Company Quick10K Filing
Pennymac Mortgage Investment Trust
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 82 $1,798
10-K 2020-02-21 Annual: 2019-12-31
10-Q 2019-11-01 Quarter: 2019-09-30
10-Q 2019-08-05 Quarter: 2019-06-30
10-Q 2019-05-03 Quarter: 2019-03-31
10-K 2019-02-26 Annual: 2018-12-31
10-Q 2018-11-07 Quarter: 2018-09-30
10-Q 2018-08-07 Quarter: 2018-06-30
10-Q 2018-05-07 Quarter: 2018-03-31
10-K 2018-03-01 Annual: 2017-12-31
10-Q 2017-11-08 Quarter: 2017-09-30
10-Q 2017-08-08 Quarter: 2017-06-30
10-Q 2017-05-09 Quarter: 2017-03-31
10-K 2017-02-28 Annual: 2016-12-31
10-Q 2016-11-04 Quarter: 2016-09-30
10-Q 2016-08-05 Quarter: 2016-06-30
10-Q 2016-05-06 Quarter: 2016-03-31
10-K 2016-02-29 Annual: 2015-12-31
10-Q 2015-11-06 Quarter: 2015-09-30
10-Q 2015-08-10 Quarter: 2015-06-30
10-Q 2015-05-08 Quarter: 2015-03-31
10-K 2015-03-02 Annual: 2014-12-31
10-Q 2014-11-07 Quarter: 2014-09-30
10-Q 2014-08-11 Quarter: 2014-06-30
10-Q 2014-05-09 Quarter: 2014-03-31
10-K 2014-02-28 Annual: 2013-12-31
10-Q 2013-11-12 Quarter: 2013-09-30
10-Q 2013-08-09 Quarter: 2013-06-30
10-Q 2013-05-10 Quarter: 2013-03-31
10-K 2013-02-28 Annual: 2012-12-31
10-Q 2012-11-09 Quarter: 2012-09-30
10-Q 2012-08-03 Quarter: 2012-06-30
10-Q 2012-05-04 Quarter: 2012-03-31
10-K 2012-03-09 Annual: 2011-12-31
10-Q 2011-11-04 Quarter: 2011-09-30
10-Q 2011-08-05 Quarter: 2011-06-30
10-Q 2011-05-06 Quarter: 2011-03-31
10-K 2011-03-07 Annual: 2010-12-31
10-Q 2010-11-08 Quarter: 2010-09-30
10-Q 2010-08-06 Quarter: 2010-06-30
10-Q 2010-05-07 Quarter: 2010-03-31
10-K 2010-03-11 Annual: 2009-12-31
8-K 2020-03-17 Regulation FD
8-K 2020-03-16 Regulation FD, Exhibits
8-K 2020-02-06 Earnings, Other Events, Exhibits
8-K 2019-12-10 Other Events, Exhibits
8-K 2019-11-04 Other Events, Exhibits
8-K 2019-11-04 Enter Agreement, Off-BS Arrangement, Sale of Shares, Other Events, Exhibits
8-K 2019-10-31 Earnings, Exhibits
8-K 2019-09-09 Regulation FD, Exhibits
8-K 2019-08-08 Other Events, Exhibits
8-K 2019-08-01 Earnings, Exhibits
8-K 2019-07-23 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2019-06-05 Shareholder Vote
8-K 2019-05-06 Other Events, Exhibits
8-K 2019-05-02 Earnings, Exhibits
8-K 2019-03-14 Other Events, Exhibits
8-K 2019-03-04 Regulation FD, Other Events, Exhibits
8-K 2019-02-11 Other Events, Exhibits
8-K 2019-02-07 Earnings, Exhibits
8-K 2018-12-31 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-11-09 Enter Agreement, Off-BS Arrangement
8-K 2018-11-01 Earnings, Exhibits
8-K 2018-09-28 Enter Agreement, Off-BS Arrangement
8-K 2018-09-12 Regulation FD, Exhibits
8-K 2018-08-03 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-07-30 Enter Agreement, Earnings, Off-BS Arrangement, Exhibits
8-K 2018-06-29 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-06-08 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-06-05 Shareholder Vote
8-K 2018-05-14 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-05-03 Earnings, Exhibits
8-K 2018-04-25 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-04-17 Enter Agreement, Regulation FD, Exhibits
8-K 2018-03-12 Enter Agreement, Off-BS Arrangement, Amend Bylaw, Other Events, Exhibits
8-K 2018-02-08 Earnings, Exhibits
8-K 2018-02-01 Enter Agreement, Off-BS Arrangement, Exhibits

Pennymac Mortgage Investment Trust Financials

PMT Metrics, Comps, Filings

Annual | Quarterly

Business

We are a specialty finance company that invests primarily in residential mortgage loans and mortgage-related assets. We were organized in Maryland and began operations in 2009. We conduct substantially all of our operations, and make substantially all of our investments, through PennyMac Operating Partnership, L.P. (our "Operating Partnership") and its subsidiaries. A wholly-owned subsidiary of ours is the sole general partner, and we are the sole limited partner, of our Operating Partnership. Certain of the activities conducted or investments made by us that are described below are conducted or made through a wholly-owned subsidiary that is a taxable REIT subsidiary ("TRS") of our Operating Partnership.

The management of our business and execution of our operations is performed on our behalf by subsidiaries of PennyMac Financial Services, Inc. ("PFSI" or "PennyMac"). PFSI is a specialty financial services firm focused on the production and servicing of U.S. mortgage loans and the management of investments related to the U.S. mortgage market. Specifically:

• We are managed by PNMAC Capital Management, LLC ("PCM" or our "Manager"), a wholly-owned subsidiary of PennyMac and an investment adviser registered with the United States Securities and Exchange Commission ("SEC") that specializes in, and focuses on, U.S. mortgage assets.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Redwood Trust (RWT) 2,277 8.7 1% 15,476 13,691 0 0 119 545 4,725
Invesco Mortgage Capital (IVR) 2,246 39.4 0% 24,061 21,150 0 0 85 552 21,762
DiamondRock Hospitality (DRH) 2,116 0% 15.2 2% 3,315 1,505 924 0 74 206 3,133
Alexanders (ALX) 1,749 0% 17.8 4% 1,283 1,021 228 0 56 80 1,435
Four Corners Property Trust (FCPT) 1,923 0% 19.1 4% 1,348 669 157 0 54 99 1,893
Colony Credit Real Estate (CLNC) 1,877 0% -16.0 -6% 7,444 5,235 438 0 -448 -302 4,835
Senior Housing Properties Trust (SNH) 2,212 0% 6.1 -0% 6,917 3,949 1,069 0 -4 353 2,149
Uniti Group (UNIT) 1,499 0% 10.2 1% 5,031 6,468 1,060 0 37 642 6,531
LTC Properties (LTC) 2,025 0% 22.4 5% 1,512 718 173 0 68 121 2,702
Pennymac Mortgage Investment Trust (PMT) 2,064 0% 4.7 2% 10,745 8,525 191 0 221 463 2,200
Hannon Armstrong Sustainable Infrastructure Capital (HASI) 1,951 0% 25.4 2% 2,279 1,397 142 0 45 94 2,387
Chesapeake Lodging Trust (CHSP) 1,757 0% 13.7 5% 1,947 918 592 0 93 177 2,426
Ladder Capital (LADR) 1,837 5.6 2% 6,620 4,981 0 0 118 308 1,715
Alexander & Baldwin (ALEX) 1,774 0% -21.3 -8% 2,122 985 627 0 -178 -117 2,499
National Storage Affiliates Trust (NSA) 1,970 54% 10.6 2% 3,111 1,654 377 205 62 182 1,920
Essential Properties Realty Trust (EPRT) 1,851 0% 25.3 2% 1,805 704 129 0 42 92 2,334
Global Net Lease (GNL) 1,735 68% 7.9 1% 3,609 1,983 301 205 34 180 1,425
Tanger Factory Outlet Centers (SKT) 1,547 0% 11.9 5% 2,324 1,826 485 0 126 265 3,149
Tier REIT (TIER) 1,544 47% 31.4 -2% 1,544 762 106 50 -28 70 2,193
Brookfield Property REIT (BPR) 1,315 0% 1.7 -1% 19,171 15,457 1,526 0 -222 623 1,077

Balance Sheet ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash15340000780
Accounts Receivable
Inventory
PP&E
Assets1,3862,5601,5291,6391,5621,4115,6057,813
Accounts Payable
Long-Term Debt250250245247
Liabilities8401,3582,8445059544,0606,247
Stockholders' Equity5461,2011,4811,5891,5031,3571,5451,566
Income Statement ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue149175173231318351
Cost of Revenue
Gross Profit
R&D
SG&A
Tax8490-71175
Net Income1381991989276118153
Cash Flow ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating-275-820146174171-622223-574
Cash Investing-278-111-247-89-22682-1,424
Cash Financing522951102-85-169-232-8621,980