PennyMac Mortgage Investment Trust (PMT)

Market Cap	1.22B
Revenue (ttm)	504.60M
Net Income (ttm)	119.17M
Shares Out	86.86M
EPS (ttm)	1.37
PE Ratio	10.27
Forward PE	9.21
Dividend	$1.60 (11.37%)
Ex-Dividend Date	Dec 27, 2024

Volume	766,344
Open	14.11
Previous Close	14.00
Day's Range	14.00 - 14.15
52-Week Range	11.77 - 15.22
Beta	1.48
Analysts	Buy
Price Target	15.25 (+8.39%)
Earnings Date	Jan 30, 2025

About PMT

PennyMac Mortgage Investment Trust, through its subsidiary, primarily invests in mortgage-related assets in the United States. The company operates through: Credit Sensitive Strategies, Interest Rate Sensitive Strategies, Correspondent Production segments. Its Credit Sensitive Strategies segment invests in credit risk transfer (CRT) agreements, CRT securities, subordinate mortgage-backed securities (MBS), distressed loans, and real estate. The company’s Interest Rate Sensitive Strategies segment engages in investing in mortgage servicing rights...

• Industry: REIT - Mortgage
• Sector: Real Estate
• IPO Date: Jul 30, 2009
• Employees: 7
• Stock Exchange: NYSE
• Ticker Symbol: PMT
• Website: https://pmt.pennymac.com

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 $119.17 million, a decrease of -24.28%.

Analyst Forecast

According to 6 analysts, the average rating for PMT stock is "Buy." The 12-month stock price forecast is $15.25, which is an increase of 8.39% from the latest price.

Price Target

$15.25

(8.39% upside)

Analyst Consensus: Buy