PennyMac Mortgage Investment Trust Aktie (A0Q4ZU) - Kurs Berne S.E. - MarketScreener (2024)

FAQs

Is PennyMac a good stock? ›

PennyMac Financial has a consensus rating of Strong Buy which is based on 6 buy ratings, 0 hold ratings and 0 sell ratings. The average price target for PennyMac Financial is $108.17. This is based on 6 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

PennyMac Mortgage Investment Trust is a real estate investment trust that invests primarily in residential mortgage loans and mortgage-related assets. PMT is externally managed by PennyMac Financial Services, Inc.

David Spector is currently the Chairman and Chief Executive Officer of Pennymac.

PMT is headquartered in Westlake Village, California, the US.

PennyMac Financial Services has paid $158.4 million to Black Knight Servicing Technologies, concluding a five-year legal battle over allegations of trade secret theft involving two of the biggest companies in the housing industry. An arbitrator issued the final award on Jan.

Risks of investing in mortgage REITs

Prepayment risk: Mortgage borrowers can refinance their loans or sell the underlying real estate. When that happens, it forces the mREIT to reinvest the repaid loan proceeds in the current interest rate market, which might be lower than the rate on the existing mortgage.

Pennymac excels in government-backed mortgages, including FHA loans, and makes it easy to shop for customized mortgage rates online. But average origination fees are higher than most lenders', and it does not offer home equity lines of credit.

Pennymac is rated 4.1 stars out of 5 overall by U.S. News, with 4.1 stars for affordability, 4.3 stars for customer service and 4.5 stars for eligibility. The median overall rating for all mortgage lenders rated by U.S. News is 4.2.

PennyMac Financial Services, Inc. (NYSE: PFSI) is a specialty financial services firm with a comprehensive mortgage platform and integrated business focused on the production and servicing of U.S. mortgage loans and the management of investments related to the U.S. mortgage market.

Who is the CFO of PennyMac Mortgage Investment Trust? ›

Daniel S.

Perotti has been our Senior Managing Director and Chief Financial Officer since January 1, 2021.

In our Investment Management business, we manage PennyMac Mortgage Investment Trust (NYSE: PMT), a publicly-traded mortgage REIT. PMT is a tax-efficient vehicle for investing in mortgage-related assets and a capital partner that helps reduce our balance sheet requirements compared to a typical mortgage company.

Starwood Property Trust (STWD, $25.44) has a $21 billion loan portfolio, making it the largest mortgage REIT in the U.S. The company is affiliated with Starwood Capital Group, one of the world's biggest private investment firms.

PennyMac Mortgage Investment Trust has elected to be taxed as a real estate investment trust (REIT) for U.S. federal income tax purposes.

Eligible loan products are Conventional Fixed, Conventional ARM, FHA Fixed and VA Fixed. Program excludes Jumbo, refinance, third-party and in-process loans. Program subject to termination in Pennymac's sole discretion and without notice.

They may look cheap compared to popular stocks such as Amazon or Apple, but often they're much more expensive, despite their lower price tag. Penny stocks are among the market's most dangerous stocks, so you may pay a much greater price than you first expect, including potentially losing all of your investment.

PennyMac Mortgage has a consensus rating of Hold which is based on 0 buy ratings, 4 hold ratings and 0 sell ratings. The average price target for PennyMac Mortgage is $14.63. This is based on 4 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

Pennymac receives a score of 592 out of 1,000 in J.D. Power's 2023 U.S. Mortgage Servicer Satisfaction Study. The industry average for servicing is 601. (A mortgage servicer handles loan payments.) Pennymac receives a customer rating of 4.37 out of 5 on Zillow, as of the date of publication.