PennyMac Mortgage Investment Trust (PMT)

NYSE: PMT · Real-Time Price · USD
12.03
-0.16 (-1.31%)
Nov 6, 2025, 12:29 PM EST - Market open
-1.31%
Market Cap1.05B
Revenue (ttm)564.66M
Net Income (ttm)79.73M
Shares Out 87.02M
EPS (ttm)0.92
PE Ratio13.14
Forward PE7.42
Dividend$1.60 (13.28%)
Ex-Dividend DateOct 10, 2025
Volume218,469
Open12.20
Previous Close12.19
Day's Range12.05 - 12.21
52-Week Range11.60 - 14.93
Beta1.27
AnalystsHold
Price Target14.13 (+17.46%)
Earnings DateOct 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]

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

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 Statements

Analyst Summary

According to 5 analysts, the average rating for PMT stock is "Hold." The 12-month stock price target is $14.13, which is an increase of 17.46% from the latest price.

Price Target
$14.13
(17.46% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

6 days 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
15 days 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 ...

15 days 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
21 days 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...

23 days 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
23 days 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 weeks 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...

6 weeks 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...

7 weeks ago - Business Wire

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...

Other symbols: PMTU
2 months ago - Seeking Alpha

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...

Other symbols: PFSI
2 months ago - Business Wire

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...

Other symbols: PFSI
2 months ago - Business Wire

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....

3 months ago - Business Wire

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...

3 months ago - Seeking Alpha

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...

3 months ago - Seeking Alpha

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...

3 months ago - Business Wire

High Yields, Weird Prices

Similar preferred shares trade at materially different prices. One of these preferred shares is surprisingly expensive. One of the best BDCs is nearing an incredibly rare threshold.

4 months ago - Seeking Alpha

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...

4 months ago - Business Wire

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...

Other symbols: JPCPMTU
4 months ago - Seeking Alpha

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, ...

4 months ago - Seeking Alpha

Where Fat Yields Meet Lower Risk

Many investors go for big yield with bigger risk. Barf. This report was recently sent to our members. We picked up shares with a 9.5% yield.

4 months ago - Seeking Alpha

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...

4 months ago - Business Wire

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...

5 months ago - Seeking Alpha

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...

5 months ago - Seeking Alpha

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....

5 months ago - Seeking Alpha