Pennymac Mortgage Investment Trust

NYSE: PMT
$13.91
+$0.25 (+1.8%)
Closing price April 23, 2024
PennyMac Mortgage Investment Trust is a real estate investment trust (REIT) that focuses on mortgage-related assets in the United States. It operates in three main areas: Credit Sensitive Strategies, which includes investments in various mortgage and real estate assets; Interest Rate Sensitive Strategies, focusing on mortgage servicing rights and mortgage-backed securities; and Correspondent Production, dealing with the purchase and resale of residential loans. Founded in 2009 and based in Westlake Village, California, the company aims to provide returns to its shareholders by distributing at least 90% of its taxable income.
Contrary to political accusations that retailers are “gouging customers”, the cost of goods has jumped due to the devaluation of the dollar from oversupply and government overspending. The real...
Wednesday's top analyst upgrades and downgrades included Alcoa, Cloudflare, Foot Locker, Fortinet, Lockheed Martin, On Semiconductor, Ovintiv, Pfizer, Take-Two Interactive Software, Tyson Foods and...
The Russell indexes are rebalanced each year, and the latest preliminary rebalance was announced recently. These changes create many inflows and outflows of shares from funds.
The top analyst upgrades, downgrades and initiations seen on Wednesday included American Water Works, Boeing, Carnival, Chipotle Mexican Grill, Kinder Morgan, Palo Alto Networks, Ralph Lauren and...
The top analyst upgrades, downgrades and initiations seen for Monday included Allscripts Healthcare Solutions, AmeriGas Partners, CVS Health, IMAX, Kraft Heinz, Marathon Oil, Microsoft and Pfizer.
It is no secret that investors love collecting dividends from their investments. Here are 15 entities that have payouts with yields or yield equivalents of 10% or more.
The top analyst upgrades, downgrades and initiations seen on Tuesday morning include Accenture, Cognizant Technology Solutions, Fitbit, Oracle, Seagate Technology and Vodafone.
The top analyst upgrades, downgrades and initiations seen on Thursday include GoPro, Illumina, Mattel, Match, PeabodyEnergy, Petrobras, Wayfair and Yahoo.
Credit Suisse now sees mortgage-based REITs as an attractive investment opportunity, based on stabilized book values and earnings outlooks.
With an upcoming interest rate hike cycle and with economic uncertainty, many investors might shy away from the mortgage-related real estate investment trusts. But not Credit Suisse.
Monday's top analyst upgrades and downgrades include Anadarko Petroleum, DuPont, FXCM, Garmin, Netflix and Seagate Technology.
These are the top analyst upgrades and downgrades from 24/7 Wall St. for Monday, August 25, 2014.
Source: Jon OggThe analyst team at Sterne Agee has updated its book value estimates for the high-yield mortgage-backed securities (MBS) real estate investment trust (REIT) sector. The move is based...
Source: ThinkstockSterne Agee has downgraded many targets on its mortgage REIT sector. Investors can find extremely high-yield dividends here, often north of 10%, but the risk versus reward often can...
These are the top analyst upgrades, downgrades and initiations from select Wall Street research calls on Friday, April 26, 2013. They include Amazon, Boeing, eBay, SunPower and Anheuser-Busch InBev.