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
$13.171 Year Return
Current Value
$13.171 Year Return
Key Details
Market Cap
$1.15B
P/E Ratio
9.74
1Y Stock Return
-4.97%
1Y Revenue Growth
37.11%
Dividend Yield
10.70%
Price to Book
0.8
Strategies that include PMT
Stock's related to PMT
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| VSTA | 0.06% | $204.94M | -39.33% | 0.00% |
| SMC | 0.10% | $383.35M | +97.26% | 0.00% |
| EW | 0.16% | $41.40B | +4.84% | 0.00% |
| QXO | -0.29% | $6.51B | -35.95% | 0.00% |
| CRIS | -0.30% | $32.09M | -55.52% | 0.00% |
| GSK | 0.34% | $68.24B | -5.43% | 4.71% |
| ORN | 0.37% | $333.77M | +78.01% | 0.00% |
| IMRN | -0.48% | $10.31M | -5.04% | 0.00% |
| SCKT | -0.58% | $10.88M | +15.32% | 0.00% |
| NNVC | -0.66% | $19.66M | +25.69% | 0.00% |
| ALL | 0.78% | $52.06B | +45.67% | 1.85% |
| WM | -0.92% | $87.92B | +27.58% | 1.34% |
| SYPR | -0.94% | $32.23M | -26.32% | 0.00% |
| PRPO | 0.96% | $9.10M | -13.65% | 0.00% |
| HSY | 1.04% | $34.45B | -10.68% | 3.21% |
| XOS | 1.12% | $30.51M | -57.24% | 0.00% |
| FAT | 1.17% | $89.30M | -11.53% | 10.73% |
| ERIE | -1.19% | $19.39B | +46.23% | 1.23% |
| STVN | 1.26% | $4.95B | -32.48% | 0.32% |
| ABBV | 1.27% | $294.35B | +20.07% | 3.72% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| SNY | -23.08% | $120.34B | +3.11% | 4.25% |
| HUSA | -15.66% | $16.69M | -11.56% | 0.00% |
| CHD | -14.21% | $27.18B | +19.50% | 1.03% |
| TRVG | -13.23% | $37.05M | -37.92% | 0.00% |
| KNSL | -12.34% | $10.93B | +29.38% | 0.13% |
| MCK | -11.74% | $78.15B | +35.51% | 0.42% |
| B | -10.21% | $2.38B | +80.47% | 1.37% |
| FATBB | -9.93% | $81.94M | -12.91% | 11.69% |
| CBOE | -9.00% | $21.46B | +15.84% | 1.11% |
| PG | -8.08% | $402.15B | +14.14% | 2.33% |
| PGR | -7.25% | $149.10B | +57.29% | 0.45% |
| RNR | -7.08% | $13.74B | +23.09% | 0.58% |
| CME | -6.91% | $82.76B | +9.21% | 1.98% |
| BTCT | -6.80% | $42.61M | +353.33% | 0.00% |
| CHKP | -6.59% | $19.20B | +20.74% | 0.00% |
| DOGZ | -6.09% | $614.77M | +1,372.26% | 0.00% |
| COR | -5.80% | $47.48B | +21.20% | 0.86% |
| SAM | -4.87% | $3.58B | -7.64% | 0.00% |
| MNOV | -4.80% | $93.19M | +2.15% | 0.00% |
| UUU | -4.43% | $4.97M | -41.89% | 0.00% |
ETF's related to PMT
News
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...
SeekingAlpha
PennyMac Mortgage Investment Trust is a REIT that invests in mortgages. Check out why Series C preferred shares are recommended over other options.
SeekingAlpha
US equity markets snapped a six-week winning streak. Check out the latest on US equity markets and interest rates, plus updates on real estate equities.
Yahoo
Investors need to pay close attention to PennyMac Mortgage (PMT) stock based on the movements in the options market lately.
Yahoo
Q3 2024 PennyMac Mortgage Investment Trust Earnings Call
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.