Summary
PMT Chart
PennyMac Mortgage Investment Trust (PMT) Q2 2025 Earnings Call Transcript
PennyMac Mortgage Investment Trust (NYSE:PMT ) Q2 2025 Earnings Conference Call July 22, 2025 6:00 PM ET Company Participants David Spector - Chairman of the Board & CEO Daniel Perotti - Senior MD & CFO Conference Call Participants Douglas Harter - UBS Investment Bank, Research Division Jason Weaver - JonesTrading Institutional Services, LLC, Research Division Bose George - Keefe, Bruyette, & Woods, Inc., Research Division Crispin Love - Piper Sandler & Co., Research Division Eric Hagen - BTIG, LLC, Research Division Operator Good afternoon, everyone, and welcome to PennyMac Mortgage Investment Trust Second Quarter 2025 Earnings Call. Additional earnings materials, including the presentation slides that will be referred to in the call are available on PennyMac Mortgage Investment Trust's website at pmt.pennymac.com.
PennyMac Mortgage (PMT) Reports Q2 Loss, Misses Revenue Estimates
PennyMac Mortgage (PMT) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of $0.35. This compares to earnings of $0.17 per share a year ago.
PennyMac Mortgage Investment Trust: Series C Preferred Shares Offer Safety And Decent Upside
PennyMac Mortgage Investment Trust allocates equity across three principal investment strategies. In contrast to robust earnings since Q1 2023, Q1 2025 results were impacted by mark-to-market losses, resulting in poor preferred dividend coverage. Even so, the cumulative nature of preferred dividends and strong underlying profitability have allowed PennyMac to pay preferred dividends in full in recent years.
Promotica S.p.A. Dividends
 PMT In 2 months Estimated | Quarterly | $0.4 Per Share |
| PMT 4 weeks ago Paid | Quarterly | $0.4 Per Share |
| PMT 3 months ago Paid | Quarterly | $0.4 Per Share |
| PMT 7 months ago Paid | Quarterly | $0.4 Per Share |
| PMT 9 months ago Paid | Quarterly | $0.4 Per Share |
| PMT 12 Jul 2024 Paid | Quarterly | $0.4 Per Share |
Promotica S.p.A. Earnings
| 28 Oct 2025 (In 2 months) Date | | 0.36 Cons. EPS | - EPS |
| 23 Oct 2025 (In 2 months) Date | | 0.36 Cons. EPS | - EPS |
| 21 Jul 2025 Date | | 0.37 Cons. EPS | - EPS |
| 22 Apr 2025 Date | | - Cons. EPS | - EPS |
| 30 Jan 2025 Date | | 0.37 Cons. EPS | 0.41 EPS |
| PMT In 2 months Estimated | Quarterly | $0.4 Per Share |
| PMT 4 weeks ago Paid | Quarterly | $0.4 Per Share |
| PMT 3 months ago Paid | Quarterly | $0.4 Per Share |
| PMT 7 months ago Paid | Quarterly | $0.4 Per Share |
| PMT 9 months ago Paid | Quarterly | $0.4 Per Share |
| PMT 12 Jul 2024 Paid | Quarterly | $0.4 Per Share |
| 28 Oct 2025 (In 2 months) Date | | 0.36 Cons. EPS | - EPS |
| 23 Oct 2025 (In 2 months) Date | | 0.36 Cons. EPS | - EPS |
| 21 Jul 2025 Date | | 0.37 Cons. EPS | - EPS |
| 22 Apr 2025 Date | | - Cons. EPS | - EPS |
| 30 Jan 2025 Date | | 0.37 Cons. EPS | 0.41 EPS |
Promotica S.p.A. (PMT) FAQ
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Promotica S.p.A. Profile
| REIT - Mortgage Industry | Real Estate Sector | David A. Spector CEO | XMIL Exchange | US70931T1034 ISIN |
| US Country | 7 Employees | 11 Jul 2025 Last Dividend | - Last Split | 30 Jul 2009 IPO Date |
Overview
PennyMac Mortgage Investment Trust is a company focused on investing in mortgage-related assets within the United States. Founded in 2009 and with its headquarters in Westlake Village, California, it operates through various segments, including Credit Sensitive Strategies, Interest Rate Sensitive Strategies, and Correspondent Production. PennyMac qualifies as a real estate investment trust (REIT), making it largely exempt from federal corporate income taxes, provided it distributes at least 90% of its taxable income to shareholders.
Products and Services
PennyMac Mortgage Investment Trust offers a diverse range of products and services across different segments:
- Credit Sensitive Strategies: This segment focuses on investments tied to the credit market, including credit risk transfer agreements, CRT securities, subordinate mortgage-backed securities, distressed loans, and real estate. These investments cater to clients seeking opportunities in credit-sensitive assets.
- Interest Rate Sensitive Strategies: Engaging primarily in mortgage servicing rights, excess servicing spreads, and both agency and senior non-agency MBS, along with pertinent interest rate hedging activities. This segment is designed for investors looking to manage or capitalize on interest rate fluctuations.
- Correspondent Production: This area involves the acquisition, pooling, and resale of newly originated prime credit residential loans, either directly or packaged into mortgage-backed securities. These loans are primarily sold to government-sponsored entities or PennyMac Loan Services, LLC, highlighting an integrated process within the mortgage financing ecosystem.
Contact Information
