| PMT Stock | | | USD 12.55 0.11 0.87% |
Managing Director
Mr. Vandad Fartaj is Chief Investment Officer, Senior Managing Director of the Company. Mr. Fartaj was our Senior Managing Director and Chief Investment Officer since February 2016. Prior thereto, he served as our chief investment officer from March 2010 to February 2016. Mr. Fartaj also has served in a variety of similar executive positions at PNMAC since April 2008. Mr. Fartaj is responsible for all capital markets and investmentrelated activities, including the development and execution of investment strategies, secondary marketing, hedging activities and capital markets strategies with governmentsponsored enterprises. In addition, Mr. Fartaj is responsible for developing and managing relationships with Wall Street brokerdealers and fixed income investors. Prior to joining PNMAC, from November 1999 to April 2008, Mr. Fartaj was employed in a variety of positions at Countrywide Securities Corporationrationration, including managing the strategy and execution of the whole loan conduit since 2018.
| Age | 49 |
| Tenure | 6 years |
| Address | 3043 Townsgate Road, Westlake Village, CA, United States, 91361 |
| Phone | 818 224 7442 |
| Web | https://pmt.pennymac.com |
Fartaj is an experienced mortgage banking executive with substantial experience in capital markets, mortgagerelated investments, and interest rate and credit risk management.
PennyMac Mortgage Management Efficiency
The company has Return on Asset of
0.0127 % which means that on every $100 spent on assets, it made $0.0127 of profit. This is way below average. In the same way, it shows a return on shareholders' equity
(ROE) of
0.0861 %, implying that it generated $0.0861 on every 100 dollars invested. PennyMac Mortgage's management efficiency ratios could be used to measure how well PennyMac Mortgage manages its routine affairs as well as how well it operates its assets and liabilities. At this time, PennyMac Mortgage's
Return On Tangible Assets are comparatively stable compared to the past year.
Return On Capital Employed is likely to gain to 0.05 in 2024, whereas
Return On Equity is likely to drop 0.08 in 2024.
Change To Liabilities is likely to gain to about 88.3
M in 2024, whereas
Total Current Liabilities is likely to drop slightly above 439.5
M in 2024.
PennyMac Mortgage Investment has 4.85
B in debt with debt to equity
(D/E) ratio of 5.24, demonstrating that the company may be unable to create cash to meet all of its financial commitments. PennyMac Mortgage has a current ratio of 0.84, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for PennyMac to invest in growth at high rates of return.
PennyMac Mortgage Investment Trust, a specialty finance company, primarily invests in mortgage-related assets in the United States. PennyMac Mortgage Investment Trust was founded in 2009 and is headquartered in Westlake Village, California. Pennymac Mortgage operates under REITMortgage classification in the United States and is traded on New York Stock Exchange. It employs 1 people. PennyMac Mortgage Investment (PMT) is traded on New York Stock Exchange in USA. It is located in 3043 Townsgate Road, Westlake Village, CA, United States, 91361 and employs 7 people. PennyMac Mortgage is listed under Mortgage Real Estate Investment Trusts (REITs) category by Fama And French industry classification.
Management Performance
PennyMac Mortgage Leadership Team
Elected by the shareholders, the PennyMac Mortgage's board of directors comprises two types of representatives: PennyMac Mortgage inside directors who are chosen from within the company, and outside directors, selected externally and held independent of PennyMac. The board's role is to monitor PennyMac Mortgage's management team and ensure that shareholders' interests are well served. PennyMac Mortgage's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, PennyMac Mortgage's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Daniel Perotti, Chief Financial Officer, Senior Managing Director | |
| Andrew Chang, Chief Financial Officer, Senior Managing Director | |
| Anne McCallion, Senior Managing Director, Chief Enterprise Operations Officer | |
| Derek JD, Chief MD | |
| Scott Carnahan, Independent Trustee | |
| Randall Hadley, Lead Independent Trustee | |
| Derek Stark, Senior Managing Director, Chief Legal Officer, Company Secretary | |
| Stacey Stewart, Independent Trustee | |
| David Spector, Chairman of the Board, President, Chief Executive Officer | |
| Jeffrey Grogin, Chief Enterprise Operations Officer, Senior Managing Director | |
| David Walker, Chief Risk Officer, Senior Managing Director | |
| Catherine Lynch, Independent Director | |
| Douglas Jones, Senior Managing Director, Chief Mortgage Banking Officer | |
| Steven Bailey, MD Officer | |
| Nancy McAllister, Independent Trustee | |
| Renee Schultz, Independent Trustee | |
| Scott Bridges, Senior Division | |
| Isaac Garden, First Relations | |
| Mark Elbaum, Chief Officer | |
| Gregory Hendry, Chief Officer | |
| Frank Willey, Independent Trustee | |
| Vandad Fartaj, Chief Investment Officer, Senior Managing Director | |
| Preston DuFauchard, Independent Lead Trustee | |
| Marianne Sullivan, Independent Trustee | |
| Kevin Chamberlain, Executive Relations | |
| William Chang, Senior Officer | |
| Pamela CPA, MD Treasurer | |
| Stanford Kurland, Executive Chairman of the Board of Trustees | |
| James Follette, Senior Officer | |
PennyMac Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is PennyMac Mortgage a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional 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.