Don’t Miss Out on this Buy-In Window for PennyMac Mortgage Investment Trust

PennyMac Mortgage Investment Trust kicked off the trading day on 08/09/19 with a price decrease of -2.22%, equivalent to -$0.5 relative change for the day. Taking a more long-term approach, PMT had a 52-week range of $17.88 to $22.62. At the time of this article’s publishing, this stock is trading at $21.98 after starting the trading session at $21.57. Moving on, the stock has demonstrated a 52-week change amounting to 16.26, alongside an S&P500 52-Week Change of 9.02. At the time of writing, this stock’s 50-day Moving Average stands at $21.84, while the 200-day Moving Average of this stock is currently $20.74.

Currently, this company’s share volume is sitting at $10,025,897, but has maintained average daily volume of $824.96K. This stock has generated an average Year to Date volume of $814047, alongside an average 20-day volume of $1.21 million. This publicly-traded company’s shares outstanding now amounts to $75.93 million, simultaneously with a float of $74.76 million. The organization now has a market capitalization sitting at $1.67 billion.

PennyMac Mortgage Investment Trust(PMT) Ownership Data

Now let’s turn our focus to how large-scale investors are behaving with this stock. PennyMac Mortgage Investment Trust’s current insider ownership accounts for 2.10%, in contrast to 67.60% institutional ownership. According to the most recent latest insider trade that took place on Mar 20 this organization’s President and CEO sold 35,000 at the rate of 20.61, making the entire transaction hit 721,459 in total value, affecting insider ownership by 148,802. Preceding that transaction, on Mar 15 Company’s Chief Risk Officer exercised an option 7,495 at a price of 0.00, making the whole transaction’s value amount to 0. This particular insider is now the holder of 77,953 in total.

If we take a glance at the Ownership summary of PennyMac Mortgage Investment Trust’s stock, 226 Institutional holders make up 65.33% of its total stock ownership. All together, they are the legal holders of 51,352,233 shares, which are valued at about $1,128,722,081 in total. If we focus on the top 3 stockholders for this publicly-traded organization, BLACKROCK INC. owns 11.06 million shares, with VANGUARD GROUP INC in 2nd place owning 6.55 million shares and GOLDMAN SACHS GROUP INC in third place with total ownership of 2.28 million shares.

PennyMac Mortgage Investment Trust (PMT) Earnings and Revenue Data

In the latest quarterly report that this company released, which was put into the public domain on Jun-19, the organization reported $0.50 earnings per share (EPS) for the three-month period, surpassing the consensus estimate (set at $0.47) by $0.03.

The corporation racked up revenue of $106.62million for the previous financial quarter, compared to the mean analyst estimate of $92.04 million. This company achieved a net margin of 78.97 while generating a return on equity of 9.60. PennyMac Mortgage Investment Trust’s full-quarter revenue increased by 16.16%, when compared against the year-ago quarter. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.51 per share during the current fiscal year.

PennyMac Mortgage Investment Trust’s EPS increase for this current 12-month fiscal period is 52.30%, and is forecasted to reach -3.51% in the upcoming year. Looking at the long run, market analysts have predicted that Company’s EPS will increase by 13.31% through the next 5 years, which can be compared against the -7.00% growth it accomplished over the previous five years trading on the market.

Additional Trading Performance Indicators

The company has managed to achieve an average true range (ATR) of 0.37. Alongside those, its PE Ratio stands at $9.49, and its Beta score is 0.59.

Another valuable indicator worth considering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.89 for this organization. Plus, this company’s price to book ratio for the last three-month fiscal period reported is 1.00, whereas its price to cash per share for the last quarter landed at 0.90.

In the same vein, PMT’s Diluted EPS (Earnings per Share) trailing twelve month was posted at 2.32, a figure that is expected to reach 0.48 in the next reported quarter, and analysts expect it will be -3.51% at the market close of one year from today’s date.