PMT: PennyMac Mortgage Investment Trust
About
PennyMac Mortgage Investment Trust is a finance company, which invests primarily in residential mortgage loans and mortgage-related assets. It operates through following segments: Correspondent Production, Credit Sensitive Strategies, Interest Rate Sensitive Strategies, and Corporate Activities. The Correspondent Production segment deals with purchasing, pooling, and reselling newly originated prime credit quality mortgage loans either directly or in the form of mortgage-backed securities in capital markets. The Credit Sensitive Strategies segment includes investments in distressed mortgage loans, real estate acquired in settlement of mortgage loans, real estate held for investment, credit risk transfer agreements, non-agency subordinated bonds, and small balance commercial real estate mortgage loans. The Interest Rate Sensitive Strategies segment focuses on investments in mortgage servicing rights, excess servicing spread, agency and senior non-agency mortgage-backed securities, and the related interest rate hedging activities. The Corporate segment includes management fee and corporate expense amounts and certain interest income. The company was founded by Stanford L. Kurland on May 18, 2009 and is headquartered in Westlake Village, CA.
Current Value
$13.591 Year Return
Current Value
$13.591 Year Return
Key Details
Market Cap
$1.18B
P/E Ratio
9.99
1Y Stock Return
-7.13%
1Y Revenue Growth
37.11%
Dividend Yield
10.70%
Price to Book
0.8
Strategies that include PMT
Stock's related to PMT
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| STWD | 70.03% | $6.82B | -1.51% | 9.42% |
| LADR | 67.17% | $1.53B | +6.41% | 7.65% |
| RITM | 66.50% | $5.79B | +5.79% | 8.94% |
| IVR | 65.60% | $522.28M | +4.24% | 18.56% |
| NLY | 65.38% | $11.10B | +7.78% | 13.09% |
| RWT | 65.25% | $921.90M | -2.65% | 9.33% |
| MFA | 65.08% | $1.11B | -1.09% | 12.79% |
| BXMT | 64.72% | $3.28B | -12.44% | 12.18% |
| EFC | 63.76% | $1.12B | -5.52% | 12.63% |
| ARR | 63.68% | $1.08B | +1.89% | 15.60% |
| FBRT | 63.55% | $1.07B | -3.98% | 10.87% |
| TWO | 63.23% | $1.24B | -13.34% | 15.06% |
| CIM | 62.34% | $1.22B | +1.75% | 6.18% |
| AGNC | 62.32% | $8.51B | +7.37% | 14.94% |
| ARI | 61.94% | $1.28B | -18.88% | 13.86% |
| DX | 61.02% | $1.01B | +6.98% | 12.38% |
| CUBI | 60.24% | $1.67B | +8.57% | 0.00% |
| RC | 60.16% | $1.26B | -31.02% | 15.50% |
| NYMT | 59.87% | $593.30M | -26.65% | 12.20% |
| JOE | 58.63% | $2.79B | -13.29% | 1.08% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| SMC | 0.10% | $399.01M | +114.73% | 0.00% |
| PSQH | -0.14% | $179.82M | -14.26% | 0.00% |
| EW | 0.16% | $43.29B | +1.68% | 0.00% |
| SCKT | -0.17% | $11.03M | +26.09% | 0.00% |
| VSTA | 0.28% | $176.78M | -47.12% | 0.00% |
| IMRN | -0.28% | $11.54M | +1.70% | 0.00% |
| GSK | 0.34% | $71.84B | -3.32% | 4.51% |
| ORN | 0.37% | $321.33M | +87.30% | 0.00% |
| OXBR | -0.51% | $22.54M | +251.46% | 0.00% |
| LPTH | -0.57% | $75.36M | +37.68% | 0.00% |
| SYPR | -0.62% | $36.14M | -18.23% | 0.00% |
| ALL | 0.78% | $51.65B | +35.12% | 1.89% |
| SAVA | 0.84% | $139.04M | -90.15% | 0.00% |
| WM | -0.92% | $86.73B | +22.36% | 1.39% |
| QTTB | -0.98% | $297.33M | +153.53% | 0.00% |
| HSY | 1.04% | $37.88B | +1.35% | 3.08% |
| WHLM | -1.10% | $21.04M | -7.91% | 0.00% |
| FAT | 1.17% | $95.03M | -1.25% | 10.11% |
| ERIE | -1.19% | $18.71B | +22.96% | 1.26% |
| NNVC | -1.19% | $21.23M | +28.70% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| SNY | -23.08% | $120.55B | +1.58% | 4.23% |
| HUSA | -16.51% | $16.88M | -24.12% | 0.00% |
| CHD | -14.21% | $26.23B | +13.34% | 1.05% |
| KNSL | -12.34% | $11.72B | +48.23% | 0.12% |
| FATBB | -12.23% | $78.36M | -13.14% | 12.28% |
| MCK | -11.74% | $74.13B | +26.36% | 0.46% |
| B | -10.21% | $2.40B | +63.99% | 1.02% |
| QXO | -9.56% | $6.67B | -74.26% | 0.00% |
| TRVG | -9.35% | $53.46M | -2.82% | 0.00% |
| CBOE | -9.00% | $21.25B | +13.78% | 1.16% |
| PG | -8.08% | $405.73B | +18.05% | 2.29% |
| BTCT | -7.75% | $39.13M | +169.13% | 0.00% |
| PGR | -7.25% | $144.85B | +49.74% | 0.46% |
| RNR | -7.08% | $13.98B | +29.28% | 0.58% |
| CME | -6.91% | $86.19B | +14.50% | 1.94% |
| CHKP | -6.55% | $20.55B | +25.46% | 0.00% |
| STG | -6.43% | $33.55M | -21.21% | 0.00% |
| COR | -5.80% | $45.81B | +16.21% | 0.89% |
| DOGZ | -5.50% | $567.41M | +1,356.54% | 0.00% |
| SAM | -4.87% | $3.63B | -8.21% | 0.00% |
ETF's related to PMT
Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| REM | 77.52% | $641.96M | 0.48% |
| MORT | 76.63% | $304.83M | 0.43% |
| RIET | 70.92% | $89.58M | 0.5% |
| KBWD | 70.55% | $405.26M | 2.02% |
| XSHD | 67.61% | $62.21M | 0.3% |
| SRET | 66.45% | $213.06M | 0.59% |
| EES | 64.65% | $687.94M | 0.38% |
| SMDV | 64.64% | $764.01M | 0.4% |
| DFAT | 64.59% | $11.41B | 0.28% |
| IWN | 64.45% | $13.69B | 0.24% |
| BSVO | 64.30% | $1.58B | 0.47% |
| IJS | 64.24% | $7.64B | 0.18% |
| VIOV | 64.08% | $1.51B | 0.15% |
| SLYV | 63.93% | $4.25B | 0.15% |
| EZM | 63.91% | $844.93M | 0.38% |
| VBR | 63.86% | $32.92B | 0.07% |
| RSPA | 63.83% | $269.76M | 0% |
| KBWY | 63.80% | $253.86M | 0.35% |
| MDYV | 63.76% | $3.97B | 0.15% |
| IJJ | 63.55% | $8.28B | 0.18% |
Uncorrelated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| KCCA | -0.20% | $123.70M | 0.87% |
| CORN | -0.42% | $61.14M | 0.2% |
| BOXX | 0.42% | $4.47B | 0.1949% |
| DBMF | -0.69% | $1.18B | 0.85% |
| DBA | 0.70% | $793.07M | 0.93% |
| VRIG | 0.76% | $1.10B | 0.3% |
| TBIL | -0.90% | $4.51B | 0.15% |
| CCOR | -1.30% | $107.34M | 1.18% |
| JBBB | -1.33% | $1.36B | 0.49% |
| AGZD | -1.53% | $132.89M | 0.23% |
| MINT | -1.55% | $11.81B | 0.35% |
| CSHI | 1.60% | $481.04M | 0.38% |
| HDRO | -1.78% | $164.26M | 0.3% |
| UNG | 2.04% | $854.11M | 1.06% |
| KRBN | -2.11% | $217.48M | 0.85% |
| DUSB | 2.25% | $855.44M | 0.15% |
| BSCO | 3.87% | $2.14B | 0.1% |
| MSOS | 3.90% | $541.36M | 0.83% |
| JUCY | 3.98% | $324.26M | 0.6% |
| FLTR | 4.20% | $1.86B | 0.14% |
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| USDU | -38.96% | $211.42M | 0.5% |
| UUP | -34.74% | $386.70M | 0.77% |
| VIXY | -33.57% | $195.31M | 0.85% |
| CLOI | -17.68% | $773.20M | 0.4% |
| CTA | -17.43% | $380.14M | 0.76% |
| EQLS | -12.79% | $8.94M | 1% |
| TAIL | -10.38% | $68.43M | 0.59% |
| WEAT | -6.69% | $122.96M | 0.28% |
| KMLM | -6.36% | $332.27M | 0.9% |
| KRBN | -2.11% | $217.48M | 0.85% |
| HDRO | -1.78% | $164.26M | 0.3% |
| MINT | -1.55% | $11.81B | 0.35% |
| AGZD | -1.53% | $132.89M | 0.23% |
| JBBB | -1.33% | $1.36B | 0.49% |
| CCOR | -1.30% | $107.34M | 1.18% |
| TBIL | -0.90% | $4.51B | 0.15% |
| DBMF | -0.69% | $1.18B | 0.85% |
| CORN | -0.42% | $61.14M | 0.2% |
| KCCA | -0.20% | $123.70M | 0.87% |
| BOXX | 0.42% | $4.47B | 0.1949% |
News
SeekingAlpha
Rithm Capital's Updated Sector Comparative Analysis - Part 1 (Includes Recommendation For 19 Peers As Of 12/6/2024)
Yahoo
The United States market has experienced a flat performance over the last week but has seen an impressive 32% increase over the past year, with earnings forecasted to grow by 15% annually. In such a dynamic environment, identifying small-cap stocks that are potentially undervalued and exhibit insider buying can be an intriguing strategy for investors seeking opportunities in this segment.
SeekingAlpha
Recent macroeconomic changes, including the yield curve uninverting and Fed rate cuts, have significantly impacted REIT preferreds. Read on for the ones we're watching.
Yahoo
Investors need to pay close attention to PennyMac Mortgage Investment (PMT) stock based on the movements in the options market lately.
Yahoo
WESTLAKE VILLAGE, Calif., November 14, 2024--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its Board of Trustees has declared cash dividends for the fourth 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).
Yahoo
PennyMac Mortgage Investment Trust ( NYSE:PMT ) Third Quarter 2024 Results Key Financial Results Revenue: US$265.8m (up...
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.