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PennyMac Mortgage (PMT)
NYSE:PMT
Holding PMT?
Track your performance easily
PMT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$12.81 - $15.89
Previous Close$13.55
Volume971.12K
Average Volume (3M)682.60K
Market Cap
$1.18B
Enterprise Value$7.47B
Total Cash (Recent Filing)$447.14M
Total Debt (Recent Filing)$6.74B
Price to Earnings (P/E)10.0
Beta1.16
Next Earnings
Jan 30, 2025EPS Estimate
$0.37Next Dividend Ex-Date
Dec 27, 2024Dividend Yield11.81%
Share Statistics
EPS (TTM)1.35
Shares Outstanding86,860,960
10 Day Avg. Volume524,939
30 Day Avg. Volume682,596
Standard Deviation0.13
R-Squared0.35
Alpha-0.00912
Financial Highlights & Ratios
Price to Book (P/B)0.85
Price to Sales (P/S)1.46
Price to Cash Flow (P/CF)-0.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue17.87
Enterprise Value/Gross Profit10.75
Enterprise Value/Ebitda11.09
Forecast
1Y Price Target
$14.94Price Target Upside9.93% Upside
Rating ConsensusHold
Number of Analyst Covering4
PennyMac Mortgage News
PremiumCompany Announcements
PennyMac Mortgage Leadership Transition and Strategy Update
PremiumPre-Earnings
Is PMT a Buy, Before Earnings?
Bulls Say, Bears Say
Bulls Say
Capital DeploymentAn increase in correspondent production is planned, which will utilize excess capital more effectively compared to previous quarters.
Dividend StabilityManagement expects to maintain the company's dividend in the near term with a potential to out-earn the $0.40/share dividend in the future.
EarningsPennyMac Mortgage reported GAAP earnings per share of $0.36, surpassing analyst estimates.
Bears Say
Dividend SustainabilityEarnings run-rate are below the dividend.
Earnings PerformancePennyMac Mortgage (PMT) reported Q2 GAAP EPS of $0.17, below BofA/Cons estimates of $0.35.
Stock ValuationThe stock should continue to trade at a discount to book value, reflecting the uncertain rate and economic environment.
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Ownership Overview
1.14% Insiders
20.12% Mutual Funds
10.05% Other Institutional Investors
37.38% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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PMT FAQ
What was PennyMac Mortgage’s price range in the past 12 months?
PennyMac Mortgage lowest stock price was $12.81 and its highest was $15.89 in the past 12 months.
What is PennyMac Mortgage’s market cap?
Currently, no data Available
When is PennyMac Mortgage’s upcoming earnings report date?
PennyMac Mortgage’s upcoming earnings report date is Jan 30, 2025 which is in 39 days.
How were PennyMac Mortgage’s earnings last quarter?
PennyMac Mortgage released its earnings results on Oct 22, 2024. The company reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.346 by $0.014.
Is PennyMac Mortgage overvalued?
According to Wall Street analysts PennyMac Mortgage’s price is currently Undervalued.
Does PennyMac Mortgage pay dividends?
PennyMac Mortgage pays a Quarterly dividend of $0.4 which represents an annual dividend yield of 11.81%. See more information on PennyMac Mortgage dividends here
What is PennyMac Mortgage’s EPS estimate?
PennyMac Mortgage’s EPS estimate is $0.37.
How many shares outstanding does PennyMac Mortgage have?
PennyMac Mortgage has 86,860,960 shares outstanding.
What happened to PennyMac Mortgage’s price movement after its last earnings report?
PennyMac Mortgage reported an EPS of $0.36 in its last earnings report, beating expectations of $0.346. Following the earnings report the stock price went down -1.097%.
Which hedge fund is a major shareholder of PennyMac Mortgage?
Among the largest hedge funds holding PennyMac Mortgage’s share is Deerfield Management Company, LP. It holds PennyMac Mortgage’s shares valued at 759K.
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PennyMac Mortgage Stock Smart Score
Unlock Smart Score
1
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4
5
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8
9
10
Analyst Consensus
Hold
Average Price Target:
$14.94 (9.93% Upside)
$14.94 (9.93% Upside)
Blogger Sentiment
Neutral
PMT Sentiment 50%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Decreased
By 92.1K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▲ 0.2%
Last 30 Days ▼ 3.0%
Last 30 Days ▼ 3.0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
0.79%
12-Months-Change
Fundamentals
Return on Equity
8.59%
Trailing 12-Months
Asset Growth
-1.27%
Trailing 12-Months
Company Description
PennyMac Mortgage
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 consists of certain interest income, management fee, and corporate expense amounts. The company was founded by Stanford L. Kurland on May 18, 2009 and is headquartered in Westlake Village, CA.
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PMT Company Deck
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PMT Earnings Call
Q3 2024
0:00 / 0:00
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PMT Stock 12 Month Forecast
Average Price Target
$14.94
▲(9.93% Upside)
Technical Analysis
Best Analysts Covering PMT
1 Year
1 Year Success Rate
10/16 ratings generated profit
1 Year Average Return
+5.83%
reiterated a buy rating 5 months ago
Copying Trevor Cranston's trades and holding each position for 1 Year would result in 62.50% of your transactions generating a profit, with an average return of +5.83% per trade.
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