What is the price targets for PennyMac Mortgage Investment Trust's stock?
On average, they anticipate PennyMac Mortgage Investment Trust's stock price to reach $20.55 in the next year. This suggests a possible upside of 17.4% from the stock's current price. View analysts' price targets for PennyMac Mortgage Investment Trust or view top-rated stocks among Wall Street analysts.
When will PennyMac pay its next dividend?
WESTLAKE VILLAGE, Calif., March 04, 2022--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its Board of Trustees declared a cash dividend of $0.47 per common share of beneficial interest for the first quarter of 2022. This dividend will be paid on April 28, 2022, to common shareholders of record as of April 15, 2022.
How did PennyMac mortgage perform in the third quarter of 2021?
For the third quarter 2021, PMT reported a net loss attributable to common shareholders of $43.9 million or $0.45 per common share, driven by fair value decline in PMT's interest rate sensitive strategies. PennyMac Mortgage (PMT) delivered earnings and revenue surprises of -184.91% and -70.10%, respectively, for the quarter ended September 2021.
Who owns PennyMac Financial Services Inc?
Chairman & CEO of Pennymac Financial Services Inc (30-Year Financial, Insider Trades) David Spector (insider trades) sold 15,000 shares of PFSI on 12/06/2021 at an average price of $69.22 a share.
Is PennyMac a good stock to buy?
Valuation metrics show that PennyMac Mortgage Investment Trust may be overvalued. Its Value Score of D indicates it would be a bad pick for value investors. The financial health and growth prospects of PMT, demonstrate its potential to underperform the market.
Is PennyMac a REIT?
PennyMac Mortgage Investment Trust has elected to be taxed as a real estate investment trust (REIT) for U.S. federal income tax purposes.
Is PennyMac an investor?
PennyMac Mortgage Investment Trust (NYSE: PMT) is a specialty finance company that invests primarily in residential mortgage loans and mortgage-related assets.
What bank owns PennyMac?
PennyMac operates through two subsidiaries: PennyMac Loan Services, LLC and PNMAC Capital Management, LLC. The latter manages the PennyMac Mortgage Investment Trust (NYSE: PMT), a mortgage REIT. PennyMac Financial Services, Inc....PennyMac Financial Services.TypePublic companyWebsitehttps://www.pennymac.com16 more rows
Is PennyMac owned by Bank of America?
Losses on troubled loans drove the firm to the brink of failure until Bank of America purchased the firm for $2.8 billion in 2008, a deal widely viewed as a forced marriage prompted by regulators.
Is PennyMac publicly traded?
In our Investment Management business, we manage PennyMac Mortgage Investment Trust (NYSE: PMT), a publicly-traded mortgage REIT.
Is PennyMac a Fortune 500 company?
PennyMac Financial Services | 2022 Fortune 500 | Fortune.
How many customers does PennyMac have?
It has paid off for us, too—we have $450 billion in servicing on our platform, over 700 active clients, the longest-standing partnerships in the industry and we are now the #1 correspondent investor in the market.
Should I buy or sell PennyMac Mortgage Investment Trust stock right now?
7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PennyMac Mortgage Investment Trust in the last year. The...
What is PennyMac Mortgage Investment Trust's stock price forecast for 2022?
7 equities research analysts have issued 1 year price objectives for PennyMac Mortgage Investment Trust's stock. Their forecasts range from $17.00...
How has PennyMac Mortgage Investment Trust's stock price performed in 2022?
PennyMac Mortgage Investment Trust's stock was trading at $17.33 at the beginning of 2022. Since then, PMT shares have decreased by 8.9% and is now...
When is PennyMac Mortgage Investment Trust's next earnings date?
PennyMac Mortgage Investment Trust is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022. View our earning...
How were PennyMac Mortgage Investment Trust's earnings last quarter?
PennyMac Mortgage Investment Trust (NYSE:PMT) announced its earnings results on Thursday, February, 3rd. The real estate investment trust reported...
How often does PennyMac Mortgage Investment Trust pay dividends? What is the dividend yield for PennyMac Mortgage Investment Trust?
PennyMac Mortgage Investment Trust announced a quarterly dividend on Thursday, June 2nd. Investors of record on Thursday, July 14th will be paid a...
Is PennyMac Mortgage Investment Trust a good dividend stock?
PennyMac Mortgage Investment Trust(NYSE:PMT) pays an annual dividend of $1.88 per share and currently has a dividend yield of 11.64%. PMT has a div...
Who are PennyMac Mortgage Investment Trust's key executives?
PennyMac Mortgage Investment Trust's management team includes the following people: Mr. David A. Spector , Chairman & CEO (Age 59) Mr. Douglas E...
Who are some of PennyMac Mortgage Investment Trust's key competitors?
Some companies that are related to PennyMac Mortgage Investment Trust include Annaly Capital Management (NLY) , Starwood Property Trust (STWD) ,...
What is PennyMac mortgage?
Who bought PennyMac?
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
What is the P/E ratio of PennyMac?
PMT stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. Company insiders that have bought PennyMac Mortgage Investment Trust stock in the last two years include Frank P Willey, Scott W Carnahan, and Sullivan Marianne.
How much is penny mac 2021?
The P/E ratio of PennyMac Mortgage Investment Trust is 13.92, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 12.92.
What is the net income of PennyMac Financial Services in 2021?
PennyMac Financial Services, Inc. (NYSE: PFSI) today reported net income of $376.9 million for the first quarter of 2021, or $5.15 per share on a diluted basis, on revenue of $944.7 million. Book value per share increased to $51.78 from $47.80 at December 31, 2020.
Is PennyMac a PFSI?
WESTLAKE VILLAGE, Calif., November 04, 2021--PennyMac Financial Services, Inc. (NYSE: PFSI) today reported net income of $249.3 million for the third quarter of 2021, or $3.80 per share on a diluted basis, on revenue of $786.6 million. Book value per share increased to $58.00 from $54.49 at June 30, 2021.
Were Hedge Funds Right About PennyMac Financial Services Inc (PFSI)?
PennyMac (PFSI) 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.
Key Data Points
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Environmental, Social, and Governance Rating
Primary metrics and data points about PennyMac Mortgage Investment Trust.
Research & Ratings PennyMac Mortgage Investment Trust(PMT)
"B" score indicates good relative ESG performance and an above-average degree of transparency in reporting material ESG data publicly and privately. Scores range from AAA to D.
Per-Share Earnings, Actuals and Estimates
Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. International stock quotes are delayed as per exchange requirements. Fundamental company data and analyst estimates provided by FactSet.
