PMT

PennyMac Mortgage Investment Trust [PMT] Stock Forecast

Q: What is PennyMac Mortgage Investment Trust stock symbol ?

PennyMac Mortgage Investment Trust is a US stock, located in Westlake village of Ca and trading under the symbol PMT

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PMT Stock Summary

Earnings are expected to rise 999.18% next year

Has a high level of debt. Debt-to-Equity ratio of 6.09 is considered high.

Currently unprofitable, and not expected to turn profitable in the coming year

PMT's dividend payments are not well covered by cash flows due to its high cash payout ratio (170.67%).

PMT has less than 1 year of cash runway

An RSI reading of 30 or below indicates an oversold or undervalued condition.

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In the News

10:32 24 Mar 2023 PMT

Mortgage Servicing Could Be a Risk for PennyMac Mortgage Trust. Here's Why

Mortgage servicing rights increase in value as interest rates rise. This will reverse if rates start falling this year.

06:47 24 Mar 2023 PMT

PennyMac Mortgage: Buy For Solid Dividend Yield And Potential Upside

PMT reported a net loss of $5.8 million which is a substantial improvement compared to a net loss of $27.3 million in 4Q21. I believe PMT can distribute a cash dividend of $0.47 per share in each of the four quarters of 2023, which means an annual projected dividend of $1.88, representing a yield of 14.62%.

07:31 24 Mar 2023 PMT

Don't Be Fooled: This Ultra-High Dividend Might Be in Trouble

Mortgage servicing has been the engine driving profits lately, but the servicing book is fully valued.

07:34 24 Mar 2023 PMT

PennyMac Mortgage (PMT) Reports Q4 Loss, Misses Revenue Estimates

PennyMac Mortgage (PMT) delivered earnings and revenue surprises of -117.95% and 51.48%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

05:56 24 Mar 2023 PMT

PennyMac Mortgage Investment Trust (PMT) Q4 2022 Earnings Call Transcript

PennyMac Mortgage Investment Trust (NYSE:PMT ) Q4 2022 Earnings Conference Call February 2, 2023 5:30 PM ET Company Participants Isaac Garden - Investor Relations David Spector - Chairman & Chief Executive Officer Vandy Fartaj - Senior Managing Director & Chief Investment Officer Dan Perotti - Senior Managing Director & Chief Financial Officer Conference Call Participants Isaac Garden Good afternoon, and welcome to the Fourth Quarter and Full Year 2022 Earnings Discussion for PennyMac Mortgage Investment Trust. The slides that accompany this discussion are available on PennyMac Mortgage Investment Trust's website at pmt.pennymac.com.

07:15 24 Mar 2023 PMT

Why is PennyMac Mortgage Trust's Dividend Yield So High?

Mortgage servicing has driven results, but will they continue?

07:00 24 Mar 2023 PMT

5 REIT Resolutions For 2023

I'm not bitter about 2022. And I'm not worried about 2023, even with the looming recession we're supposed to be in for. Instead, I'm writing out my list of resolutions as I do every year with the same good cheer I've had in the past.

05:48 24 Mar 2023 PMT

Solid 10% Yield On PennyMac's Preferred Shares

PMT-C offers investors an attractive yield over 10% with about 50% upside to call value. I don't expect a call, but it's nice to know the ceiling is so high. PMT-B is a better choice than PMT-A today. While PMT-A floats sooner, PMT-B is $.99 cheaper and will have a slightly higher spread when both shares float.

09:12 24 Mar 2023 PMT

PennyMac Mortgage Investment Trust (PMT) Q3 2022 Earnings Call Transcript

PennyMac Mortgage Investment Trust (NYSE:PMT ) Q3 2022 Results Conference Call October 27, 2022 5:00 PM ET Company Participants Isaac Garden - Investor Relations David Spector - Chairman and Chief Executive Officer Vandy Fartaj - Senior Managing Director and Chief Investment Officer Dan Perotti - Senior Managing Director and Chief Financial Officer Conference Call Participants Isaac Garden Good afternoon and welcome to the Third Quarter Earnings Discussion for PennyMac Mortgage Investment Trust. The slides that accompany this discussion are available on PennyMac Mortgage Investment Trust's website at www.pennymac-reit.com.

05:00 24 Mar 2023 PMT

These 2 Mortgage REITs Have Yields Above 10% And Have Gone Unnoticed Trading At A Steep Discount

The iShares Trust iShares Mortgage Real Estate ETF (BATS: REM) has 50 holdings diversified evenly across small, mid, and large-cap equities, also allocating less than half of its assets to the financial services sector.

PMT Financial details

Company Rating

Buy

Market Cap

1.01B

Income

-115.11M

Revenue

26.04M

Book val./share

21.47

Cash/share

3.98

Dividend

2.21

Dividend %

19.87%

Employees

Optionable

Shortable

Yes

Earnings

03 May 2023

P/E

-8.83

Forward P/E

PEG

0.13

P/S

39.04

P/B

0.52

P/C

2.79

P/FCF

0.55

Quick Ratio

0.12

Current Ratio

0.12

Debt / Equity

6.09

LT Debt / Equity

EPS (TTM)

-1.48

EPS next Y

EPS next Q

0.74

EPS this Y

-584.62%

EPS next Y

EPS next 5Y

-404.73%

EPS last 5Y

NAN%

Revenue last 5Y

-32.6%

Revenue Q/Q

450.12%

EPS Q/Q

-415.38%

SMA20

-15.85%

SMA50

-11.45%

SMA100

-5.12%

Inst Own

68.07%

Inst Trans

-0.75%

ROA

-1%

ROE

-6%

ROC

Gross Margin

Oper. Margin

Profit Margin

-442%

Payout

-289%

Shs Outstand

88.89M

Shs Float

72.02M

Target Price

52W Range

10.78-17.24

52W High

-34.59%

52W Low

+11.2%

RSI

25.04

Rel Volume

1.07

Avg Volume

789.59K

Volume

843.02K

Perf Week

-9.15%

Perf Month

-22.88%

Perf Quarter

-7.95%

Perf Half Y

-24.56%

Beta

1.3939

Volatility

0.3%, 1.02%

Prev Close

-1.94%

Price

11.12

Change

-4.96%

PMT Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2022-12-31

Metric	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Revenue per share	3.08	2.79	1.07	0.83	0.28
Net income per share	2.51	2.87	0.53	0.58	-1.26
Operating cash flow per share	-9.42	-37.79	6.76	-28.95	19.52
Free cash flow per share	-9.42	-37.79	6.76	-28.95	19.52
Cash per share	2.21	2.47	1.86	2.33	3.98
Book value per share	25.72	31.03	23.11	24.31	21.47
Tangible book value per share	25.34	30.71	22.99	24.01	21.47
Share holders equity per share	25.72	31.03	23.11	24.31	21.47
Interest debt per share	21.75	33.94	25.6	49.27	30.96
Market cap	1.13B	1.76B	1.75B	1.69B	1.13B
Enterprise value	2.22B	4.04B	3.96B	6.12B	3.83B
P/E ratio	7.42	7.78	33.38	29.69	-9.84
Price to sales ratio	6.05	7.98	16.38	20.81	43.5
POCF ratio	-1.98	-0.59	2.6	-0.6	0.63
PFCF ratio	-1.98	-0.59	2.6	-0.6	0.63
P/B Ratio	0.72	0.72	0.76	0.71	0.58
PTB ratio	0.72	0.72	0.76	0.71	0.58
EV to sales	11.87	18.31	37.14	75.5	146.88
Enterprise value over EBITDA	5.2	4.63	11.31	17.53	70
EV to operating cash flow	-3.87	-1.35	5.9	-2.17	2.14
EV to free cash flow	-3.87	-1.35	5.9	-2.17	2.14
Earnings yield	0.13	0.13	0.03	0.03	-0.1
Free cash flow yield	-0.51	-1.7	0.38	-1.67	1.58
Debt to equity	3.99	3.8	4	4.82	6.09
Debt to assets	0.8	0.79	0.8	0.83	0.86
Net debt to EBITDA	2.55	2.61	6.32	12.69	49.27
Current ratio	0	0	0	0	0.12
Interest coverage	0	0	0	0	0
Income quality	-3.75	-13.19	12.82	-49.6	-24.35
Dividend Yield	0.12	0.09	0.1	0.13	0.04
Payout ratio	0.92	0.73	3.37	3.77	-0.36
Sales general and administrative to revenue	0.04	0.03	0.04	0.05	0.23
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0	0	0	0	0
Capex to operating cash flow	0	0	0	0	0
Capex to revenue	0	0	0	0	0
Capex to depreciation	0	0	0	0	0
Stock based compensation to revenue	0.03	0.03	0.02	0.03	0.17
Graham number	38.1	44.73	16.56	17.87	24.66
ROIC	0	0	0	0	0
Return on tangible assets	0.02	0.02	0	0	-0.01
Graham Net	-100.32	-115.5	-90.61	-114.64	-126.81
Working capital	0	0	0	0	-2.59B
Tangible asset value	1.54B	2.43B	2.28B	2.34B	1.96B
Net current asset value	-6.25B	-9.32B	-9.2B	-11.41B	-11.59B
Invested capital	0.73	0.97	0.99	1.9	1.43
Average receivables	4.12M	3.42M	5.46M	12.05M	7.98M
Average payables	67.72M	80.92M	107.98M	110.48M	48.08M
Average inventory	0	0	0	0	0
Days sales outstanding	7.95	4.57	27.88	71.79	0
Days payables outstanding	0	0	0	0	0
Days of inventory on hand	0	0	0	0	0
Receivables turnover	45.93	79.95	13.09	5.08	0
Payables turnover	0	0	0	0	0
Inventory turnover	0	0	0	0	0
ROE	0.1	0.09	0.02	0.02	-0.06
Capex per share	0	0	0	0	0

Quarterly Fundamentals Overview

Last date of statement is 2022-12-31 for Q4

Metric	2021-12-31	2022-03-31	2022-06-30	2022-09-30	2022-12-31
Revenue per share	-0.07	0.32	-0.34	0.05	0.26
Net income per share	-0.18	-0.2	-0.77	0.13	-0.41
Operating cash flow per share	-1.09	18.56	-0.76	-4.44	5.57
Free cash flow per share	-1.09	18.56	-0.76	-4.44	5.57
Cash per share	2.36	5.47	5.47	4.54	3.98
Book value per share	24.58	23.6	22.52	22.27	21.47
Tangible book value per share	24.28	23.2	22.05	22.27	21.47
Share holders equity per share	24.58	23.6	22.52	22.27	21.47
Interest debt per share	47.43	50.54	54.29	31.28	29.36
Market cap	1.67B	1.59B	1.27B	1.07B	1.13B
Enterprise value	6.1B	6.01B	5.77B	3.84B	3.83B
P/E ratio	-24.71	-20.78	-4.5	22.4	-7.62
Price to sales ratio	-235.23	53.25	-40.47	251.34	48.5
POCF ratio	-15.92	0.91	-18.31	-2.65	2.23
PFCF ratio	-15.92	0.91	-18.31	-2.65	2.23
P/B Ratio	0.7	0.72	0.61	0.53	0.58
PTB ratio	0.7	0.72	0.61	0.53	0.58
EV to sales	-860.38	201.13	-183.68	903.77	163.76
Enterprise value over EBITDA	112.57	73.63	150.77	40.27	-23.83
EV to operating cash flow	-58.23	3.44	-83.08	-9.54	7.52
EV to free cash flow	-58.23	3.44	-83.08	-9.54	7.52
Earnings yield	-0.01	-0.01	-0.06	0.01	-0.03
Free cash flow yield	-0.06	1.1	-0.05	-0.38	0.45
Debt to equity	4.82	4.58	5.38	5.91	6.09
Debt to assets	0.83	0.82	0.84	0.86	0.86
Net debt to EBITDA	81.79	54.13	117.55	29.07	-16.77
Current ratio	0	0	0	0.14	0.12
Interest coverage	0	0	0	0	0
Income quality	6.21	-91.33	0.98	-33.75	109.15
Dividend Yield	0.03	0.03	0.04	0.07	0.13
Payout ratio	-3.38	-2.89	-0.77	6.55	-3.92
Sales general and administrative to revenue	-0.12	0.05	-0.05	0.32	0.07
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0	0	0	0	0
Capex to operating cash flow	0	0	0	0	0
Capex to revenue	0	0	0	0	0
Capex to depreciation	0	0	0	0	0
Stock based compensation to revenue	-0.07	0.03	-0.04	0.23	0.05
Graham number	9.85	10.39	19.74	8.12	14.01
ROIC	0	0	0	0	0
Return on tangible assets	0	0	-0.01	0	0
Graham Net	-115.95	-101.68	-114.43	-127.13	-126.81
Working capital	0	0	0	-2.58B	-2.59B
Tangible asset value	2.34B	2.18B	2.03B	2.02B	1.96B
Net current asset value	-11.41B	-10.17B	-11.15B	-11.52B	-11.59B
Invested capital	1.9	2.11	2.37	1.4	1.43
Average receivables	17.56M	59.39M	131.37M	79.96M	0
Average payables	128.13M	106.92M	120.57M	61.73M	0
Average inventory	0	0	0	0	0
Days sales outstanding	-202.36	309.89	-458.03	0	0
Days payables outstanding	0	0	0	0	0
Days of inventory on hand	0	0	0	0	0
Receivables turnover	-0.44	0.29	-0.2	0	0
Payables turnover	0	0	0	0	0
Inventory turnover	0	0	0	0	0
ROE	-0.01	-0.01	-0.03	0.01	-0.02
Capex per share	0	0	0	0	0

PMT Dividend History

PMT Frequently Asked Questions

What is PennyMac Mortgage Investment Trust stock symbol ?

PennyMac Mortgage Investment Trust is a US stock , located in Westlake village of Ca and trading under the symbol PMT

Is PennyMac Mortgage Investment Trust buy or a sell ?

1 stock analysts have 1 predictions with a medium analyst target price of $18. The lowest prediction is $18 and the highest is $18

What is PMT stock prediction ?

What is PennyMac Mortgage Investment Trust stock quote today ?

PennyMac Mortgage Investment Trust stock price is $11.12 today.

Is PennyMac Mortgage Investment Trust stock public?

Yes, PennyMac Mortgage Investment Trust is a publicly traded company.

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Company Profile

Volume Average 789.59K
Market Capitalization 1.01B
Employee 1
CEO Mr. David A. Spector
Headquarters Westlake Village,CA,US
IPO Date 2009-07-30
Website https://www.pennymacmortgageinvestmenttrust.com

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.