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

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 Monday, December 23rd. Investors of record on Tuesday, December 31st will be given a dividend of $0.47 per share on Thursday, January 30th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 8.01%. The ex-dividend date is Monday, December 30th. View PennyMac Mortgage Investment Trust's Dividend History.

PennyMac Mortgage Investment Trust (NYSE:PMT) released its quarterly earnings results on Thursday, February, 6th. The real estate investment trust reported $0.55 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.54 by $0.01. The real estate investment trust earned $155.04 million during the quarter, compared to analyst estimates of $133.35 million. PennyMac Mortgage Investment Trust had a net margin of 46.31% and a return on equity of 12.68%. During the same quarter last year, the company earned $0.63 earnings per share. View PennyMac Mortgage Investment Trust's Earnings History.

PennyMac Mortgage Investment Trust is scheduled to release their next quarterly earnings announcement on Thursday, May 7th 2020. View Earnings Estimates for PennyMac Mortgage Investment Trust.

8 brokerages have issued 12 month target prices for PennyMac Mortgage Investment Trust's shares. Their forecasts range from $21.00 to $24.00. On average, they anticipate PennyMac Mortgage Investment Trust's share price to reach $22.93 in the next year. This suggests that the stock has a possible downside of 2.3%. View Analyst Price Targets for PennyMac Mortgage Investment Trust.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PennyMac Mortgage Investment Trust in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for PennyMac Mortgage Investment Trust.

Headlines about PMT stock have been trending negative on Thursday, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. PennyMac Mortgage Investment Trust earned a media sentiment score of -2.9 on InfoTrie's scale. They also assigned media stories about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for PennyMac Mortgage Investment Trust.

Some companies that are related to PennyMac Mortgage Investment Trust include ANNALY CAP MGMT/SH (NLY), AGNC Investment (AGNC), Starwood Property Trust (STWD), Two Harbors Investment (TWO), CHIMERA INVT CO/SH NEW (CIM), MFA FINL INC/SH (MFA), Apollo Commercial Real Est. Finance (ARI), Invesco Mortgage Capital (IVR), NY MTG TR INC/SH (NYMT), Colony Capital (CLNY), Redwood Trust (RWT), ARMOUR Residential REIT (ARR), Ready Capital (RC), CAPSTEAD MTG CO/SH (CMO) and Western Asset Mortgage Capital (WMC).

Based on aggregate information from My MarketBeat watchlists, some companies that other PennyMac Mortgage Investment Trust investors own include New Residential Investment (NRZ), AT&T (T), Enterprise Products Partners (EPD), Energy Transfer LP Unit (ET), Ares Capital (ARCC), AGNC Investment (AGNC), Verizon Communications (VZ), NY MTG TR INC/SH (NYMT), ARBOR RLTY TR I/SH (ABR) and ANNALY CAP MGMT/SH (NLY).

PennyMac Mortgage Investment Trust's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include State Street Corp (2.94%), Goldman Sachs Group Inc. (2.79%), UBS Group AG (1.92%), Thornburg Investment Management Inc. (1.84%), LSV Asset Management (1.60%) and Renaissance Technologies LLC (1.36%). 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, Stacey D Stewart, 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 Marshall Wace LLP, UBS Group AG, Acadian Asset Management LLC, Mackay Shields LLC, Panagora Asset Management Inc., First Trust Advisors LP, SG Americas Securities LLC and Chicago Equity Partners LLC. Company insiders that have sold PennyMac Mortgage Investment Trust company stock in the last year include David Spector, Doug Jones, Jeffrey Grogin, Scott W Carnahan and Stacey D Stewart. View Insider Buying and Selling for PennyMac Mortgage Investment Trust.

PMT stock was acquired by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Renaissance Technologies LLC, Laurion Capital Management LP, LSV Asset Management, Alliancebernstein L.P., State Street Corp, Geode Capital Management LLC and Thornburg Investment Management Inc.. 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, Robinhood, Fidelity and Charles Schwab.

One share of PMT stock can currently be purchased for approximately $23.48.

PennyMac Mortgage Investment Trust has a market capitalization of $2.35 billion and generates $488.82 million in revenue each year. The real estate investment trust earns $226.36 million in net income (profit) each year or $2.42 on an earnings per share basis. PennyMac Mortgage Investment Trust employs 3 workers across the globe.View Additional Information About PennyMac Mortgage Investment Trust.

The official website for PennyMac Mortgage Investment Trust is http://www.pennymacmortgageinvestmenttrust.com/.

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]