S&P 500   3,934.38
DOW   33,476.46
QQQ   282.04
Retirement Doesn't Have to Mean Golf Courses and Fishing — It Can Be Whatever You Want It to Be.
The 3-Stock Retirement Blueprint (Ad)
Can Pfizer, Johnson & Johnson Continue Outperforming the Index?
Costco vs Amazon: an end of the year showdown
The 3-Stock Retirement Blueprint (Ad)
There Is Fundamental Value In Broadcom, And It Yields 3.35% 
Closing prices for crude oil, gold and other commodities
🚨 [Strong Buy Alert] Is this laser stock in your portfolio? (Ad)
Discount Retailers Could Make Good Bargain Stocks
How major US stock indexes fared Friday 12/9/2022
S&P 500   3,934.38
DOW   33,476.46
QQQ   282.04
Retirement Doesn't Have to Mean Golf Courses and Fishing — It Can Be Whatever You Want It to Be.
The 3-Stock Retirement Blueprint (Ad)
Can Pfizer, Johnson & Johnson Continue Outperforming the Index?
Costco vs Amazon: an end of the year showdown
The 3-Stock Retirement Blueprint (Ad)
There Is Fundamental Value In Broadcom, And It Yields 3.35% 
Closing prices for crude oil, gold and other commodities
🚨 [Strong Buy Alert] Is this laser stock in your portfolio? (Ad)
Discount Retailers Could Make Good Bargain Stocks
How major US stock indexes fared Friday 12/9/2022
S&P 500   3,934.38
DOW   33,476.46
QQQ   282.04
Retirement Doesn't Have to Mean Golf Courses and Fishing — It Can Be Whatever You Want It to Be.
The 3-Stock Retirement Blueprint (Ad)
Can Pfizer, Johnson & Johnson Continue Outperforming the Index?
Costco vs Amazon: an end of the year showdown
The 3-Stock Retirement Blueprint (Ad)
There Is Fundamental Value In Broadcom, And It Yields 3.35% 
Closing prices for crude oil, gold and other commodities
🚨 [Strong Buy Alert] Is this laser stock in your portfolio? (Ad)
Discount Retailers Could Make Good Bargain Stocks
How major US stock indexes fared Friday 12/9/2022
S&P 500   3,934.38
DOW   33,476.46
QQQ   282.04
Retirement Doesn't Have to Mean Golf Courses and Fishing — It Can Be Whatever You Want It to Be.
The 3-Stock Retirement Blueprint (Ad)
Can Pfizer, Johnson & Johnson Continue Outperforming the Index?
Costco vs Amazon: an end of the year showdown
The 3-Stock Retirement Blueprint (Ad)
There Is Fundamental Value In Broadcom, And It Yields 3.35% 
Closing prices for crude oil, gold and other commodities
🚨 [Strong Buy Alert] Is this laser stock in your portfolio? (Ad)
Discount Retailers Could Make Good Bargain Stocks
How major US stock indexes fared Friday 12/9/2022
NYSE:PMT

PennyMac Mortgage Investment Trust - PMT Stock Forecast, Price & News

$14.71
-0.17 (-1.14%)
(As of 12/9/2022 12:00 AM ET)
Add
Compare
Today's Range
$14.69
▼
$14.97
50-Day Range
$11.25
▼
$15.43
52-Week Range
$10.78
▼
$18.67
Volume
464,646 shs
Average Volume
1.13 million shs
Market Capitalization
$1.31 billion
P/E Ratio
N/A
Dividend Yield
12.63%
Price Target
$16.57

PennyMac Mortgage Investment Trust MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
12.7% Upside
$16.57 Price Target
Short Interest
Bearish
5.30% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.18mentions of PennyMac Mortgage Investment Trust in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.82) to $1.57 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.91 out of 5 stars

Finance Sector

723rd out of 889 stocks

Real Estate Investment Trusts Industry

157th out of 191 stocks

See Top Rated MarketRank™ Stocks Here
PMT stock logo

About PennyMac Mortgage Investment Trust (NYSE:PMT) Stock

PennyMac Mortgage Investment Trust, a specialty finance company, primarily invests in mortgage-related assets in the United States. The company's Credit Sensitive Strategies segment invests in credit risk transfer (CRT) agreements, CRT securities, distressed loans, real estate, and non-agency subordinated bonds. Its Interest Rate Sensitive Strategies segment engages in investing in mortgage servicing rights, excess servicing spreads, and agency and senior non-agency mortgage-backed securities (MBS), as well as related interest rate hedging activities. The company's Correspondent Production segment is involved in purchasing, pooling, and reselling newly originated prime credit residential loans directly or in the form of MBS. PNMAC Capital Management, LLC acts as the manager of PennyMac Mortgage Investment Trust. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its shareholders. PennyMac Mortgage Investment Trust was founded in 2009 and is headquartered in Westlake Village, California.

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PMT Stock News Headlines

December 3, 2022 | americanbankingnews.com
PennyMac Mortgage Investment Trust (NYSE:PMT) Rating Lowered to Hold at Jonestrading
December 2, 2022 | msn.com
PennyMac Mortgage's Return On Capital Employed Insights
November 17, 2022 | finance.yahoo.com
PennyMac Mortgage Investment Trust Declares Fourth Quarter 2022 Dividends for Its Preferred Shares
November 8, 2022 | finance.yahoo.com
PennyMac Mortgage Investment Trust Third Quarter 2022 Earnings: Revenues Beat Expectations, EPS Lags
October 30, 2022 | seekingalpha.com
PennyMac Mortgage Investment Trust (PMT) Q3 2022 Earnings Call Transcript
October 28, 2022 | seekingalpha.com
PennyMac Mortgage Investment Trust rises on Q3 revenue beat, rallied bond markets
October 27, 2022 | finance.yahoo.com
PennyMac Mortgage (PMT) Misses Q3 Earnings and Revenue Estimates
October 27, 2022 | finance.yahoo.com
PennyMac Mortgage Investment Trust Reports Third Quarter 2022 Results
October 20, 2022 | finance.yahoo.com
PennyMac Mortgage Investment Trust Announces Date for Release of Third Quarter 2022 Results
October 14, 2022 | finance.yahoo.com
PennyMac Mortgage Investment Trust (NYSE:PMT) shareholders have endured a 30% loss from investing in the stock three years ago
September 29, 2022 | nasdaq.com
Relative Strength Alert For Pennymac Mortgage Investment Trust
September 21, 2022 | finance.yahoo.com
PennyMac Mortgage Investment Trust Declares Third Quarter 2022 Dividend for Its Common Shares
September 20, 2022 | seekingalpha.com
PMT PennyMac Mortgage Investment Trust
September 14, 2022 | nasdaq.com
Top Buys by Directors: Spector's $274.2K Bet on PMT
September 11, 2022 | finance.yahoo.com
Trade Alert: The Chairman of the Board & CEO Of PennyMac Mortgage Investment Trust (NYSE:PMT), David Spector, Has Just Spent US$274k Buying 12% More Shares
September 7, 2022 | finance.yahoo.com
PennyMac Mortgage Investment Trust to Present at the 2022 Barclays Global Financial Services Conference
September 4, 2022 | fool.com
PennyMac Mortgage Investment Trust (NYSE: PMT)
August 29, 2022 | nasdaq.com
Pennymac Mortgage Investment Trust's 8.00% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Shares Ex-Dividend Reminder
August 15, 2022 | msn.com
Kevin O'Leary Says You Should Pay Off Your Mortgage Quickly. Here's How
August 3, 2022 | seekingalpha.com
PennyMac Mortgage Investment Trust (PMT) CEO David Spector on Q2 2022 Results - Earnings Call Transcript
August 3, 2022 | fool.com
PennyMac Mortgage Investment Trust (PMT) Q2 2022 Earnings Call Transcript
August 2, 2022 | finance.yahoo.com
PennyMac Mortgage (PMT) Reports Q2 Loss, Lags Revenue Estimates
August 2, 2022 | finance.yahoo.com
PennyMac Mortgage Investment Trust Reports Second Quarter 2022 Results
June 28, 2022 | seekingalpha.com
PennyMac Mortgage: Bearish Earnings Trend And Price Action, But Improving Profit Outlook
June 14, 2022 | nasdaq.com
Pennymac Mortgage Investment Trust Enters Oversold Territory
See More Headlines
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PMT Company Calendar

Last Earnings
2/03/2022
Ex-Dividend for 10/28 Dividend
10/13/2022
Dividend Payable
10/28/2022
Today
12/09/2022
Ex-Dividend for 1/27 Dividend
12/29/2022
Fiscal Year End
12/31/2022
Dividend Payable
1/27/2023
Next Earnings (Estimated)
2/02/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Real estate investment trusts
Sub-Industry
Mortgage REITs
Sector
Finance
Current Symbol
NYSE:PMT
CUSIP
70931T10
CIK
1464423
Web
www.pennymacmortgageinvestmenttrust.com
Phone
(818) 224-7028
Fax
818-936-0145
Employees
1
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$16.57
High Stock Price Forecast
$18.50
Low Stock Price Forecast
$15.00
Forecasted Upside/Downside
+12.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

EPS (Most Recent Fiscal Year)
($1.47)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$56.85 million
Net Margins
-34.65%
Pretax Margin
16.15%
Return on Equity
-6.47%
Return on Assets
-0.79%

Debt

Debt-to-Equity Ratio
1.35
Current Ratio
0.45
Quick Ratio
0.45

Sales & Book Value

Annual Sales
$420.30 million
Price / Sales
3.11
Cash Flow
$0.85 per share
Price / Cash Flow
17.24
Book Value
$18.82 per share
Price / Book
0.78

Miscellaneous

Outstanding Shares
88,928,000
Free Float
88,234,000
Market Cap
$1.31 billion
Optionable
Optionable
Beta
1.30

Key Executives

  • Mr. David A. Spector (Age 59)
    Chairman & CEO
  • Mr. Douglas Edward Jones (Age 65)
    Pres & Chief Mortgage Banking Officer
  • Mr. Daniel Stanley Perotti (Age 41)
    Sr. MD & CFO
  • Mr. Vandad Fartaj (Age 47)
    Sr. MD & Chief Investment Officer
  • Mr. Gregory L. Hendry (Age 61)
    Chief Accounting Officer
  • Mr. Kevin Chamberlain
    Exec. VP of Investor Relations
  • Mr. Derek W. Stark J.D. (Age 54)
    Sr. MD, Chief Legal Officer & Sec.
  • Ms. Anne D. McCallion (Age 67)
    Sr. MD & Chief Enterprise Operations Officer
  • Mr. Jeffrey P. Grogin (Age 62)
    Sr. Managing Director of Gov. Relations
  • Mr. Steven Richard Bailey (Age 60)
    Sr. MD & Chief Mortgage Operations Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













PMT Stock - Frequently Asked Questions

Should I buy or sell PennyMac Mortgage Investment Trust stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PennyMac Mortgage Investment Trust in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" PMT shares.
View PMT analyst ratings or view top-rated stocks.

What is PennyMac Mortgage Investment Trust's stock price forecast for 2023?

6 equities research analysts have issued 12 month price targets for PennyMac Mortgage Investment Trust's shares. Their PMT share price forecasts range from $15.00 to $18.50. On average, they predict the company's stock price to reach $16.57 in the next year. This suggests a possible upside of 12.7% from the stock's current price.
View analysts price targets for PMT or view top-rated stocks among Wall Street analysts.

How have PMT shares performed in 2022?

PennyMac Mortgage Investment Trust's stock was trading at $17.33 at the start of the year. Since then, PMT shares have decreased by 15.1% and is now trading at $14.71.
View the best growth stocks for 2022 here.

When is PennyMac Mortgage Investment Trust's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 2nd 2023.
View our PMT earnings forecast.

How were PennyMac Mortgage Investment Trust's earnings last quarter?

PennyMac Mortgage Investment Trust (NYSE:PMT) announced its earnings results on Thursday, February, 3rd. The real estate investment trust reported ($0.28) earnings per share for the quarter, missing analysts' consensus estimates of $0.49 by $0.77. PennyMac Mortgage Investment Trust had a negative net margin of 34.65% and a negative trailing twelve-month return on equity of 6.47%. During the same period in the prior year, the firm posted $0.78 EPS.

How often does PennyMac Mortgage Investment Trust pay dividends? What is the dividend yield for PennyMac Mortgage Investment Trust?

PennyMac Mortgage Investment Trust declared a quarterly dividend on Wednesday, December 7th. Investors of record on Friday, December 30th will be paid a dividend of $0.40 per share on Friday, January 27th. This represents a $1.60 dividend on an annualized basis and a yield of 10.88%. The ex-dividend date of this dividend is Thursday, December 29th.
Read our dividend analysis for PMT.

Is PennyMac Mortgage Investment Trust a good dividend stock?

PennyMac Mortgage Investment Trust (NYSE:PMT) pays an annual dividend of $1.88 per share and currently has a dividend yield of 12.63%. PMT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for PMT.

What other stocks do shareholders of PennyMac Mortgage Investment Trust own?

Based on aggregate information from My MarketBeat watchlists, some companies that other PennyMac Mortgage Investment Trust investors own include New Residential Investment (NRZ), Energy Transfer (ET), AT&T (T), Enterprise Products Partners (EPD), New York Mortgage Trust (NYMT), Annaly Capital Management (NLY), Prospect Capital (PSEC), AGNC Investment (AGNC), Invesco Mortgage Capital (IVR) and Main Street Capital (MAIN).

What is PennyMac Mortgage Investment Trust's stock symbol?

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

Who are PennyMac Mortgage Investment Trust's major shareholders?

PennyMac Mortgage Investment Trust's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (17.89%), Vanguard Group Inc. (11.62%), State Street Corp (3.93%), Pacer Advisors Inc. (1.60%), Bank of New York Mellon Corp (1.19%) and Bank of New York Mellon Corp (1.19%). Insiders that own company stock include David Spector, Doug Jones, Frank P Willey, Marianne Sullivan, Paul Dufauchard Jr Preston, Scott W Carnahan, Scott W Carnahan, Stacey D Stewart and Sullivan Marianne.
View institutional ownership trends.

How do I buy shares of PennyMac Mortgage Investment Trust?

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

What is PennyMac Mortgage Investment Trust's stock price today?

One share of PMT stock can currently be purchased for approximately $14.71.

How much money does PennyMac Mortgage Investment Trust make?

PennyMac Mortgage Investment Trust (NYSE:PMT) has a market capitalization of $1.31 billion and generates $420.30 million in revenue each year. The real estate investment trust earns $56.85 million in net income (profit) each year or ($1.47) on an earnings per share basis.

How can I contact PennyMac Mortgage Investment Trust?

PennyMac Mortgage Investment Trust's mailing address is 3043 Townsgate Road, Westlake Village CA, 91361. The official website for the company is www.pennymacmortgageinvestmenttrust.com. The real estate investment trust can be reached via phone at (818) 224-7028, via email at investorrelations@pnmac.com, or via fax at 818-936-0145.

This page (NYSE:PMT) was last updated on 12/10/2022 by MarketBeat.com Staff