PennyMac Mortgage Investment Trust (PMT)
Market Cap | 1.08B |
Revenue (ttm) | 614.83M |
Net Income (ttm) | 62.91M |
Shares Out | 87.02M |
EPS (ttm) | 0.72 |
PE Ratio | 17.21 |
Forward PE | 8.04 |
Dividend | $1.60 (12.92%) |
Ex-Dividend Date | Jul 11, 2025 |
Volume | 680,718 |
Open | 12.42 |
Previous Close | 12.39 |
Day's Range | 12.33 - 12.46 |
52-Week Range | 11.70 - 14.93 |
Beta | 1.30 |
Analysts | Hold |
Price Target | 14.20 (+14.7%) |
Earnings Date | Oct 21, 2025 |
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]
Financial Performance
In 2024, PMT's revenue was $504.60 million, a decrease of -30.48% compared to the previous year's $725.87 million. Earnings were $118.75 million, a decrease of -24.55%.
Financial StatementsAnalyst Summary
According to 6 analysts, the average rating for PMT stock is "Hold." The 12-month stock price target is $14.2, which is an increase of 14.70% from the latest price.
News

PennyMac Mortgage Investment Trust (PMT) Presents At Barclays 23rd Annual Global Financial Services Conference Transcript
PennyMac Mortgage Investment Trust (NYSE:PMT) Barclays 23rd Annual Global Financial Services Conference September 8, 2025 2:45 PM EDT Company Participants David Spector - CEO & Chairman Daniel Perott...

PennyMac Financial Services, Inc. to Present at the 2025 Barclays 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 2025 B...

PennyMac Mortgage Investment Trust to Present at the 2025 Barclays 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 2025 B...

PennyMac Mortgage Investment Trust Declares Third 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 third quarter of 2025 on its 8....

Assessing PennyMac Mortgage's Performance For Q2 2025
PMT had a slightly underperforming quarter, mainly due to higher borrowing costs and minor book value declines, but nothing materially alarming. Origination volumes and loan acquisitions increased, bu...

PennyMac Mortgage Investment Trust (PMT) Q2 2025 Earnings Call Transcript
PennyMac Mortgage Investment Trust (NYSE:PMT) Q2 2025 Earnings Conference Call July 22, 2025 6:00 PM ET Company Participants David Spector - Chairman of the Board & CEO Daniel Perotti - Senior MD & C...

PennyMac Mortgage Investment Trust Reports Second Quarter 2025 Results
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) today reported a net loss attributable to common shareholders of $2.9 million, or $(0.04) per common share for...

PennyMac Mortgage Investment Trust Announces Date for Release of Second Quarter 2025 Results
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) will announce results for the quarter ended June 30, 2025, in a news release to be issued after the market clo...

Keep Calm And Buy Preferred Stocks; Yields +9%
Some of the most enduring inventions in history continue to be adopted and function as intended. I don't like to babysit my investments; fixed-income makes an excellent fit for my no-drama income need...

PennyMac Mortgage Investment Trust: Series C Preferred Shares Offer Safety And Decent Upside
PennyMac Mortgage Investment Trust allocates equity across three principal investment strategies. In contrast to robust earnings since Q1 2023, Q1 2025 results were impacted by mark-to-market losses, ...

PennyMac Mortgage Investment Trust Declares Second 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...

PMTW: A 9% Senior Note IPO From PennyMac Mortgage Investment Trust
PMTW is PennyMac Mortgage Investment Trust's new 9% Senior Notes due 2030, offering high-yield distributions at the cost of substantial credit risk. PennyMac Mortgage is highly leveraged, with signifi...

A Brief Lesson On Huge Yielders
Charts? Dog photos? Me? An Opportunity to learn? So many reasons to like this article. Beware of extremely high return on equity figures. It looks great today, but you need to evaluate the source of t...

Big Dividend Yielders At A Glance
We all learn over time. Some of us more than others. The agency mortgage REIT price-to-book ratios are getting really high, except for the weaker ones. That doesn't make the weak ones a great bargain....

PennyMac Mortgage Investment Trust Announces Pricing of Public Offering of Senior Notes
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) (the “Company” or “PMT”) today announced that it has priced an underwritten public offering of $100,000,000 ag...

PennyMac Mortgage Investment Trust Announces Public Offering of Senior Notes
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) (the “Company” or “PMT”) today announced that it is commencing an underwritten public offering of senior notes...

PennyMac Mortgage Investment Trust to Present at the Nareit REITweek 2025 Investor Conference
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that it will present at the Nareit REITweek 2025 Investor Conference. Senior Managing Director...

PennyMac: A Mortgage REIT With Nice Margins, But In A Challenging Sector
PennyMac Mortgage Investment Trust gets a 'Hold' rating for my initial coverage. Loan origination and servicing growth provide upside, yet high reliance on leverage and a below-investment-grade rating...

PennyMac Mortgage Investment Trust Declares Second 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 second quarter of 2025 on its 8...

PennyMac Mortgage Investment Trust (PMT) Q1 2025 Earnings Call Transcript
PennyMac Mortgage Investment Trust (NYSE:PMT) Q1 2025 Earnings Conference Call April 22, 2025 6:00 PM ET Company Participants David Spector - Chairman & Chief Executive Officer Dan Perotti - Chief Fi...

PennyMac Mortgage Investment Trust Reports First Quarter 2025 Results
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net loss attributable to common shareholders of $0.8 million, or $(0.01) per common share on a ...

Focusing On Lower Risk Shares (And Updated Charts For High-Yield Stocks)
Market volatility has increased, making it challenging to predict future Treasury rates and impacting the frequency of my article publications. Price-to-book ratios reveal bargains. Preferred shares o...