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 announced a quarterly dividend on Monday, December 23rd. Investors 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 annualized dividend and a yield of 8.15%. 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) announced its quarterly earnings data on Thursday, October, 31st. The real estate investment trust reported $0.71 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.51 by $0.20. The real estate investment trust had revenue of $130.76 million for the quarter, compared to analysts' expectations of $116.95 million. PennyMac Mortgage Investment Trust had a return on equity of 13.38% and a net margin of 50.13%. During the same quarter last year, the business posted $0.62 EPS. View PennyMac Mortgage Investment Trust's Earnings History.

PennyMac Mortgage Investment Trust is scheduled to release their next quarterly earnings announcement on Thursday, February 6th 2020. View Earnings Estimates for PennyMac Mortgage Investment Trust.

8 analysts have issued 1-year target prices for PennyMac Mortgage Investment Trust's stock. Their forecasts range from $21.00 to $24.00. On average, they anticipate PennyMac Mortgage Investment Trust's share price to reach $22.79 in the next year. This suggests that the stock has a possible downside of 1.2%. 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 headlines about PMT stock have trended somewhat negative on Monday, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. PennyMac Mortgage Investment Trust earned a news impact score of -1.4 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate 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), Colony Capital (CLNY), NY MTG TR INC/SH (NYMT), 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), Verizon Communications (VZ), Ares Capital (ARCC), AGNC Investment (AGNC), Cisco Systems (CSCO), Ladder Capital (LADR) and ANNALY CAP MGMT/SH (NLY).

PennyMac Mortgage Investment Trust's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Smith Graham & Co. Investment Advisors LP (0.38%), New York State Teachers Retirement System (0.09%), State of Alaska Department of Revenue (0.07%), Nisa Investment Advisors LLC (0.07%), Arizona State Retirement System (0.07%) and Campbell & CO Investment Adviser LLC (0.05%). 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 Arizona State Retirement System, Smith Graham & Co. Investment Advisors LP and Louisiana State Employees Retirement System. Company insiders that have sold PennyMac Mortgage Investment Trust company stock in the last year include David Spector, Doug Jones, Jeffrey Grogin and Scott W Carnahan. 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 Campbell & CO Investment Adviser LLC, Diversified Trust Co, State of Alaska Department of Revenue, New York State Teachers Retirement System, Nisa Investment Advisors LLC, Wedbush Securities Inc., NEXT Financial Group Inc and Zurcher Kantonalbank Zurich Cantonalbank . 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 $23.07.

PennyMac Mortgage Investment Trust has a market capitalization of $2.31 billion and generates $351.07 million in revenue each year. The real estate investment trust earns $152.80 million in net income (profit) each year or $1.99 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]