PennyMac Mortgage Investment Trust

PennyMac Mortgage Investment Trust is a holding company and a finance company. The company's business includes four segments: correspondent production, which serves as an intermediary between mortgage lenders and the capital markets by purchasing, pooling and reselling newly originated prime credit quality mortgage loans; credit sensitive strategies, which include distressed mortgage loans, and real estate acquired in settlement of mortgage loans; interest rate sensitive strategies, which include excess servicing spread and interest rate hedging activities; and corporate activities, which includes certain interest income and management fee and other corporate expenses.
  • TickerPMT
  • ISINUS70931T1034
  • ExchangeNew York Stock Exchange
  • SectorReal Estate Investment Trusts
  • CountryUnited States
Brian Violino ...
  • David Chiaverini
  • Hersh Shintre
  • Peter Winter

Initiating at NEUTRAL; Ongoing Thrift Conversion May Unlock Value

Brian Violino ...
  • Henry Coffey

A Look at The Contribution From CRTs - Higher EPS & Higher Book Value

Dave Nicoski ...
  • Ross LaDuke

Vital Signs: Actionable charts

Key Points: • A number of Banks and Thrifts are developing price and/or RS reversals. (ex. BHLB, OFG, STL, CHFC, CPF, GWB, PPBI, HOPE, MTB,CBSH) • Money management/Capital markets and Insurance names remain leadership in the Financial Sector. (ex. AMP, NAVI, PMT, JEF, JRVR, and MCY.

Brian Violino ...
  • David Chiaverini
  • Hersh Shintre
  • Peter Winter

Initiating at NEUTRAL; Ongoing Thrift Conversion May Unlock Value

Brian Violino ...
  • Henry Coffey

A Look at The Contribution From CRTs - Higher EPS & Higher Book Value

PennyMac Mortgage Investment Trust: Update following announcement of review for downgrade

Our credit view of PennyMac following announcement of review for downgrade.

Moody's reviews PennyMac Mortgage Investment Trust's ratings for downgrade following significant decline in capital levels

Rating Action: Moody's reviews PennyMac Mortgage Investment Trust's ratings for downgrade following significant decline in capital levels. Global Credit Research- 21 May 2020. New York, May 21, 2020-- Moody's Investors Service, has placed on review for downgrade PennyMac Mortgage Investment Trust's Ba3 corporate family rating and B2 long-term issuer rating.

Moody's announces completion of a periodic review of ratings of PennyMac Mortgage Investment Trust

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of PennyMac Mortgage Investment Trust. Global Credit Research- 20 Sep 2019. New York, September 20, 2019-- Moody's Investors Service has completed a periodic review of the ratings of PennyMac Mortgage Investment Trust and other ratings that are associated with the same analytical unit.

PennyMac Mortgage Investment Trust: Semiannual Update

Our credit view of PennyMac reflecting its solid financial track record, strong capitalization and improving profitability partly offset by the risks from its short-term funding usage.

PennyMac Mortgage Investment Trust: Update following publication of Rating Methodology for Finance Companies

Ba3 CFR reflects strong capital levels and solid and improving profitability. Risk factors include reliance on short-term secured financing.

Thanks to a better fundamental star rating, PENNYMAC MGE.INV.TST. sees an upgrade to Neutral

The independent financial analyst theScreener just awarded an improved star rating to PENNYMAC MGE.INV.TST. (US), active in the Real Estate Investment Trusts industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 3 out of 4 possible stars. With regard to its market behaviour, it remains unchanged and can be qualified as risky. theScreener considers that these elements allow slightly upgrading its rating to Neutral. As of the analysis date June 2, 2020, the closing price was USD 11.63 and its expected value was estimated at USD 10.78.

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