Pennymac Mortgage Investment Trust | REIT Profile
Symbol: PMT
CIK: 1464423
Exchange: NYSE
Founded: 2009 (15 years)
HQ: Westlake Village, CA, United States
Type of REIT: Mortgage REIT
Listing Status: Public
Market Capitalization: Small-Cap
REIT Sector: Mortgage
See PMT on Yahoo Finance
See PMT on SEC.gov
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PennyMac Mortgage Investment Trust (NYSE: PMT) is a specialty finance company that invests in a variety of residential mortgage loans and mortgage-related assets. PMT is managed by PNMAC Capital Management, LLC ("PCM" or our "Manager"), a subsidiary of PennyMac Financial Services, Inc. ("PennyMac") and an investment adviser registered with the Securities and Exchange Commission ("SEC") that specializes in, and focuses on, residential mortgage assets. All of the loans we acquire in our correspondent lending operations are acquired, pooled for sale, sold and/or securitized on our behalf by another PennyMac subsidiary, PennyMac Loan Services, LLC ("PLS" or our "Servicer"), which also services most of the loans we hold in our investment portfolio and almost all of the loans for which we retain the obligation to service as a result of our correspondent lending operations.
Stock Chart
REITMovers
REITMovers tracks the stock price and other indicators for all US REITs tracked by REITNotes during normal trading hours. This data is updated every 4 minutes during normal trading hours. Note: All prices have a 15 minute delay.
| Latest Price | High | Low | Open | Previous Close | Volume | Change $ | Change % |
|---|---|---|---|---|---|---|---|
| $13.20 | $13.23 | $13.04 | $13.05 | $13.11 | 432,725 | $0.09 | 0.69% |
Last update: 2024-11-20 12:59:45 PST
REITRating™ Trend
REITRating™ is REITNotes' Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. See score breakdown. The graph below plots the overall REITRating™ score for the last trading days. See complete trend.
Dividend of Trading Day 2024-11-20
Annualized Dividend: $1.6*
Dividend Yield (TTM): 12.2%
Annualized Dividend (TTM): $1.6
Ex-Dividend Date: 2024-10-11
Dividend Date: 2024-10-25
Dividend Frequency: Quarterly
*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes. This graph does not include extraordinary dividend.
Latest REIT Press Releases
- PennyMac Mortgage - PennyMac Mortgage Investment Trust Declares Fourth Quarter 2024 Dividends for Its Preferred Shares - Thu, 14 Nov 2024 13:08:30 UTC
- PennyMac Mortgage - PennyMac Mortgage Investment Trust Reports Third Quarter 2024 Results - Tue, 22 Oct 2024 20:15:20 UTC
- PennyMac Mortgage - PennyMac Mortgage Investment Trust Announces Date for Release of Third Quarter 2024 Results - Tue, 15 Oct 2024 12:02:19 UTC
- PennyMac Mortgage - Pennymac Announces Organizational Changes - Thu, 03 Oct 2024 20:37:02 UTC
- PennyMac Mortgage - PennyMac Mortgage Investment Trust Declares Third Quarter 2024 Dividend for Its Common Shares - Thu, 19 Sep 2024 12:01:45 UTC
Key Stats of Trading Day 2024-11-20
EBITDA: N/A
P/E Ratio: 9.50
PEG Ratio: 2.12
Book Value: 16.06
Dividend Per Share: $1.60
EPS: 1.39
Revenue Per Share TTM: $9.30
ProfitMargin: 20.70%
Operating Margin TTM: 10.00%
Return on Equity TTM: 8.60%
Revenue TTM: $807,048,000
Gross Profit TTM: $-321,203,000
Diluted EPS TTM: $1.39
Quarterly Earnings Growth YOY: -31.00%
Quarterly Revenue Growth YOY: 10,519.00%
Trailing P/E: 9.50
Forward P/E: 9.07
Beta: 1.48
Price to Book Ratio: 0.82
EV to Revenue: 40.93
EV to EBITDA: N/A
Shares Outstanding: 86,861,000
52 Week High: $14.56
52 Week Low: $12.12
50 Day Moving Average: $13.86
200 Day Moving Average: $13.95
REIT Simulation
Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.
| With $1,000 USD | With $500 USD | With $250 USD | With $100 USD | With $50 USD | |
|---|---|---|---|---|---|
| Initial investment | @ $22.76 per share you would have been able to buy 43 shares of PMT on 2023-11-21 costing $978.68 | @ $22.76 per share you would have been able to buy 21 shares of PMT on 2023-11-21 costing $477.96 | @ $22.76 per share you would have been able to buy 10 shares of PMT on 2023-11-21 costing $227.60 | @ $22.76 per share you would have been able to buy 4 shares of PMT on 2023-11-21 costing $91.04 | @ $22.76 per share you would have been able to buy 2 shares of PMT on 2023-11-21 costing $45.52 |
| Current worth | On 2024-07-05 these 43 shares would be worth $592.11 @ $13.77 | On 2024-07-05 these 21 shares would be worth $289.17 @ $13.77 | On 2024-07-05 these 10 shares would be worth $137.70 @ $13.77 | On 2024-07-05 these 4 shares would be worth $55.08 @ $13.77 | On 2024-07-05 these 2 shares would be worth $27.54 @ $13.77 |
| Dividends earned | $68.80 in dividends would have been earned since 2023-11-21 with 43 shares. | $34 in dividends would have been earned since 2023-11-21 with 21 shares. | $16.00 in dividends would have been earned since 2023-11-21 with 10 shares. | $6.40 in dividends would have been earned since 2023-11-21 with 4 shares. | $3.20 in dividends would have been earned since 2023-11-21 with 21 shares. |
| Net (gain / loss)* | -317.77 USD | -155.19 USD | -73.90 USD | -29.56 USD | -14.78 USD |
| ROI** | -32.47% | -32.47% | -32.47% | -32.47% | -32.47% |
*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.
Dividend History
Below are the most recent cash dividends paid by PMT. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.
| Symbol | Ex Date | Cash Amount | Change in Dividend | Declaration Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| PMT | 2024-10-11 | 0.400 | --- | 2024-09-19 | 2024-10-11 | 2024-10-25 |
| PMT | 2024-07-12 | 0.400 | --- | 2024-06-13 | 2024-07-12 | 2024-07-26 |
| PMT | 2024-04-11 | 0.400 | --- | 2024-03-21 | 2024-04-12 | 2024-04-26 |
| PMT | 2023-12-28 | 0.400 | --- | 2023-12-06 | 2023-12-29 | 2024-01-26 |
| PMT | 2023-10-12 | 0.400 | --- | 2023-08-31 | 2023-10-13 | 2023-10-27 |
| PMT | 2023-07-13 | 0.400 | --- | 2023-06-09 | 2023-07-14 | 2023-07-28 |
| PMT | 2023-04-13 | 0.400 | --- | 2023-03-15 | 2023-04-14 | 2023-04-28 |
| PMT | 2022-12-29 | 0.400 | -14.89% | 2022-12-07 | 2022-12-30 | 2023-01-27 |
| PMT | 2022-10-13 | 0.470 | --- | 2022-09-21 | 2022-10-14 | 2022-10-28 |
| PMT | 2022-07-13 | 0.470 | --- | 2022-06-02 | 2022-07-14 | 2022-07-28 |
| PMT | 2022-04-13 | 0.470 | --- | 2022-03-04 | 2022-04-15 | 2022-04-28 |
| PMT | 2021-12-30 | 0.470 | --- | 2021-12-07 | 2021-12-31 | 2022-01-31 |
| PMT | 2021-10-14 | 0.470 | --- | 2021-09-21 | 2021-10-15 | 2021-10-28 |
| PMT | 2021-07-14 | 0.470 | --- | 2021-06-23 | 2021-07-15 | 2021-07-29 |
| PMT | 2021-04-14 | 0.470 | --- | 2021-03-24 | 2021-04-15 | 2021-04-29 |
| PMT | 2020-12-30 | 0.470 | 17.50% | 2020-12-18 | 2020-12-31 | 2021-01-29 |
| PMT | 2020-10-14 | 0.400 | --- | 2020-09-23 | 2020-10-15 | 2020-10-30 |
| PMT | 2020-07-14 | 0.400 | 60.00% | 2020-06-19 | 2020-07-15 | 2020-07-30 |
| PMT | 2020-04-14 | 0.250 | -46.81% | 2020-03-25 | 2020-04-15 | 2020-04-30 |
| PMT | 2019-12-30 | 0.470 | --- | 2019-12-20 | 2019-12-31 | 2020-01-30 |
Financial Statements Overview
Balance Sheet | Quarterly
See Annual Balance Sheet | See Quarterly Balance Sheet
Income Statement | Quarterly
See Annual Income Statement | See Quarterly Income Statement
Cash Flow | Quarterly
See Annual Cash Flow | See Quarterly Cash Flow
REITRating™ Scorecard
| Rating | Dividend Section | Avg. Rating |
|---|---|---|
| 0 | Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. | 5.0 |
| 10 | Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. | 7.9 |
| Rating | AFFO & Efficiency Section | Avg. Rating |
| Rating | Leverage Section | Avg. Rating |
| 1 | Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. | 4.8 |
| 7 | Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. | 6.8 |
| Rating | Asset & Revenue Section | Avg. Rating |
| 10 | Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. | 7.3 |
| 4 | Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. | 6.3 |
| Rating | Properties Section | Avg. Rating |
| Rating | Market Cap Section | Avg. Rating |
| 5 | Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. | 5.6 |
| 4.5 | Overall REITRating™ Score (See trend) | 6.4 |
REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.
Related REITs
| REIT | REITRating™ Score | Exchange | Market Capitalization | Sector | Country |
|---|---|---|---|---|---|
| New York Mortgage Trust, Inc. (NYMT) | 6.4 | NASDAQ | Small-Cap | Mortgage | United States |
| Dynex Capital, Inc. (DX) | 4.6 | NYSE | Small-Cap | Mortgage | United States |
| MFA Mortgage Investments, Inc. (MFA) | 5.2 | NYSE | Small-Cap | Mortgage | United States |
| Invesco Mortgage Capital, Inc. (IVR) | 6.5 | NYSE | Small-Cap | Mortgage | United States |
| AG Mortgage Investment Trust, Inc. (MITT) | 5.3 | NYSE | Micro-Cap | Mortgage | United States |
Last updated: 2024-11-21 - v5.8