PennyMac Mortgage Investment Trust (PMT) Stock Price, News & Analysis

Company Overview

PennyMac Mortgage Investment Trust (NYSE: PMT) is a publicly traded real estate investment trust (REIT) that primarily acquires and manages residential mortgage loans and mortgage-related assets. The company focuses on generating attractive risk-adjusted returns through investment in agency and non-agency residential mortgage pools, credit risk transfer securities, and residential mortgage whole loans. As a mortgage REIT, PennyMac Investment Trust seeks to capture both interest rate spread and potential price appreciation in its portfolio holdings.

Established with external management by PennyMac Financial Services, Inc., the trust leverages the sponsor’s mortgage servicing, underwriting and capital markets expertise. Its portfolio is weighted toward agency-guaranteed mortgage-backed securities issued by government-sponsored enterprises such as Fannie Mae, Freddie Mac and Ginnie Mae, while also allocating selectively to private-label residential mortgage assets. This diversified approach allows the company to balance yield enhancement with credit quality oversight.

The trust’s operations are concentrated in the United States residential mortgage market, where it benefits from the sponsor’s coast-to-coast origination and servicing footprint. PennyMac Mortgage Investment Trust seeks to capitalize on market dislocations, financing cost differentials and structural inefficiencies in borrowing markets. Through active portfolio management and hedging strategies, the company aims to deliver consistent dividend income to shareholders while preserving capital value.

As a component of the mortgage investment landscape, PennyMac Mortgage Investment Trust is one of several publicly traded REITs managed by PennyMac Financial Services. Its governance structure emphasizes risk management, regulatory compliance and alignment of interests between the external advisor and shareholders. The company’s ongoing strategy is to maintain portfolio liquidity, optimize leverage and navigate evolving interest-rate environments to support sustainable distributions.

Key Stats

• Today's Range: $10.33 to $10.87
• 50-Day Range: $9.86 to $12.20
• 52-Week Range: $9.83 to $13.81
• Volume: 4.88 million shs
• Average Volume: 1.21 million shs
• Market Capitalization: $941.32 million
• P/E Ratio: 9.39
• Dividend Yield: 14.82%
• Price Target: $12.80
• Consensus Rating: Hold

PennyMac Mortgage Investment Trust Stock Analysis - MarketRank™

PennyMac Mortgage Investment Trust scored higher than 87% of companies evaluated by MarketBeat, and ranked 194th out of 876 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Hold

Consensus Rating

PennyMac Mortgage Investment Trust has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no strong buy ratings, 2 buy ratings, 4 hold ratings, and 2 sell ratings.

Upside Potential

PennyMac Mortgage Investment Trust has a consensus price target of $12.80, representing about 18.6% upside from its current price of $10.80.

Amount of Analyst Coverage

PennyMac Mortgage Investment Trust has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 5.0 / 5
• Proj. Earnings Growth: 20.66%

Earnings Growth

Earnings for PennyMac Mortgage Investment Trust are expected to grow by 20.66% in the coming year, from $1.21 to $1.46 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of PennyMac Mortgage Investment Trust is 9.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 40.22.

Price to Earnings Ratio vs. Sector

The P/E ratio of PennyMac Mortgage Investment Trust is 9.39, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 20.48.

Price to Earnings Growth Ratio

PennyMac Mortgage Investment Trust has a PEG Ratio of 0.65. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

PennyMac Mortgage Investment Trust has a P/B Ratio of 0.70. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

6.53% of the float of PennyMac Mortgage Investment Trust has been sold short.

Short Interest Ratio / Days to Cover

PennyMac Mortgage Investment Trust has a short interest ratio ("days to cover") of 5.71.

Change versus previous month

Short interest in PennyMac Mortgage Investment Trust has recently increased by 6.21%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

PennyMac Mortgage Investment Trust is a leading dividend payer. It pays a dividend yield of 15.22%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

PennyMac Mortgage Investment Trust does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of PennyMac Mortgage Investment Trust is 139.13%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, PennyMac Mortgage Investment Trust will have a dividend payout ratio of 109.59% in the coming year. This indicates that PennyMac Mortgage Investment Trust may not be able to sustain their current dividend.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

News Coverage This Week

MarketBeat has tracked 1 news article for PennyMac Mortgage Investment Trust this week, compared to 2 articles on an average week.

Search Interest

Only 10 people have searched for PMT on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

MarketBeat Follows

Only 5 people have added PennyMac Mortgage Investment Trust to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 0.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, PennyMac Mortgage Investment Trust insiders have not sold or bought any company stock.

Percentage Held by Insiders

0.92% of the stock of PennyMac Mortgage Investment Trust is held by insiders.

Percentage Held by Institutions

67.38% of the stock of PennyMac Mortgage Investment Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 4/24 Dividend: 4/09/2026
• Ex-Dividend for 4/24 Dividend: 4/09/2026
• Dividend Payable: 4/24/2026
• Last Earnings: 5/05/2026
• Today: 6/27/2026
• Record date for 7/24 Dividend: 7/09/2026
• Ex-Dividend for 7/24 Dividend: 7/09/2026
• Dividend Payable: 7/24/2026
• Next Earnings (Estimated): 7/28/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: REIT - MTGE TRUST
• Sub-Industry: Mortgage REITs
• Current Symbol: NYSE:PMT
• CIK: 1464423
• Web: www.pennymacmortgageinvestmenttrust.com
• Phone: (818) 224-7028
• Fax: 818-936-0145
• Employees: 4,900
• Year Founded: 2008

Price Target and Rating

• Average Price Target for PennyMac Mortgage Investment Trust: $12.80
• High Price Target: $15.00
• Low Price Target: $11.50
• Potential Upside/Downside: +18.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 8 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.15
• Trailing P/E Ratio: 9.39
• Forward P/E Ratio: 8.92
• P/E Growth: 0.65
• Net Income: $127.87 million
• Net Margins: 41.38%
• Pretax Margin: 36.80%
• Return on Equity: 10.71%
• Return on Assets: 0.72%

Debt

• Debt-to-Equity Ratio: 7.99
• Current Ratio: 1.39
• Quick Ratio: 1.39

Sales & Book Value

• Annual Sales: $307.46 million
• Price / Sales: 3.06
• Cash Flow: $1.75 per share
• Price / Cash Flow: 6.18
• Book Value: $15.47 per share
• Price / Book: 0.70

Miscellaneous

• Outstanding Shares: 87,200,000
• Free Float: 86,400,000
• Market Cap: $941.32 million
• Optionable: Optionable
• Beta: 1.15