On Monday, Pennymac Mortgage Investment Trust (NYSE: PMT) was -1.78% drop from the session before settling in for the closing price of $14.06. A 52-week range for PMT has been $10.52 – $15.89.
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Annual sales at Real Estate sector company grew by 447.48% over the past five years. When this article was written, the company’s average yearly earnings per share was at -21.51%. With a float of $85.76 million, this company’s outstanding shares have now reached $86.62 million.
Let’s look at the performance matrix of the company that is accounted for 7 employees. In terms of profitability, gross margin is 90.4%, operating margin of 60.66%, and the pretax margin is 19.83%.
Pennymac Mortgage Investment Trust (PMT) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Pennymac Mortgage Investment Trust stocks. The insider ownership of Pennymac Mortgage Investment Trust is 1.26%, while institutional ownership is 67.98%. The most recent insider transaction that took place on Sep 03 ’24, was worth 518,647. In this transaction Director, President & CMBO of this company sold 37,010 shares at a rate of $14.01, taking the stock ownership to the 49,114 shares. Before that another transaction happened on Sep 03 ’24, when Company’s Officer proposed sale 22,999 for $14.01, making the entire transaction worth $322,301.
Pennymac Mortgage Investment Trust (PMT) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -21.51% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 44.75% during the next five years compared to -3.84% drop over the previous five years of trading.
Pennymac Mortgage Investment Trust (NYSE: PMT) Trading Performance Indicators
You can see what Pennymac Mortgage Investment Trust (PMT) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.79. Likewise, its price to free cash flow for the trailing twelve months is 2.56.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.51, a number that is poised to hit 0.35 in the next quarter and is forecasted to reach 1.48 in one year’s time.
Technical Analysis of Pennymac Mortgage Investment Trust (PMT)
Pennymac Mortgage Investment Trust (NYSE: PMT) saw its 5-day average volume 0.53 million, a negative change from its year-to-date volume of 0.73 million. As of the previous 9 days, the stock’s Stochastic %D was 47.41%. Additionally, its Average True Range was 0.21.
During the past 100 days, Pennymac Mortgage Investment Trust’s (PMT) raw stochastic average was set at 46.08%, which indicates a significant increase from 27.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.37% in the past 14 days, which was lower than the 21.22% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.01, while its 200-day Moving Average is $14.07. Nevertheless, the first resistance level for the watch stands at $14.00 in the near term. At $14.18, the stock is likely to face the second major resistance level. The third major resistance level sits at $14.29. If the price goes on to break the first support level at $13.71, it is likely to go to the next support level at $13.60. The third support level lies at $13.42 if the price breaches the second support level.
Pennymac Mortgage Investment Trust (NYSE: PMT) Key Stats
There are 86,845K outstanding shares of the company, which has a market capitalization of 1.20 billion. As of now, sales total 1,165 M while income totals 199,650 K. Its latest quarter income was 71,200 K while its last quarter net income were 25,430 K.
