PennyMac Mortgage Investment Trust (PMTV) company profile
Close on Nov 2, 2026Market cap $700.24MP/E 5.7Yield 19.93%
About PennyMac Mortgage Investment Trust
Real Estate Investment Trusts, SIC 6798
PennyMac Mortgage Investment Trust is a specialty finance company that invests in residential mortgage-related assets. Its business operates through three primary segments: Credit Sensitive Strategies, Interest Rate Sensitive Strategies, and Correspondent Production. The firm acquires, finances, and manages mortgage loans held for investment and sale, mortgage servicing rights, credit risk transfer strips, and mortgage-backed securities. Its customers and trading counterparties include approved correspondent lenders, secondary market institutional buyers, major commercial banks, and government-sponsored housing enterprises.
Geographically, the text references domestic United States operations and regulatory filings, with no foreign countries specified. The excerpt contains no data on physical facility counts, office branches, store networks, or total employee headcount. Additionally, the provided text does not identify the address or city of its corporate headquarters.
Summary of the business section of PennyMac Mortgage Investment Trust's latest annual report, written by StockData.
Company profile
Company
- Legal name
- PennyMac Mortgage Investment Trust
- Headquarters
- Westlake Village, CA
- Address
- 3043 Townsgate Road 91361
- Phone
- (818) 224-7442
- Employees
- 7, Dec 31, 2024
- Industry
- Real Estate Investment Trusts
- Incorporated in
- Maryland
- Fiscal year ends
- December 31
- Auditor
- Deloitte & Touche LLP, Los Angeles, California
Stock & identifiers
- Ticker
- PMTV
- Other tickers
- PMT, PMT.PA, PMT.PB, PMT.PC, PMTU, PMTW
- Exchange
- NYSE
- IPO date
- Jul 31, 2009
- Shares outstanding
- 87M, Jul 31, 2026
- Public float
- $796.81M, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1464423
- CUSIP
- 70931T103
- ISIN
- US70931T1034
- LEI
- 549300BSSOQO1ZWDUJ97
- EIN
- 27-0186273
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Doug Jones | Director, President & CMBO | 98,217 |
| David Spector | Chairman and CEO, Director | 420,487 |
| Gregory L. Hendry | Chief Accounting Officer | 7,330 |
| Marshall Sebring | Chief Investment Officer | 21,873 |
| Shiva Iyer | Chief Enterprise Risk Officer | 7,407 |
| Abbie Tidmore | Chief Revenue Officer | 40,745 |
| Daniel Stanley Perotti | Chief Financial Officer | 152,931 |
| Derek Stark | Chief Legal Officer | 62,539 |
| James Follette | Chief Digital Officer | 21,527 |
| Mark Elbaum | Chief Capital Markets Officer | 28,648 |
| Sauer Scott | Director | 8,886 |
| Catherine A. Lynch | Director | 68,344 |
| Scott W. Carnahan | Director | 96,501 |
| Stacey D. Stewart | Director | 70,282 |
| Preston Paul DuFauchard, Jr. | Director | 70,436 |
| McAllister, Nancy | Director | 98,681 |
| Setareh Pouraghabagher | Director | 24,490 |
| Donna M. Corley | Director | 32,701 |
| Renee Schultz | Director | 44,833 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $1.40M | $1.51M | $462.48K | $130 | $140 |
| FY2024 | $999.99K | $753.68K | $374.99K | $114 | $111 |
| FY2023 | $999.99K | $1.68M | $434.99K | $121 | $105 |
| FY2022 | $999.99K | $649.98K | $393.73K | $89 | $90 |
| FY2021 | $999.98K | $158.20K | $424.98K | $109 | $113 |
| FY2020 | $747.99K | -$254.46K | $520.61K | $87 | $79 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Stock awards | Option awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|---|
| David A. Spector | $1.48M | $5.44M | $2.03M | $3.61M | $105.82K | $12.66M | – |
| Doug Jones | $1.30M | $2.57M | $956.94K | $2.55M | $116.49K | $7.49M | – |
| Daniel S. Perotti | $500.00K | $1.50M | $558.79K | $1.25M | $61.72K | $3.87M | – |
| Derek W. Stark | $400.00K | $862.42K | $321.30K | $909.00K | $68.51K | $2.56M | – |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
IPO
From the final prospectus (Form 424B4) and the first day of trading
Offering
- Type
- Initial public offering
- Final prospectus filed
- Jul 31, 2009
- Offer price
- $20.00
- Securities offered
- 16,000,000
- Gross proceeds
- $320.00M
- Exchange
- NYSE
- First trading day
- Jul 30, 2009
- First-day close
- $19.10-4.5%
- Lock-up ends (est.)
- Jan 26, 2010
“The initial public offering price of our common shares is $20.00 per share.”
Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.
Employees
Headcount reported in annual reports
“All of our senior officers are employees of PFSI or its affiliates and we have seven employees .”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jun 10, 2025 | Listing | Registration of securities on an exchange (Form 8-A) |
| Feb 11, 2025 | Listing | Registration of securities on an exchange (Form 8-A) |
| Sep 21, 2023 | Listing | Registration of securities on an exchange (Form 8-A) |
| Aug 20, 2021 | Listing | Registration of securities on an exchange (Form 8-A) |
| Jun 30, 2017 | Listing | Registration of securities on an exchange (Form 8-A) |
| Mar 7, 2017 | Listing | Registration of securities on an exchange (Form 8-A) |
| Jul 31, 2009 | IPO | Initial public offering priced (424B4 prospectus) |
| Jul 23, 2009 | Listing | Registration of securities on an exchange (Form 8-A) |