PennyMac Mortgage Investment Trust, operating under the symbol PMT-PA, functions as a specialized financial company primarily dedicated to acquiring and managing a diverse portfolio of mortgage-related assets across the United States. Its operational framework is segmented into several key investment strategies: The Credit Sensitive Strategies division concentrates on opportunities within credit risk transfer (CRT) agreements and securities, along with investments in distressed loans, real estate holdings, and specific non-agency subordinated bonds. Conversely, the Interest Rate Sensitive Strategies segment deals with mortgage servicing rights (MSRs), excess servicing spreads, and both agency and senior non-agency mortgage-backed securities (MBS), additionally engaging in activities designed to hedge against interest rate fluctuations. A third unit, Correspondent Production, is focused on the procurement, aggregation, and subsequent resale of newly originated prime credit residential loans, which can be sold either directly or as part of MBS bundles. PNMAC Capital Management, LLC oversees the management of PennyMac Mortgage Investment Trust. For federal income tax purposes, the company qualifies as a Real Estate Investment Trust (REIT), typically allowing it to avoid federal corporate income taxes provided it distributes at least 90% of its taxable earnings to its shareholders. Established in 2009, PennyMac Mortgage Investment Trust maintains its headquarters in Westlake Village, California.

NYSEReal EstateREIT - Mortgage
Latest quote
$20.39
−$0.1435 · -0.70%
Previous close
$20.39
−$0.1435 · -0.70%
Regular session · ET · Market data may be delayed.
PennyMac Mortgage Investment Trust, operating under the symbol PMT-PA, functions as a specialized financial company primarily dedicated to acquiring and managing a diverse portfolio of mortgage-related assets across the United States. Its operational framework is segmented into several key investment strategies: The Credit Sensitive Strategies division concentrates on opportunities within credit risk transfer (CRT) agreements and securities, along with investments in distressed loans, real estate holdings, and specific non-agency subordinated bonds. Conversely, the Interest Rate Sensitive Strategies segment deals with mortgage servicing rights (MSRs), excess servicing spreads, and both agency and senior non-agency mortgage-backed securities (MBS), additionally engaging in activities designed to hedge against interest rate fluctuations. A third unit, Correspondent Production, is focused on the procurement, aggregation, and subsequent resale of newly originated prime credit residential loans, which can be sold either directly or as part of MBS bundles. PNMAC Capital Management, LLC oversees the management of PennyMac Mortgage Investment Trust. For federal income tax purposes, the company qualifies as a Real Estate Investment Trust (REIT), typically allowing it to avoid federal corporate income taxes provided it distributes at least 90% of its taxable earnings to its shareholders. Established in 2009, PennyMac Mortgage Investment Trust maintains its headquarters in Westlake Village, California.
Day range
Current $20.39
52-week range
Current $20.39
Regular session · ET · Market data may be delayed.
GoAI Score
Hold
Valuation
67
Undervalued
Sentiment
50
Mixed
Risk
28
Moderate Risk
Momentum
38
Weakening
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Thesis, catalysts, evidence, and risk analysis.
PennyMac Mortgage Investment Trust, operating under the symbol PMT-PA, functions as a specialized financial company primarily dedicated to acquiring and managing a diverse portfolio of mortgage-related assets across the United States. Its operational framework is segmented into several key investment strategies: The Credit Sensitive Strategies division concentrates on opportunities within credit risk transfer (CRT) agreements and securities, along with investments in distressed loans, real estate holdings, and specific non-agency subordinated bonds. Conversely, the Interest Rate Sensitive Strategies segment deals with mortgage servicing rights (MSRs), excess servicing spreads, and both agency and senior non-agency mortgage-backed securities (MBS), additionally engaging in activities designed to hedge against interest rate fluctuations. A third unit, Correspondent Production, is focused on the procurement, aggregation, and subsequent resale of newly originated prime credit residential loans, which can be sold either directly or as part of MBS bundles. PNMAC Capital Management, LLC oversees the management of PennyMac Mortgage Investment Trust. For federal income tax purposes, the company qualifies as a Real Estate Investment Trust (REIT), typically allowing it to avoid federal corporate income taxes provided it distributes at least 90% of its taxable earnings to its shareholders. Established in 2009, PennyMac Mortgage Investment Trust maintains its headquarters in Westlake Village, California.
Day range
Current $20.39
52-week range
Current $20.39
Profitability as a percentage of reported revenue.
Revenue
Operating income
Net income
| Metric (USD) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 1.74B USD | 504.6M USD | 725.87M USD | −145.66M USD | 757.48M USD |
| Cost of goods sold | 146.45M USD | 124.11M USD | 122.1M USD | 175.54M USD | 308.74M USD |
| Gross profit | 1.6B USD | 380.5M USD | 603.76M USD | −321.2M USD | 448.74M USD |
| Research and development | 2.07M USD | 2.16M USD | 2.05M USD | 2.06M USD | 1.79M USD |
| Selling, general, and administrative | 77.31M USD | 47.01M USD | 43.49M USD | 46.58M USD | 52.95M USD |
| Operating expenses | 220.61M USD | 49.17M USD | 45.53M USD | 48.63M USD | 54.74M USD |
| Interest income | 850.91M USD | 635.26M USD | 490.42M USD | 325.83M USD | 181.87M USD |
| Interest expense | 870.39M USD | 714.66M USD | 735.97M USD | 410.42M USD | 304.74M USD |
| Depreciation and amortization | — | — | 110K USD | 6.75M USD | — |
| Operating income | 1.38B USD | 331.33M USD | 558.23M USD | −369.84M USD | 394M USD |
| Net income | 127.87M USD | 160.98M USD | 199.65M USD | −73.29M USD | 56.85M USD |
Company facts updated Oct 13, 2026.
Recent quarterly results
Recent quarterly results
Third-party consensus; not a GoAI recommendation.
Cash distributions grouped by calendar year; partial years are marked.
$2.0312
2025 complete year0.0% since 2021
2026 partial: $1.5234
$2.0312
2,021
$2.0312
2,022
$2.0312
2,023
$2.0312
2,024
$2.0312
2,025
$1.5234
2,026*
* Partial calendar year in the available dividend history.
| Action | Ex-dividend date | Details | Record date | Payment date |
|---|---|---|---|---|
Dividend | Sep 1, 2026 | $0.5078Quarterly | Sep 1, 2026 | Sep 15, 2026 |
Dividend | Jun 1, 2026 | $0.5078Quarterly | Jun 1, 2026 | Jun 15, 2026 |
Dividend | Feb 27, 2026 | $0.5078Quarterly | — | — |
Dividend | Dec 1, 2025 | $0.5078Quarterly | Dec 1, 2025 | Dec 15, 2025 |
Dividend | Aug 29, 2025 | $0.5078Quarterly | Sep 1, 2025 | Sep 15, 2025 |
Dividend | May 30, 2025 | $0.5078Quarterly | — | — |
Ex-dividend Sep 1, 2026
$0.5078
Quarterly
Record Sep 1, 2026 · Payment Sep 15, 2026
Ex-dividend Jun 1, 2026
$0.5078
Quarterly
Record Jun 1, 2026 · Payment Jun 15, 2026
Ex-dividend Feb 27, 2026
$0.5078
Quarterly
Ex-dividend Dec 1, 2025
$0.5078
Quarterly
Record Dec 1, 2025 · Payment Dec 15, 2025
Ex-dividend Aug 29, 2025
$0.5078
Quarterly
Record Sep 1, 2025 · Payment Sep 15, 2025
Ex-dividend May 30, 2025
$0.5078
Quarterly
Funds reporting this stock among their holdings, ordered by reported position size.
Virtus InfraCap U.S. Preferred Stock ETFPFFA9.41M0.40%2.34B USD2.11%$19.38-0.72%
iShares Preferred and Income Securities ETFPFF5.69M0.05%12.19B USD0.45%$29.19-0.65%
Fidelity Real Estate Income ETFFREI2.71M0.06%46.79M USD0.76%$23.86+0.04%
InfraCap REIT Preferred ETFPFFR299.42K0.26%114.92M USD0.45%$16.50-0.66%
SanJac Alpha Core Plus Bond ETFSJCP151.13K2.05%7.39M USD0.65%$24.650.00%
iShares Morningstar Multi-Asset Income ETFIYLD8.9K0.01%124.47M USD0.50%$21.61+0.05%
Virtus InfraCap U.S. Preferred Stock ETFPFFA
iShares Preferred and Income Securities ETFPFF
Fidelity Real Estate Income ETFFREI
InfraCap REIT Preferred ETFPFFR
SanJac Alpha Core Plus Bond ETFSJCP
iShares Morningstar Multi-Asset Income ETFIYLDAI-generated and delayed market data for informational and educational purposes only. Not investment advice.