Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy PennyMac Mortgage Investment Trust stock

Own PennyMac Mortgage Investment Trust stock in just a few minutes.

PennyMac Mortgage Investment Trust is a reit-mortgage business based in the US. PennyMac Mortgage Investment Trust shares (PMT) are listed on the NYSE and all prices are listed in US Dollars. PennyMac Mortgage Investment Trust employs 1 staff and has a trailing 12-month revenue of around 0.00.

How to buy shares in PennyMac Mortgage Investment Trust

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – PMT – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

PennyMac Mortgage Investment Trust share price

Use our graph to track the performance of PMT stocks over time.

PennyMac Mortgage Investment Trust shares at a glance

Information last updated 2021-04-23.
52-week range$7.18 - $20.12
50-day moving average $19.60
200-day moving average $17.98
Wall St. target price$19.61
PE ratio 73.2593
Dividend yield $1.52 (7.84%)
Earnings per share (TTM) $0.27

Buy PennyMac Mortgage Investment Trust shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.
Name Product Stock trade fee Asset types Option trade fee Annual fee Signup bonus
Sofi Invest
$0
Stocks, ETFs, Cryptocurrency
N/A
0%
A free way to invest in stocks, ETFs and crypto.
Robinhood
$0
Stocks, Options, ETFs
$0
0%
Free stock (chosen randomly with a value anywhere between $2.50 and $200)
Sign up using the "go to site" link
Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.
Interactive Brokers
$0
Stocks, Bonds, Options, Mutual funds, ETFs, Currencies
$0 + $0.65/contract, $1 minimum
0%
N/A
IBKR Lite offers $0 commissions, and IBKR Pro offers advanced tools for professional traders.
Webull
$0
Stocks, Options, ETFs
$0
0%
Get one free stock valued between $2.50 and $250 when you open an account, one more with a deposit
Open an account
Margin financing rates start at 3.99%. No monthly subscription fees for margin.
Public
$0
Stocks, ETFs
N/A
$0 per month
N/A
loading

Compare up to 4 providers

*Signup bonus information updated weekly.

The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy PennyMac Mortgage Investment Trust stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is PennyMac Mortgage Investment Trust under- or over-valued?

Valuing PennyMac Mortgage Investment Trust stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of PennyMac Mortgage Investment Trust's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

PennyMac Mortgage Investment Trust's P/E ratio

PennyMac Mortgage Investment Trust's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 73x. In other words, PennyMac Mortgage Investment Trust shares trade at around 73x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

PennyMac Mortgage Investment Trust's PEG ratio

PennyMac Mortgage Investment Trust's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.12. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into PennyMac Mortgage Investment Trust's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

PennyMac Mortgage Investment Trust financials

Revenue TTM $1.4 billion
Operating margin TTM 5.66%
Gross profit TTM $1.1 billion
Return on assets TTM 0.45%
Return on equity TTM 2.21%
Profit margin 3.72%
Book value $20.41
Market capitalisation $1.9 billion

TTM: trailing 12 months

Shorting PennyMac Mortgage Investment Trust shares

There are currently 2.3 million PennyMac Mortgage Investment Trust shares held short by investors – that's known as PennyMac Mortgage Investment Trust's "short interest". This figure is 16.5% up from 2.0 million last month.

There are a few different ways that this level of interest in shorting PennyMac Mortgage Investment Trust shares can be evaluated.

PennyMac Mortgage Investment Trust's "short interest ratio" (SIR)

PennyMac Mortgage Investment Trust's "short interest ratio" (SIR) is the quantity of PennyMac Mortgage Investment Trust shares currently shorted divided by the average quantity of PennyMac Mortgage Investment Trust shares traded daily (recently around 989075.52742616). PennyMac Mortgage Investment Trust's SIR currently stands at 2.37. In other words for every 100,000 PennyMac Mortgage Investment Trust shares traded daily on the market, roughly 2370 shares are currently held short.

However PennyMac Mortgage Investment Trust's short interest can also be evaluated against the total number of PennyMac Mortgage Investment Trust shares, or, against the total number of tradable PennyMac Mortgage Investment Trust shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case PennyMac Mortgage Investment Trust's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 PennyMac Mortgage Investment Trust shares in existence, roughly 20 shares are currently held short) or 0.0293% of the tradable shares (for every 100,000 tradable PennyMac Mortgage Investment Trust shares, roughly 29 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against PennyMac Mortgage Investment Trust.

Find out more about how you can short PennyMac Mortgage Investment Trust stock.

PennyMac Mortgage Investment Trust share dividends

7%

Dividend payout ratio: 7.25% of net profits

Recently PennyMac Mortgage Investment Trust has paid out, on average, around 7.25% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 9.69% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), PennyMac Mortgage Investment Trust shareholders could enjoy a 9.69% return on their shares, in the form of dividend payments. In PennyMac Mortgage Investment Trust's case, that would currently equate to about $1.52 per share.

While PennyMac Mortgage Investment Trust's payout ratio might seem low, this can signify that PennyMac Mortgage Investment Trust is investing more in its future growth.

PennyMac Mortgage Investment Trust's most recent dividend payout was on 28 April 2021. The latest dividend was paid out to all shareholders who bought their shares by 13 April 2021 (the "ex-dividend date").

PennyMac Mortgage Investment Trust share price volatility

Over the last 12 months, PennyMac Mortgage Investment Trust's shares have ranged in value from as little as $7.1808 up to $20.1177. A popular way to gauge a stock's volatility is its "beta".

PMT.US volatility(beta: 1.17)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while PennyMac Mortgage Investment Trust's is 1.166. This would suggest that PennyMac Mortgage Investment Trust's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

PennyMac Mortgage Investment Trust overview

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, 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 mortgage-backed securities (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 MBS. PNMAC Capital Management, LLC acts as the manager of PennyMac Mortgage Investment Trust. The company qualifies as a real estate investment trust for federal income tax purposes.

Frequently asked questions

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site