PennyMac Mortgage Investment Trust operates as a financial firm primarily dedicated to acquiring and managing residential mortgage loans and various related financial instruments. Its operations are structured into four key divisions: Correspondent Production, Credit Sensitive Strategies, Interest Rate Sensitive Strategies, and Corporate Activities. The Correspondent Production division is responsible for purchasing, aggregating, and then distributing newly issued, high-credit-quality mortgage loans, either directly or as mortgage-backed securities in the capital markets. Within the Credit…
| Price | $25.45 |
|---|---|
| Market cap | $818.13M |
| Sector | Real Estate |
| Industry | REIT - Mortgage |
| Exchange | NYSE |
| 52-week range | 25.02-26.26 |
| Dividend (TTM) | $2.12 per share |
| Beta | 0.12 |
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