PMT News and Press, PennyMac Mortgage Investment Trust of Beneficial Interest From 06/11/23

2023-06-11 09:00:00 ET Summary U.S. equity markets climbed to their highs of the year as investors took positions ahead of a critical slate of inflation data and an anticipated "pause" in the Fed's rate hike cycle. Closing the week in 'bull market' territory, the S&P 500 advan...

PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its Board of Trustees declared a cash dividend of $0.40 per common share of beneficial interest for the second quarter of 2023. This dividend will be paid on July 28, 2023, to common shareholders of record as of July 14, 2023. ...

2023-05-31 18:07:28 ET Summary Big yields and even bigger discounts on each share here. A buyout drove one of our positions up about 40% in a day. The REITs we're highlighting here don't unusually trade at such large discounts to book value. Get ready for charts, image...

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 significa...

PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its Board of Trustees has declared cash dividends for the second quarter of 2023 on its 8.125% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Shares of Beneficial Interest (NYSE: PMT PrA), its 8.000% Series B Fix...

2023-05-11 10:00:00 ET Summary After covering the Winners of REIT Earnings Season earlier this week, Part 2 of our Earnings Recap focuses on the worst-performing property sectors and common threads shared by these laggards. While there were upside standouts and some solid reports ...

2023-05-08 12:21:12 ET The past year has been extremely difficult for companies in the mortgage industry. As the Federal Reserve hiked the Fed funds rate at the most aggressive pace in decades, mortgage originators struggled with ever-declining volumes. That led to mortgage real estate in...

2023-04-30 09:00:00 ET Summary U.S. equity markets extended their rebound this week as a strong slate of earnings reports clashed with renewed concerns over financial instability and economic data that provided fodder for both bulls and bears. Closing at its highest levels since e...

2023-04-28 11:19:47 ET PennyMac Mortgage Investment ( NYSE: PMT ) stock rose ~6% on Friday following its Q1 results. Net income attributable to common shareholders was $50.2M, compared to a net loss of -29.58M in Q1 2022. Q1 GAAP EPS of $0.50 surpassed analysts' expectations...

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...