8PM Stock | | | EUR 12.40 0.20 1.59% |
Executive
Mr. Vandad Fartaj is Chief Investment Officer, Senior Managing Director of the Company. Mr. Fartaj was our Senior Managing Director and Chief Investment Officer since February 2016. Prior thereto, he served as our chief investment officer from March 2010 to February 2016. Mr. Fartaj also has served in a variety of similar executive positions at PNMAC since April 2008. Mr. Fartaj is responsible for all capital markets and investmentrelated activities, including the development and execution of investment strategies, secondary marketing, hedging activities and capital markets strategies with governmentsponsored enterprises. In addition, Mr. Fartaj is responsible for developing and managing relationships with Wall Street brokerdealers and fixed income investors. Prior to joining PNMAC, from November 1999 to April 2008, Mr. Fartaj was employed in a variety of positions at Countrywide Securities Corporationrationration, including managing the strategy and execution of the whole loan conduit since 2016.
Age | 48 |
Tenure | 8 years |
Phone | 818 224 7442 |
Web | https://www.pennymacmortgageinvestmenttrust.com |
Fartaj is an experienced mortgage banking executive with substantial experience in capital markets, mortgagerelated investments, and interest rate and credit risk management.
PennyMac Mortgage Management Efficiency
PennyMac Mortgage's management efficiency ratios could be used to measure how well PennyMac Mortgage manages its routine affairs as well as how well it operates its assets and liabilities.
PennyMac Mortgage Investment has accumulated 4.77
B in total debt with debt to equity ratio
(D/E) of 328.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. PennyMac Mortgage has a current ratio of 9.41, suggesting that it is
liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist PennyMac Mortgage until it has trouble settling it off, either with new capital or with free cash flow. So, PennyMac Mortgage's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like PennyMac Mortgage sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for PennyMac to invest in growth at high rates of return. When we think about PennyMac Mortgage's use of debt, we should always consider it together with cash and equity.
Similar Executives
PennyMac Mortgage Investment Trust, a specialty finance company, invests primarily in residential mortgage loans and mortgage-related assets in the United States. The company was founded in 2009 and is based in Westlake Village, California. PENNYMAC MRTGE operates under REIT - Diversified classification in Germany and is traded on Frankfurt Stock Exchange. It employs 3 people. PennyMac Mortgage Investment (8PM) is traded on Frankfurt Exchange in Germany and employs 23 people.
Management Performance
PennyMac Mortgage Leadership Team
Elected by the shareholders, the PennyMac Mortgage's board of directors comprises two types of representatives: PennyMac Mortgage inside directors who are chosen from within the company, and outside directors, selected externally and held independent of PennyMac. The board's role is to monitor PennyMac Mortgage's management team and ensure that shareholders' interests are well served. PennyMac Mortgage's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, PennyMac Mortgage's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Daniel Perotti, Chief Asset and Liability Management Officer | |
| Vandad Fartaj, Chief Investment Officer | |
| Steven Bailey, MD Officer | |
| Anne McCallion, MD Officer | |
| Kevin Chamberlain, Ex Relations | |
| David Spector, President COO, Trustee | |
| Jeffrey Grogin, Chief Administrative and Legal Officer, Secretary | |
| Gregory Hendry, Chief Officer | |
| Derek JD, Chief MD | |
| Douglas Jones, Chief Correspondent Lending Officer | |
PennyMac Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is PennyMac Mortgage a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in PennyMac Stock
When determining whether PennyMac Mortgage is a good investment, qualitative aspects like company
management, corporate governance, and ethical practices play a significant role. A
comparison with peer companies also provides context and helps to understand if PennyMac Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Pennymac Mortgage Investment Stock.
Highlighted below are key reports to facilitate an investment decision about Pennymac Mortgage Investment Stock: Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in PennyMac Mortgage Investment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
You can also try the
Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Please note, there is a significant difference between PennyMac Mortgage's value and its price as these two are different measures arrived at by different means. Investors typically determine if PennyMac Mortgage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PennyMac Mortgage's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.