Inside the research
PennyMac Mortgage Investment Trust
PMT Research profile · latest available data
Price overview
$8.33
▼ -0.12 (-1.4%)
| 52w hi | $12.84 |
|---|---|
| 52w lo | $8.33 |
| Vol | 1.84M |
| As of | 25 Sep 2026 |
The Verdict
Our score -0.50
| Short | -0.55 |
|---|---|
| Medium | -0.58 |
| Long | -0.26 |
computed 2026-09-27
Key fundamentals
PennyMac Mortgage Investment Trust
Real Estate · REIT - Mortgage
| Market cap | $726.40M |
|---|---|
| Enterprise value | $23.96B |
| Trailing P/E | 5.78x |
| Forward P/E | 6.01x |
| P / S (ttm) | 1.06x |
| Profit margin | 24.3% |
| Return on equity | 8.9% |
| Revenue growth | +6.1% |
| Debt / equity | 1239.08 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.23 | |
| Sector | -0.04 | |
| Technical | -0.39 | |
| Earnings | +0.00 | |
| Sentiment | -0.11 |
macro × 1.00 · 2026-09-27
Business overview
PennyMac Mortgage Investment Trust, through its subsidiary, primarily invests in residential mortgage-related assets in the United States. The company operates through: Credit Sensitive Strategies, Interest Rate Sensitive Strategies, and Correspondent Production segments. The Credit Sensitive Strategies segment invests in credit risk transfer (CRT) agreements and subordinate and credit-linked mortgage-backed securities (MBS). The Interest Rate Sensitive Strategies segment engages in investing in mortgage servicing rights, agency and senior non-agency MBS, and collateralized mortgage obligations (CMOs), as well as interest rate hedging activities. The Correspondent Production segment is involved in purchasing, pooling, and reselling newly originated prime credit quality loans directly or in the form of MBS. The company primarily sells its loans to government-sponsored enterprises. It has elected to be taxed as a real estate investment trust (REIT). It is not subject to U.S. federal income tax on the REIT taxable income it distributes to its shareholders. PennyMac Mortgage Investment Trust was incorporated in 2009 and is headquartered in Westlake Village, California.
Risk Metrics
| Beta vs SPX | 0.58 |
|---|---|
| Corr SPX | 0.34 |
| Annual vol | 27.0% |
| Annual ret | -23.2% |
| Sharpe | -0.86 |
| Max DD | -43.6% |
Window: 504 trading days (504 obs)
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-07-29 | Earnings Release, Exhibits | read |
| 2026-06-16 | Officer / Director Change, Shareholder Vote… | read |
| 2026-05-05 | Earnings Release, Exhibits | read |
| 2026-01-29 | Earnings Release, Exhibits | read |
| 2025-12-22 | Material Obligation, Exhibits | read |
| 2025-12-16 | Material Obligation, Exhibits | read |
| 2025-10-21 | Earnings Release, Exhibits | read |
| 2025-07-22 | Earnings Release, Exhibits | read |
| 2025-06-25 | Shareholder Vote | read |
| 2025-06-10 | Material Agreement, Material Obligation… | read |
| 2025-04-22 | Earnings Release, Exhibits | read |
| 2025-02-11 | Material Agreement, Material Obligation… | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-08-03 | Hendry Gregory L | Chief Accounting Officer | Sell | 2.44K | $22.90K |
| 2026-03-12 | Tidmore Abbie | Chief Revenue Officer | Withheld for tax | 484 | $5.75K |
| 2026-03-12 | STARK DEREK | Chief Legal Officer | Withheld for tax | 931 | $11.07K |
| 2026-03-12 | Jones Doug | Director, President & CMB | Withheld for tax | 2.96K | $35.19K |
| 2026-03-12 | Perotti Daniel Stanley | Chief Financial Officer | Withheld for tax | 2.66K | $31.60K |
| 2026-03-12 | SPECTOR DAVID | Chairman and CEO | Withheld for tax | 5.25K | $62.48K |
| 2026-02-28 | Follette James | Chief Digital Officer | Withheld for tax | 586 | $7.18K |
| 2026-02-28 | Jones Doug | Director, President & CMB | Withheld for tax | 2.72K | $33.33K |
| 2026-02-28 | STARK DEREK | Chief Legal Officer | Withheld for tax | 1.03K | $12.58K |
| 2026-02-28 | Perotti Daniel Stanley | Chief Financial Officer | Withheld for tax | 2.93K | $35.91K |
Flow & Concentration
| Insider 180d net | -$22.90K |
|---|---|
| Insider buys / sells | 0 / 1 |
| Insider bias | Neutral |
| 13F holders | 0 |
| Top-5 share | 0.0% |
| HHI | 0 (—) |
SEC Filings
The Long Run
FY 2011–2025 · 15 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $108.50M | -0.5% | |
| Net income | $127.87M | +18.0% | |
| Cash from ops | $1.34B | +18.9% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $8.47 | $8.49 | $8.24 | $8.33 | 1.84M |
| Sep 24 | $8.70 | $8.78 | $8.44 | $8.45 | 2.03M |
| Sep 23 | $8.96 | $8.97 | $8.73 | $8.73 | 1.69M |
| Sep 22 | $8.96 | $9.11 | $8.96 | $9.01 | 1.58M |
| Sep 21 | $8.90 | $8.96 | $8.86 | $8.88 | 1.72M |
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