PennyMac Mortgage Investment Trust (PMT)

NYSE: PMT · Real-Time Price · USD
12.64
+0.15 (1.20%)
At close: Feb 13, 2026, 4:00 PM EST
12.54
-0.10 (-0.79%)
After-hours: Feb 13, 2026, 7:52 PM EST
Market Cap1.10B -1.8%
Revenue (ttm)721.17M +42.9%
Net Income86.05M -20.6%
EPS0.99 -27.7%
Shares Out 87.02M
PE Ratio12.78
Forward PE7.78
Dividend$1.60 (12.66%)
Ex-Dividend DateDec 26, 2025
Volume1,090,547
Open12.56
Previous Close12.49
Day's Range12.35 - 12.77
52-Week Range11.60 - 14.93
Beta1.25
AnalystsHold
Price Target13.67 (+8.15%)
Earnings DateJan 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, Correspondent Production segments. The Credit Sensitive Strategies segment invests in credit risk transfer (CRT) agreements and subordinate mortgage-backed securities (MBS). The Interest Rate Sensitive Strategies segment engages in investing in mortgage servicing rights, base servicing and excess servicing spreads,... [Read more]

IPO Date Jul 30, 2009
Employees 7
Stock Exchange NYSE
Ticker Symbol PMT
Full Company Profile

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 $86.05 million, a decrease of -27.53%.

Financial Statements

Analyst Summary

According to 4 analysts, the average rating for PMT stock is "Hold." The 12-month stock price target is $13.67, which is an increase of 8.15% from the latest price.

Price Target
$13.67
(8.15% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Buy 5 IDEAL S&P 600 Small/MidCap 'Safer' February DiviDogs

The S&P 600 SmallCap index offers select high-yield 'dividend dogs' with analyst-projected net gains of 31% to 61% by February 2026. Adamas Trust stands out as the only stock ranking in the top ten fo...

2 days ago - Seeking Alpha

PennyMac Mortgage Investment Trust Declares First Quarter 2026 Dividends for Its Preferred Shares and Announces 2025 Dividend Tax Information

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its Board of Trustees has declared cash dividends for the first quarter of 2026 on its 8....

3 days ago - Business Wire

High-Yield Carnage In 2026

Multiple mortgage REITs fell by over 10% on the day. The stock driving the bus of bad dropped 33% on Friday and is continuing lower today. Preferred shares and baby bonds have consistently outperforme...

12 days ago - Seeking Alpha

PennyMac Mortgage Investment Trust: Attractive Valuation After Q4 2025 Earnings

PennyMac Mortgage Investment Trust shares are down so far in 2026, underperforming mREIT peers as the company lowered its earnings outlook for the next four quarters. Despite reduced earnings expectat...

13 days ago - Seeking Alpha

PennyMac Mortgage Investment Trust (PMT) Q4 2025 Earnings Call Transcript

PennyMac Mortgage Investment Trust (PMT) Q4 2025 Earnings Call Transcript

Other symbols: PMTU
17 days ago - Seeking Alpha

PennyMac Mortgage Investment Trust Reports Fourth Quarter and Full-Year 2025 Results

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net income attributable to common shareholders of $41.9 million, or $0.48 per common share for ...

17 days ago - Business Wire

PennyMac Mortgage Investment Trust: 8.7% Preferred Yield From Stable mREIT

PennyMac Mortgage Investment Trust (PMT) offers diversified exposure to mortgage loans, servicing, MBS, and credit risk transfers, but faces notable risks. PMT's mortgage loan portfolio quadrupled to ...

Other symbols: PMTU
20 days ago - Seeking Alpha

PennyMac Mortgage Investment Trust Announces Date for Release of Fourth Quarter and Full-Year 2025 Results

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) will announce results for the quarter and year ended December 31, 2025, in a news release to be issued after t...

24 days ago - Business Wire

Undercovered Dozen: Canadian Natural Resources, Duke Energy, PennyMac Mortgage And More

This week's Undercovered Dozen highlights 12 lesser-followed stocks and funds, each with distinct catalysts or value opportunities. This week's edition covers articles published between Dec. 12 and De...

2 months ago - Seeking Alpha

The 200-Year-Old Secret: Why Preferred Stock Is The Ultimate Fixed Income Hybrid

Preferred shares are a 200-year-old income-focused hybrid of stocks and bonds. Long-term interest rates are keeping preferred prices low, ensuring high coupons. Heads, we collect high dividends; tails...

Other symbols: HPSPMTU
2 months ago - Seeking Alpha

PennyMac Mortgage Investment Trust Prices Further Reopening of $75 Million of 8.500% Exchangeable Senior Notes Due 2029

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) (“PMT” or the “Company”) today announced that its indirect wholly-owned subsidiary, PennyMac Corp. (“PMC”), ha...

2 months ago - Business Wire

PennyMac Mortgage: We Are Loading The Bonds And Considering The Preferred Stock

PennyMac Mortgage Trust is analyzed for yield opportunities amid a normalizing yield curve. I favor PMT's 9% baby bonds for their attractive risk/reward profile. The 6.75% preferred stock is reviewed ...

2 months ago - Seeking Alpha

Two Classes Of Mortgage REITs

Agency mortgage REITs duel to the dividend cut. There are 7 facing off. The top 3 are much better than the other 4. Valuations are important and awful. Deal with it.

2 months ago - Seeking Alpha

PennyMac Mortgage Investment Trust Prices Reopening of $75 Million of 8.500% Exchangeable Senior Notes Due 2029

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) (“PMT” or the “Company”) today announced that its indirect wholly-owned subsidiary, PennyMac Corp. (“PMC”), ha...

2 months ago - Business Wire

PennyMac Mortgage Investment Trust Declares Fourth Quarter 2025 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...

2 months ago - Business Wire

PennyMac Mortgage Investment Trust Declares Fourth Quarter 2025 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 fourth quarter of 2025 on its 8...

3 months ago - Business Wire

14% Dividend Yield Is Not Enough

Dividends matter. So do losses. Look at a couple of charts and call it a day. Most people don't want to go through all the history, but we can sum up over a decade in a few images. When we compare pri...

3 months ago - Seeking Alpha

PennyMac Mortgage Investment Trust (PMT) Q3 2025 Earnings Call Transcript

PennyMac Mortgage Investment Trust (NYSE:PMT) Q3 2025 Earnings Call October 21, 2025 6:00 PM EDT Company Participants David Spector - Chairman of the Board & CEO Daniel Perotti - Senior MD & CFO Conf...

Other symbols: PMTU
4 months ago - Seeking Alpha

PennyMac Mortgage Investment Trust Reports Third Quarter 2025 Results

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net income attributable to common shareholders of $47.8 million, or $0.55 per common share for ...

4 months ago - Business Wire

High Yield With Lower Risk From PennyMac Mortgage Investment Trust And Its Baby Bonds

PennyMac Mortgage Investment Trust offers baby bonds with competitive yields and lower duration risk compared to preferred stocks. PMT boasts a 14-year streak of consecutive dividend payments, current...

Other symbols: PMTU
4 months ago - Seeking Alpha

PennyMac Mortgage Investment Trust Announces Date for Release of Third Quarter 2025 Results

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) will announce results for the quarter ended September 30, 2025, in a news release to be issued after the marke...

4 months ago - Business Wire

Wall Street's Most Accurate Analysts Give Their Take On 3 Materials Stocks With Over 10% Dividend Yields

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Other symbols: KREFWU
4 months ago - Benzinga

Pennymac Announces Organizational Changes

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) and PennyMac Mortgage Investment Trust (NYSE: PMT) (collectively, “Pennymac” or “the company”) today announced...

Other symbols: PFSI
4 months ago - Business Wire

PennyMac Mortgage Investment Trust: Common And Series C Preferred Shares Look Attractive

PennyMac Mortgage Investment Trust allocates equity across three separate investment strategies, with 61% of equity going toward interest rate sensitive strategies. While Q2 2025 reported earnings did...

5 months ago - Seeking Alpha

PennyMac Mortgage Investment Trust Declares Third Quarter 2025 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...

5 months ago - Business Wire