PennyMac Mortgage (PMT) Just Overtook the 200-Day Moving Average
After reaching an important support level, PennyMac Mortgage (PMT) could be a good stock pick from a technical perspective. PMT surpassed resistance at the 200-day moving average, suggesting a long-term bullish trend.
PennyMac Mortgage Investment Trust: Best Preferred Share Is Series C, Yielding 8.5%
PennyMac Mortgage Investment Trust offers a diversified investment strategy, balancing loans, mortgage-backed securities, servicing, and CRT investments, mitigating risks from interest rate fluctuations. Despite a tempting 11.75% dividend yield on common shares, rising delinquency rates and high interest rates pose unique risks. The Series C preferred shares offer a more attractive and stable 8.5% yield, making them a superior option for income investors.
PennyMac Mortgage Investment Trust (PMT) Q4 2024 Earnings Call Transcript
PennyMac Mortgage Investment Trust (NYSE:PMT ) Q4 2024 Earnings Call January 30, 2025 6:00 PM ET Company Participants David Spector - Chairman and Chief Executive Officer Dan Perotti - Chief Financial Officer Conference Call Participants Bose George - KBW Matthew Erdner - Jones Trading Trevor Cranston - Citizens JMP Doug Harter - UBS Operator Good afternoon and welcome to PennyMac Mortgage Investment Trust Fourth Quarter and Full Year 2024 Earnings Call. Additional earnings materials, including the presentation slides that will be referred to in this call are available on PennyMac Mortgage Investment Trust website at pmt.pennymac.com.
PennyMac Mortgage (PMT) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for PennyMac Mortgage (PMT) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
PennyMac Mortgage (PMT) Beats Q4 Earnings and Revenue Estimates
PennyMac Mortgage (PMT) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.44 per share a year ago.
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The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
PennyMac Mortgage Investment Trust: Series C Preferred Shares Offer 8.2% Dividend Yield
PennyMac Mortgage Investment Trust's Series C preferred shares offer an 8.2% dividend yield and are recommended over other options due to their discount and income potential. Despite interest rate volatility, PennyMac's net income covers preferred dividends, with improved net interest income from higher rate mortgage investments. Mortgage servicing is cash flow positive, with 98% of serviced mortgages insured by Fannie Mae and Freddie Mac.
Are Investors Undervaluing PennyMac Mortgage Investment Trust (PMT) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
PennyMac Mortgage (PMT) Reports Q3 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for PennyMac Mortgage (PMT) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
PennyMac Mortgage Investment Trust (PMT) Q3 2024 Earnings Call Transcript
PennyMac Mortgage Investment Trust (NYSE:PMT ) Q3 2024 Earnings Conference Call October 22, 2024 6:00 PM ET Company Participants David Spector - Chairman & Chief Executive Officer Dan Perotti - Chief Financial Officer Conference Call Participants Jason Weaver - Jones Trading Bose George - KBW Doug Harter - UBS Matthew Howlett - B. Riley Eric Hagen - BTIG Operator Good afternoon, and welcome to PennyMac Mortgage Investment Trust Third Quarter Earnings Call.
PennyMac Mortgage (PMT) Q3 Earnings and Revenues Miss Estimates
PennyMac Mortgage (PMT) came out with quarterly earnings of $0.36 per share, missing the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.51 per share a year ago.
Is PennyMac Mortgage Investment Trust (PMT) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
