NYSE:PMT - PennyMac Mortgage Investment Trust Stock Price, Price Target & More

PennyMac Mortgage Investment Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "PMT."

PennyMac Mortgage Investment Trust declared a quarterly dividend on Thursday, March 29th. Stockholders of record on Friday, April 13th will be paid a dividend of $0.47 per share on Friday, April 27th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 9.81%. The ex-dividend date of this dividend is Thursday, April 12th. View PennyMac Mortgage Investment Trust's Dividend History.

PennyMac Mortgage Investment Trust declared that its Board of Directors has approved a stock repurchase plan on Thursday, December 21st 2017, which permits the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board believes its shares are undervalued.

PennyMac Mortgage Investment Trust (NYSE:PMT) posted its earnings results on Thursday, May, 3rd. The real estate investment trust reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.05. The real estate investment trust earned $75.67 million during the quarter, compared to analysts' expectations of $80.20 million. PennyMac Mortgage Investment Trust had a return on equity of 7.28% and a net margin of 33.00%. During the same period in the previous year, the firm earned $0.47 EPS. View PennyMac Mortgage Investment Trust's Earnings History.

PennyMac Mortgage Investment Trust is scheduled to release their next quarterly earnings announcement on Thursday, August, 2nd 2018. View Earnings Estimates for PennyMac Mortgage Investment Trust.

1 equities research analysts have issued 1 year price targets for PennyMac Mortgage Investment Trust's shares. Their forecasts range from $18.00 to $18.00. On average, they expect PennyMac Mortgage Investment Trust's stock price to reach $18.00 in the next year. View Analyst Ratings for PennyMac Mortgage Investment Trust.

Some companies that are related to PennyMac Mortgage Investment Trust include Hospitality Properties Trust (HPT), JBG SMITH Properties (JBGS), Gramercy Property Trust (GPT), Life Storage (LSI), Ryman Hospitality Properties (RHP), Apple Hospitality REIT (APLE), Senior Housing Properties Trust (SNH), First Industrial Realty Trust (FR), Cousins Properties (CUZ), Uniti Group (UNIT), RLJ Lodging Trust (RLJ), Weingarten Realty Investors (WRI), LaSalle Hotel Properties (LHO), Sabra Health Care REIT (SBRA) and Equity Commonwealth (EQC).

News coverage about PMT stock has been trending positive on Friday, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. PennyMac Mortgage Investment Trust earned a news impact score of 0.26 on Accern's scale. They also assigned headlines about the real estate investment trust an impact score of 46.39 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

PennyMac Mortgage Investment Trust's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (15.85%), Thornburg Investment Management Inc. (4.22%), UBS Group AG (3.18%), LSV Asset Management (2.26%), Citigroup Inc. (1.85%) and Global X Management Co. LLC (1.67%). Company insiders that own PennyMac Mortgage Investment Trust stock include Andrew S Chang, David M Walker, David Spector, Doug Jones, Gregory L Hendry, Jeffrey Grogin, Marianne Sullivan, Paul Dufauchard Jr Preston, Scott W Carnahan, Steven Richard Bailey and Vandad Fartaj. View Institutional Ownership Trends for PennyMac Mortgage Investment Trust.

PMT stock was sold by a variety of institutional investors in the last quarter, including Global X Management Co. LLC, Citadel Advisors LLC, Barclays PLC, Wells Fargo & Company MN, UBS Group AG, LSV Asset Management, Stifel Financial Corp and Van ECK Associates Corp. Company insiders that have sold PennyMac Mortgage Investment Trust company stock in the last year include Andrew S Chang, David M Walker, David Spector, Doug Jones, Gregory L Hendry, Paul Dufauchard Jr Preston, Steven Richard Bailey and Vandad Fartaj. View Insider Buying and Selling for PennyMac Mortgage Investment Trust.

PMT stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Principal Financial Group Inc., Principal Financial Group Inc., Thornburg Investment Management Inc., Algebris UK Ltd, American Century Companies Inc., JPMorgan Chase & Co. and Rhumbline Advisers. Company insiders that have bought PennyMac Mortgage Investment Trust stock in the last two years include Marianne Sullivan and Scott W Carnahan. View Insider Buying and Selling for PennyMac Mortgage Investment Trust.

Shares of PMT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of PMT stock can currently be purchased for approximately $19.17.

PennyMac Mortgage Investment Trust has a market capitalization of $1.17 billion and generates $317.94 million in revenue each year. The real estate investment trust earns $117.74 million in net income (profit) each year or $1.30 on an earnings per share basis. PennyMac Mortgage Investment Trust employs 3 workers across the globe.

PennyMac Mortgage Investment Trust's mailing address is 3043 Townsgate Road, Westlake Village CA, 91361. The real estate investment trust can be reached via phone at 818-224-7442 or via email at [email protected]