|Bid||0.00 x 900|
|Ask||25.13 x 1300|
|Day's range||24.59 - 25.10|
|52-week range||21.31 - 27.48|
|Beta (5Y monthly)||1.13|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||2.00 (8.01%)|
|Ex-dividend date||31 May 2022|
|1y target est||N/A|
Now, I'd like to introduce David Spector, PMT's chairman and chief executive officer, who will discuss the company's second quarter 2022 results. PMT reported a net loss of $81.2 million, or $0.88 per common share for the second quarter, as fair value declines in its credit-sensitive strategies due to continued spread widening more than offset strong performance from its strategies excluding the impacts of market-driven fair value changes.
PennyMac Mortgage (PMT) delivered earnings and revenue surprises of -320% and 81.37%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
WESTLAKE VILLAGE, Calif., August 02, 2022--PennyMac Mortgage Investment Trust (NYSE: PMT) today reported a net loss attributable to common shareholders of $81.2 million, or $(0.88) per common share on a diluted basis for the second quarter of 2022, on net investment income of $21.5 million. PMT previously announced a cash dividend for the second quarter of 2022 of $0.47 per common share of beneficial interest, which was declared on June 2, 2022 and paid on July 28, 2022 to common shareholders of