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Pennymac Mortgage Investment Trust - PMT STOCK NEWS

Welcome to our dedicated news page for Pennymac Mortgage Investment Trust (Ticker: PMT), a resource for investors and traders seeking the latest updates and insights on Pennymac Mortgage Investment Trust.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Pennymac Mortgage Investment Trust's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Pennymac Mortgage Investment Trust's position in the market.

News
PennyMac Mortgage Investment Trust Reports First Quarter 2024 Results
Rhea-AI Summary
PennyMac Mortgage Investment Trust (PMT) reported net income of $37.2 million for Q1 2024. The company declared a cash dividend of $0.40 per common share. PMT's book value per common share slightly decreased to $16.11. The company highlighted strong performance in credit sensitive strategies and correspondent production, offset by fair value declines in interest rate sensitive strategies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.38%
Tags
earnings
-
News
PennyMac Financial Services, Inc. Reports First Quarter 2024 Results
Rhea-AI Summary
PennyMac Financial Services, Inc. reported net income of $39.3 million for Q1 2024, with revenue of $305.7 million. Book value per share decreased to $70.13. The company declared a cash dividend of $0.20 per share. Pretax income was $43.9 million. Total loan acquisitions were $21.7 billion. Servicing segment pretax income was $4.9 million. Investment Management segment pretax income was $3.1 million. The company's long track record of profitability and strong capital structure positions it for future growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.38%
Tags
earnings
-
News
PennyMac Mortgage Investment Trust Announces Date for Release of First Quarter 2024 Results
Rhea-AI Summary
PennyMac Mortgage Investment Trust (PMT) will release its first quarter 2024 results on April 24, 2024, after the market closes. A conference call and webcast will follow to discuss the results. The materials will be available on pmt.pennymac.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.21%
Tags
earnings
News
PennyMac Mortgage Investment Trust Declares First Quarter 2024 Dividend for Its Common Shares
Rhea-AI Summary
PennyMac Mortgage Investment Trust (PMT) declares a cash dividend of $0.40 per share for Q1 2024, payable on April 26, 2024. Investors should take note of the record date on April 12, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.73%
Tags
dividends earnings
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News
PennyMac Mortgage Investment Trust Reports Fourth Quarter and Full-Year 2023 Results
Rhea-AI Summary
PennyMac Mortgage Investment Trust (PMT) reported net income of $42.5 million for Q4 2023, with an annualized return on average common equity of 12%. The company's book value per common share increased to $16.13, and net investment income was $84.8 million. PMT also announced a cash dividend of $0.40 per common share. Full-year 2023 highlights include net income of $199.7 million, dividends of $1.60 per common share, and an 11% return on average common equity.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.74%
Tags
earnings
-
News
PennyMac Financial Services, Inc. Reports Fourth Quarter and Full-Year 2023 Results
Rhea-AI Summary
PennyMac Financial Services, Inc. (NYSE: PFSI) reported a net loss of $36.8 million for Q4 2023, with a diluted loss per share of $(0.74) on revenue of $361.9 million. The company declared a Q4 cash dividend of $0.20 per share. Pretax loss was $54.2 million, including a non-recurring expense accrual of $158.4 million. The company issued a $125 million term loan, $750 million of senior notes, and redeemed $875 million in secured term notes. Total loan acquisitions and originations were $26.7 billion. The servicing segment saw a pretax loss of $95.5 million, with a provision for losses on active loans of $5.7 million. Net income for full-year 2023 was $144.7 million, down from $475.5 million in 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.74%
Tags
earnings
News
PennyMac Mortgage Investment Trust Announces Date for Release of Fourth Quarter and Full-Year 2023 Results
Rhea-AI Summary
PennyMac Mortgage Investment Trust (PMT) will release its Q4 and full-year 2023 results on February 1, 2024. The management will host a conference call to review the results, and the release, webcast, and materials will be available online at pmt.pennymac.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.86%
Tags
earnings
-
News
PennyMac Financial Services, Inc. Announces Upsizing and Pricing of Private Offering of $750 Million of Senior Notes
Rhea-AI Summary
PennyMac Financial Services, Inc. (NYSE: PFSI) announced the pricing of $750 million aggregate principal amount of 7.875% Senior Notes due 2029, with an increased offering size from the previously announced $650 million. The Notes will bear interest at 7.875% per annum and will mature on December 15, 2029. The offering is expected to close on December 11, 2023, and the proceeds will be used to repay a portion of the Company’s secured term notes due 2025 and for other general corporate purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.64%
Tags
offering
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News
PennyMac Financial Services, Inc. Announces Proposed Private Offering of $650 Million of Senior Notes
Rhea-AI Summary
PennyMac Financial Services, Inc. (NYSE: PFSI) intends to offer $650 million aggregate principal amount of Senior Notes due 2029 to repay a portion of secured term notes due 2025 and for general corporate purposes. The offering is subject to market conditions and will be made through a private placement to qualified institutional buyers. The Notes have not been registered under the Securities Act and may not be offered or sold in the United States without an applicable exemption.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.27%
Tags
offering
News
PennyMac Mortgage Investment Trust Declares Fourth Quarter 2023 Dividend for Its Common Shares
Rhea-AI Summary
PennyMac Mortgage Investment Trust (PMT) declared a cash dividend of $0.40 per common share of beneficial interest for Q4 2023, payable on January 26, 2024, to common shareholders of record as of December 29, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.27%
Tags
dividends earnings
Stock PMT logo
Pennymac Mortgage Investment Trust

NYSE:PMT

PMT Rankings

#2275 Ranked by Market Cap
#2788 Ranked by Stock Gains
#122 Ranked by Dividends

PMT Stock Data

1.17B
70.35M
1.21%
70.2%
2.23%
Other Financial Vehicles
Finance and Insurance
Link
US
Westlake Village

About PMT

pennymac mortgage investment trust, a specialty finance company, invests primarily in mortgage-related assets in the united states. the company operates through credit sensitive strategies, interest rate sensitive strategies, and correspondent production segments. its credit sensitive strategies segment invests in credit risk transfer (crt) agreements, including firm commitment to purchase crt securities, distressed loans, real estate, and non-agency subordinated bonds. the company's interest rate sensitive strategies segment engages in investing in mortgage servicing rights, excess servicing spreads, and agency and senior non-agency mbs; and related interest rate hedging activities. its correspondent production segment engages in purchasing, pooling, and reselling newly originated prime credit residential loans directly or in the form of mortgage-backed securities (mbs). pnmac capital management, llc acts as the manager of pennymac mortgage investment trust. the company qualifies as a