PennyMac Mortgage Investment Trust (PMT) News Today

PennyMac Mortgage Investment Trust (NYSE:PMT - Free Report) - Equities researchers at Wedbush increased their Q2 2025 earnings estimates for shares of PennyMac Mortgage Investment Trust in a research report issued on Thursday, July 25th. Wedbush analyst J. Mccanless now forecasts that the real es

Keefe, Bruyette & Woods decreased their price target on shares of PennyMac Mortgage Investment Trust from $15.50 to $15.00 and set an "outperform" rating for the company in a research note on Thursday.

PennyMac Mortgage Investment Trust (NYSE:PMT - Free Report) - Equities research analysts at B. Riley decreased their FY2025 EPS estimates for PennyMac Mortgage Investment Trust in a research note issued on Wednesday, July 24th. B. Riley analyst M. Howlett now anticipates that the real estate inve

O Shaughnessy Asset Management LLC increased its stake in PennyMac Mortgage Investment Trust (NYSE:PMT - Free Report) by 173.4% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 155,309 shares of the real estate investment trust's stock afte

Wedbush reiterated a "neutral" rating and set a $15.00 target price on shares of PennyMac Mortgage Investment Trust in a report on Thursday.

PennyMac Mortgage Investment Trust (NYSE:PMT - Get Free Report) released its quarterly earnings data on Tuesday. The real estate investment trust reported $0.17 earnings per share for the quarter, missing analysts' consensus estimates of $0.34 by ($0.17). The firm had revenue of $71.20 million for the quarter, compared to the consensus estimate of $90.26 million. PennyMac Mortgage Investment Trust had a net margin of 45.19% and a return on equity of 13.25%. During the same quarter in the prior year, the business posted $0.16 earnings per share.

B. Riley reiterated a "buy" rating and set a $16.00 target price on shares of PennyMac Mortgage Investment Trust in a research report on Wednesday.

PennyMac Mortgage Investment Trust (NYSE:PMT) Shares Gap Down Following Analyst Downgrade

JMP Securities increased their target price on PennyMac Mortgage Investment Trust from $15.00 to $15.50 and gave the company a "market outperform" rating in a report on Friday.

PennyMac Mortgage Investment Trust (NYSE:PMT) will be releasing earnings after the market closes on Tuesday, July 23, Zacks reports.

PennyMac Mortgage Investment Trust (NYSE:PMT) Shares Gap Down to $14.62

PennyMac Mortgage Investment Trust (NYSE:PMT) Shares Gap Up to $13.82

Keefe, Bruyette & Woods upgraded PennyMac Mortgage Investment Trust from a "market perform" rating to an "outperform" rating and upped their price objective for the company from $15.00 to $15.50 in a research note on Wednesday.

Vanguard Group Inc. trimmed its position in PennyMac Mortgage Investment Trust (NYSE:PMT - Free Report) by 0.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,884,272 shares of the real estate investment t

Goldman Sachs Group Inc. reduced its stake in PennyMac Mortgage Investment Trust (NYSE:PMT - Free Report) by 10.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,789,659 shares of the real estate investment tru

PennyMac Mortgage Investment Trust (NYSE:PMT) announced a quarterly dividend on Thursday, June 13th. Investors of record on Friday, July 12th will be paid a dividend of 0.40 per share by the real estate investment trust on Friday, July 26th. This represents a $1.60 dividend on an annualized basis and a yield of 11.76%. The ex-dividend date of this dividend is Friday, July 12th.

Campbell & CO Investment Adviser LLC acquired a new stake in PennyMac Mortgage Investment Trust (NYSE:PMT - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 61,263 shares of the r

Charles Schwab Investment Management Inc. grew its position in PennyMac Mortgage Investment Trust (NYSE:PMT - Free Report) by 4.7% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,360,869 shares of the real estate investment trust's stock after buying an additi

PennyMac Mortgage Investment Trust (NYSE:PMT) Sees Large Volume Increase

PennyMac Mortgage Investment Trust (NYSE:PMT - Get Free Report) has earned a consensus rating of "Hold" from the six analysts that are currently covering the stock, Marketbeat.com reports. Four research analysts have rated the stock with a hold recommendation and two have given a buy recommendation

Piper Sandler reissued a "neutral" rating and issued a $15.00 price objective (up previously from $14.50) on shares of PennyMac Mortgage Investment Trust in a research report on Thursday.

PennyMac Mortgage Investment Trust (NYSE:PMT - Get Free Report) was the target of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 2,320,000 shares, a growth of 20.2% from the March 31st total of 1,930,000 shares. Based on an average daily volume of 648,300 shares, the short-interest ratio is currently 3.6 days. Currently, 2.7% of the shares of the company are short sold.

PennyMac Mortgage Investment Trust (NYSE:PMT - Free Report) - Equities researchers at Wedbush decreased their Q2 2024 earnings per share (EPS) estimates for shares of PennyMac Mortgage Investment Trust in a research note issued to investors on Monday, April 29th. Wedbush analyst J. Mccanless now

PennyMac Mortgage Investment Trust (NYSE:PMT - Get Free Report) Director Catherine A. Lynch acquired 715 shares of the firm's stock in a transaction dated Friday, April 26th. The stock was bought at an average cost of $14.19 per share, with a total value of $10,145.85. Following the acquisition, the director now owns 33,915 shares in the company, valued at $481,253.85. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

PennyMac Mortgage Investment Trust (NYSE:PMT - Free Report) - Analysts at Wedbush raised their FY2024 earnings per share estimates for shares of PennyMac Mortgage Investment Trust in a research note issued to investors on Monday, April 29th. Wedbush analyst J. Mccanless now expects that the real

Wedbush restated a "neutral" rating and issued a $15.00 price objective on shares of PennyMac Mortgage Investment Trust in a research report on Monday.