Top 25 Analyst Picks w/ Strong Repurchase Activity

#25 : Pennymac Mortgage Investment Trust (NYSE:PMT)

PennyMac Mortgage Investment Trust is a holding company and a finance company. Co.'s business includes four segments: correspondent production, which serves as an intermediary between mortgage lenders and the capital markets by purchasing, pooling and reselling newly originated prime credit quality mortgage loans; credit sensitive strategies, which include distressed mortgage loans, and real estate acquired in settlement of mortgage loans; interest rate sensitive strategies, which include excess servicing spread and interest rate hedging activities; and corporate activities, which includes certain interest income and management fee and other corporate expenses.

PMT SEC Filing Email Alerts Service

Preferreds: PMT.PRA, PMT.PRB

In the past twelve months, Pennymac Mortgage Investment Trust has repurchased a substantial amount of its outstanding shares — a lower share count means that the remaining shares will each enjoy a large slice of the company's future earnings.
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PMT Average Broker Rec.

Buy (3.40 out of 4) 57th percentile (ranked higher than approx. 57% of all stocks covered) Based on Zacks ABR data; powered by Xignite

PMT — Current Quote

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Avg. Broker Rec.

Buy (3.40 out of 4) 57th percentile (ranked higher than approx. 57% of all stocks covered) Based on Zacks ABR data; powered by Xignite