PennyMac Mortgage Investment Trust (PMT)

USD 13.03

(-2.98%)

Market Cap (In USD)

1.13 Billion

Revenue (In USD)

725.86 Million

Net Income (In USD)

199.65 Million

Avg. Volume

823.86 Thousand

Currency
USD
Country
Real Estate
Open
-
Prev. Close
-
Day Range
-
Year Range
12.81-15.89
PE
-
EPS
-
Beta Value
1.475
ISIN
US70931T1034
CUSIP
70931T103
CIK
1464423
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Real Estate
Industry
REIT - Mortgage
CEO
Mr. David A. Spector
Employee Count
-
Website
https://www.pennymacmortgageinvestmenttrust.com
Ipo Date
2009-07-30
Details
PennyMac Mortgage Investment Trust, a specialty finance company, primarily invests in mortgage-related assets in the United States. The company's Credit Sensitive Strategies segment invests in credit risk transfer (CRT) agreements, CRT securities, distressed loans, real estate, and non-agency subordinated bonds. Its 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), as well as related interest rate hedging activities. The company's Correspondent Production segment is involved 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. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its shareholders. PennyMac Mortgage Investment Trust was founded in 2009 and is headquartered in Westlake Village, California.