. Eastern Time on Monday, September 9, 2024. A link to the live audio webcast will.
PennyMac Financial Services, Inc. to Present at the 2024 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 2024 Barclays Global Financial Services Conference. Chairman and Chief Executive Officer David Spector and Senior Managing Director and Chief Financial Officer Daniel Perotti will participate in a fireside chat at 10:30 a.m. Eastern Time on Monday, September 9, 2024. A link to the live audio webcast will.
08/22 17:43 EST - seekingalpha.com
PennyMac Preferred Shares And The Obvious Lawsuit
PennyMac Mortgage Investment Trust is a mortgage REIT with 3 series of preferred shares. PMT-A and PMT-B are fixed-to-floating preferred shares, but PennyMac announced they are fixed-rate due to the LIBOR Act. The claim looks about as realistic as a 7th grader announcing all the models that were at his secret party last weekend.
PennyMac Preferred Shares And The Obvious Lawsuit
PennyMac Mortgage Investment Trust is a mortgage REIT with 3 series of preferred shares. PMT-A and PMT-B are fixed-to-floating preferred shares, but PennyMac announced they are fixed-rate due to the LIBOR Act. The claim looks about as realistic as a 7th grader announcing all the models that were at his secret party last weekend.
08/21 19:26 EST - prnewswire.com
Preliminary Economic Assessment - Investor Webinar
VANCOUVER, BC , Aug. 21, 2024 /PRNewswire/ - August 22, 2024 – Sydney, Australia Patriot Battery Metals Inc. (the "Company" or "Patriot") (TSX: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) advises that Ken Brinsden, the Company's President, CEO and Managing Director, will host a live investor webinar today, to present the findings of the Preliminary Economic Assessment on the Shaakichiuwaanaan Project, reported in the announcement dated 21 August, "PEA Highlights Shaakichiuwaanaan Project as a Potential North American Lithium Raw Materials Supply Base". Mr Brinsden will update investors on the key findings of the PEA, with the opportunity for investors, analysts and shareholders to submit questions via the online Q&A webinar portal following the completion of Mr Brinsden's presentation.
Preliminary Economic Assessment - Investor Webinar
VANCOUVER, BC , Aug. 21, 2024 /PRNewswire/ - August 22, 2024 – Sydney, Australia Patriot Battery Metals Inc. (the "Company" or "Patriot") (TSX: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) advises that Ken Brinsden, the Company's President, CEO and Managing Director, will host a live investor webinar today, to present the findings of the Preliminary Economic Assessment on the Shaakichiuwaanaan Project, reported in the announcement dated 21 August, "PEA Highlights Shaakichiuwaanaan Project as a Potential North American Lithium Raw Materials Supply Base". Mr Brinsden will update investors on the key findings of the PEA, with the opportunity for investors, analysts and shareholders to submit questions via the online Q&A webinar portal following the completion of Mr Brinsden's presentation.
08/16 06:24 EST - seekingalpha.com
10% Or Higher Dividend Yields
BDCs, mortgage REITs, preferred shares, and one baby bond. Most are yielding over 10%. I hope you're ready for the weekend. We're going to do quick coverage on each share. Some of these preferred share and baby bond combinations appear to be slightly mispriced.
10% Or Higher Dividend Yields
BDCs, mortgage REITs, preferred shares, and one baby bond. Most are yielding over 10%. I hope you're ready for the weekend. We're going to do quick coverage on each share. Some of these preferred share and baby bond combinations appear to be slightly mispriced.
08/15 08:00 EST - businesswire.com
PennyMac Mortgage Investment Trust Declares Third 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 third quarter of 2024 on its 8.125% Series A Preferred Shares (NYSE: PMT PRA), its 8.000% Series B Preferred Shares (NYSE: PMT PRB) and its 6.750% Series C Preferred Shares (NYSE: PMT PRC). In accordance with the terms for each preferred series, the dividend information is as follows: Series Ticker Annual Dividend Rate Dividend.
PennyMac Mortgage Investment Trust Declares Third 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 third quarter of 2024 on its 8.125% Series A Preferred Shares (NYSE: PMT PRA), its 8.000% Series B Preferred Shares (NYSE: PMT PRB) and its 6.750% Series C Preferred Shares (NYSE: PMT PRC). In accordance with the terms for each preferred series, the dividend information is as follows: Series Ticker Annual Dividend Rate Dividend.
08/02 03:19 EST - seekingalpha.com
Bashing Big Yielders
Dividends need to be sustained to create value. We're highlighting a company that regularly falls short. I made some mistakes many years ago and I want to address them so we can all learn from them.
Bashing Big Yielders
Dividends need to be sustained to create value. We're highlighting a company that regularly falls short. I made some mistakes many years ago and I want to address them so we can all learn from them.
07/25 22:36 EST - seekingalpha.com
2 Big Dividend Yielders And My Rant About Accounting
Accounting is driving a failure of efficient markets. The persistency of this market failure is absurd. Investors love LIBOR swaps and don't care for other tools that serve the same purpose. DX and AGNC are much more similar than investors think. This is primarily due to being clueless about accounting.
2 Big Dividend Yielders And My Rant About Accounting
Accounting is driving a failure of efficient markets. The persistency of this market failure is absurd. Investors love LIBOR swaps and don't care for other tools that serve the same purpose. DX and AGNC are much more similar than investors think. This is primarily due to being clueless about accounting.
07/23 21:14 EST - seekingalpha.com
PennyMac Mortgage Investment Trust (PMT) Q2 2024 Earnings Call Transcript
PennyMac Mortgage Investment Trust (NYSE:PMT ) Q2 2024 Earnings Conference Call July 23, 2024 6:00 PM ET Company Participants David Spector - Chairman and CEO Dan Perotti - CFO Conference Call Participants Jason Weaver - Jones Trading Doug Harter - UBS Crispin Love - Piper Sandler Bose George - KBW Matthew Howlett - B. Riley Financial Michael Kaye - Wells Fargo Operator Good afternoon, and welcome to PennyMac Mortgage Investment Trust Second Quarter Earnings Call.
PennyMac Mortgage Investment Trust (PMT) Q2 2024 Earnings Call Transcript
PennyMac Mortgage Investment Trust (NYSE:PMT ) Q2 2024 Earnings Conference Call July 23, 2024 6:00 PM ET Company Participants David Spector - Chairman and CEO Dan Perotti - CFO Conference Call Participants Jason Weaver - Jones Trading Doug Harter - UBS Crispin Love - Piper Sandler Bose George - KBW Matthew Howlett - B. Riley Financial Michael Kaye - Wells Fargo Operator Good afternoon, and welcome to PennyMac Mortgage Investment Trust Second Quarter Earnings Call.
07/23 18:31 EST - zacks.com
PennyMac Mortgage (PMT) Misses Q2 Earnings and Revenue Estimates
PennyMac Mortgage (PMT) came out with quarterly earnings of $0.17 per share, missing the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.16 per share a year ago.
PennyMac Mortgage (PMT) Misses Q2 Earnings and Revenue Estimates
PennyMac Mortgage (PMT) came out with quarterly earnings of $0.17 per share, missing the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.16 per share a year ago.
07/23 17:44 EST - prnewswire.com
Patriot Files Final Base Shelf Prospectus
VANCOUVER, BC , July 23, 2024 /PRNewswire/ - July 24, 2024 – Sydney, Australia Patriot Battery Metals Inc. (the "Company" or "Patriot") (TSX: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) announces that it has obtained a receipt for a final short form base shelf prospectus further to its filing of a preliminary short form base shelf prospectus, previously announced on July 11, 2024. Both documents have been filed with the securities regulatory authorities in each of the provinces of Canada.
Patriot Files Final Base Shelf Prospectus
VANCOUVER, BC , July 23, 2024 /PRNewswire/ - July 24, 2024 – Sydney, Australia Patriot Battery Metals Inc. (the "Company" or "Patriot") (TSX: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) announces that it has obtained a receipt for a final short form base shelf prospectus further to its filing of a preliminary short form base shelf prospectus, previously announced on July 11, 2024. Both documents have been filed with the securities regulatory authorities in each of the provinces of Canada.
07/21 18:29 EST - seekingalpha.com
Mortgage REITs Surging
After a terrible start to the year, mortgage REITs are hot in July. Don't tell ORC. They missed most of the rally. If only it was an opportunity to destroy book value. They're so good at that. Quick commentary on MAIN.
Mortgage REITs Surging
After a terrible start to the year, mortgage REITs are hot in July. Don't tell ORC. They missed most of the rally. If only it was an opportunity to destroy book value. They're so good at that. Quick commentary on MAIN.
07/21 09:00 EST - seekingalpha.com
Certainly Uncertain
U.S. equity markets posted their worst week since April while benchmark interest rates rebounded from four-month lows as a wild week of political developments sparked a surge in volatility. Markets reflected a higher likelihood of a conservative victory after former President Trump survived an assassination attempt last weekend, adding fuel to the rotation from multinational growth towards value-oriented domestic. The tech-heavy Nasdaq 100 slid 4% on the week, as tech-specific concerns compounded pre-existing macroeconomic dynamics, but small-cap and mid-cap indices outperformed.
Certainly Uncertain
U.S. equity markets posted their worst week since April while benchmark interest rates rebounded from four-month lows as a wild week of political developments sparked a surge in volatility. Markets reflected a higher likelihood of a conservative victory after former President Trump survived an assassination attempt last weekend, adding fuel to the rotation from multinational growth towards value-oriented domestic. The tech-heavy Nasdaq 100 slid 4% on the week, as tech-specific concerns compounded pre-existing macroeconomic dynamics, but small-cap and mid-cap indices outperformed.
07/12 08:29 EST - seekingalpha.com
12%+ Dividend Yields Duel
This is a head-to-head battle between two of the high yielders. Both are at least over 12%. This is a lesson in evaluating similar shares for differences in valuation. The emphasis here is on the change in valuation. These shares should have similar valuations, but they don't.
12%+ Dividend Yields Duel
This is a head-to-head battle between two of the high yielders. Both are at least over 12%. This is a lesson in evaluating similar shares for differences in valuation. The emphasis here is on the change in valuation. These shares should have similar valuations, but they don't.
07/11 20:58 EST - prnewswire.com
Patriot Files Preliminary Base Shelf Prospectus
VANCOUVER, BC , July 11, 2024 /PRNewswire/ - July 12, 2024 – Sydney, Australia Patriot Battery Metals Inc. (the "Company" or "Patriot") (TSX: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) announces it has filed a preliminary short form base shelf prospectus with the securities regulatory authorities in each of the provinces of Canada. Patriot President, Managing Director & CEO Ken Brinsden said: "Given Patriot supports both a TSX and ASX listing, the filing of a Base Shelf Prospectus better aligns the share issue process on TSX with ASX outcomes.
Patriot Files Preliminary Base Shelf Prospectus
VANCOUVER, BC , July 11, 2024 /PRNewswire/ - July 12, 2024 – Sydney, Australia Patriot Battery Metals Inc. (the "Company" or "Patriot") (TSX: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) announces it has filed a preliminary short form base shelf prospectus with the securities regulatory authorities in each of the provinces of Canada. Patriot President, Managing Director & CEO Ken Brinsden said: "Given Patriot supports both a TSX and ASX listing, the filing of a Base Shelf Prospectus better aligns the share issue process on TSX with ASX outcomes.
07/10 03:06 EST - seekingalpha.com
4 Double-Digit Dividend Distributors
Dividend yields from 13.2% to 17.4%. Two of these stocks are awful. Pair trade? I keep buying one of the REITs. Hopefully, it isn't one of the awful ones. That would be awful.
4 Double-Digit Dividend Distributors
Dividend yields from 13.2% to 17.4%. Two of these stocks are awful. Pair trade? I keep buying one of the REITs. Hopefully, it isn't one of the awful ones. That would be awful.
07/05 16:09 EST - seekingalpha.com
The Dangers Of High Yield Preferreds
Some high yield preferreds offer stable double-digit yields and potential for capital gains, trading at discounts to par value. Preferreds are paid through dividends, liquidation preference, and redemption, but sit below debt in the capital stack, making them riskier than bonds. Risks include lack of equity cushion, business volatility, and bad actor risk, highlighting the importance of thorough research and caution when investing in preferreds.
The Dangers Of High Yield Preferreds
Some high yield preferreds offer stable double-digit yields and potential for capital gains, trading at discounts to par value. Preferreds are paid through dividends, liquidation preference, and redemption, but sit below debt in the capital stack, making them riskier than bonds. Risks include lack of equity cushion, business volatility, and bad actor risk, highlighting the importance of thorough research and caution when investing in preferreds.
07/03 08:00 EST - businesswire.com
PennyMac Mortgage Investment Trust Announces Issuance of Term Notes Secured by Fannie Mae MSRs
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today the pricing of a private offering of secured term notes (the “Notes”) in an aggregate principal amount of $355 million issued by the Company's indirect subsidiary, PMT ISSUER TRUST – FMSR. The Notes mature on December 27, 2027 and were priced at SOFR + 2.75%. The majority of the Notes were placed with funds and accounts managed by PGIM Fixed Income, a Prudential Financial (NYSE: PRU) compan.
PennyMac Mortgage Investment Trust Announces Issuance of Term Notes Secured by Fannie Mae MSRs
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today the pricing of a private offering of secured term notes (the “Notes”) in an aggregate principal amount of $355 million issued by the Company's indirect subsidiary, PMT ISSUER TRUST – FMSR. The Notes mature on December 27, 2027 and were priced at SOFR + 2.75%. The majority of the Notes were placed with funds and accounts managed by PGIM Fixed Income, a Prudential Financial (NYSE: PRU) compan.
07/02 18:36 EST - prnewswire.com
BLAIR WAY TO RETIRE FROM HIS ROLE AS CHIEF OPERATING OFFICER
VANCOUVER, BC , July 2, 2024 /PRNewswire/ - Jul 3rd, 2024 – Sydney, Australia Patriot Battery Metals Inc. (the "Company" or "Patriot") (TSX: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) advises that Mr Blair Way has retired from his role as Chief Operating Officer, effective 30 June. Mr Way will continue to serve on the Patriot Board as a Non-Executive Director and provide advisory services on a consulting basis over the coming months, ensuring a smooth transition for site and studies works.
BLAIR WAY TO RETIRE FROM HIS ROLE AS CHIEF OPERATING OFFICER
VANCOUVER, BC , July 2, 2024 /PRNewswire/ - Jul 3rd, 2024 – Sydney, Australia Patriot Battery Metals Inc. (the "Company" or "Patriot") (TSX: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) advises that Mr Blair Way has retired from his role as Chief Operating Officer, effective 30 June. Mr Way will continue to serve on the Patriot Board as a Non-Executive Director and provide advisory services on a consulting basis over the coming months, ensuring a smooth transition for site and studies works.
06/26 07:16 EST - zacks.com
Best Income Stocks to Buy for June 26th
PMT, GPRK and SKM made it to the Zacks Rank #1 (Strong Buy) income stocks list on June 26, 2024.
Best Income Stocks to Buy for June 26th
PMT, GPRK and SKM made it to the Zacks Rank #1 (Strong Buy) income stocks list on June 26, 2024.