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 $13.20, down 2.15% from the previous day, and has decreased 2.15% in one year. It has underperformed other stocks in the REIT - Mortgage industry by 0.06 percentage points. Pennymac Mortgage Investment Trust stock is currently +3.04% from its 52-week low of $12.81, and -16.93% from its 52-week high of $15.89.
As of Nov 12, 2024, there are 86.86M shares of PMT outstanding. The market capitalization of PMT is $1.15B. In the last 24 hours, 845,844 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 decide on a stock brokerage, but don't worry - we've researched 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 found.
Deposit money your investment account: Select your payment method 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 research website can help you evaluate 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 purchase PMT shares at a particular price.
Track your PMT investment: Create a watchlist to important updates regarding your new investment in Pennymac Mortgage Investment Trust stock.
Step 1: Choose where to buy Pennymac Mortgage Investment Trust stock
You need an online brokerage account to access the NYSE market and buy PMT stock.
A brokerage account allows you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.
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Step 2: Create a brokerage account
Now that you've chosen the best brokerage, it's time to fill out some personal info so you can invest in PMT stock today.
After you have selected the best place to buy Pennymac Mortgage Investment Trust stock, it's crucial to analyze their stock before you invest, so you truly understand the risk as well as the upside.
Pennymac Mortgage Investment Trust quick stats
PMT Price
$13.20
1w %
-1.27%
1y %
-2.15%
5y %
-41.7%
P/E
9.1x
P/B
0.59x
P/S
3.69x
PEG
4.04x
Revenue
$311.04M
Earnings
$125.54M
Fore. Rev. Growth
12.66%
Fore. Earn. Growth
2.51%
Market Cap
$1.15B
Next Earnings
N/A
Next Dividend
N/A
PMT Fundamentals
WallStreetZen was created to help part-time investors perform more in-depth fundamental analysis in less time.
You can view all of the due diligence checks on PMT's stock page.
Is PMT stock undervalued?
You can use many financial metrics, analyses, models, and charts to gauge PMT's intrinsic value.
Using relative valuations measures:
PMT may be undervalued based on its P/E ratio of 9.1x, relative to REIT - Mortgage industry P/E ratio of -45.65x
PMT may be undervalued based on its P/B ratio of 0.59x, relative to REIT - Mortgage industry P/B ratio of 0.76x
PMT may be overvalued based on its PEG ratio of 4.04x
Last year, PMT earnings were $125.54M. In the past 5 year, PMT's earnings have grown by -10.89% per year. This was faster than the REIT - Mortgage industry average of -13.59%.
Last year, PMT revenue was $311.04M. Over the past 5 year, PMT's revenue has gone up by -5.73% per year. This was faster than the REIT - Mortgage industry average of -19.84%.
Pennymac Mortgage Investment Trust pays a dividend of 12.12%, compared to the REIT - Mortgage industry's average dividend yield of 11.22%. If you owned $1,000 worth of PMT stock, you would have been paid $121.21 last year.
Pennymac Mortgage Investment Trust dividend payments have not consistently grown over the past decade and have not remained stable.
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Step 5: Place your PMT purchase
You have two primary types of orders:
Market order: A market order is an order to buy or sell a security at the best available price. Market orders are mostly the best for newer investors.
Limit order: A limit order lets you buy or sell a security at a specific price (or better). If you want to be sure you're buying or selling at a particular dollar amount, place a limit order.
Click the Open button and eToro will place the order.
If you want more assistance buying stocks on eToro, watch the helpful video below:
How much does it cost to buy one Pennymac Mortgage Investment Trust share?
As of Nov 12, 2024, it costs $13.20 to buy one share of Pennymac Mortgage Investment Trust stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $6, you can buy 0.455 shares of PMT.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Is now a good time to buy Pennymac Mortgage Investment Trust stock?
According to 5 Wall Street analysts who monitor Pennymac Mortgage Investment Trust, their consensus recommendation is to buy Pennymac Mortgage Investment Trust stock.
What is the best way to buy Pennymac Mortgage Investment Trust stock?
One way to place an order for Pennymac Mortgage Investment Trust stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.