Welcome to our dedicated page for Pennymac Mortg news (Ticker: PMT), a resource for investors and traders seeking the latest updates and insights on Pennymac Mortg stock.
PennyMac Mortgage Investment Trust (PMT) provides investors with critical updates through this centralized news resource. Track official announcements and market developments related to PMT's mortgage-backed securities, credit risk transfer strategies, and residential loan investments.
This page for comprehensive coverage of earnings reports, strategic initiatives, and regulatory filings. Access timely updates on PMT's three core segments: credit-sensitive investments, interest rate hedging activities, and correspondent production operations. Investors benefit from consolidated access to dividend declarations, portfolio performance insights, and management commentary.
Key updates include acquisitions, risk management developments, and market position analyses. All content is sourced from verified releases and financial disclosures. Bookmark this page for efficient tracking of PMT's evolving strategies in residential mortgage markets. Return regularly for unfiltered access to the trust's latest operational milestones.
PennyMac Mortgage Investment Trust (PMT) reported a net loss of $81.2 million for Q2 2022, equating to $(0.88) per share, against a net investment income of $21.5 million. The loss is attributed to fair value decreases in credit-sensitive strategies, alongside a tax provision of $30.9 million. PMT repurchased 1.9 million shares at an average price of $14.72. The book value per share declined from $17.87 to $16.59. Despite losses, management expressed confidence in future investment opportunities due to improved spread conditions.
PennyMac Mortgage Investment Trust (PMT) will announce its financial results for the quarter ended June 30, 2022, after market close on August 2, 2022. The news release will be accessible on www.PennyMac-REIT.com. A recorded presentation reviewing the results will also be available online simultaneously. For those unable to access the website, copies of the slide presentation can be requested through the Investor Relations department at (818) 224-7028.
PennyMac Mortgage Investment Trust (PMT) has declared a cash dividend of $0.47 per common share for Q2 2022, payable on July 28, 2022, to shareholders on record as of July 14, 2022. This payout reflects the company's commitment to returning value to its investors while investing primarily in residential mortgage loans and mortgage-related assets. PMT is externally managed by PNMAC Capital Management, a subsidiary of PennyMac Financial Services (PFSI).
PennyMac Mortgage Investment Trust (PMT) has declared cash dividends for Q2 2022 on its preferred shares. The 8.125% Series A shares (PMT PrA) will pay $0.507813 per share, the 8.000% Series B shares (PMT PrB) will pay $0.500000, and the 6.750% Series C shares (PMT PrC) will pay $0.421875. All dividends have a record date of June 1, 2022, and a payment date of June 15, 2022. This announcement reflects the company's ongoing commitment to providing income to its shareholders.
PennyMac Financial Services reported a net income of $173.6 million or $2.94 per diluted share for Q1 2022, with revenues of $657.5 million. Book value rose to $62.19. The Board declared a $0.20 per share dividend. However, pretax income saw a 54% dip from Q1 2021, attributed to decreased production and lower mortgage market volumes. The servicing segment performed strongly with pretax income of $225.2 million, marking a significant increase from the previous quarter. The company aims to align expenses with reduced activity levels due to rising mortgage rates.
PennyMac Mortgage Investment Trust (NYSE: PMT) reported a net loss of $29.6 million, or $(0.32) per share, for Q1 2022 on net investment income of $81.8 million. This represents a slight increase in losses compared to $27.3 million in the prior quarter. The company declared a cash dividend of $0.47 per share. Fair value declines from credit-sensitive strategies impacted results, despite strong performance in interest rate-sensitive strategies. Book value per share decreased to $17.87 from $19.05. PMT repurchased 2.99 million shares for $47.2 million during the quarter.
PennyMac Mortgage Investment Trust (NYSE: PMT) will announce its financial results for the quarter ending March 31, 2022, via a news release after the market closes on May 5, 2022. The announcement will be accessible online, and a recorded presentation by the executives will accompany the results. For those unable to access the website, copies of the presentation can be requested through investor relations.
PennyMac specializes in residential mortgage loans and related assets, managed by PNMAC Capital Management, a subsidiary of PennyMac Financial Services, Inc. (NYSE: PFSI).
PennyMac Mortgage Investment Trust (NYSE: PMT) will hold its 2022 Annual Meeting of Shareholders virtually on June 1, 2022, at 11:00 a.m. Pacific Time. Shareholders of record as of April 5, 2022, can attend and vote at the meeting. Participants can join via www.virtualshareholdermeeting.com/PMT2022 using their control number. Shareholders are encouraged to vote in advance, with additional information available in the proxy materials.
PennyMac Mortgage Investment Trust (NYSE: PMT) has appointed Catherine A. Lynch, former CEO of the National Railroad Retirement Investment Trust, to its Board of Trustees. David A. Spector, Chairman and CEO, expressed enthusiasm for her extensive experience in investment strategies, which is expected to provide valuable insights to PMT. Lynch's notable contributions include developing investment procedures and strategies for various organizations. PennyMac primarily invests in residential mortgage loans and mortgage-related assets, and is externally managed by PNMAC Capital Management, a subsidiary of PennyMac Financial Services (NYSE: PFSI).
PennyMac Mortgage Investment Trust (NYSE: PMT) has declared a cash dividend of $0.47 per common share for the first quarter of 2022. The dividend will be distributed on April 28, 2022, to shareholders on record as of April 15, 2022. PMT is a real estate investment trust primarily focusing on residential mortgage loans. The announcement reflects the company’s ongoing commitment to return value to its shareholders amid current market conditions.
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