PMT News and Press, PennyMac Mortgage Investment Trust of Beneficial Interest From 04/27/23

2023-04-27 16:34:26 ET PennyMac Mortgage Investment Trust press release ( NYSE: PMT ): Q1 GAAP EPS of $0.50 beats by $0.27 . Net investment income of $90.37M (+10.4% Y/Y) misses by $5.03M . Strong performance from PMT’s credit sensitive strategies a...

PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net income attributable to common shareholders of $50.2 million, or $0.50 per common share on a diluted basis for the first quarter of 2023, on net investment income of $90.4 million. PMT previously announced a cash dividend for the fi...

2023-04-24 23:12:29 ET Summary PennyMac is a mortgage REIT (mREIT) that specializes in loan origination and servicing. The company has been quietly shifting its balance sheet to meet the challenges of higher interest rates. While not bulletproof, its role as a mortgage service...

PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that Donna Corley, former Executive Vice President and Head of Single-Family Business at Freddie Mac, will join its Board of Trustees and that Marianne Sullivan will step down from its Board of Trustees, both effective June 1, 2023. ...

PennyMac Mortgage Investment Trust (NYSE: PMT) will announce results for the quarter ended March 31, 2023 in a news release to be issued after the market close on Thursday, April 27, 2023. The release will be available online at pmt.pennymac.com . The Company’s executives will revi...

2023-04-19 15:14:08 ET Summary Most mREITs are likely to continue to underperform in a high-rate environment. Some observers are already predicting an end to fed funds rate hikes, but I suspect those predictions could be premature. Over most time periods, even mREIT gaine...

2023-04-06 05:42:42 ET Summary This article compares NLY’s recent dividend per share rates, yield percentages, and several dividend sustainability metrics to 19 mREIT peers. This includes an analysis of NLY’s quarterly estimated REIT taxable income, estimated core ea...

In Memory of its Founder Stanford L. Kurland, Pennymac Plans to Raise $1 Million for the UCLA Neuro-Oncology Program to Assist in Finding a Cure for Brain Cancer Pennymac, a top national mortgage lender with over 4 million lifetime customers, announced today its sponsorship of the secon...

2023-04-04 19:09:14 ET Summary Wild swings in relative share prices leads to a dramatic change in relative values. Exploiting these opportunities enhances total returns and dividend income over time. This weekend saw a staggering number of extreme failures in market prices. ...

2023-03-29 09:43:02 ET Summary The Global X SuperDividend ETF offers an eye-popping 14.8% yield. However, the ETF’s portfolio consists primarily of high risk securities in the mortgage trust market, which suggests that dividend cuts could negatively affect NAV performance a...