PMT News and Press, PennyMac Mortgage Investment Trust of Beneficial Interest From 08/22/21

Part 1 of this article compares NLY’s recent investment composition, leverage, hedging coverage ratio, quarterly BV, economic return (loss), and current valuation to 19 mREIT peers. Providing sector-wide metrics allow readers to better understand which mREIT companies will like...

U.S. equity markets retreated on a choppy week after a downbeat slate of economic data heightened concern that the recent COVID resurgence could stall or reverse the global economic reopenings. Exhibiting a reversion back to the "stay at home" trading patterns, the large-cap S&am...

Annaly Capital achieved top FFO ranking, AG mortgage had the top analyst target upside, and The GEO Group top yield out of 350 U.S. REITs per YCharts data 8/17/21. Top-10 net-gainers OHI, GLPI, ABR, SPG, STWD, TWO, RWT, MPW, NNN, and NRZ ranged 14.6%-34.39% 8/17/21. Top-30 US Hi-FFO R...

PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its Board of Trustees has declared cash dividends for the third quarter of 2021 on its 8.125% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Shares of Beneficial Interest (the “Series A P...

Mortgage REITs can offer investors extremely high yields. While the yields are attractive, we want to keep an eye on prices as well. Rather than just paying lip service to prices, investors need to really dig into those price-to-book ratios and contrast current ratios with reasonable ...

In our "State of the REIT Sector" report, we analyze recently-released NAREIT T-Tracker data to review high-level REIT fundamentals over the past quarter through a series of charts. REIT company-level metrics have exhibited a substantial rebound over the last year as FFO and dividends...

PennyMac Mortgage Investment Trust (NYSE: PMT) (the “Company”) today announced the pricing of its underwritten public offering of 10,000,000 of its 6.75% Series C Cumulative Redeemable Preferred Shares of Beneficial Interest (the “Series C Preferred Shares”),...

PennyMac Mortgage Investment Trust (PMT) Q2 2021 Earnings Conference Call August 5, 2021, 5:00 PM ET Company Participants David Spector - Chairman and Chief Executive Officer Andrew Chang - Senior Managing Director and Chief Operating Officer Vandad Fartaj - Senior Managing Director and Chief...

MITT gets an upgrade to a neutral outlook. Shares are down about 26.5% from their highs despite fundamentals performing reasonably well. Agency mortgage REITs have consistently reported declines in book value. The range of the decline differs significantly, but so far all were lower. ...

U.S. equity markets climbed to fresh record highs this past week as better-than-expected employment data eased some concern over threats of another potential wave of COVID-related economic restrictions. The U.S. economy added 942k jobs in July, while continuing jobless claims fel...