The earnings call presented a mixed sentiment with successful securitizations and growth in loan acquisition as significant positives, while the net loss and interest rate volatility posed challenges.

Company Guidance

During the second quarter of 2025, PennyMac Mortgage Investment Trust (PMT) reported a net loss to common shareholders of $3 million, or a loss per share of $0.04, primarily due to market-driven value changes and a $14 million nonrecurring tax adjustment. Despite the loss, PMT declared a common dividend of $0.40 per share, with a book value per share of $15 as of June 30. The company successfully completed three securitizations of Agency-eligible investor loans totaling $1.1 billion in UPB and a jumbo loan securitization totaling $339 million in UPB. PMT retained $71 million and $82 million of new investments from these securitizations, respectively. The company remains committed to executing one securitization of Agency-eligible nonowner-occupied loans per month and one jumbo loan securitization per quarter. Approximately two-thirds of PMT's shareholders' equity is invested in MSRs and GSE lender risk share transactions, with MSR investments accounting for 47% of deployed equity. PMT's current run rate reflects a quarterly average of $0.38 per share, an increase from $0.35 per share in the prior quarter, driven by increased investment activity and improved performance in Correspondent Production. The company issued $105 million in unsecured senior notes due in 2030 and plans to retire $345 million in exchangeable senior notes due in 2026 closer to maturity.

Successful Securitizations

Completed three securitizations of Agency-eligible investor loans totaling $1.1 billion in UPB and first jumbo loan securitization since 2013 with a total UPB of $339 million.

Growth in Nonowner-Occupied and Jumbo Loans

Increasing volume of nonowner-occupied and jumbo loans generated by the PennyMac platform, highlighting potential for future investment.

Robust Private Label Securitization Market

PennyMac has become a leading issuer of private label securitizations, completing nine securitizations totaling $3.2 billion in UPB since Q4 2024.

Stable MSR Investments

MSR investments account for approximately 47% of deployed equity with stable cash flows expected due to low refinancing incentives.

Increased Correspondent Loan Acquisition Volume

Total correspondent loan acquisition volume was $30 billion in Q2, up 30% from the prior quarter.

PennyMac Mortgage (PMT) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

PMT Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 23, 2025	2025 (Q3)	0.36 / -	0.36	―	―	―
Jul 22, 2025	2025 (Q2)	0.36 / -0.04	0.17	-123.53% (-0.21)
Apr 22, 2025	2025 (Q1)	0.38 / -0.01	0.39	-102.56% (-0.40)
Jan 30, 2025	2024 (Q4)	0.36 / 0.41	0.44	-6.82% (-0.03)
Oct 22, 2024	2024 (Q3)	0.35 / 0.36	0.51	-29.41% (-0.15)
Jul 23, 2024	2024 (Q2)	0.34 / 0.17	0.16	6.25% (+0.01)
Apr 24, 2024	2024 (Q1)	0.31 / 0.39	0.5	-22.00% (-0.11)
Feb 01, 2024	2023 (Q4)	0.34 / 0.44	-0.07	728.57% (+0.51)
Oct 26, 2023	2023 (Q3)	0.29 / 0.51	0.01	5000.00% (+0.50)
Jul 27, 2023	2023 (Q2)	0.33 / 0.16	-0.88	118.18% (+1.04)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

PMT Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 22, 2025	$12.69	$12.89	+1.58%
Apr 22, 2025	$12.81	$11.92	-6.95%
Jan 30, 2025	$12.10	$12.77	+5.54%
Oct 22, 2024	$12.44	$12.30	-1.13%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does PennyMac Mortgage (PMT) report earnings?

PennyMac Mortgage (PMT) is schdueled to report earning on Oct 23, 2025, After Close (Confirmed).

What is PennyMac Mortgage (PMT) earnings time?

PennyMac Mortgage (PMT) earnings time is at Oct 23, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is PMT EPS forecast?

PMT EPS forecast for the fiscal quarter 2025 (Q3) is 0.36.

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