Equity Details
Price & Market Data
Price: $10.64
Daily Change: -$0.145 / 1.36%
Daily Range: $10.46 - $10.83
Market Cap: $912,136,704
Daily Volume: 1,202,126
Performance Metrics
1 Week: -13.77%
1 Month: -12.47%
3 Months: -14.12%
6 Months: -13.98%
1 Year: -18.73%
YTD: -16.65%
About PennyMac Mortgage Investment Trust (PMT)
Find all you need to know about PennyMac Mortgage Investment Trust (PMT)'s market performance. The stock is valued at 10.64, showing a daily change of -$0.145 / 1.36%. Its market capitalization is 912,136,704. Dive into its short-term and long-term performance trends.
Company Details
Employees: 7
Sector: Finance
Industry: Real estate investment trusts
Country: United States
Details
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.