PennyMac Mortgage Financials

PMT Stock  USD 13.43  0.09  0.67%   
Based on the measurements of operating efficiency obtained from PennyMac Mortgage's historical financial statements, PennyMac Mortgage Investment may be sliding down financialy. It has an above-average odds of going through some form of financial crisis next quarter. At this time, PennyMac Mortgage's Non Current Liabilities Total is comparatively stable compared to the past year. Short Term Debt is likely to gain to about 9 B in 2024, whereas Total Stockholder Equity is likely to drop slightly above 1.6 B in 2024. Key indicators impacting PennyMac Mortgage's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio2.342.23
Sufficiently Up
Slightly volatile
Current Ratio0.570.5959
Sufficiently Down
Very volatile
The essential information of the day-to-day investment outlook for PennyMac Mortgage includes many different criteria found on its balance sheet. An individual investor should monitor PennyMac Mortgage's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in PennyMac Mortgage.

Net Income

209.64 Million

  
Understanding current and past PennyMac Mortgage Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of PennyMac Mortgage's financial statements are interrelated, with each one affecting the others. For example, an increase in PennyMac Mortgage's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in PennyMac Mortgage's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of PennyMac Mortgage Investment. Check PennyMac Mortgage's Beneish M Score to see the likelihood of PennyMac Mortgage's management manipulating its earnings.

PennyMac Mortgage Stock Summary

PennyMac Mortgage competes with Blackstone Mortgage, Omega Healthcare, and Medical Properties. PennyMac Mortgage Investment Trust, a specialty finance company, primarily invests in mortgage-related assets in the United States. PennyMac Mortgage Investment Trust was founded in 2009 and is headquartered in Westlake Village, California. Pennymac Mortgage operates under REITMortgage classification in the United States and is traded on New York Stock Exchange. It employs 1 people.
Specialization
Real Estate, Financial Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS70931T1034
CUSIP70931T103
LocationCalifornia; U.S.A
Business Address3043 Townsgate Road,
SectorMortgage Real Estate Investment Trusts (REITs)
IndustryFinancials
BenchmarkDow Jones Industrial
Websitepmt.pennymac.com
Phone818 224 7442
CurrencyUSD - US Dollar

PennyMac Mortgage Key Financial Ratios

PennyMac Mortgage Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets11.8B11.5B13.8B13.9B13.1B7.6B
Other Current Liab(91.1M)(124.8M)(96.2M)(8.4M)(9.1B)(8.7B)
Other Liab7.6M21.9M80.3M39.5M45.4M38.3M
Net Debt309.3M(583.6M)2.7B3.3B10.2B10.7B
Retained Earnings22.3M(100.7M)(256.7M)(526.8M)(508.7M)(483.3M)
Accounts Payable91.1M124.8M96.2M160.2M387.7M407.0M
Cash2.1B2.9B1.8B1.4B281.1M267.0M
Other Assets4.8B4.3B6.1B4.8B(1.1B)(1.1B)
Net Receivables181.3M139.9M16.0M66.9M65.5M62.2M
Other Current Assets(263.2M)(221.9M)(257.3M)(438.8M)(409.5M)(389.0M)
Total Liab9.3B9.2B11.4B12.0B11.2B6.0B
Total Current Assets2.3B3.1B1.9B364.1M474.9M828.9M
Common Stock1.0M979K949K889K866K731.2K
Short Term Debt7.0B1.9B2.5B2.8B8.5B9.0B
Long Term Debt2.4B2.1B4.5B4.8B4.8B5.1B
Intangible Assets1.5B1.8B2.9B4.0B3.9B4.1B
Net Tangible Assets2.2B2.0B1.8B1.4B1.6B1.7B
Long Term Debt Total2.4B2.3B4.5B4.8B5.5B5.8B
Capital Surpluse2.1B2.1B2.1B1.9B2.2B1.8B
Net Invested Capital4.5B4.3B6.3B6.2B6.3B5.0B
Capital Stock300.7M300.7M542.4M542.4M542.3M463.6M

PennyMac Mortgage Key Income Statement Accounts

The reason investors look at the income statement is to determine what PennyMac Mortgage's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense297.4M270.8M304.7M410.4M736.0M772.8M
Total Revenue223.2M108.6M82.8M103.1M725.9M762.2M
Gross Profit57.0M(120.0M)(107.2M)25.5M578.8M607.7M
Operating Income190.6M79.7M44.7M47.9M(25.1M)(23.8M)
Ebit574.2M79.7M44.7M158.1M(25.1M)(23.8M)
Ebitda574.4M79.7M44.7M54.6M1.3B1.3B
Cost Of Revenue166.2M228.6M190.1M77.6M147.1M108.2M
Income Before Tax190.6M79.7M44.7M63.1M244.4M135.2M
Net Income226.4M52.4M56.9M(73.3M)199.7M209.6M
Income Tax Expense(35.7M)27.4M(12.2M)136.4M44.7M47.0M
Research Development1.6M1.4M1.8M2.1M2.0M2.1M
Tax Provision(35.7M)27.4M(12.2M)136.4M47.2M49.5M
Net Interest Income20.4M(48.6M)(109.5M)(84.6M)(235.5M)(223.8M)
Interest Income317.9M222.1M195.2M325.8M469.6M242.7M

PennyMac Mortgage Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash44.2M(46.4M)1.3M52.9M169.2M177.7M
Free Cash Flow(3.0B)671.7M(2.8B)1.8B1.3B1.4B
Other Non Cash Items(3.3B)(3.8M)(2.4B)1.8B1.0B1.1B
Capital Expenditures79K99.2M75.0M28.8M14.6M13.9M
Net Income226.4M52.4M56.9M(73.3M)199.7M111.4M
End Period Cash Flow104.1M57.7M59.0M111.9M281.1M295.1M
Dividends Paid165.9M176.5M214.1M215.4M182.4M157.9M
Depreciation81.6M94.3M383.7M6.7M110K104.5K
Change To Netincome(3.3B)(20.5M)(2.4B)1.8B1.6B1.5B
Investments(704.7M)(15.4M)(40.7M)(1.9B)(464.3M)(487.5M)
Net Borrowings3.1B(468.8M)1.8B453.9M522.0M636.9M

PennyMac Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining PennyMac Mortgage's current stock value. Our valuation model uses many indicators to compare PennyMac Mortgage value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across PennyMac Mortgage competition to find correlations between indicators driving PennyMac Mortgage's intrinsic value. More Info.
PennyMac Mortgage Investment is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about  0.15  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for PennyMac Mortgage Investment is roughly  6.78 . At this time, PennyMac Mortgage's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value PennyMac Mortgage by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

PennyMac Mortgage Systematic Risk

PennyMac Mortgage's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. PennyMac Mortgage volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on PennyMac Mortgage correlated with the market. If Beta is less than 0 PennyMac Mortgage generally moves in the opposite direction as compared to the market. If PennyMac Mortgage Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one PennyMac Mortgage is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of PennyMac Mortgage is generally in the same direction as the market. If Beta > 1 PennyMac Mortgage moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in PennyMac Mortgage Stock are looking for potential investment opportunities by analyzing not only static indicators but also various PennyMac Mortgage's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of PennyMac Mortgage growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.019)

At this time, PennyMac Mortgage's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

PennyMac Mortgage November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of PennyMac Mortgage help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of PennyMac Mortgage Investment. We use our internally-developed statistical techniques to arrive at the intrinsic value of PennyMac Mortgage Investment based on widely used predictive technical indicators. In general, we focus on analyzing PennyMac Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build PennyMac Mortgage's daily price indicators and compare them against related drivers.

Additional Tools for PennyMac Stock Analysis

When running PennyMac Mortgage's price analysis, check to measure PennyMac Mortgage's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PennyMac Mortgage is operating at the current time. Most of PennyMac Mortgage's value examination focuses on studying past and present price action to predict the probability of PennyMac Mortgage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PennyMac Mortgage's price. Additionally, you may evaluate how the addition of PennyMac Mortgage to your portfolios can decrease your overall portfolio volatility.