PMT:NYE-PennyMac Mortgage Investment Trust (USD)

COMMON STOCK | REIT - Mortgage |

Last Closing

USD 14.25

Change

+0.01 (+0.07)%

Market Cap

USD 1.20B

Volume

0.65M

Analyst Target

USD 18.78
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

PennyMac Mortgage Investment Trust, through its subsidiary, primarily invests in mortgage-related assets in the United States. The company operates through: Credit Sensitive Strategies, Interest Rate Sensitive Strategies, Correspondent Production segments. Its Credit Sensitive Strategies segment invests in credit risk transfer (CRT) agreements, CRT securities, subordinate mortgage-backed securities (MBS), distressed loans, and real estate. The company's Interest Rate Sensitive Strategies segment engages in investing in mortgage servicing rights, excess servicing spreads, and agency and senior non-agency MBS, as well as related interest rate hedging activities. Its Correspondent Production segment is involved in purchasing, pooling, and reselling newly originated prime credit residential loans directly or in the form of MBS. The company primarily sells its loans to government-sponsored entities or PennyMac Loan Services, LLC. 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. The company was incorporated in 2009 and is headquartered in Westlake Village, California.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-09-18 )

Largest Industry Peers for REIT - Mortgage

Symbol Name Price(Change) Market Cap
NLY-PG Annaly Capital Management Inc

-0.27 (-1.06%)

USD 13.76B
NLY-PF Annaly Capital Management Inc

-0.08 (-0.31%)

USD 13.36B
STWD Starwood Property Trust Inc

+0.23 (+1.12%)

USD 7.00B
RITM Rithm Capital Corp.

-0.08 (-0.67%)

USD 5.67B
TWO-PC Two Harbors Investment Corp

-0.14 (-0.57%)

USD 3.70B
CIM-PB Chimera Investment Corporation

N/A

USD 3.43B
CIM-PD Chimera Investment Corporation

-0.02 (-0.08%)

USD 3.41B
TWO-PB Two Harbors Investment Corp

-0.01 (-0.04%)

USD 3.38B
CIM-PA Chimera Investment Corporation

-0.14 (-0.59%)

USD 3.23B
TWO-PA Two Harbors Investment Corp

+0.10 (+0.40%)

USD 3.22B

ETFs Containing PMT

MDIV First Trust Multi-Asset D.. 1.41 % 0.48 %

+0.02 (+0%)

USD 0.44B
MORL 0.00 % 0.00 %

N/A

N/A
MRRL 0.00 % 0.00 %

N/A

N/A

Market Performance

  Market Performance vs. Industry/Classification (REIT - Mortgage) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -4.68% 18% F 19% F
Dividend Return 5.35% 48% F 83% B
Total Return 0.67% 18% F 23% F
Trailing 12 Months  
Capital Gain 10.38% 51% F 45% F
Dividend Return 12.39% 86% B+ 97% N/A
Total Return 22.77% 66% D+ 66% D+
Trailing 5 Years  
Capital Gain -35.64% 45% F 14% F
Dividend Return 38.62% 78% C+ 91% A-
Total Return 2.98% 50% F 30% F
Average Annual (5 Year Horizon)  
Capital Gain -1.74% 41% F 28% F
Dividend Return 8.94% 58% F 60% D-
Total Return 10.68% 81% B- 97% N/A
Risk Return Profile  
Volatility (Standard Deviation) 34.35% 38% F 29% F
Risk Adjusted Return 26.03% 46% F 45% F
Market Capitalization 1.20B 52% F 60% D-

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Underpriced on cashflow basis

The stock is trading low compared to its peers on a price to cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Low Dividend Growth

This stock has shown below median dividend growth in the previous 5 years compared to its sector.