On Tuesday, Pennymac Mortgage Investment Trust (NYSE: PMT) opened lower -0.37% from the last session, before settling in for the closing price of $13.42. Price fluctuations for PMT have ranged from $12.81 to $15.89 over the past 52 weeks.
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A company in the Real Estate sector has jumped its sales by 447.48% annually for the last half of the decade. Company’s average yearly earnings per share was noted -20.67% at the time writing. With a float of $85.76 million, this company’s outstanding shares have now reached $86.62 million.
In an organization with 7 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 90.65%, operating margin of 56.94%, and the pretax margin is 8.22%.
Pennymac Mortgage Investment Trust (PMT) Insider Updates
A key investor’s attitude towards the stock of the REIT – Mortgage industry is another important factor to consider. The insider ownership of Pennymac Mortgage Investment Trust is 1.26%, while institutional ownership is 68.40%. The most recent insider transaction that took place on Oct 25 ’24, was worth 11,572. In this transaction Director of this company bought 838 shares at a rate of $13.81, taking the stock ownership to the 37,632 shares. Before that another transaction happened on Sep 03 ’24, when Company’s Director, President & CMBO sold 37,010 for $14.01, making the entire transaction worth $518,647. This insider now owns 49,114 shares in total.
Pennymac Mortgage Investment Trust (PMT) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.44 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.32) by 0.12. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.34 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -20.67% per share during the next fiscal year.
Pennymac Mortgage Investment Trust (NYSE: PMT) Trading Performance Indicators
Check out the current performance indicators for Pennymac Mortgage Investment Trust (PMT). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.64.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.36, a number that is poised to hit 0.37 in the next quarter and is forecasted to reach 1.55 in one year’s time.
Technical Analysis of Pennymac Mortgage Investment Trust (PMT)
Let’s dig in a bit further. During the last 5-days, its volume was 0.68 million. That was inferior than the volume of 0.73 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 14.71%. Additionally, its Average True Range was 0.23.
During the past 100 days, Pennymac Mortgage Investment Trust’s (PMT) raw stochastic average was set at 25.81%, which indicates a significant increase from 8.89% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.08% in the past 14 days, which was lower than the 21.56% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.99, while its 200-day Moving Average is $14.01. However, in the short run, Pennymac Mortgage Investment Trust’s stock first resistance to watch stands at $13.45. Second resistance stands at $13.52. The third major resistance level sits at $13.59. If the price goes on to break the first support level at $13.31, it is likely to go to the next support level at $13.24. Assuming the price breaks the second support level, the third support level stands at $13.17.
Pennymac Mortgage Investment Trust (NYSE: PMT) Key Stats
There are currently 86,861K shares outstanding in the company with a market cap of 1.16 billion. Presently, the company’s annual sales total 1,165 M according to its annual income of 199,650 K. Last quarter, the company’s sales amounted to 80,860 K and its income totaled 41,410 K.
