Last $21.70 USD
Change Today +0.08 / 0.37%
Volume 497.7K
PMT On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 8:04 PM 07/25/14 All times are local (Market data is delayed by at least 15 minutes).

pennymac mortgage investment (PMT) Snapshot

Open
$21.57
Previous Close
$21.62
Day High
$21.74
Day Low
$21.50
52 Week High
03/6/14 - $24.48
52 Week Low
05/8/14 - $18.91
Market Cap
1.6B
Average Volume 10 Days
828.5K
EPS TTM
$2.62
Shares Outstanding
74.0M
EX-Date
07/11/14
P/E TM
8.3x
Dividend
$2.36
Dividend Yield
10.78%
Current Stock Chart for PENNYMAC MORTGAGE INVESTMENT (PMT)

pennymac mortgage investment (PMT) Related Businessweek News

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pennymac mortgage investment (PMT) Details

PennyMac Mortgage Investment Trust, a specialty finance company, through its subsidiaries, invests primarily in residential mortgage loans and mortgage-related assets. The company operates through two segments, Correspondent Lending and Investment Activities. The Correspondent Lending segment is engaged in purchasing, pooling, and reselling newly originated prime credit mortgage loans. The Investment Activities segment invests in mortgage-related assets, which include distressed mortgage loans, real estate acquired in settlement of loans, mortgage-backed securities, mortgage servicing rights, and excess servicing spreads. PNMAC Capital Management, LLC acts as the manager of PennyMac Mortgage Investment Trust. The company has elected to be taxed as a real estate investment trust and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. PennyMac Mortgage Investment Trust was founded in 2009 and is based in Moorpark, California.

pennymac mortgage investment (PMT) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

pennymac mortgage investment (PMT) Key Developments

PennyMac Mortgage Investment Trust Declares Second Quarter 2014 Dividend, Payable on July 30, 2014

The Board of Trustees of PennyMac Mortgage Investment Trust declared a cash dividend of $0.59 per common share of beneficial interest for the second quarter of 2014. This dividend will be paid on July 30, 2014 to common shareholders of record as of July 15, 2014.

PennyMac Mortgage Investment Trust Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2014

PennyMac Mortgage Investment Trust reported unaudited consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported net investment income of $19,571,000 against $23,567,000 a year ago. Income before provision for income taxes was $36,289,000 against $54,729,000 a year ago. Net income was $37,873,000 or $0.50 per share diluted against $52,696,000 or $0.69 per share diluted a year ago. Book value per share was $20.88, up from $20.82 at December 31, 2013. Return on average equity of 10%, down from 14% a year ago. Net interest income, which includes income from PMT's investments in excess servicing spread, decreased by $2.9 million to $19.6 million. The reduction in earnings for the first quarter was driven by reduced income in PMT's correspondent lending business and lower gains in the distressed whole loan portfolio.

PennyMac Mortgage Investment Trust to Report Q1, 2014 Results on May 07, 2014

PennyMac Mortgage Investment Trust announced that they will report Q1, 2014 results at 3:00 PM, Eastern Standard Time on May 07, 2014

 

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PMT:US $21.70 USD +0.08

PMT Competitors

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Company Last Change
CYS Investments Inc $9.10 USD +0.01
Hatteras Financial Corp $19.56 USD +0.04
New Residential Investment Corp $6.12 USD -0.05
Newcastle Investment Corp $4.69 USD -0.08
Redwood Trust Inc $19.20 USD -0.08
View Industry Companies
 

Industry Analysis

PMT

Industry Average

Valuation PMT Industry Range
Price/Earnings 8.8x
Price/Sales 3.9x
Price/Book 1.0x
Price/Cash Flow 8.7x
TEV/Sales NM Not Meaningful
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