PennyMac Mortgage Investment Trust Stock (NYSE:PMT)
Previous Close
$13.20
52W Range
$12.81 - $15.89
50D Avg
$13.92
200D Avg
$13.98
Market Cap
$1.14B
Avg Vol (3M)
$718.43K
Beta
1.48
Div Yield
$1.60 (15.26%)
PMT Company Profile
PennyMac Mortgage Investment Trust, a specialty finance company, primarily invests in mortgage-related assets in the United States. The company's Credit Sensitive Strategies segment invests in credit risk transfer (CRT) agreements, CRT securities, distressed loans, real estate, and non-agency subordinated bonds. Its Interest Rate Sensitive Strategies segment engages in investing in mortgage servicing rights, excess servicing spreads, and agency and senior non-agency mortgage-backed securities (MBS), as well as related interest rate hedging activities. The company's Correspondent Production segment is involved in purchasing, pooling, and reselling newly originated prime credit residential loans directly or in the form of MBS. PNMAC Capital Management, LLC acts as the manager of PennyMac Mortgage Investment Trust. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its shareholders. PennyMac Mortgage Investment Trust was founded in 2009 and is headquartered in Westlake Village, California.
PMT Performance
Revenue Breakdown
Peer Comparison
Ticker | Company |
---|---|
ACRE | Ares Commercial Real Estate Corporation |
TWO | Two Harbors Investment Corp. |
RC | Ready Capital Corporation |
TRTX | TPG RE Finance Trust, Inc. |
ORC | Orchid Island Capital, Inc. |
EARN | Ellington Residential Mortgage REIT |
CHMI | Cherry Hill Mortgage Investment Corporation |
IVR | Invesco Mortgage Capital Inc. |
CIM | Chimera Investment Corporation |
MFA | MFA Financial, Inc. |
ARI | Apollo Commercial Real Estate Finance, Inc. |
EFC | Ellington Financial Inc. |
NREF | NexPoint Real Estate Finance, Inc. |
DX | Dynex Capital, Inc. |
KREF | KKR Real Estate Finance Trust Inc. |