PennyMac Mortgage Investment Trust (NYSE:PMT – Get Free Report) is set to announce its earnings results after the market closes on Tuesday, July 23rd. Analysts expect the company to announce earnings of $0.34 per share for the quarter.
PennyMac Mortgage Investment Trust Price Performance
Shares of NYSE PMT opened at $14.72 on Wednesday. The stock has a market capitalization of $1.28 billion, a PE ratio of 9.81 and a beta of 1.51. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.34 and a quick ratio of 0.34. The business has a fifty day moving average price of $14.00 and a two-hundred day moving average price of $14.15. PennyMac Mortgage Investment Trust has a fifty-two week low of $10.52 and a fifty-two week high of $15.89.
PennyMac Mortgage Investment Trust Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, July 26th. Stockholders of record on Friday, July 12th will be issued a dividend of $0.40 per share. The ex-dividend date is Friday, July 12th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 10.87%. PennyMac Mortgage Investment Trust’s dividend payout ratio (DPR) is currently 106.67%.
Wall Street Analyst Weigh In
View Our Latest Research Report on PennyMac Mortgage Investment Trust
PennyMac Mortgage Investment Trust Company Profile
PennyMac Mortgage Investment Trust, through its subsidiary, primarily invests in mortgage-related assets in the United States. The company operates through: Credit Sensitive Strategies, Interest Rate Sensitive Strategies, Correspondent Production segments. Its Credit Sensitive Strategies segment invests in credit risk transfer (CRT) agreements, CRT securities, subordinate mortgage-backed securities (MBS), distressed loans, and real estate.
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