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PennyMac Mortgage (PMT)
NYSE:PMT
Holding PMT?
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PMT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$10.52 - $15.89
Previous Close$14.24
Volume653.88K
Average Volume (3M)826.15K
Market Cap
$1.24B
Enterprise Value$6.59B
Total Cash (Recent Filing)$467.03M
Total Debt (Recent Filing)$5.82B
Price to Earnings (P/E)9.4
Beta1.34
Next Earnings
Oct 31, 2024EPS Estimate
$0.35Last Dividend Ex-Date
Jul 12, 2024Dividend Yield11.27%
Share Statistics
EPS (TTM)1.51
Shares Outstanding86,860,960
10 Day Avg. Volume596,182
30 Day Avg. Volume826,153
Standard Deviation0.13
R-Squared0.35
Alpha-0.00780
Financial Highlights & Ratios
Price to Book (P/B)0.89
Price to Sales (P/S)4.85
Price to Cash Flow (P/CF)1.30
P/FCF Ratio0.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue12.07
Enterprise Value/Gross ProfitN/A
Enterprise Value/Ebitda11.92
Forecast
1Y Price Target
$14.67Price Target Upside2.95% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
PennyMac Mortgage News
PremiumPre-Earnings
Is PMT a Buy, Before Earnings?
PremiumCompany Announcements
PennyMac Mortgage Announces Board Appointment and Shareholder DecisionsBulls Say, Bears Say
Bulls Say
Dividend StabilityIt sounds as if the dividend is secure for now as management still sees a path toward improved earnings.
EarningsEarnings will be enhanced by a steepening of the yield curve.
Investment EnvironmentManagement struck an optimistic tone about the investing environment, particularly on the improving outlook for non-agency securitizations.
Bears Say
EarningsEarnings run-rate are below the dividend.
Financial PerformanceBook value per share declined 1.4% to $15.89, reflecting elevated rate volatility.
Market 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
3.17% Insiders
21.83% Mutual Funds
40.16% Other Institutional Investors
34.84% 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 $10.52 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 Oct 31, 2024 which is in 41 days.
How were PennyMac Mortgage’s earnings last quarter?
PennyMac Mortgage released its earnings results on Jul 23, 2024. The company reported $0.17 earnings per share for the quarter, missing the consensus estimate of $0.34 by -$0.17.
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 11.27%. See more information on PennyMac Mortgage dividends here
What is PennyMac Mortgage’s EPS estimate?
PennyMac Mortgage’s EPS estimate is $0.35.
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 $0.17 in its last earnings report, missing expectations of $0.34. Following the earnings report the stock price went down -7.947%.
Which hedge fund is a major shareholder of PennyMac Mortgage?
Among the largest hedge funds holding PennyMac Mortgage’s share is Graham Capital Management, L.P.. It holds PennyMac Mortgage’s shares valued at 1M.
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PennyMac Mortgage Stock Smart Score
Unlock Smart Score
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$14.67 (2.95% Upside)
$14.67 (2.95% Upside)
Blogger Sentiment
Neutral
PMT Sentiment 50%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 116.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $489.9K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.5%
Last 30 Days ▼ 1.9%
Last 30 Days ▼ 1.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
23.60%
12-Months-Change
Fundamentals
Return on Equity
9.65%
Trailing 12-Months
Asset Growth
-9.74%
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
Q2 2024
0:00 / 0:00
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PMT Stock 12 Month Forecast
Average Price Target
$14.67
▲(2.95% Upside)
Technical Analysis
Best Analysts Covering PMT
1 Year
1 Year Success Rate
10/16 ratings generated profit
1 Year Average Return
+5.96%
reiterated a buy rating 2 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 +5.96% per trade.
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