PennyMac Mortgage Investment Trust Stock (NYSE:PMT)
Previous Close
$11.89
52W Range
$11.36 - $14.88
50D Avg
$12.56
200D Avg
$12.46
Market Cap
$1.02B
Avg Vol (3M)
$1.24M
Beta
1.24
Div Yield
$1.60 (13.63%)
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
Revenue Breakdown by Product/Service
| Product/Service | Dec 25 | Dec 24 | Dec 23 |
|---|---|---|---|
| Interest Rate Sensitive Strategies | $149.64M | $112.31M | $132.94M |
| Credit Sensitive Strategies | $65.64M | $123.67M | $232.62M |
| Correspondent Production | $87.40M | $90.49M | $56.24M |
| Corporate Segment | - | - | $7.22M |
Fiscal year ends in Dec 25 | Currency in USD