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. Stockholders of record on Tuesday, December 31st will be paid 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 8.03%. The ex-dividend date of this dividend is Monday, December 30th. View PennyMac Mortgage Investment Trust's Dividend History.

PennyMac Mortgage Investment Trust (NYSE:PMT) released its earnings results on Thursday, February, 6th. The real estate investment trust reported $0.55 earnings per share for the quarter, topping analysts' consensus estimates of $0.54 by $0.01. The real estate investment trust earned $155.04 million during the quarter, compared to the consensus estimate 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 period last year, the firm posted $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 analysts have issued 12 month price targets for PennyMac Mortgage Investment Trust's shares. Their forecasts range from $21.00 to $24.00. On average, they expect PennyMac Mortgage Investment Trust's share price to reach $22.93 in the next twelve months. This suggests that the stock has a possible downside of 2.1%. 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.

Media stories about PMT stock have been trending very negative recently, according to InfoTrie Sentiment. The research group rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. PennyMac Mortgage Investment Trust earned a news sentiment score of -3.4 on InfoTrie's scale. They also gave news headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. 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 retail and institutional investors. Top institutional investors 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, Thornburg Investment Management Inc. and Principal Financial Group 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 $23.41.

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]