Value Investing Philosophy And Pennymac Mortgage Investment Trust (NYSE: PMT)?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

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Stocks Info

PMT belongs to the Real Estate sector of the NYSE while operating in the REIT – Mortgage industry. The current market capitalization of Pennymac Mortgage Investment Trust is $1.14B. A total of 1.37 million shares were traded on the day, compared to an average of 903.47K shares.

In the most recent transaction, Lynch Catherine A. bought 1,172 shares of PMT for 13.64 per share on Jul 29 ’24. After the transaction, the Director now owns 35,844 company shares. In a previous transaction on Jul 26 ’24, Lynch Catherine A. bought 757 shares at 13.76 per share. PMT shares that Director owns now total 34,672.

Among the insiders who bought shares, Lynch Catherine A. acquired of 715 shares on Apr 26 ’24 at a per-share price of $14.19. This resulted in the Director holding 33,915 shares of PMT after the transaction. In another insider transaction, Jones Doug sold 7,810 shares at $14.34 per share on Mar 11 ’24. Company shares held by the Director, President & CMBO now total 53,311.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Pennymac Mortgage Investment Trust pays an annual dividend of $1.60, resulting in a dividend yield of 12.16%, and it has a price to earnings (P/E) ratio of 8.69. PMT’s most recent ex-dividend date was 7/12/2024 when it declared a $0.40 quarterly dividend that was paid in cash on 7/26/2024. Previously, the company paid the dividend on 4/26/2024 with an ex-dividend date of 4/11/2024. The PMT stock dividend was $0.40 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, PMT has a high of $15.89 and a low of $10.52.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. Its Book Value Per Share was $16.10, while its Total Shareholder’s Equity was $2.37B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PMT is Buy with a score of 3.50.

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