Pennymac Mortgage Investment Stock Net Income
| PMT Stock | USD 13.68 0.03 0.22% |
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 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 stock.
| Last Reported | Projected for Next Year | ||
| Net Loss | -104 M | -98.8 M | |
| Net Income | 199.7 M | 111.4 M | |
| Net Income From Continuing Ops | 151.4 M | 92.2 M | |
| Net Income Per Share | 2.29 | 1.94 | |
| Net Income Per E B T | 0.82 | 0.92 |
PennyMac | Net Income |
PennyMac Mortgage Investment Company Net Income Analysis
PennyMac Mortgage's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current PennyMac Mortgage Net Income | 199.65 M |
Most of PennyMac Mortgage's fundamental indicators, such as Net Income, 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.
PennyMac Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for PennyMac Mortgage is extremely important. It helps to project a fair market value of PennyMac Stock properly, considering its historical fundamentals such as Net Income. Since PennyMac Mortgage's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of PennyMac Mortgage's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of PennyMac Mortgage's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, PennyMac Mortgage Investment reported net income of 199.65 M. This is 19.84% lower than that of the Mortgage Real Estate Investment Trusts (REITs) sector and significantly higher than that of the Financials industry. The net income for all United States stocks is 65.03% higher than that of the company.
PennyMac Net Income 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 Net Income to detect undervalued stocks with similar characteristics or determine the 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 net income category among related companies.
PennyMac Mortgage ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, PennyMac Mortgage's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to PennyMac Mortgage's managers, analysts, and investors.Environmental | Governance | Social |
PennyMac Mortgage Institutional Holders
Institutional Holdings refers to the ownership stake in PennyMac Mortgage that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of PennyMac Mortgage's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing PennyMac Mortgage's value.| Shares | Amvescap Plc. | 2023-12-31 | 689 K | Norges Bank | 2023-12-31 | 654.3 K | First Trust Advisors L.p. | 2023-12-31 | 615.6 K | Mirae Asset Global Investments (korea) Co Ltd | 2023-12-31 | 615.1 K | Allianz Asset Management Ag | 2024-03-31 | 570.2 K | Van Eck Associates Corporation | 2024-03-31 | 463 K | Principal Financial Group Inc | 2024-03-31 | 449.8 K | Nuveen Asset Management, Llc | 2023-12-31 | 435.4 K | Smith Graham & Co Inv Adv, L.p.** | 2023-12-31 | 333.3 K | Blackrock Inc | 2023-12-31 | 15.2 M | Vanguard Group Inc | 2024-03-31 | 9.7 M |
PennyMac Fundamentals
| Return On Equity | 0.095 | ||||
| Return On Asset | 0.0135 | ||||
| Profit Margin | 0.31 % | ||||
| Operating Margin | 0.32 % | ||||
| Current Valuation | 11.52 B | ||||
| Shares Outstanding | 86.85 M | ||||
| Shares Owned By Insiders | 1.05 % | ||||
| Shares Owned By Institutions | 68.00 % | ||||
| Number Of Shares Shorted | 2.22 M | ||||
| Price To Earning | 56.52 X | ||||
| Price To Book | 0.83 X | ||||
| Price To Sales | 1.62 X | ||||
| Revenue | 1.46 B | ||||
| Gross Profit | (321.2 M) | ||||
| EBITDA | (25.07 M) | ||||
| Net Income | 199.65 M | ||||
| Cash And Equivalents | 349.38 M | ||||
| Cash Per Share | 3.86 X | ||||
| Total Debt | 10.47 B | ||||
| Debt To Equity | 5.24 % | ||||
| Current Ratio | 0.86 X | ||||
| Book Value Per Share | 16.32 X | ||||
| Cash Flow From Operations | 1.34 B | ||||
| Short Ratio | 3.82 X | ||||
| Earnings Per Share | 1.52 X | ||||
| Price To Earnings To Growth | 2.12 X | ||||
| Target Price | 14.78 | ||||
| Beta | 1.43 | ||||
| Market Capitalization | 1.19 B | ||||
| Total Asset | 13.11 B | ||||
| Retained Earnings | (508.69 M) | ||||
| Working Capital | (3.78 B) | ||||
| Current Asset | 99.97 M | ||||
| Current Liabilities | 3.88 B | ||||
| Annual Yield | 0.12 % | ||||
| Five Year Return | 10.21 % | ||||
| Net Asset | 13.11 B | ||||
| Last Dividend Paid | 1.6 |
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.
Pair Trading with PennyMac Mortgage
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if PennyMac Mortgage position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in PennyMac Mortgage will appreciate offsetting losses from the drop in the long position's value.Moving together with PennyMac Stock
| 0.67 | DHIL | Diamond Hill Investment | PairCorr |
The ability to find closely correlated positions to PennyMac Mortgage could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PennyMac Mortgage when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back PennyMac Mortgage - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling PennyMac Mortgage Investment to buy it.
The correlation of PennyMac Mortgage is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as PennyMac Mortgage moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PennyMac Mortgage moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for PennyMac Mortgage can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out PennyMac Mortgage Piotroski F Score and PennyMac Mortgage Altman Z Score analysis. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for PennyMac Stock analysis
When running PennyMac Mortgage's price analysis, check to measure PennyMac Mortgage's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PennyMac Mortgage is operating at the current time. Most of PennyMac Mortgage's value examination focuses on studying past and present price action to predict the probability of PennyMac Mortgage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PennyMac Mortgage's price. Additionally, you may evaluate how the addition of PennyMac Mortgage to your portfolios can decrease your overall portfolio volatility.
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Is PennyMac Mortgage's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PennyMac Mortgage. If investors know PennyMac will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PennyMac Mortgage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.21) | Dividend Share 1.6 | Earnings Share 1.52 | Revenue Per Share 6.915 | Quarterly Revenue Growth (0.55) |
The market value of PennyMac Mortgage is measured differently than its book value, which is the value of PennyMac that is recorded on the company's balance sheet. Investors also form their own opinion of PennyMac Mortgage's value that differs from its market value or its book value, called intrinsic value, which is PennyMac Mortgage's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PennyMac Mortgage's market value can be influenced by many factors that don't directly affect PennyMac Mortgage's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.