PMT News and Press, PennyMac Mortgage Investment Trust of Beneficial Interest From 06/23/21

In our last public update on the sector, we wrote: “NLY’s share price is pushing the upper end of our target ranges as well”. It temporarily moved over that line, providing an opportunity for investors to capture their gains. If you’re not using price-t...

We take a look at the action in preferreds and baby bonds through the second week of June and highlight some of the key themes we are watching. We discuss the market action and highlight individual issuer news. We continue to favor pinned-to-par securities due to their greater res...

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Economic reports in the week ahead Big Tech will be in the spotlight next with the U.S. House Judiciary Committee expected to vote on a package on antitrus...

U.S. equity markets slid to their worst week since February after the Federal Reserve accelerated its "lift-off" plans in response to surging inflation, sparking a sell-off in economically sensitive assets. Snapping a three-week winning streak and retreating from record-highs set...

Shares of PennyMac Mortgage Investment Trust of Beneficial Interest (NYSE:PMT) traded at a new 52-week high today of $21.11. So far today approximately 904,000 shares have been exchanged, as compared to an average 30-day volume of 816,000 shares. PennyMac Mortgage Investment Trust is a s...

U.S. equity markets rallied to fresh record highs this past week as long-term interest rates retreated despite inflation data showing the highest annual rise in consumer prices in decades. A seemingly insatiable bid for Treasury Bonds - a counterintuitive trend that some analysts like...

Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar for companies due to report. Satu...

PennyMac Mortgage Investment Trust (NYSE: PMT) today announced an update regarding its combined virtual Investor Day with PennyMac Financial Services, Inc. (NYSE: PFSI) on Thursday, June 17, 2021. Registration for the event is now open and available on the Company’s investor rela...

PennyMac Financial Services, Inc. (NYSE: PFSI) today announced an update regarding its combined virtual Investor Day with PennyMac Mortgage Investment Trust (NYSE: PMT) on Thursday, June 17, 2021. Registration for the event is now open and available on the Company’s investor rela...

PennyMac Mortgage Investment Trust of Beneficial Interest (NYSE:PMT) traded at a new 52-week high today of $20.69. This new high was reached on below average trading volume as 256,000 shares traded hands, while the average 30-day volume is approximately 767,000 shares. In the past 52 wee...