How to Buy Pennymac Mortgage Investment Trust Stock
Pennymac Mortgage Investment Trust
Pennymac Mortgage Investment Trust is a mortgage REIT company located in California, United States, which is part of the Real Estate sector, and is traded under the ticker PMT on the NYSE exchange.
Pennymac Mortgage Investment Trust stock last closed at $14.33, up 3.47% from the previous day, and has increased 16.41% in one year. It has overperformed other stocks in the REIT - Mortgage industry by 0.18 percentage points. Pennymac Mortgage Investment Trust stock is currently +36.22% from its 52-week low of $10.52, and -9.82% from its 52-week high of $15.89.
There are currently 86.65M PMT shares outstanding. The market cap of PMT is $1.24B. In the past 24 hours, 1.08M PMT shares were traded.
How to Buy Pennymac Mortgage Investment Trust Stock
Not sure how to invest in Pennymac Mortgage Investment Trust stock? Here's how.
- Choose where to buy Pennymac Mortgage Investment Trust stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you figure out where to buy Pennymac Mortgage Investment Trust stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Choose your method of payment and add your info.
- Analyze Pennymac Mortgage Investment Trust stock: The Pennymac Mortgage Investment Trust ticker symbol is PMT. Is Pennymac Mortgage Investment Trust stock a good investment? Should you buy shares of PMT? How do PMT's underlying business fundamentals look? Do top analysts think Pennymac Mortgage Investment Trust is a good buy? Why has PMT's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if PMT is a good stock to buy).
- Place your PMT purchase: Decide if you will purchase PMT shares at the current market price or use a limit order to buy PMT shares at a particular price.
- Track your PMT investment: Create a watchlist to keep tabs on your new investment in Pennymac Mortgage Investment Trust stock.
Step 1: Choose where to buy Pennymac Mortgage Investment Trust stock
You will need a brokerage account to access the NYSE market and buy PMT shares.
Our preferred brokerage: eToro
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Get $10 towards your purchase of shares by signing up for an account with eToro today.
Open eToro AccountStep 2: Create a brokerage account
Now that you've picked your brokerage, you'll need to fill out some personal information so you are able to invest in PMT today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to open a new brokerage account.
- Send your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have filled out your info on our top ranked stock app, you need to deposit funds:
Watch this video walkthrough for more details transferring money into your new investment account.
Step 4: Analyze Pennymac Mortgage Investment Trust stock
After you have chosen the best place to buy Pennymac Mortgage Investment Trust stock, it's very important to research their stock prior to investing, so you can wrap your head around the risk and opportunity.
Pennymac Mortgage Investment Trust Numbers
Fundamentals of PMT
WallStreetZen was built to help average investors do better fundamental analysis.
You can view all of the due diligence checks on PMT's stock page.
What is the fair value of PMT stock?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge PMT's true value.
Using relative valuations measures:
- PMT may be undervalued based on its P/E ratio of 7.96x, relative to REIT - Mortgage industry P/E ratio of 59.89x
- PMT may be undervalued based on its P/B ratio of 0.63x, relative to REIT - Mortgage industry P/B ratio of 0.72x
You can access more valuation analysis on PMT's stock here.
PMT Financials at a glance
Passed Financial Due Diligence Checks:
- PMT profit margin has gone up from -37.9% to 36.8% in the past year.
- PMT earnings of $244.40M is not sufficient to cover its interest payments.
Failed Financial Due Diligence Checks:
- Total PMT debt is higher than 5 years ago, relative to shareholder equity.
- PMT has a relatively high debt to equity ratio of 5.7.
- PMT's operating cash flow of $1.34B allows it to safely service it's debt of $10.47B.
Do analysts think it's a good time to buy Pennymac Mortgage Investment Trust stock
Out of 5 Equities analysts who track PMT, the consensus analyst rating on Pennymac Mortgage Investment Trust is a Buy
Please note that analyst forecasts are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Pennymac Mortgage Investment Trust stock forecast page.
PMT Technical Indicators
How are PMT Revenues/Earnings doing?
Last year, PMT earnings were $157.84M. In the past 5 year, PMT's earnings have grown by -2.94% per year. This was faster than the REIT - Mortgage industry average of -16.35%.
Last year, PMT revenue was $429.02M. Over the last 5 year, PMT's revenue has increased by 4.09% per year. This was faster than the REIT - Mortgage industry average of 1.55%.
Find out more about PMT's earnings and revenue performance here.
Who is buying/selling PMT?
In the last 12 months, executives and large shareholders at PMT have sold more shares than they have bought.
Catherine A. Lynch, Director of PMT, was the latest PMT insider to buy. They bought $4,614.08 worth of PMT shares on Apr 26, 2024.
Get more info about who owns PMT stock here.
Does PMT provide a stable income stream?
Pennymac Mortgage Investment Trust pays a dividend of 11.17%, compared to the REIT - Mortgage industry's average dividend yield of 13.65%. If you owned $1,000 of PMT stock, you would have received $111.65 in the past 12 months.
Pennymac Mortgage Investment Trust dividend payments have not consistently grown over the past decade and have not remained stable.
Find more data about Pennymac Mortgage Investment Trust dividend yield and history here.
Get analysis from other traders
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Place your PMT purchase
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually the easiest way to buy. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a given price, place a limit order.
Press the Open button and eToro will place your order.
If you require more help with investing in stocks on eToro, click the how to video below:
Step 6: Track your PMT investment
Now that you own some PMT stock, you'll want to keep up with your company.
Add PMT to a watchlist to get notified of the latest news about your PMT stock.
PMT Feed
How to Buy Stock in Pennymac Mortgage Investment Trust
To summarize, here are the 6 steps to buy stock in Pennymac Mortgage Investment Trust:
- Choose where to buy Pennymac Mortgage Investment Trust stock
- Create a brokerage account
- Deposit money your investment account
- Analyze Pennymac Mortgage Investment Trust stock
- Place your PMT purchase
- Track your PMT investment
If you are looking for a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep track of your new investment in Pennymac Mortgage Investment Trust, hit the button below to create your watchlist.
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