PennyMac Mortgage Investment Trust (PMT)
| Market Cap | 615.65M -40.3% |
| Revenue (ttm) | 684.41M +11.3% |
| Net Income | 124.42M +58.0% |
| EPS | 1.43 +98.6% |
| Shares Out | 87.20M |
| PE Ratio | 4.94 |
| Forward PE | 5.62 |
| Dividend | $1.60 (22.66%) |
| Ex-Dividend Date | Oct 8, 2026 |
| Volume | 3,417,383 |
| Open | 7.02 |
| Previous Close | 6.87 |
| Day's Range | 7.02 - 7.29 |
| 52-Week Range | 6.80 - 13.81 |
| Beta | 1.17 |
| Analysts | Hold |
| Price Target | 10.61 (+50.28%) |
| Earnings Date | Oct 29, 2026 |
About PMT
PennyMac Mortgage Investment Trust, through its subsidiary, primarily invests in residential mortgage-related assets in the United States. The company operates through: Credit Sensitive Strategies, Interest Rate Sensitive Strategies, and Correspondent Production segments. The Credit Sensitive Strategies segment invests in credit risk transfer (CRT) agreements and subordinate and credit-linked mortgage-backed securities (MBS). The Interest Rate Sensitive Strategies segment engages in investing in mortgage servicing rights, agency and senior non-... [Read more]
Financial Performance
In 2025, PMT's revenue was $721.17 million, an increase of 42.92% compared to the previous year's $504.60 million. Earnings were $85.91 million, a decrease of -27.66%.
Financial StatementsAnalyst Summary
According to 9 analysts, the average rating for PMT stock is "Hold." The 12-month stock price target is $10.61, which is an increase of 50.28% from the latest price.
News
PennyMac Mortgage price target lowered to $12.50 from $15 at Citizens
Citizens analyst Trevor Cranston lowered the firm’s price target on PennyMac Mortgage (PMT) to $12.50 from $15 and keeps an Outperform rating on the shares. Ahead of the earnings report,…
PennyMac Mortgage price target lowered to $9 from $10 at Piper Sandler
Piper Sandler lowered the firm’s price target on PennyMac Mortgage (PMT) to $9 from $10 and keeps a Neutral rating on the shares. The firm believes the mortgage environment remains…
PennyMac Mortgage Investment Trust Announces Date for Release of Third Quarter 2026 Results
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) will announce results for the quarter ended September 30, 2026, in a news release to be issued after the marke...
KBRA Assigns Preliminary Ratings to PMT Loan Trust 2026-CNF9 (PMTLT 2026-CNF9)
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 44 classes of mortgage-backed notes from PMT Loan Trust 2026-CNF9 (PMTLT 2026-CNF9), a prime RMBS transaction spons...
PennyMac Mortgage price target lowered to $10.75 from $12 at Keefe Bruyette
Keefe Bruyette lowered the firm’s price target on PennyMac Mortgage (PMT) to $10.75 from $12 and keeps a Market Perform rating on the shares.
KBRA Assigns Preliminary Ratings to PMT Loan Trust 2026-INV9 (PMTLT 2026-INV9)
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 69 classes of mortgage-backed notes from PMT Loan Trust 2026-INV9 (PMTLT 2026-INV9), a prime RMBS transaction spons...
PennyMac Mortgage Investment Trust Transcript: Barclays 24th Annual Global Financial Services Conference
Mortgage rates have risen, reducing production and revenue, but technology investments and AI are driving efficiency gains and cost reductions. Servicing remains strong, with historic recapture rates and a focus on automation, while capital allocation prioritizes leverage reduction and mid-teens ROE by 2027.
KBRA Assigns Preliminary Ratings to PMT Loan Trust 2026-CNF8 (PMTLT 2026-CNF8)
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 47 classes of mortgage-backed notes from PMT Loan Trust 2026-CNF8 (PMTLT 2026-CNF8), a prime RMBS transaction spons...
PennyMac Mortgage Investment Trust to Present at the Barclays 24th Annual Global Financial Services Conference
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that it will present jointly with PennyMac Financial Services, Inc. (NYSE: PFSI) at the Barcla...
PennyMac Financial Services, Inc. to Present at the Barclays 24th Annual Global Financial Services Conference
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) announced today that it will present jointly with PennyMac Mortgage Investment Trust (NYSE: PMT) at the Barcla...
PennyMac Mortgage Investment Trust Declares Third Quarter 2026 Dividend for Its Common Shares
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its Board of Trustees declared a cash dividend of $0.40 per common share of beneficial in...
KBRA Assigns Preliminary Ratings to PMT Loan Trust 2026-INV8 (PMTLT 2026-INV8)
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 73 classes of mortgage-backed notes from PMT Loan Trust 2026-INV8 (PMTLT 2026-INV8), a prime RMBS transaction spons...
PennyMac Mortgage price target lowered to $10 from $11.25 at UBS
UBS lowered the firm’s price target on PennyMac Mortgage (PMT) to $10 from $11.25 and keeps a Neutral rating on the shares.
Deutsche upgrades PennyMac Mortgage, calls selloff overdone
Deutsche Bank analyst Mark DeVries over the weekend upgraded PennyMac Mortgage (PMT) to Buy from Hold with an unchanged price target of $12. The firm views the recent selloff as…
PennyMac Mortgage upgraded to Buy from Hold at Deutsche Bank
Deutsche Bank analyst Mark DeVries upgraded PennyMac Mortgage (PMT) to Buy from Hold with a $12 price target
PennyMac Mortgage Investment Trust Declares Third Quarter 2026 Dividends for Its Preferred Shares
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its Board of Trustees has declared cash dividends for the third quarter of 2026 on its 8....
PennyMac Mortgage price target lowered to $10 from $11 at BofA
BofA lowered the firm’s price target on PennyMac Mortgage (PMT) to $10 from $11 and keeps a Neutral rating on the shares. The firm is adjusting estimates after the Q2…
KBRA Assigns Preliminary Ratings to PMT Loan Trust 2026-CNF7 (PMTLT 2026-CNF7)
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 44 classes of mortgage-backed notes from PMT Loan Trust 2026-CNF7 (PMTLT 2026-CNF7), a prime RMBS transaction spons...
PennyMac Mortgage price target lowered to $10 from $12 at Wells Fargo
Wells Fargo lowered the firm’s price target on PennyMac Mortgage (PMT) to $10 from $12 and keeps an Equal Weight rating on the shares following quarterly results. The firm notes…
PennyMac Mortgage price target lowered to $10 from $11.50 at Piper Sandler
Piper Sandler lowered the firm’s price target on PennyMac Mortgage (PMT) to $10 from $11.50 and keeps a Neutral rating on the shares following quarterly results. The lower multiple is…
PennyMac Mortgage Investment Trust Earnings Call Transcript: Q2 2026
Q2 2026 net income was $20M ($0.23/share), with a 6% ROE, as the firm pivots from agency MSRs to higher-yielding credit-sensitive investments and private label securitizations. Dividend remains at $0.40/share, and robust securitization activity is expected to continue.
PennyMac Mortgage Investment Trust Slides: Q2 2026
PennyMac Mortgage Investment Trust has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on July 29, 2026.
PennyMac Mortgage Investment Trust Earnings release: Q2 2026
PennyMac Mortgage Investment Trust released its Q2 2026 earnings on July 29, 2026, summarizing the period's financial results.
PennyMac Mortgage Investment Trust Quarterly report: Q2 2026
PennyMac Mortgage Investment Trust has published its Q2 2026 quarterly earnings report on July 29, 2026.
PennyMac Mortgage Investment Trust Reports Second Quarter 2026 Results
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net income attributable to common shareholders of $20 million, or $0.23 per common share on net...