PMT News and Press, PennyMac Mortgage Investment Trust of Beneficial Interest From 05/01/22

U.S. equity markets declined for a fourth-straight week as lukewarm earnings results from mega-cap technology companies and downbeat economic data- including a GDP contraction- raised further concerns about emerging stagflation. Logging its worst month since the depths of the pandemic...

PennyMac Mortgage Investment Trust (NYSE: PMT) will announce results for the quarter ended March 31, 2022 in a news release to be issued after the market close on Thursday, May 5, 2022. The release will be available online at www.PennyMac-REIT.com . The Company’s executiv...

We picked up a nice bargain in the mortgage REITs. How could we spot that it was undervalued? It sticks out on the charts. This is a big shift in our view on the common shares. We were bearish when the year started, but a plunging share price deserves a new rating. It's not An...

We picked up another new position in the common shares when the market went into a panic. A significant portion of the pain in the sector is warranted. April has been dreadful for several mortgage REITs, but there are plenty of gems in the rough. Q1 2022 was garbage also, so some ...

I am projecting AGNC will report a combined extremely notable unrealized loss on the company’s on-balance sheet MBS/investments for the first quarter of 2022 (mainly fixed-rate agency MBS). Generic 15- and 30-year fixed-rate agency MBS coupons had extremely notable price decrea...

We picked up two investments that carry excellent yields combined with some healthy upside in the share price. We also dropped one of our positions. Despite this being an extremely difficult period for high-yield investors, we earned over 11% in a little over a month. Why are so m...

I’m now using indicators for trading stock, this method provides a margin of safety for high yield investments. This article provides an actual investment declining at a rapid pace, where I initiated a purchase. My trading either selling or buying stock is exclusively deter...

The news media would have you believe the end is near. We've seen this story before. Preferred shares are defensive options that are on sale. I highlight a few of my favorites. For further details see: 3 Preferred Stocks With 7%+ Yield, For Uncertain Times, And Big I...

We'll lock in another big dividend yield with a respectable amount of upside. These shares have underperformed recently, opening up a more attractive opportunity. As part of financing the trade, we're working on rebalancing the portfolio. We closed out one of our equity REIT posit...

Yesterday, we were talking about one preferred share and highlighting a 13% yield that wasn’t a great deal. Today, we’re flipping the script by talking about one of the 12.5% dividend yielders that belong in your portfolio. This is one of the mortgage REITs I own. Sc...