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PennyMac Mortgage Investment Trust

PMT

PennyMac Mortgage Investment Trust is a specialty finance company that operates as a real estate investment trust (REIT) focused on investing in mortgage-related assets.

Market cap
$835.4M-20.2%
Revenue$345.1M+13.4%
Net income$142.8M+16.1%
EPS (diluted)$1.16+23.4%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 29, 2026 (Tomorrow)
Revenue estimate$93.9M
EPS estimate$0.30

Financials

Q1 2026

Income statement

See full
Revenue$82.1M+84.7%
Net income$24.6M+154%
EPS (diluted)$0.16+1,700%

Balance sheet

See full
Cash & equivalents$214.0M-13.7%
Total equity$1.9B-1.9%
Total assets$22.5B+51.3%

Cash flow

See full
Operating cash flow-$2.5B-326%

Valuation & ratios

Valuation

See full
Market cap$835.4M-20.2%
P/E5.9×-4.7×
P/S2.4×-1.2×

Profitability

See full
Net margin41.4%+1.0pp

Returns & leverage

See full
Return on equity7.6%+1.2pp

Segments

By segment

See full
Aggregation And Securitization$33.3M
Interest Rate Sensitive Strategies$31.5M+59.8%
Credit Sensitive Strategies$16.6M+1,227%

Competitors

Profile

PennyMac Mortgage Investment Trust is a specialty finance company that operates as a real estate investment trust (REIT) focused on investing in mortgage-related assets. The company primarily generates value by creating and managing a portfolio of mortgage servicing rights, credit risk transfer arrangements, and mortgage-backed securities through its correspondent production activities. It serves as an intermediary between mortgage lenders and the capital markets, leveraging an external management structure to navigate the U.S. mortgage market.

Competitive position

A leading specialty finance REIT that benefits from a unique relationship with PennyMac Financial Services, Inc. for loan production and servicing expertise.

GeographiesUnited States
Customer segmentsFinancial Institutions, Government-Sponsored Enterprises
Business modelAsset Management, Intermediary, REIT
SuppliersIndependent mortgage originators, Capital market lenders, Warehouse financing providers
CustomersFannie Mae, Freddie Mac, Institutional mortgage-backed security investors, Commercial banks
Listed2009
Employees1.0
CEODavid A. Spector
FilingsSEC EDGAR

Questions, answered.

What is PennyMac Mortgage Investment Trust's market cap?
PennyMac Mortgage Investment Trust (PMT) has a market capitalization of $835.4M and trades on NYSE.
What is PennyMac Mortgage Investment Trust's revenue and profitability?
PennyMac Mortgage Investment Trust generated $345.1M in trailing twelve-month revenue with net income of $142.8M, representing a net margin of 41.4%. These figures are based on the Q1 2026 filing.
Who are PennyMac Mortgage Investment Trust's competitors?
PennyMac Mortgage Investment Trust's key competitors include Two Harbors Investment Corp., Ellington Financial, Inc., Invesco Mortgage Capital Inc., and others. These companies compete in similar markets and product categories.
Who does PennyMac Mortgage Investment Trust partner with?
PennyMac Mortgage Investment Trust's notable partners include PennyMac Financial Services, Inc., Fannie Mae, Freddie Mac.
What subsidiaries does PennyMac Mortgage Investment Trust have?
PennyMac Mortgage Investment Trust's subsidiaries include PennyMac Operating Partnership, L.P., PennyMac Corp..
Where is PennyMac Mortgage Investment Trust headquartered?
PennyMac Mortgage Investment Trust is headquartered in United States of America and employs approximately 1 people. It has been publicly traded since 2009.