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DOW   29,225.61
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Wall Street drops back to lowest since 2020 as fear returns
The NEW US – RUSSIA COLD WAR (Ad)
Are Smucker & Hostess Buys As Consumers Focus On Food Purchases?
NATO believes Baltic Sea gas leaks were sabotage
S&P 500   3,640.47
DOW   29,225.61
QQQ   271.87
As a Black Woman in Business for 2 Decades, Here's How I've Learned to Navigate Microaggressions and Racism in Networking
The NEW US – RUSSIA COLD WAR (Ad)
2 Casino Stocks Worth Taking a Look At
This Small-Cap Healthcare Name Is Outperforming Its Index
The NEW US – RUSSIA COLD WAR (Ad)
What Cintas Can Teach Investors About This Bear Market?
Wall Street drops back to lowest since 2020 as fear returns
The NEW US – RUSSIA COLD WAR (Ad)
Are Smucker & Hostess Buys As Consumers Focus On Food Purchases?
NATO believes Baltic Sea gas leaks were sabotage
S&P 500   3,640.47
DOW   29,225.61
QQQ   271.87
As a Black Woman in Business for 2 Decades, Here's How I've Learned to Navigate Microaggressions and Racism in Networking
The NEW US – RUSSIA COLD WAR (Ad)
2 Casino Stocks Worth Taking a Look At
This Small-Cap Healthcare Name Is Outperforming Its Index
The NEW US – RUSSIA COLD WAR (Ad)
What Cintas Can Teach Investors About This Bear Market?
Wall Street drops back to lowest since 2020 as fear returns
The NEW US – RUSSIA COLD WAR (Ad)
Are Smucker & Hostess Buys As Consumers Focus On Food Purchases?
NATO believes Baltic Sea gas leaks were sabotage
NYSE:PMT

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

$12.08
-1.07 (-8.14%)
(As of 09/29/2022 12:00 AM ET)
Add
Compare
Today's Range
$11.90
$12.99
50-Day Range
$12.08
$15.71
52-Week Range
$11.64
$20.72
Volume
2.15 million shs
Average Volume
1.12 million shs
Market Capitalization
$1.09 billion
P/E Ratio
N/A
Dividend Yield
14.30%
Price Target
$17.91

PennyMac Mortgage Investment Trust MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
48.2% Upside
$17.91 Price Target
Short Interest
Bearish
5.23% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.35mentions of PennyMac Mortgage Investment Trust in the last 14 days
Based on 3 Articles This Week
Insider Trading
Acquiring Shares
$274,200 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($0.42) to $1.90 Per Share

Overall MarketRank

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

2.51 out of 5 stars

Finance Sector

467th out of 926 stocks

Real Estate Investment Trusts Industry

104th out of 197 stocks

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

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PMT Company Calendar

Last Earnings
2/03/2022
Ex-Dividend for 7/28 Dividend
7/13/2022
Dividend Payable
7/28/2022
Today
9/30/2022
Ex-Dividend for 10/28 Dividend
10/13/2022
Dividend Payable
10/28/2022
Next Earnings (Estimated)
11/03/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Mortgage REITs
Sector
Finance
CUSIP
70931T10
Employees
1
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$17.72
High Stock Price Forecast
$19.75
Low Stock Price Forecast
$15.50
Forecasted Upside/Downside
+48.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
7 Analysts

Profitability

Net Income
$56.85 million
Pretax Margin
-40.85%

Debt

Sales & Book Value

Annual Sales
$420.30 million
Cash Flow
$0.80 per share
Book Value
$18.82 per share

Miscellaneous

Free Float
89,865,000
Market Cap
$1.09 billion
Optionable
Optionable
Beta
1.16

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













PMT Stock - Frequently Asked Questions

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

7 Wall Street research 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 5 buy ratings for the stock. The consensus among Wall Street research 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 2022?

7 Wall Street research analysts have issued 12-month target prices for PennyMac Mortgage Investment Trust's shares. Their PMT share price forecasts range from $16.00 to $19.75. On average, they expect the company's share price to reach $17.91 in the next twelve months. This suggests a possible upside of 48.2% 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 beginning of the year. Since then, PMT stock has decreased by 30.3% and is now trading at $12.08.
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, November 3rd 2022.
View our PMT earnings forecast
.

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

PennyMac Mortgage Investment Trust (NYSE:PMT) posted its earnings results on Thursday, February, 3rd. The real estate investment trust reported ($0.28) EPS for the quarter, missing the consensus estimate of $0.49 by $0.77. PennyMac Mortgage Investment Trust had a negative net margin of 76.32% and a negative trailing twelve-month return on equity of 8.79%. During the same period last year, the company posted $0.78 earnings per share.

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, September 21st. Shareholders of record on Friday, October 14th will be given a dividend of $0.47 per share on Friday, October 28th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 15.56%. The ex-dividend date is Thursday, October 13th.
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 14.30%. 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?
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."

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 $12.08.

How much money does PennyMac Mortgage Investment Trust make?

PennyMac Mortgage Investment Trust (NYSE:PMT) has a market capitalization of $1.09 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 ($1.93) 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 9/30/2022 by MarketBeat.com Staff

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