PennyMac Mortgage Investment

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 May 18, 2009 and is headquartered in Westlake Village, CA.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

PennyMac Mortgage Investment faces challenges but eyes growth opportunities

PMT navigated challenges in Q4 2022 with a focus on strong risk management and strategic investments. Despite a net loss, the company's robust servicing capabilities and investment strategies position it for growth. Opportunities in market trends and portfolio performance offer avenues for future success.

PennyMac Mortgage Investment reports strong Q1 earnings and growth outlook

PMT's Q1 2023 performance showcased robust earnings and strategic investments. While facing challenges in interest rate-sensitive strategies, the company capitalized on market opportunities and maintained a positive outlook for the year. With a focus on capital deployment and share repurchases, PMT aims to leverage its strengths in correspondent production and MSR investments.

PennyMac Mortgage Investment Trust navigates challenges, emphasizes strategic diversification

PMT's Q2 2023 earnings call revealed a strategic shift towards increased transparency with its first live Q&A session. Despite challenges from pricing changes and declining production, PMT showcased strengths in credit-sensitive strategies and a balanced portfolio approach. The company is poised to capitalize on opportunities in new investments and portfolio expansion.

PennyMac Mortgage Investment (PMT) reports robust Q3 performance and strategic resilience

PennyMac Mortgage Investment (PMT) excelled in Q3, reporting strong financial results and demonstrating resilience in a challenging market environment.
With a focus on strategic investments and operational efficiency, PMT is well-positioned to navigate market uncertainties and capitalize on growth opportunities.
By proactively addressing challenges and leveraging its strengths, PMT is poised for continued success and value creation for its shareholders.

PMT reports strong Q4 earnings, eyes growth through strategic investments

PMT delivered robust financial results in Q4 2023, driven by strategic investments and shareholder-friendly initiatives. With a focus on stable cash flows from MSRs and proactive portfolio management, PMT is poised for sustained growth. Despite potential challenges, PMT's strong performance and prudent risk management position it well for future opportunities.

PMT reports solid Q1 earnings, eyes growth amid interest rate challenges

PMT delivered a strong Q1 performance with solid earnings and a stable portfolio. While facing challenges from interest rate trends and production segment dynamics, the company remains optimistic about future opportunities. Strategic capital actions and positive outlook on MSR investments position PMT for continued growth.

PennyMac Mortgage Investment reports stable Q2 earnings and growth opportunities

PMT's Q2 performance reflects steady income generation and strategic capital raising. The company's focus on MSR investments and correspondent production positions it well for stable cash flows and potential growth. While facing challenges in run rate potential and debt repayment, PMT has opportunities to leverage its strengths for future profitability.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

While PennyMac Mortgage's (PMT) Q3 results are likely to reflect benefits from higher originations, the company's MSRs valuations might have witnessed headwinds, impacting its servicing business.

What's in Store for PennyMac Mortgage's (PMT) Q3 Earnings?

Is  (PMT) Outperforming Other Finance Stocks This Year?

Is PennyMac Mortgage Investment Trust (PMT) Stock Outpacing Its Finance Peers This Year?

Arbor Realty Trust

M/I Homes

NRG Energy

Viad Corp

The biggest event to watch in September will be the Fed's upcoming FOMC meeting this month, which will likely to guide investors' decisions for the next couple of months.

Fed to Determine Wall Street's Course in September: 5 Picks

PennyMac Mortgage Investment Trust (PMT) CEO David Spector on Q2 2019 Results - Earnings Call Transcript

PennyMac Mortgage (PMT) delivered earnings and revenue surprises of 4.17% and -8.15%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

PennyMac Mortgage (PMT) Tops Q2 Earnings Estimates

Invitation Homes

PMT vs. INVH: Which Stock Is the Better Value Option?

PennyMac Mortgage (PMT) will likely record high mortgage loan origination fees owing to solid origination volumes in Q2, while writedowns in MSR and ESS valuations may dent the company's performance.

What to Expect From PennyMac Mortgage's (PMT) Q2 Earnings?

Ellington Financial

GEO Group

Och-Ziff Capital Management

Here are 5 stocks for moderately risk-averse income seekers.

5 Cheap Dividend Stocks for Uncertain Times Ahead

PennyMac Mortgage (PMT) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

PennyMac Mortgage (PMT) Hits Fresh High: Is There Still Room to Run?

Landmark Infrastructure Partners

PMT vs. LMRK: Which Stock Is the Better Value Option?

Let's see if PennyMac Mortgage Investment Trust (PMT) stock is a good choice for value-oriented investors right now from multiple angles.

Should Value Investors Pick PennyMac Mortgage (PMT) Stock?

ARMOUR Residential REIT

Cushman & Wakefield plc

Essential Properties Realty Trust Inc

AG Mortgage Investment Trust

MGIC Investment

PennyMac Financial Services

Arlington Asset Investment

The Russell indexes are rebalanced each year, and the latest preliminary rebalance announced recently.

Russell 2000 Index Changes Positive for Multiple Mortgage Finance Players

Middlesex Water

NorthWestern

NexPoint Residential Trust

There seems to be no respite from trade conflicts, with a tariff war with Mexico likely this month and deterioration in ties with China.

5 Top Rate-Sensitive Stocks to Buy Amid Treasury Yield Decline

PMT or LMRK: Which Is the Better Value Stock Right Now?

PMT or INVH: Which Is the Better Value Stock Right Now?

PennyMac Mortgage Investment Trust (PMT) CEO David Spector on Q1 2019 Results - Earnings Call Transcript

PMT vs. INVH: Which Stock Should Value Investors Buy Now?

News for PennyMac Mortgage Investment Stock (PMT)