PMT
PennyMac Mortgage Investment Trust
REIT - Mortgage
Market Cap$963M
5Y Perf.+0.5%
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Stock Comparison
PMT vs MITT vs MFA vs GPMT vs AGNC
Revenue, margins, valuation, and 5-year total return — side by side.
MITT
TPG Mortgage Investment Trust Inc
REIT - Mortgage
Market Cap$249M
5Y Perf.+6.2%
MFA
MFA Financial, Inc.
REIT - Mortgage
Market Cap$995M
5Y Perf.+44.2%
GPMT
Granite Point Mortgage Trust Inc.
REIT - Mortgage
Market Cap$74M
5Y Perf.-34.9%
AGNC
AGNC Investment Corp.
REIT - Mortgage
Market Cap$9.62B
5Y Perf.-17.2%
PMT vs MITT vs MFA vs GPMT vs AGNC — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | PMT | MITT | MFA | GPMT | AGNC |
|---|---|---|---|---|---|
| Industry | REIT - Mortgage | REIT - Mortgage | REIT - Mortgage | REIT - Mortgage | REIT - Mortgage |
| Market Cap | $963M | $249M | $995M | $74M | $9.62B |
| Revenue (TTM) | $957M | $493M | $650M | $132M | $3.46B |
| Net Income (TTM) | $132M | $34M | $135M | $-40M | $838M |
| Gross Margin | 49.5% | 94.2% | 59.3% | 47.3% | 100.0% |
| Operating Margin | 35.7% | 93.3% | 41.0% | -4.3% | 107.1% |
| Forward P/E | 7.1x | 7.2x | 7.1x | — | 6.9x |
| Total Debt | $19.09B | $8.10B | $10.99B | $1.17B | $64M |
| Cash & Equiv. | $272M | $76M | $213M | $66M | $505M |
PMT vs MITT vs MFA vs GPMT vs AGNC — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
PMT
MITT
MFA
GPMT
AGNC
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| PennyMac Mortgage I… (PMT) | 100 | 100.5 | +0.5% |
| TPG Mortgage Invest… (MITT) | 100 | 106.2 | +6.2% |
| MFA Financial, Inc. (MFA) | 100 | 144.2 | +44.2% |
| Granite Point Mortg… (GPMT) | 100 | 31.5 | -68.5% |
| AGNC Investment Cor… (AGNC) | 100 | 82.8 | -17.2% |
Price return only. Dividends and distributions are not included.
Quick Verdict: PMT vs MITT vs MFA vs GPMT vs AGNC
Each card shows where this stock fits in a portfolio — not just who wins on paper.
Bottom line: AGNC leads in 4 of 7 categories (5-stock set), making it the strongest pick for growth and revenue expansion and valuation and capital efficiency. MFA Financial, Inc. is the stronger pick specifically for dividend income and shareholder returns and operational efficiency and capital deployment. PMT also leads in specific categories worth noting. As sector peers, any of these can serve as alternatives in the same allocation.
PMT
PennyMac Mortgage Investment Trust
The Real Estate Income Play
PMT ranks third and is worth considering specifically for long-term compounding.
- 99.1% 10Y total return vs MFA's 7.8%
- Beta 0.71 vs GPMT's 1.44
Best for: long-term compounding
MITT
TPG Mortgage Investment Trust Inc
The REIT Holding
MITT lags the leaders in this set but could rank higher in a more targeted comparison.
Best for: real estate exposure
MFA
MFA Financial, Inc.
The Real Estate Income Play
MFA is the #2 pick in this set and the best alternative if income & stability and sleep-well-at-night is your priority.
- Dividend streak 1 yrs, beta 0.77, yield 18.4%
- Lower volatility, beta 0.77, current ratio 2.18x
- Beta 0.77, yield 18.4%, current ratio 2.18x
- 18.4% yield, 1-year raise streak, vs PMT's 14.5%
Best for: income & stability and sleep-well-at-night
GPMT
Granite Point Mortgage Trust Inc.
The REIT Holding
Among these 5 stocks, GPMT doesn't own a clear edge in any measured category.
Best for: real estate exposure
AGNC
AGNC Investment Corp.
The Real Estate Income Play
AGNC carries the broadest edge in this set and is the clearest fit for growth exposure.
- Rev growth 384.7%, EPS growth 17.6%, 3Y rev CAGR 26.4%
- 384.7% FFO/revenue growth vs MITT's 14.4%
- Better valuation composite
- 24.2% margin vs GPMT's -30.5%
Best for: growth exposure
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | AGNC | 384.7% FFO/revenue growth vs MITT's 14.4% |
| Value | AGNC | Better valuation composite |
| Quality / Margins | AGNC | 24.2% margin vs GPMT's -30.5% |
| Stability / Safety | PMT | Beta 0.71 vs GPMT's 1.44 |
| Dividends | MFA | 18.4% yield, 1-year raise streak, vs PMT's 14.5% |
| Momentum (1Y) | AGNC | +39.4% vs GPMT's -19.7% |
| Efficiency (ROA) | MFA | 1.1% ROA vs GPMT's -2.3%, ROIC 4.4% vs 2.6% |
PMT vs MITT vs MFA vs GPMT vs AGNC — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
FY 2025
FY 2018
Segment breakdown not available.
Segment breakdown not available.
Segment breakdown not available.
PMT vs MITT vs MFA vs GPMT vs AGNC — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
BEST OVERALLAGNCLAGGINGMITT
Who Leads Where
AGNC leads in 2 of 6 categories
GPMT leads 1 • MFA leads 1 • PMT leads 0 • MITT leads 0 • 2 tied
Explore the data ↓MITTTPG Mortgage Investme…
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PMTPennyMac Mortgage Inv…
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GPMTGranite Point Mortgag…
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MFAMFA Financial, Inc.
1leads
AGNCAGNC Investment Corp.
2leads
6 Total Categories
CATEGORYLEADERvs MFAvs GPMTMETRICS WON
Income & Cash FlowRevenue, margins, and cash flow strength
AGNC6/6
Valuation MetricsMultiples, price ratios, and targets
GPMT3/6
Profitability & EfficiencyROE, ROIC, leverage, and quality scores
AGNC4/9
Total Returns1Y, 3Y, 5Y total returns with dividends
Tied
—
Risk & VolatilityBeta, volatility, and downside exposure
Tied
—
Analyst OutlookRatings, price targets, and dividends
MFA2/2
Income & Cash Flow (Last 12 Months)
AGNC leads this category, winning 6 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
AGNC is the larger business by revenue, generating $3.5B annually — 26.3x GPMT's $132M. AGNC is the more profitable business, keeping 24.2% of every revenue dollar as net income compared to GPMT's -30.5%. On growth, AGNC holds the edge at +2.5% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | PMTPennyMac Mortgage… | MITTTPG Mortgage Inve… | MFAMFA Financial, In… | GPMTGranite Point Mor… | AGNCAGNC Investment C… |
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $957M | $493M | $650M | $132M | $3.5B |
| EBITDAEarnings before interest/tax | $342M | $457M | $268M | -$8M | $3.7B |
| Net IncomeAfter-tax profit | $132M | $34M | $135M | -$40M | $838M |
| Free Cash FlowCash after capex | -$9.1B | $68M | $91M | $463,000 | $604M |
| Gross MarginGross profit ÷ Revenue | +49.5% | +94.2% | +59.3% | +47.3% | +100.0% |
| Operating MarginEBIT ÷ Revenue | +35.7% | +93.3% | +41.0% | -4.3% | +107.1% |
| Net MarginNet income ÷ Revenue | +13.8% | +6.8% | +20.7% | -30.5% | +24.2% |
| FCF MarginFCF ÷ Revenue | -9.6% | +13.8% | +14.0% | +0.4% | +17.5% |
| Rev. Growth (YoY)Latest quarter vs prior year | -98.2% | +20.9% | +118.9% | +157.8% | +2.5% |
| EPS Growth (YoY)Latest quarter vs prior year | — | -2.3% | -103.0% | +40.9% | +84.6% |
AGNC leads this category, winning 6 of 6 comparable metrics.
Valuation Metrics
GPMT leads this category, winning 3 of 6 comparable metrics.
Valuation Metrics
At 5.8x trailing earnings, MFA trades at a 50% valuation discount to AGNC's 11.5x P/E. On an enterprise value basis, AGNC's 2.4x EV/EBITDA is more attractive than PMT's 210.9x.
| Metric | PMTPennyMac Mortgage… | MITTTPG Mortgage Inve… | MFAMFA Financial, In… | GPMTGranite Point Mor… | AGNCAGNC Investment C… |
|---|---|---|---|---|---|
| Market CapShares × price | $963M | $249M | $995M | $74M | $9.6B |
| Enterprise ValueMkt cap + debt − cash | $19.8B | $8.3B | $11.8B | $1.2B | $9.2B |
| Trailing P/EPrice ÷ TTM EPS | 11.18x | 8.71x | 5.80x | -1.34x | 11.53x |
| Forward P/EPrice ÷ next-FY EPS est. | 7.10x | 7.20x | 7.11x | — | 6.87x |
| PEG RatioP/E ÷ EPS growth rate | 0.38x | — | — | — | — |
| EV / EBITDAEnterprise value multiple | 210.89x | 18.25x | 17.07x | 20.75x | 2.42x |
| Price / SalesMarket cap ÷ Revenue | 0.94x | 0.53x | 1.14x | 0.51x | 1.97x |
| Price / BookPrice ÷ Book value/share | 0.51x | 0.43x | 0.56x | 0.13x | 0.86x |
| Price / FCFMarket cap ÷ FCF | — | 4.18x | 13.06x | 27.85x | 111.86x |
GPMT leads this category, winning 3 of 6 comparable metrics.
Profitability & Efficiency
AGNC leads this category, winning 4 of 9 comparable metrics.
Profitability & Efficiency
MFA delivers a 7.4% return on equity — every $100 of shareholder capital generates $7 in annual profit, vs $-7 for GPMT. AGNC carries lower financial leverage with a 0.01x debt-to-equity ratio, signaling a more conservative balance sheet compared to MITT's 14.45x. On the Piotroski fundamental quality scale (0–9), GPMT scores 6/9 vs MITT's 3/9, reflecting solid financial health.
| Metric | PMTPennyMac Mortgage… | MITTTPG Mortgage Inve… | MFAMFA Financial, In… | GPMTGranite Point Mor… | AGNCAGNC Investment C… |
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | +7.1% | +6.1% | +7.4% | -7.1% | +7.3% |
| ROA (TTM)Return on assets | +0.7% | +0.4% | +1.1% | -2.3% | +0.8% |
| ROICReturn on invested capital | +0.4% | +4.5% | +4.4% | +2.6% | +34.0% |
| ROCEReturn on capital employed | +0.9% | +6.5% | +5.8% | +4.6% | +4.9% |
| Piotroski ScoreFundamental quality 0–9 | 3 | 3 | 5 | 6 | 5 |
| Debt / EquityFinancial leverage | 10.12x | 14.45x | 6.01x | 2.12x | 0.01x |
| Net DebtTotal debt minus cash | $18.8B | $8.0B | $10.8B | $1.1B | -$441M |
| Cash & Equiv.Liquid assets | $272M | $76M | $213M | $66M | $505M |
| Total DebtShort + long-term debt | $19.1B | $8.1B | $11.0B | $1.2B | $64M |
| Interest CoverageEBIT ÷ Interest expense | 0.11x | 1.12x | 1.34x | 0.58x | 1.32x |
AGNC leads this category, winning 4 of 9 comparable metrics.
Total Returns (Dividends Reinvested)
Evenly matched — MITT and MFA each lead in 2 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in MFA five years ago would be worth $9,942 today (with dividends reinvested), compared to $3,472 for GPMT. Over the past 12 months, AGNC leads with a +39.4% total return vs GPMT's -19.7%. The 3-year compound annual growth rate (CAGR) favors MITT at 23.4% vs GPMT's -13.1% — a key indicator of consistent wealth creation.
| Metric | PMTPennyMac Mortgage… | MITTTPG Mortgage Inve… | MFAMFA Financial, In… | GPMTGranite Point Mor… | AGNCAGNC Investment C… |
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | -9.3% | -5.6% | +6.1% | -32.5% | +2.5% |
| 1-Year ReturnPast 12 months | +0.2% | +29.0% | +19.2% | -19.7% | +39.4% |
| 3-Year ReturnCumulative with dividends | +35.9% | +87.9% | +34.1% | -34.3% | +58.3% |
| 5-Year ReturnCumulative with dividends | -2.0% | -3.5% | -0.6% | -65.3% | -2.2% |
| 10-Year ReturnCumulative with dividends | +99.1% | -16.9% | +7.8% | -50.0% | +46.9% |
| CAGR (3Y)Annualised 3-year return | +10.8% | +23.4% | +10.3% | -13.1% | +16.5% |
Evenly matched — MITT and MFA each lead in 2 of 6 comparable metrics.
Risk & Volatility
Evenly matched — PMT and MFA each lead in 1 of 2 comparable metrics.
Risk & Volatility
PMT is the less volatile stock with a 0.71 beta — it tends to amplify market swings less than GPMT's 1.44 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. MFA currently trades 92.2% from its 52-week high vs GPMT's 49.7% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | PMTPennyMac Mortgage… | MITTTPG Mortgage Inve… | MFAMFA Financial, In… | GPMTGranite Point Mor… | AGNCAGNC Investment C… |
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.71x | 0.90x | 0.77x | 1.44x | 0.74x |
| 52-Week HighHighest price in past year | $13.81 | $9.27 | $10.57 | $3.12 | $12.19 |
| 52-Week LowLowest price in past year | $10.91 | $6.52 | $8.78 | $1.24 | $8.65 |
| % of 52W HighCurrent price vs 52-week peak | +80.2% | +84.6% | +92.2% | +49.7% | +87.9% |
| RSI (14)Momentum oscillator 0–100 | 33.2 | 50.5 | 43.8 | 49.4 | 52.1 |
| Avg Volume (50D)Average daily shares traded | 1.1M | 277K | 1.4M | 154K | 18.2M |
Evenly matched — PMT and MFA each lead in 1 of 2 comparable metrics.
Analyst Outlook
MFA leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: PMT as "Buy", MITT as "Buy", MFA as "Hold", GPMT as "Hold", AGNC as "Hold". Consensus price targets imply 61.3% upside for GPMT (target: $3) vs 3.8% for AGNC (target: $11). For income investors, MFA offers the higher dividend yield at 18.36% vs MITT's 10.04%.
| Metric | PMTPennyMac Mortgage… | MITTTPG Mortgage Inve… | MFAMFA Financial, In… | GPMTGranite Point Mor… | AGNCAGNC Investment C… |
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Hold | Hold | Hold |
| Price TargetConsensus 12-month target | $15.00 | $9.63 | $10.25 | $2.50 | $11.13 |
| # AnalystsCovering analysts | 26 | 18 | 22 | 12 | 35 |
| Dividend YieldAnnual dividend ÷ price | +14.5% | +10.0% | +18.4% | +14.0% | +14.7% |
| Dividend StreakConsecutive years of raises | 0 | 1 | 1 | 0 | 0 |
| Dividend / ShareAnnual DPS | $1.60 | $0.79 | $1.79 | $0.22 | $1.58 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% | +1.5% | +7.6% | 0.0% |
MFA leads this category, winning 2 of 2 comparable metrics.
Key Takeaway
AGNC leads in 2 of 6 categories (Income & Cash Flow, Profitability & Efficiency). GPMT leads in 1 (Valuation Metrics). 2 tied.
Best OverallAGNC Investment Corp. (AGNC)Leads 2 of 6 categories
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PMT vs MITT vs MFA vs GPMT vs AGNC: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is PMT or MITT or MFA or GPMT or AGNC a better buy right now?
For growth investors, AGNC Investment Corp.
(AGNC) is the stronger pick with 384. 7% revenue growth year-over-year, versus 14. 4% for TPG Mortgage Investment Trust Inc (MITT). MFA Financial, Inc. (MFA) offers the better valuation at 5. 8x trailing P/E (7. 1x forward), making it the more compelling value choice. Analysts rate PennyMac Mortgage Investment Trust (PMT) a "Buy" — based on 26 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — PMT or MITT or MFA or GPMT or AGNC?
On trailing P/E, MFA Financial, Inc.
(MFA) is the cheapest at 5. 8x versus AGNC Investment Corp. at 11. 5x. On forward P/E, AGNC Investment Corp. is actually cheaper at 6. 9x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — PMT or MITT or MFA or GPMT or AGNC?
Over the past 5 years, MFA Financial, Inc.
(MFA) delivered a total return of -0. 6%, compared to -65. 3% for Granite Point Mortgage Trust Inc. (GPMT). Over 10 years, the gap is even starker: PMT returned +99. 1% versus GPMT's -50. 0%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — PMT or MITT or MFA or GPMT or AGNC?
By beta (market sensitivity over 5 years), PennyMac Mortgage Investment Trust (PMT) is the lower-risk stock at 0.
71β versus Granite Point Mortgage Trust Inc. 's 1. 44β — meaning GPMT is approximately 102% more volatile than PMT relative to the S&P 500. On balance sheet safety, AGNC Investment Corp. (AGNC) carries a lower debt/equity ratio of 1% versus 14% for TPG Mortgage Investment Trust Inc — giving it more financial flexibility in a downturn.
05Which is growing faster — PMT or MITT or MFA or GPMT or AGNC?
By revenue growth (latest reported year), AGNC Investment Corp.
(AGNC) is pulling ahead at 384. 7% versus 14. 4% for TPG Mortgage Investment Trust Inc (MITT). On earnings-per-share growth, the picture is similar: AGNC Investment Corp. grew EPS 1760% year-over-year, compared to -27. 7% for PennyMac Mortgage Investment Trust. Over a 3-year CAGR, AGNC leads at 26. 4% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — PMT or MITT or MFA or GPMT or AGNC?
MFA Financial, Inc.
(MFA) is the more profitable company, earning 20. 2% net margin versus -28. 3% for Granite Point Mortgage Trust Inc. — meaning it keeps 20. 2% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: MITT leads at 96. 9% versus 9. 1% for PMT. At the gross margin level — before operating expenses — AGNC leads at 100. 0%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is PMT or MITT or MFA or GPMT or AGNC more undervalued right now?
On forward earnings alone, AGNC Investment Corp.
(AGNC) trades at 6. 9x forward P/E versus 7. 2x for TPG Mortgage Investment Trust Inc — 0. 3x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for GPMT: 61. 3% to $2. 50.
08Which pays a better dividend — PMT or MITT or MFA or GPMT or AGNC?
All stocks in this comparison pay dividends.
MFA Financial, Inc. (MFA) offers the highest yield at 18. 4%, versus 10. 0% for TPG Mortgage Investment Trust Inc (MITT).
09Is PMT or MITT or MFA or GPMT or AGNC better for a retirement portfolio?
For long-horizon retirement investors, PennyMac Mortgage Investment Trust (PMT) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
71), 14. 5% yield). Both have compounded well over 10 years (PMT: +99. 1%, GPMT: -50. 0%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between PMT and MITT and MFA and GPMT and AGNC?
Both stocks operate in the Real Estate sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: PMT is a small-cap high-growth stock; MITT is a small-cap deep-value stock; MFA is a small-cap high-growth stock; GPMT is a small-cap high-growth stock; AGNC is a small-cap high-growth stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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Revenue Growth>
%
(PMT: -98.2% · MITT: 20.9%)Net Margin>
%
(PMT: 13.8% · MITT: 6.8%)P/E Ratio<
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