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home / news releases / PMT - PennyMac Mortgage Investment Trust: Recovery Is On The Way

PMT - PennyMac Mortgage Investment Trust: Recovery Is On The Way

PennyMac Mortgage Investment Trust of Beneficial Interest

2023-05-25 04:47:38 ET

Summary

  • The book value per share showed a marginal increase to $15.96, which is a slight improvement from last quarter’s $15.78 but still lower than the third quarter results of 2022.
  • The management expects mortgage origination volumes to be significantly higher in the remaining quarters of 2023 compared to the first quarter.
  • PMT has been trading well below its book value at only 0.7x its book value, which is one of the lowest in years.

For further details see:

PennyMac Mortgage Investment Trust: Recovery Is On The Way
Stock Information
Company Name: PennyMac Mortgage Investment Trust of Beneficial Interest
Stock Symbol: PMT
Market: NYSE
Website: pennymacmortgageinvestmenttrust.com
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