PennyMac Mortgage Investment Trust (PMT)

NYSE: PMT · Real-Time Price · USD
12.12
+0.17 (1.42%)
At close: Apr 24, 2026, 4:00 PM EDT
11.95
-0.17 (-1.40%)
After-hours: Apr 24, 2026, 7:51 PM EDT
Market Cap1.05B -9.5%
Revenue (ttm)721.17M +42.9%
Net Income85.91M -20.6%
EPS0.99 -27.8%
Shares Out 87.02M
PE Ratio12.27
Forward PE7.47
Dividend$1.60 (13.20%)
Ex-Dividend DateApr 9, 2026
Volume1,675,174
Open11.94
Previous Close11.95
Day's Range11.93 - 12.19
52-Week Range11.15 - 13.81
Beta1.22
AnalystsHold
Price Target13.50 (+11.39%)
Earnings DateMay 5, 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, and Correspondent Production segments. The Credit Sensitive Strategies segment invests in credit risk transfer (CRT) agreements and subordinate and credit-linked mortgage-backed securities (MBS). The Interest Rate Sensitive Strategies segment engages in investing in mortgage servicing rights, agency and senior non-... [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 $85.91 million, a decrease of -27.66%.

Financial Statements

Analyst Summary

According to 5 analysts, the average rating for PMT stock is "Hold." The 12-month stock price target is $13.5, which is an increase of 11.39% from the latest price.

Price Target
$13.5
(11.39% upside)
Analyst Consensus: Hold
Stock Forecasts

News

PennyMac Mortgage Investment Trust Announces Date for Release of First Quarter 2026 Results

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) will announce results for the quarter ended March 31, 2026, in a news release to be issued after the market cl...

5 days ago - Business Wire

PennyMac Mortgage Investment Trust Declares First Quarter 2026 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...

6 weeks ago - Business Wire

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....

2 months ago - Business Wire

PennyMac Mortgage Investment Trust Earnings Call Transcript: Q4 2025

Q4 2025 saw $42M net income, 13% ROE, and strong growth in securitizations and retained investments. Capital was rotated into higher-return assets, leverage increased due to non-recourse debt, and robust market demand supports continued portfolio expansion.

3 months ago - Transcripts

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 ...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

4 months ago - Business Wire

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...

4 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...

4 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...

5 months ago - Business Wire

PennyMac Mortgage Investment Trust Earnings Call Transcript: Q3 2025

Q3 2025 saw a 14% annualized ROE, $48M net income, and book value per share rising to $15.16. Capital was redeployed into higher-return assets, with strong results in both credit- and interest rate-sensitive strategies, and continued growth in private label securitizations.

6 months ago - Transcripts

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 ...

6 months ago - Business Wire

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...

6 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
6 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
7 months ago - Business Wire

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 months ago - Business Wire

PennyMac Mortgage Investment Trust Transcript: Barclays 23rd Annual Global Financial Services Conference

Margin expansion and increased activity are driving growth across correspondent, broker, and consumer direct channels, supported by major investments in AI and technology. The business is leveraging new products, operational efficiencies, and strategic partnerships to boost market share and profitability.

8 months ago - Transcripts

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
8 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
8 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....

9 months ago - Business Wire

PennyMac Mortgage Investment Trust Earnings Call Transcript: Q2 2025

Q2 2025 saw a $3 million net loss due to fair value declines and a one-time tax adjustment, but core income and investment activity remained strong. Dividend sustainability is supported by improving run-rate returns and robust MSR and CRT portfolios.

9 months ago - Transcripts

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...

9 months ago - Business Wire

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...

10 months ago - Business Wire

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...

10 months ago - Business Wire

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...

11 months ago - Business Wire