PMT News and Press, PennyMac Mortgage Investment Trust of Beneficial Interest From 05/16/22

Some people think NLY is on sale. We call that being wrong. We called for substantial damage in Q1 2022 and we were right. Early Q2 2022 is giving some bruises also. There are opportunities in common shares, but this isn't it. If you want common shares, I'll include 3 alternatives...

Putting two REITs head to head, we can see a clear winner. One has barely delivered positive returns over the longer part of a decade as falling book value offset big dividends. The other drove book value up while paying out dividends, resulting in shareholders’ wealth doub...

5 big yields, all with upside. But I've got 1 more share to mention. With most of the earnings releases out, the charts are updated to show discounts to Q1 2022 book values. Some of these picks are extremely rare. We’re suggesting two shares I encouraged investors to dump f...

The sector got smacked along with the rest of the market. Mortgage REIT fundamentals aren't tied so closely to the rest of the market and there are some great opportunities. I'll highlight 9 good picks in this article. There are a few landmines left in the sector, so investors...

The following slide deck was published by PennyMac Mortgage Investment Trust in conjunction with their 2022 Q1 earnings call. For further details see: PennyMac Mortgage Investment Trust 2022 Q1 - Results - Earnings Call Presentation

PennyMac Mortgage Investment Trust (PMT) Q1 2022 Earnings Conference Call May 5, 2022 17:00 ET Company Participants David Spector - Chairman and Chief Executive Officer Dan Perotti - Senior Managing Director and Chief Financial Officer Vandy Fartaj - Senior Managing Director and Chief Investm...

PennyMac Mortgage Investment Trust press release (NYSE:PMT): Q1 GAAP EPS of -$0.32 misses by $0.55. Revenue of $81.84M (-59.4% Y/Y) beats by $0.97M. “While the origination market continues to transition, higher interest rates and wider credit spreads are presenting attractive opportuni...

PennyMac Mortgage Investment Trust (NYSE: PMT) today reported a net loss attributable to common shareholders of $29.6 million, or $(0.32) per common share on a diluted basis for the first quarter of 2022, on net investment income of $81.8 million. PMT previously announced a cash dividen...

When shares trade at a 40% discount to book value, they should have substantial flaws. This REIT isn’t perfect, but it deserves a higher ratio. The 10% dividend yield pays investors to wait for the price to recover. We’ve traded these shares before, so we aren&#x...

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...