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. Shareholders of record on Friday, April 13th will be given a dividend of $0.47 per share on Friday, April 27th. This represents a $1.88 annualized dividend and a yield of 9.84%. The ex-dividend date of this dividend is Thursday, April 12th. View PennyMac Mortgage Investment Trust's Dividend History.

PennyMac Mortgage Investment Trust announced that its Board of Directors has initiated a stock repurchase plan on Thursday, December 21st 2017, which permits the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback plans are often a sign that the company's board believes its stock is undervalued.

PennyMac Mortgage Investment Trust (NYSE:PMT) announced its quarterly earnings data on Thursday, May, 3rd. The real estate investment trust reported $0.35 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.30 by $0.05. The real estate investment trust earned $75.67 million during the quarter, compared to analyst estimates of $80.20 million. PennyMac Mortgage Investment Trust had a net margin of 33.00% and a return on equity of 7.28%. During the same quarter 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 analysts have issued 1-year price targets for PennyMac Mortgage Investment Trust's shares. Their predictions range from $18.00 to $18.00. On average, they anticipate PennyMac Mortgage Investment Trust's share price to reach $18.00 in the next twelve months. View Analyst Ratings for PennyMac Mortgage Investment Trust.

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

News coverage about PMT stock has been trending somewhat positive on Saturday, Accern Sentiment Analysis reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. PennyMac Mortgage Investment Trust earned a media sentiment score of 0.13 on Accern's scale. They also assigned news articles about the real estate investment trust an impact score of 47.24 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

PennyMac Mortgage Investment Trust's stock is owned by a number of 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 acquired 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 $19.10.

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]