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Upturn AI SWOT - About
PMT 
PennyMac Mortgage Investment Trust (PMT)
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Upturn Advisory Summary
09/17/2025: PMT (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
9 Analysts rated it
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $13.43
1 Year Target Price $13.43
| 0 | Strong Buy |
| 2 | Buy |
| 7 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -24.9% | Avg. Invested days 29 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/17/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.06B USD | Price to earnings Ratio 16.88 | 1Y Target Price 13.43 |
Price to earnings Ratio 16.88 | 1Y Target Price 13.43 | ||
Volume (30-day avg) 9 | Beta 1.3 | 52 Weeks Range 11.05 - 14.02 | Updated Date 09/17/2025 |
52 Weeks Range 11.05 - 14.02 | Updated Date 09/17/2025 | ||
Dividends yield (FY) 13.06% | Basic EPS (TTM) 0.72 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 17.1% | Operating Margin (TTM) 11.7% |
Management Effectiveness
Return on Assets (TTM) 0.73% | Return on Equity (TTM) 5.53% |
Valuation
Trailing PE 16.88 | Forward PE 8.19 | Enterprise Value 15785651200 | Price to Sales(TTM) 1.72 |
Enterprise Value 15785651200 | Price to Sales(TTM) 1.72 | ||
Enterprise Value to Revenue 64.54 | Enterprise Value to EBITDA - | Shares Outstanding 87016600 | Shares Floating 71950549 |
Shares Outstanding 87016600 | Shares Floating 71950549 | ||
Percent Insiders 0.97 | Percent Institutions 70.51 |
Upturn AI SWOT
PennyMac Mortgage Investment Trust
Company Overview
History and Background
PennyMac Mortgage Investment Trust (PMT) was founded in 2009. It focuses on investing in mortgage-related assets and has grown through strategic acquisitions and partnerships, adapting to changing market conditions.
Core Business Areas
- Credit Sensitive Strategies: Invests in distressed mortgages and other credit-sensitive assets.
- Interest Rate Sensitive Strategies: Invests in mortgage-backed securities (MBS) and other interest rate-sensitive assets.
- Correspondent Production: Acquires newly originated mortgage loans from correspondent sellers.
Leadership and Structure
David Spector is the Chairman and Chief Executive Officer. The company operates with a board of directors and a management team overseeing various business segments.
Top Products and Market Share
Key Offerings
- Credit Risk Transfer (CRT) Securities: Invests in CRT securities to gain exposure to mortgage credit risk. Market share data for PMT is not readily available, but competitors include Redwood Trust (RWT) and Annaly Capital Management (NLY).
- Mortgage-Backed Securities (MBS): Invests in agency and non-agency MBS. Market share data for PMT is not publicly available, competitors include AGNC Investment Corp. (AGNC) and Anworth Mortgage Asset Corporation (ANH).
- Correspondent Lending: PMT acquires loans from a vast network of correspondent lenders. While PMT's exact market share isn't known, key competitors in the correspondent lending space are large banks such as Wells Fargo (WFC) and JP Morgan Chase (JPM), along with other independent mortgage companies.
Market Dynamics
Industry Overview
The mortgage REIT industry is influenced by interest rates, housing market conditions, and credit spreads. Regulatory changes also impact the sector.
Positioning
PennyMac Mortgage Investment Trust is positioned as a mortgage REIT focused on both credit-sensitive and interest rate-sensitive assets, aiming for diversification and risk management.
Total Addressable Market (TAM)
The total addressable market for mortgage REITs is substantial, estimated to be in the trillions of dollars. PennyMac Mortgage Investment Trust's position within this TAM is relatively smaller compared to larger REITs.
Upturn SWOT Analysis
Strengths
- Diversified investment portfolio
- Experienced management team
- Strong relationships with correspondent lenders
Weaknesses
- Sensitivity to interest rate fluctuations
- Exposure to credit risk
- Complexity of mortgage-related investments
Opportunities
- Expansion into new mortgage-related asset classes
- Increased demand for mortgage financing
- Strategic acquisitions
Threats
- Rising interest rates
- Economic downturn
- Increased competition
Competitors and Market Share
Key Competitors
- AGNC
- NLY
- RWT
Competitive Landscape
PennyMac Mortgage Investment Trust competes with other mortgage REITs on the basis of investment strategy, risk management, and access to capital. PMT has a lower market share then it's competitors.
Major Acquisitions
Excess MSRs from Seneca Mortgage
- Year: 2013
- Acquisition Price (USD millions): 30
- Strategic Rationale: Expanded PMT's MSR portfolio and servicing capabilities.
Growth Trajectory and Initiatives
Historical Growth: PennyMac Mortgage Investment Trust has experienced growth in assets and revenues through strategic investments and market opportunities.
Future Projections: Future growth is projected based on analyst estimates, focusing on expansion in mortgage origination and investment opportunities.
Recent Initiatives: Recent initiatives include expanding correspondent lending channels and optimizing the investment portfolio.
Summary
PennyMac Mortgage Investment Trust is a mortgage REIT that invests in a diversified portfolio of mortgage-related assets. The company has experienced growth in assets and revenues over the past years. It faces challenges due to interest rate sensitivity and credit risk but benefits from an experienced management team. PMT must be careful about future changes in interest rates to avoid liquidity risk.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company SEC Filings
- Analyst Reports
- Industry Publications
Disclaimers:
This analysis is based on available information and is not financial advice. Market conditions may change rapidly.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About PennyMac Mortgage Investment Trust
Exchange NYSE | Headquaters Westlake Village, CA, United States | ||
IPO Launch date 2009-07-30 | Chairman of the Board & CEO Mr. David A. Spector | ||
Sector Real Estate | Industry REIT - Mortgage | Full time employees 7 | Website https://pmt.pennymac.com |
Full time employees 7 | Website https://pmt.pennymac.com | ||
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, Correspondent Production segments. The Credit Sensitive Strategies segment invests in credit risk transfer (CRT) agreements and subordinate mortgage-backed securities (MBS). The Interest Rate Sensitive Strategies segment engages in investing in mortgage servicing rights, base servicing and excess servicing spreads, and agency and senior non-agency MBS, as well as related 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 entities. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its shareholders. The company was incorporated in 2009 and is headquartered in Westlake Village, California.
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