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PennyMac Mortgage (PMT)
NYSE:PMT
PennyMac Mortgage (PMT) Stock Price & Analysis
866 Followers
PMT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$9.96 - $15.22
Previous Close$13.6
Volume603.92K
Average Volume (3M)795.89K
Market Cap
$1.18B
Enterprise Value$6.39B
Total Cash (Recent Filing)$409.42M
Total Debt (Recent Filing)$5.61B
Price to Earnings (P/E)9.0
Beta1.36
Next Earnings
Aug 01, 2024EPS Estimate
$0.34Next Dividend Ex-Date
Jul 12, 2024Dividend Yield11.64%
Share Statistics
EPS (TTM)1.50
Shares Outstanding86,845,447
10 Day Avg. Volume802,454
30 Day Avg. Volume795,887
Standard Deviation0.13
R-Squared0.35
Alpha-0.00746
Financial Highlights & Ratios
Price to Book (P/B)-0.47
Price to Sales (P/S)4.25
Price to Cash Flow (P/CF)0.60
P/FCF Ratio0.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue11.15
Enterprise Value/Gross ProfitN/A
Enterprise Value/Ebitda14.56
Forecast
1Y Price Target
$14.63Price Target Upside6.55% Upside
Rating ConsensusHold
Number of Analyst Covering4
PennyMac Mortgage News
PremiumCompany Announcements
PennyMac Mortgage Announces Board Appointment and Shareholder Decisions
Bulls Say, Bears Say
Bulls Say
Earnings PotentialAnalysts highlight the company's potential for improved earnings, bolstered by favorable conditions such as a steepening yield curve.
Financial PerformancePennyMac Mortgage reported GAAP EPS significantly higher than market expectations, showcasing the company's strong profitability.
Operational SuccessThe company's correspondent production outperformed estimates indicating enhanced profitability and operational efficiency.
Bears Say
Dividend RiskIf the earnings run-rate doesn't improve in the next couple of quarters, the dividend could be at risk.
Financial PerformanceCore EPS was below estimates primarily due to lower-than-expected results in the interest rate sensitive segment.
ValuationStock should continue to trade at a discount to book value, reflecting the uncertain economic and rate environment.
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Ownership Overview
3.21% Insiders
21.71% Mutual Funds
38.37% Other Institutional Investors
36.71% 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 $9.96 and its highest was $15.22 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 Aug 01, 2024 which is in 29 days.
How were PennyMac Mortgage’s earnings last quarter?
PennyMac Mortgage released its earnings results on Apr 24, 2024. The company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.312 by $0.078.
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 11.64%. See more information on PennyMac Mortgage dividends here
What is PennyMac Mortgage’s EPS estimate?
PennyMac Mortgage’s EPS estimate is $0.34.
How many shares outstanding does PennyMac Mortgage have?
PennyMac Mortgage has 86,845,440 shares outstanding.
What happened to PennyMac Mortgage’s price movement after its last earnings report?
PennyMac Mortgage reported an EPS of $0.39 in its last earnings report, beating expectations of $0.312. Following the earnings report the stock price went up 3.061%.
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 593K.
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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:
$14.63 (6.55% Upside)
$14.63 (6.55% Upside)
Hedge Fund Trend
Increased
By 45.4K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▲ 2.2%
Last 30 Days ▲ 1.3%
Last 30 Days ▲ 1.3%
Technicals
SMA
Positive
20 days / 200 days
Momentum
13.39%
12-Months-Change
Fundamentals
Return on Equity
9.47%
Trailing 12-Months
Asset Growth
-19.95%
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
Q1 2024
0:00 / 0:00
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PMT Stock 12 Month Forecast
Average Price Target
$14.63
▲(6.55% Upside)
Technical Analysis
Best Analysts Covering PMT
1 Year
1 Year Success Rate
8/17 ratings generated profit
1 Year Average Return
+10.46%
reiterated a buy rating 11 months ago
Copying Matthew Howlett's trades and holding each position for 1 Year would result in 47.06% of your transactions generating a profit, with an average return of +10.46% per trade.
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