Pennymac Mortgage Investment Stock Analysis
| PMT Stock | USD 13.36 0.19 1.40% |
PennyMac Mortgage Investment is fairly valued with Real Value of 13.61 and Target Price of 13.64. The main objective of PennyMac Mortgage stock analysis is to determine its intrinsic value, which is an estimate of what PennyMac Mortgage Investment is worth, separate from its market price. There are two main types of PennyMac Mortgage's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect PennyMac Mortgage's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of PennyMac Mortgage's stock to identify patterns and trends that may indicate its future price movements.
The PennyMac Mortgage stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. PennyMac Mortgage is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. PennyMac Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and PennyMac Mortgage's ongoing operational relationships across important fundamental and technical indicators.
PennyMac |
PennyMac Stock Analysis Notes
About 70.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.83. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. PennyMac Mortgage has Price/Earnings To Growth (PEG) ratio of 2.12. The entity last dividend was issued on the 11th of April 2024. PennyMac Mortgage Investment Trust, a specialty finance company, primarily invests in mortgage-related assets in the United States. PennyMac Mortgage Investment Trust was founded in 2009 and is headquartered in Westlake Village, California. Pennymac Mortgage operates under REITMortgage classification in the United States and is traded on New York Stock Exchange. It employs 1 people. To find out more about PennyMac Mortgage Investment contact David Spector at 818 224 7442 or learn more at https://pmt.pennymac.com.PennyMac Mortgage Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. PennyMac Mortgage's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding PennyMac Mortgage Investment or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| PennyMac Mortgage generated a negative expected return over the last 90 days | |
| The company has 10.47 B in debt with debt to equity (D/E) ratio of 5.24, demonstrating that the company may be unable to create cash to meet all of its financial commitments. PennyMac Mortgage has a current ratio of 0.84, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist PennyMac Mortgage until it has trouble settling it off, either with new capital or with free cash flow. So, PennyMac Mortgage's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like PennyMac Mortgage sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for PennyMac to invest in growth at high rates of return. When we think about PennyMac Mortgage's use of debt, we should always consider it together with cash and equity. | |
| PennyMac Mortgage has a strong financial position based on the latest SEC filings | |
| About 70.0% of PennyMac Mortgage shares are owned by institutional investors | |
| Latest headline from news.google.com: Pennymac Mortgage Investment Trust Passes Through 12 percent Yield Mark - Nasdaq |
PennyMac Mortgage Upcoming and Recent Events
Earnings reports are used by PennyMac Mortgage to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to PennyMac Mortgage previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 1st of February 2024 Upcoming Quarterly Report | View | |
| 25th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 1st of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
PennyMac Largest EPS Surprises
Earnings surprises can significantly impact PennyMac Mortgage's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2010-05-04 | 2010-03-31 | 0.09 | 0.07 | -0.02 | 22 | ||
2017-02-02 | 2016-12-31 | 0.4 | 0.44 | 0.04 | 10 | ||
2018-05-03 | 2018-03-31 | 0.3 | 0.35 | 0.05 | 16 |
PennyMac Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as PennyMac Mortgage is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading PennyMac Mortgage Investment backward and forwards among themselves. PennyMac Mortgage's institutional investor refers to the entity that pools money to purchase PennyMac Mortgage's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Bank Of New York Mellon Corp | 2023-09-30 | 842 K | Amvescap Plc. | 2023-12-31 | 689 K | Norges Bank | 2023-12-31 | 654.3 K | Mirae Asset Global Investments (korea) Co Ltd | 2023-09-30 | 646.2 K | First Trust Advisors L.p. | 2023-12-31 | 615.6 K | Wolverine Asset Management Llc | 2023-09-30 | 583.1 K | Allianz Asset Management Ag | 2023-12-31 | 558 K | Van Eck Associates Corporation | 2023-09-30 | 453.8 K | Principal Financial Group Inc | 2023-12-31 | 452.2 K | Blackrock Inc | 2023-12-31 | 15.2 M | Vanguard Group Inc | 2023-09-30 | 10 M |
PennyMac Market Capitalization
The company currently falls under 'Mid-Cap' category with a total capitalization of 1.17 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate PennyMac Mortgage's market, we take the total number of its shares issued and multiply it by PennyMac Mortgage's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.PennyMac Profitablity
PennyMac Mortgage's profitability indicators refer to fundamental financial ratios that showcase PennyMac Mortgage's ability to generate income relative to its revenue or operating costs. If, let's say, PennyMac Mortgage is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, PennyMac Mortgage's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of PennyMac Mortgage's profitability requires more research than a typical breakdown of PennyMac Mortgage's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 0.28 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.13 %, which entails that for every 100 dollars of revenue, it generated $0.13 of operating income. | Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.02 | 0.03 | |
| Return On Capital Employed | 0.10 | 0.11 | |
| Return On Assets | 0.02 | 0.03 | |
| Return On Equity | 0.10 | 0.08 |
Management Efficiency
PennyMac Mortgage has Return on Asset of 0.0148 % which means that on every $100 spent on assets, it made $0.0148 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1019 %, implying that it generated $0.1019 on every 100 dollars invested. PennyMac Mortgage's management efficiency ratios could be used to measure how well PennyMac Mortgage manages its routine affairs as well as how well it operates its assets and liabilities. At this time, PennyMac Mortgage's Return On Tangible Assets are comparatively stable compared to the past year. Return On Capital Employed is likely to gain to 0.11 in 2024, whereas Return On Equity is likely to drop 0.08 in 2024. At this time, PennyMac Mortgage's Total Current Liabilities is comparatively stable compared to the past year. Change To Liabilities is likely to gain to about 88.3 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 7.6 B in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 22.40 | 18.06 | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | (22.46) | (21.33) | |
| Enterprise Value Over EBITDA | (458.56) | (435.63) | |
| Price Book Value Ratio | 0.67 | 0.89 | |
| Enterprise Value Multiple | (458.56) | (435.63) | |
| Price Fair Value | 0.67 | 0.89 | |
| Enterprise Value | 259.3 M | 230.5 M |
The analysis of PennyMac Mortgage's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze PennyMac Mortgage's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of PennyMac Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.1181 | Forward Dividend Yield 0.1181 | Forward Dividend Rate 1.6 | Beta 1.432 |
Technical Drivers
As of the 16th of April 2024, PennyMac Mortgage holds the Coefficient Of Variation of (1,526), risk adjusted performance of (0.04), and Variance of 2.44. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of PennyMac Mortgage, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We have collected data for thirteen technical drivers for PennyMac Mortgage, which can be compared to its competitors. Please check PennyMac Mortgage information ratio and kurtosis to decide if PennyMac Mortgage is priced some-what accurately, providing market reflects its current price of 13.36 per share. Given that PennyMac Mortgage has information ratio of (0.11), we recommend you to check out PennyMac Mortgage's recent market performance to make sure the company can sustain itself at a future point.PennyMac Mortgage Price Movement Analysis
null. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. PennyMac Mortgage middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for PennyMac Mortgage. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
PennyMac Mortgage Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific PennyMac Mortgage insiders, such as employees or executives, is commonly permitted as long as it does not rely on PennyMac Mortgage's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases PennyMac Mortgage insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
PennyMac Mortgage Predictive Daily Indicators
PennyMac Mortgage intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of PennyMac Mortgage stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
PennyMac Mortgage Corporate Filings
8K | 20th of March 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 14th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 13th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 5th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 29th of February 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 27th of February 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10K | 22nd of February 2024 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
F4 | 21st of February 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
PennyMac Mortgage Forecast Models
PennyMac Mortgage's time-series forecasting models are one of many PennyMac Mortgage's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary PennyMac Mortgage's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About PennyMac Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how PennyMac Mortgage prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling PennyMac shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as PennyMac Mortgage. By using and applying PennyMac Stock analysis, traders can create a robust methodology for identifying PennyMac entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | 0.17 | 0.16 | |
| Operating Profit Margin | 0.67 | 0.70 | |
| Net Profit Margin | 0.14 | 0.13 | |
| Gross Profit Margin | 0.90 | 0.94 |
Current PennyMac Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. PennyMac analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. PennyMac analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
| Target Price | Advice | # of Analysts | |
| 13.64 | Buy | 9 | Odds |
Most PennyMac analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand PennyMac stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of PennyMac Mortgage, talking to its executives and customers, or listening to PennyMac conference calls.
PennyMac Stock Analysis Indicators
PennyMac Mortgage Investment stock analysis indicators help investors evaluate how PennyMac Mortgage stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading PennyMac Mortgage shares will generate the highest return on investment. By understating and applying PennyMac Mortgage stock analysis, traders can identify PennyMac Mortgage position entry and exit signals to maximize returns.
| Begin Period Cash Flow | 111.9 M | |
| Long Term Debt | 4.8 B | |
| Common Stock Shares Outstanding | 111.7 M | |
| Total Stockholder Equity | 2 B | |
| Tax Provision | 47.2 M | |
| Quarterly Earnings Growth Y O Y | 50.468 | |
| Cash And Short Term Investments | 409.4 M | |
| Cash | 281.1 M | |
| Accounts Payable | 387.7 M | |
| Net Debt | 10.2 B | |
| 50 Day M A | 14.096 | |
| Total Current Liabilities | 3.7 B | |
| Other Operating Expenses | 481.5 M | |
| Non Current Assets Total | 10.6 B | |
| Forward Price Earnings | 11.1359 | |
| Non Currrent Assets Other | -10.1 B | |
| Stock Based Compensation | 5.2 M |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PennyMac Mortgage Investment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for PennyMac Stock analysis
When running PennyMac Mortgage's price analysis, check to measure PennyMac Mortgage's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PennyMac Mortgage is operating at the current time. Most of PennyMac Mortgage's value examination focuses on studying past and present price action to predict the probability of PennyMac Mortgage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PennyMac Mortgage's price. Additionally, you may evaluate how the addition of PennyMac Mortgage to your portfolios can decrease your overall portfolio volatility.
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Is PennyMac Mortgage's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PennyMac Mortgage. If investors know PennyMac will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PennyMac Mortgage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 50.468 | Dividend Share 1.6 | Earnings Share 1.63 | Revenue Per Share 8.308 | Quarterly Revenue Growth 2.037 |
The market value of PennyMac Mortgage is measured differently than its book value, which is the value of PennyMac that is recorded on the company's balance sheet. Investors also form their own opinion of PennyMac Mortgage's value that differs from its market value or its book value, called intrinsic value, which is PennyMac Mortgage's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PennyMac Mortgage's market value can be influenced by many factors that don't directly affect PennyMac Mortgage's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PennyMac Mortgage's value and its price as these two are different measures arrived at by different means. Investors typically determine if PennyMac Mortgage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PennyMac Mortgage's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.