PMT News and Press, PennyMac Mortgage Investment Trust of Beneficial Interest From 10/03/23

2023-10-03 17:57:05 ET Summary Volatility in Treasuries is causing issues for analysts as it affects share prices and fundamentals. The market forecast for inflation has not changed significantly in the last six months, indicating belief that inflation is under control. Mortga...

2023-10-03 02:30:15 ET Summary September saw no new preferred stock offerings, but three ETD offerings began trading with dividend yields ranging from 7.625% to 8.5%. CDx3 preferreds ranked 10 out of 10 are selling at an average discount to par of about 8.5% and offer an average c...

2023-10-01 09:24:15 ET Summary We take a look at the action in preferreds and baby bonds through the fourth week of September and highlight some of the key themes we are watching. Preferreds finished lower, under pressure from the higher-for-longer Fed message. Morgan Stanley ...

2023-09-28 17:45:07 ET Summary Rising interest rates pose challenges for many REITs by impacting debt rollovers and investor alternatives. Higher rates will add around $2 billion to the national debt over the next decade. Even more if they create a recession. Apartment constru...

2023-09-27 21:55:17 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...

Pennymac ranked as #38 Among 100 U.S. Companies for Outstanding Employee Sentiment and Satisfaction Pennymac is proud to announce its recognition in Newsweek’s annual Top 100 Most Loved Workplaces® list, a result of a collaboration with the Best Practice Institute (BPI), a l...

2023-09-24 09:00:00 ET Summary U.S. equity markets posted their worst week since March as benchmark interest rates surged through multi-decade highs after the Federal Reserve reiterated a "higher for longer" monetary policy approach. Finishing lower for the sixth week in the past ...

2023-09-22 17:29:38 ET Summary Chimera Investment Corporation is considering whether to keep CIM-B as a fixed-rate dividend or allow it to float as originally intended. The company previously stated that the LIBOR rate payable on their preferred shares was already replaced with SO...

2023-09-21 15:42:36 ET More on Real Estate Stocks Compare metrics for ARI to CIM, COMP, GPMT, HOUS, IVR Apollo Commercial: Has Been Over-Punished KB Home Remains A Buy After Solid Fiscal Q3 Results Pulte Has Significant Upside Thanks To A Resilient Housing Ma...

2023-09-20 16:00:00 ET Summary The article discusses the performance and price-to-book ratios of several high yield REITs. Charts are provided to contrast current valuations, dividend yields, and the impact of changes in valuation during the last decade. Some of the most popul...