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

Company Overview

PennyMac Mortgage Investment Trust (NYSE: PMT) is a mortgage real estate investment trust that invests primarily in residential mortgage loans and mortgage-related assets. The company seeks to generate income through investments tied to the U.S. residential mortgage market, including credit-sensitive and interest-rate-sensitive assets.

PMT’s business activities include acquiring and managing mortgage loans, mortgage-backed securities and related investments. Through its correspondent production strategy, the trust invests in newly originated residential mortgage loans purchased from correspondent lenders. Its credit-sensitive strategies include investments in mortgage credit risk, while its interest-rate-sensitive strategies focus on assets such as mortgage servicing rights and other instruments affected by changes in interest rates.

The trust was organized in 2009 and is externally managed by PNMAC Capital Management LLC, an affiliate of PennyMac Financial Services, Inc. PMT’s investments and operations are focused primarily on the U.S. residential housing and mortgage finance markets.

Key Stats

• Today's Range: $7.35 to $7.55
• 50-Day Range: $6.75 to $9.66
• 52-Week Range: $6.70 to $13.81
• Volume: 5.17 million shs
• Average Volume: 2.91 million shs
• Market Capitalization: $653.13 million
• P/E Ratio: 16.28
• Dividend Yield: 21.36%
• Price Target: $10.92
• Consensus Rating: Hold

PennyMac Mortgage Investment Trust Stock Analysis - MarketRank™

PennyMac Mortgage Investment Trust scored higher than 99% of companies evaluated by MarketBeat, and ranked 16th out of 862 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: 4.1 / 5
• Analyst Rating: Hold

Consensus Rating

PennyMac Mortgage Investment Trust has received a consensus rating of Hold. The company's average rating score is 2.22, and is based on no strong buy ratings, 3 buy ratings, 5 hold ratings, and 1 sell rating.

Upside Potential

PennyMac Mortgage Investment Trust has a consensus price target of $10.92, representing about 45.7% upside from its current price of $7.49.

Amount of Analyst Coverage

PennyMac Mortgage Investment Trust has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 5.0 / 5
• Proj. Earnings Growth: 30.10%

Earnings Growth

Earnings for PennyMac Mortgage Investment Trust are expected to grow by 30.10% in the coming year, from $1.03 to $1.34 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of PennyMac Mortgage Investment Trust is 16.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 27.05.

Price to Earnings Ratio vs. Sector

The P/E ratio of PennyMac Mortgage Investment Trust is 16.28, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 20.98.

Price to Earnings Growth Ratio

PennyMac Mortgage Investment Trust has a PEG Ratio of 0.42. 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 0.48. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

13.82% 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 3.64, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in PennyMac Mortgage Investment Trust has recently increased by 4.59%, indicating that investor sentiment is decreasing.

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 21.68%, 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 347.83%. 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 119.40% 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: 3.8 / 5
• News Sentiment: 1.02

News Sentiment

PennyMac Mortgage Investment Trust has a news sentiment score of 1.02. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.65 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 18 news articles for PennyMac Mortgage Investment Trust this week, compared to 2 articles on an average week.

Search Interest

7 people have searched for PMT on MarketBeat in the last 30 days. This is an increase of 250% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added PennyMac Mortgage Investment Trust to their MarketBeat watchlist in the last 30 days. This is a decrease of -60% compared to the previous 30 days.

Company Ownership

• Score: 1.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, PennyMac Mortgage Investment Trust insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $64,766.00 in company stock.

Percentage Held by Insiders

1.00% 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 10/23 Dividend: 10/08/2026
• Ex-Dividend for 10/23 Dividend: 10/08/2026
• Dividend Payable: 10/23/2026
• Last Earnings: 10/29/2026
• Today: 10/31/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Mortgage Real Estate Investment Trusts (REITs)
• Sub-Industry: Mortgage REITs
• Current Symbol: NYSE:PMT
• CIK: 1464423
• Web: www.pennymacmortgageinvestmenttrust.com
• Phone: (818) 224-7442
• Fax: 818-936-0145
• Employees: 7
• Year Founded: 2008

Price Target and Rating

• Average Price Target for PennyMac Mortgage Investment Trust: $10.92
• High Price Target: $12.50
• Low Price Target: $9.00
• Potential Upside/Downside: +45.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.22
• Research Coverage: 9 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.46
• Trailing P/E Ratio: 16.28
• Forward P/E Ratio: 7.27
• P/E Growth: 0.42
• Net Income: $127.87 million
• Net Margins: 29.15%
• Pretax Margin: 36.45%
• Return on Equity: 11.22%
• Return on Assets: 0.65%

Debt

• Debt-to-Equity Ratio: 9.18
• Current Ratio: 1.46
• Quick Ratio: 1.46

Sales & Book Value

• Annual Sales: $307.46 million
• Price / Sales: 2.12
• Cash Flow: $1.73 per share
• Price / Cash Flow: 4.34
• Book Value: $15.47 per share
• Price / Book: 0.48

Miscellaneous

• Outstanding Shares: 87,200,000
• Free Float: 86,330,000
• Market Cap: $653.13 million
• Optionable: Optionable
• Beta: 1.20