For PMT, its debt to operating expenses ratio is greater than that reported by 97.65% of US equities we're observing.
As for revenue growth, note that PMT's revenue has grown -132.54% over the past 12 months; that beats the revenue growth of just 0.27% of US companies in our set.
PennyMac Mortgage Investment Trust's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is -514.36%, greater than the shareholder yield of just 1.08% of stocks in our set.
If you're looking for stocks that are quantitatively similar to PennyMac Mortgage Investment Trust, a group of peers worth examining would be FTS, SC, RC, NNI, and CFFN.
Moody's Investors Service, ("Moody's") has placed on review for downgrade PennyMac Mortgage Investment Trust's ("PMT") Ba3 corporate family rating and B2 long-term issuer rating. Similar to a number of other residential mortgage REITs, PMT has experienced a significant decline in the value of its mortgage-related assets, incurring a $1 billion non-cash fair value loss on its CRT investments in the first quarter of 2020.
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its Board of Trustees has declared cash dividends for the second quarter of 2020 on its 8.125% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Shares of Beneficial Interest (the “Series A Preferred Shares”) (NYSE: PMT PrA) and its 8.00% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Shares of Beneficial Interest (the “Series B Preferred Shares”) (NYSE:
Now I would like to introduce David Spector, PMT's president and chief executive officer, who will discuss the company's first-quarter results. For the first-quarter 2020, PMT reported net loss attributable to common shareholders of $600.9 million or $5.99 per common share. PMT reports results through four segments: credit-sensitive strategies, which contributed $960.5 million in pre-tax loss; interest rate-sensitive strategies, which contributed $324.8 million in pre-tax income; correspondent production, which contributed $65.3 million in pre-tax income; and corporate with a pre-tax loss of $14 million.
WESTLAKE VILLAGE, Calif. (AP) _ PennyMac Mortgage Investment Trust (PMT) on Thursday reported a first-quarter loss of $594.7 million, after reporting a profit in the same period a year earlier. The Westlake Village, California-based company said it had a loss of $5.99 per share. The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of $2.81 per share. PennyMac Mortgage shares have declined 54% since the beginning of the year. The stock has fallen 51% in the last 12 months. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PMT at https://www.zacks.com/ap/PMT