PennyMac Mortgage Investment Trust (PMT-PB)
Real Estate · NYQ
Fundamentals
Valuation and ratings
PennyMac Mortgage Investment Trust trades at USD22.40, which is 32% above the USD15.20 our discounted cash flow model puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.
Our moat model scores it 48 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
PMT-PB dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | USD1.00 | 2 |
| 2025 | USD2.00 | 4 |
| 2024 | USD2.00 | 4 |
| 2023 | USD2.00 | 4 |
| 2022 | USD2.00 | 4 |
| 2021 | USD2.00 | 4 |
| 2020 | USD2.00 | 4 |
| 2019 | USD2.00 | 4 |
| 2018 | USD2.00 | 4 |
| 2017 | USD0.889 | 2 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
About PennyMac Mortgage Investment Trust
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.
PMT-PB passes 1 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Common questions
Is PennyMac Mortgage Investment Trust (PMT-PB) undervalued?
Against our discounted cash flow estimate of USD15.20, PMT-PB at USD22.40 is 32% above fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
Does PennyMac Mortgage Investment Trust (PMT-PB) pay a dividend?
Yes. PennyMac Mortgage Investment Trust yields 8.97% at the current share price. It has paid USD2.00 per share over the trailing twelve months. It has paid a dividend in each of the last 9 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
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Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.