PennyMac Mortgage Investment Trust (PMT)

NYSE: PMT · Real-Time Price · USD
11.87
-0.16 (-1.33%)
Jul 31, 2025, 3:07 PM - Market open
-1.33%
Market Cap1.03B
Revenue (ttm)614.83M
Net Income (ttm)62.95M
Shares Out 87.02M
EPS (ttm)0.65
PE Ratio18.29
Forward PE7.90
Dividend$1.60 (13.47%)
Ex-Dividend DateJul 11, 2025
Volume903,716
Open12.00
Previous Close12.03
Day's Range11.79 - 12.03
52-Week Range11.77 - 14.93
Beta1.23
AnalystsHold
Price Target14.20 (+19.58%)
Earnings DateJul 22, 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 6 analysts, the average rating for PMT stock is "Hold." The 12-month stock price target is $14.2, which is an increase of 19.58% from the latest price.

Price Target
$14.2
(19.58% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

8 days 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...

8 days 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.

15 days 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...

16 days 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
22 days 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, ...

25 days 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 weeks 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...

5 weeks 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...

6 weeks 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...

6 weeks 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....

7 weeks ago - Seeking Alpha

A Slow Slowdown

US equity markets rallied to their highest levels since February after a critical slate of employment data showed lukewarm labor market conditions in May, with only minimal tariff-related impacts. Ben...

7 weeks ago - Seeking Alpha

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Seeking Alpha

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...

2 months ago - Business Wire

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...

3 months ago - Seeking Alpha

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 ...

3 months ago - Business Wire

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...

3 months ago - Seeking Alpha

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

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

3 months ago - Business Wire

Floating Preferreds Have Monstrous Yields Due To Timing Phenomenon

Floating rate preferreds, initially created in a zero interest rate environment, now yield around 10% due to the timing phenomenon and changes in interest rates. Key factors for analysis include compa...

4 months ago - Seeking Alpha

Let's Talk Mortgage REITs (But Not For Too Long)

A bunch of mortgage REITs were severely overvalued. Now they are less overvalued. But some others are actually bargains. Tons of charts because images are fun. Ellington Financial's higher price-to-bo...

4 months ago - Seeking Alpha

15% Yields Want To Mug Your Dividends

Agency mortgage REITs are achieving exceptional price-to-book ratios. You want a high dividend yield? Great. But don't pay a huge premium in the share price. It's a great time for investors to capture...

4 months ago - Seeking Alpha

Preferreds/Bond Weekly Review: Couple Of New Issues

We take a look at the action in preferreds and baby bonds through the first week of March and highlight some of the key themes we are watching. Most preferreds sectors declined due to rising Treasury ...

Other symbols: PMTURCRCCRPTSAR
4 months ago - Seeking Alpha