PMT News and Press, PennyMac Mortgage Investment Trust of Beneficial Interest From 02/03/22

PennyMac (NYSE:PMT) Q4 results highlighted a downturn in pretax income due to lower margins and volumes. Q4 EPS of $2.79 smashed the $0.39 consensus, though declined from $3.80 in the previous quarter. Total net revenue of $693.81M in Q4 also fell from $786.61M in Q3. Net gains on loans ...

PennyMac Mortgage Investment Trust press release (NYSE:PMT): Q4 GAAP EPS of $2.79 beats by $2.34. Total net revenue of $693.81M. Total loan acquisitions and originations, including those fulfilled for PMT, were $47.1 billion in UPB, down 20 percent from the prior quarter and 32 percent from t...

PennyMac Mortgage Investment Trust (NYSE: PMT) today reported a net loss attributable to common shareholders of $27.3 million, or $(0.28) per common share on a diluted basis for the fourth quarter of 2021, on net investment income of $49.5 million. PMT previously announced a cash divide...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Real estate investment trusts, or REITs, are often a great source of passive income as the names in this sector are required by law to distribute at least 90% of their taxable income in the form of dividends. This usual...

On 1/31/2022, AGNC reported results for the fourth quarter of 2021. AGNC reported a comprehensive loss of ($137) million and a non-tangible BV as of 12/31/2021 of $16.76 per common. In this article, I will discuss my previous account projections versus actual results. I will also disc...

Projected BV per share is down materially since 9/30/2021. We will share precise estimates. The yield curve is flattening, but that's really not the key to investing successfully in mortgage REITs. Trading in mortgage REITs can generate excellent returns in much shorter bursts by ...

With the specter of higher interest rates from the Fed, we like the interest rate protection from these two preferred stocks. These undervalued preferreds provide the strongest protection against rising interest rates. With the highest "floating-rate" of their peer class, they sec...

PennyMac Mortgage Investment Trust (NYSE: PMT) will announce results for the quarter and year ended December 31, 2021 in a news release to be issued after the market close on Thursday, February 3, 2022. The release will be available online at www.PennyMac-REIT.com . The Company&...

The New Look and Feel Sets the Stage for the Next Chapter in the Companies’ Evolution PennyMac Financial Services, Inc. (NYSE: PFSI) and PennyMac Mortgage Investment Trust (NYSE: PMT) (collectively “Pennymac” or “the companies”) today annou...

Preferred share opportunities pop up regularly. We called one out yesterday and we’ll mention another today. We’ve got two mortgage REITs that need neutral ratings following a massive share price beatdown. They didn’t plunge from dividend cuts, they were just ...