Pennymac Mortgage Investment Preferred Stock Cash And Equivalents
| PMT-PB Preferred Stock | USD 24.60 0.12 0.49% |
PennyMac Mortgage Investment fundamentals help investors to digest information that contributes to PennyMac Mortgage's financial success or failures. It also enables traders to predict the movement of PennyMac Preferred Stock. The fundamental analysis module provides a way to measure PennyMac Mortgage's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to PennyMac Mortgage preferred stock.
PennyMac |
PennyMac Mortgage Investment Company Cash And Equivalents Analysis
PennyMac Mortgage's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Current PennyMac Mortgage Cash And Equivalents | 460.35 M |
Most of PennyMac Mortgage's fundamental indicators, such as Cash And Equivalents, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, PennyMac Mortgage Investment is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
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In accordance with the recently published financial statements, PennyMac Mortgage Investment has 460.35 M in Cash And Equivalents. This is 64.37% higher than that of the Real Estate sector and significantly higher than that of the REIT—Mortgage industry. The cash and equivalents for all United States preferred stocks is 82.96% higher than that of the company.
PennyMac Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses PennyMac Mortgage's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the preferred stocks which would be a good addition to a portfolio. Peer analysis of PennyMac Mortgage could also be used in its relative valuation, which is a method of valuing PennyMac Mortgage by comparing valuation metrics of similar companies.PennyMac Mortgage is currently under evaluation in cash and equivalents category among its peers.
PennyMac Fundamentals
| Return On Equity | -0.0339 | ||||
| Return On Asset | -0.0053 | ||||
| Profit Margin | (0.24) % | ||||
| Operating Margin | 0.21 % | ||||
| Shares Outstanding | 60.95 M | ||||
| Shares Owned By Institutions | 29.92 % | ||||
| Number Of Shares Shorted | 13.46 K | ||||
| Price To Earning | 7.84 X | ||||
| Price To Sales | 35.42 X | ||||
| Revenue | 81.11 M | ||||
| Gross Profit | 128.23 M | ||||
| EBITDA | 349.4 M | ||||
| Net Income | 56.85 M | ||||
| Cash And Equivalents | 460.35 M | ||||
| Cash Per Share | 4.64 X | ||||
| Total Debt | 4.49 B | ||||
| Debt To Equity | 2.92 % | ||||
| Current Ratio | 1.05 X | ||||
| Book Value Per Share | 15.99 X | ||||
| Cash Flow From Operations | (2.82 B) | ||||
| Short Ratio | 1.34 X | ||||
| Earnings Per Share | (0.73) X | ||||
| Number Of Employees | 10 | ||||
| Beta | 1.3 | ||||
| Market Capitalization | 1.51 B | ||||
| Total Asset | 13.77 B | ||||
| Annual Yield | 0.08 % | ||||
| Net Asset | 13.77 B |
About PennyMac Mortgage Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze PennyMac Mortgage Investment's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PennyMac Mortgage using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PennyMac Mortgage Investment based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in PennyMac Preferred Stock
PennyMac Mortgage financial ratios help investors to determine whether PennyMac Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in PennyMac with respect to the benefits of owning PennyMac Mortgage security.