PMT - PennyMac Mortgage Investment Trust

NYSE - NYSE Delayed Price. Currency in USD
22.37
-0.60 (-2.61%)
At close: 4:02PM EST
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Previous Close22.97
Open23.01
Bid0.00 x 1200
Ask0.00 x 800
Day's Range22.12 - 23.02
52 Week Range20.20 - 23.79
Volume1,430,237
Avg. Volume1,099,273
Market Cap2.241B
Beta (5Y Monthly)0.67
PE Ratio (TTM)9.24
EPS (TTM)2.42
Earnings DateApr 29, 2020 - May 03, 2020
Forward Dividend & Yield1.88 (8.18%)
Ex-Dividend DateDec 29, 2019
1y Target Est23.85
  • Business Wire

    PennyMac Mortgage Investment Trust Declares First Quarter 2020 Dividends for Its Preferred Shares

    PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its Board of Trustees has declared cash dividends for the first quarter of 2020 on its 8.125% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Shares of Beneficial Interest (the "Series A Preferred Shares") (NYSE: PMT PrA) and its 8.00% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Shares of Beneficial Interest (the "Series B Preferred Shares") (NYSE: PMT PrB).

  • Thomson Reuters StreetEvents

    Edited Transcript of PMT earnings conference call or presentation 6-Feb-20 9:30pm GMT

    Q4 2019 PennyMac Mortgage Investment Trust Earnings Call - Prerecorded

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  • PennyMac Mortgage (PMT) Surpasses Q4 Earnings and Revenue Estimates
    Zacks

    PennyMac Mortgage (PMT) Surpasses Q4 Earnings and Revenue Estimates

    PennyMac Mortgage (PMT) delivered earnings and revenue surprises of 1.85% and 16.26%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Business Wire

    PennyMac Mortgage Investment Trust Reports Fourth Quarter and Full-Year 2019 Results

    PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net income attributable to common shareholders of $52.4 million, or $0.55 per common share on a diluted basis for the fourth quarter of 2019, on net investment income of $155.0 million. PMT previously announced a cash dividend for the fourth quarter of 2019 of $0.47 per common share of beneficial interest, which was declared on December 20, 2019 and paid on January 30, 2020 to common shareholders of record as of December 31, 2019.

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  • PennyMac Mortgage (PMT) to Report Q4 Results: What to Expect
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    PennyMac Mortgage (PMT) to Report Q4 Results: What to Expect

    PennyMac Mortgage (PMT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Business Wire

    PennyMac Mortgage Investment Trust Announces Date for Release of Fourth Quarter and Full-Year 2019 Results

    PennyMac Mortgage Investment Trust (NYSE: PMT) will announce results for the quarter and year ended December 31, 2019 in a news release to be issued after the market close on Thursday, February 6, 2020. The release will be available online at www.PennyMac-REIT.com.

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  • How Trading Your Own Retirement Can Fleece Your Financial Future - January 13, 2020
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  • The Extreme Risks of Trading Your Own Retirement Assets - January 03, 2020
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  • PennyMac Mortgage Investment Trust (NYSE:PMT) Shareholders Have Enjoyed A 32% Share Price Gain
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    PennyMac Mortgage Investment Trust (NYSE:PMT) Shareholders Have Enjoyed A 32% Share Price Gain

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  • Do Hedge Funds Love PennyMac Mortgage Investment Trust (PMT)?
    Insider Monkey

    Do Hedge Funds Love PennyMac Mortgage Investment Trust (PMT)?

    Amid an overall bull market, many stocks that smart money investors were collectively bullish on surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Our research shows that most of the stocks that smart money likes historically generate strong […]

  • Best Stocks for 2020: Housing Trend Will Boost PennyMac Financial
    InvestorPlace

    Best Stocks for 2020: Housing Trend Will Boost PennyMac Financial

    Editor's note: This column is part of our Best Stocks for 2020 contest. Louis Navellier's pick for the contest is PennyMac Financial Services (NYSE:PFSI). PennyMac Financial Services (NYSE:PFSI) is certainly one of my favorite picks for the coming year.Why? Because it is perfectly positioned to take advantage of one of the biggest trends in the U.S. economy: housing.InvestorPlace - Stock Market News, Stock Advice & Trading TipsPFSI was formed in 2008, and as of Sept. 30, it is the fourth largest originator and sixth largest loan servicer in the U.S., according to industry journal Inside Mortgage Finance. That's quite a growth track.And the thing is, this is just setting the stage for the next big move. PennyMac Financial on the MoveNext year is a presidential election, but it's more than that. It's an election for all the seats in the House of Representatives and many of those in the Senate, gubernatorial offices and state legislatures. That means politicians are very keen to keep their constituents satisfied.There's no doubt that the president is the cheerleader-in-chief of this economy, and few politicians will stand in the way of spending bills that will help keep voters happy. * These 7 S&P 500 Stocks Will Deliver a Repeat Performance in the Next Decade The stock market is at record highs, consumer confidence is strong and unemployment is low. It even looks like the trade war with China is coming to a near conclusion.What's more, the Federal Reserve has spent the whole year reverting to a very accommodative monetary policy. Low interest rates are here to stay and banks are lending.This all bodes well for both the housing industry and home buyers. Even renters that are looking to upgrade will benefit from lower construction costs, since more availability means more price competition.Also, PFSI has a sister company that's a real estate investment trust (REIT) called PennyMac Mortgage Investment Trust (NYSE:PMT) that packages and manages various loans relative to their quality. This creates a real symbiosis between the two firms that helps PFSI develop its portfolio.Another strength that PFSI has is that it not only benefits from new home sales, which are on the rise, but also existing home sales, which are also gaining momentum again. The Bottom Line on PFSI StockThe stock is certainly in growth mode, as I wrote to my Breakthrough Stocks subscribers last month:"Overall, it's a fantastic environment for mortgage lenders like PennyMac Financial Services -- and I suspect that it will add nicely to the company's top and bottom lines in the upcoming quarters. And the analyst community agrees. For the fourth quarter, analysts have upped earnings forecasts by a whopping 53.5% in the past three months. The current consensus estimate calls for 141.3% annual earnings growth and 73.1% annual sales growth."PFSI stock is up 51% in the past year, which is pretty significant for a mortgage lending company. Yet its trailing price-to-earnings ratio is still below 15. That shows there's plenty of value -- and growth -- left for this stock.Louis Navellier had an unconventional start, as a grad student who accidentally built a market-beating stock system -- with returns rivaling even Warren Buffett. In his latest feat, Louis discovered the "Master Key" to profiting from the biggest tech revolution of this (or any) generation. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * These 7 S&P 500 Stocks Will Deliver a Repeat Performance in the Next Decade * 7 Tech Stocks to Stuff Your Stocking With * 7 Sinfully Good Casino Stocks That Could Win the Jackpot in 2020 The post Best Stocks for 2020: Housing Trend Will Boost PennyMac Financial appeared first on InvestorPlace.

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