PennyMac Mortgage Investment Trust (PMT)
| Market Cap | 896.44M -19.6% |
| Revenue (ttm) | 675.55M +14.3% |
| Net Income | 100.82M +16.1% |
| EPS | 1.16 +34.7% |
| Shares Out | 87.20M |
| PE Ratio | 8.87 |
| Forward PE | 7.69 |
| Dividend | $1.60 (15.56%) |
| Ex-Dividend Date | Apr 9, 2026 |
| Volume | 1,051,212 |
| Open | 10.40 |
| Previous Close | 10.46 |
| Day's Range | 10.28 - 10.53 |
| 52-Week Range | 10.28 - 13.81 |
| Beta | 1.18 |
| Analysts | Hold |
| Price Target | 12.63 (+22.86%) |
| Earnings Date | May 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]
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 StatementsAnalyst Summary
According to 4 analysts, the average rating for PMT stock is "Hold." The 12-month stock price target is $12.63, which is an increase of 22.86% from the latest price.
News
PennyMac Mortgage Investment Trust Declares Second Quarter 2026 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 2026 on its 8...
PennyMac downgraded to Market Perform from Outperform at Keefe Bruyette
Keefe Bruyette downgraded PennyMac Mortgage (PMT) to Market Perform from Outperform with a price target of $12, down from $13.50. The shares are likely to trade at a wider discount…
PennyMac Mortgage price target lowered to $12 from $13 at Wells Fargo
Wells Fargo analyst Donald Fandetti lowered the firm’s price target on PennyMac Mortgage (PMT) to $12 from $13 and keeps an Equal Weight rating on the shares. The firm notes…
PennyMac Mortgage Investment Trust Earnings Call Transcript: Q1 2026
Q1 2026 net income was $14M ($0.16/share), with strong credit-sensitive strategy performance and improved aggregation and securitization results. Dividend remains at $0.40/share, while capital is being shifted from MSRs to higher-return credit-sensitive assets.
PennyMac Mortgage Investment Trust Reports First Quarter 2026 Results
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net income attributable to common shareholders of $14.2 million, or $0.16 per common share for ...
PennyMac debuts ‘Welcome Home’ mortgage program for Team USA athletes
PennyMac Financial (PFSI) Services and PennyMac Mortgage (PMT) Investment Trust announced the launch of “Welcome Home: Athlete Mortgage Program,” an initiative designed to provide Team USA athletes wi...
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...
PennyMac Mortgage price target lowered to $13 from $13.50 at Piper Sandler
Piper Sandler lowered the firm’s price target on PennyMac Mortgage (PMT) to $13 from $13.50 and keeps a Neutral rating on the shares. The firm notes the first quarter was…
PennyMac Mortgage price target lowered to $12 from $13 at BofA
BofA lowered the firm’s price target on PennyMac Mortgage (PMT) to $12 from $13 and keeps a Neutral rating on the shares. The firm cites a lower earnings forecast and…
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...
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....
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.
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 ...
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...
PennyMac Mortgage price target lowered to $15 from $15.50 at Citizens
Citizens analyst Trevor Cranston lowered the firm’s price target on PennyMac Mortgage (PMT) to $15 from $15.50 and keeps an Outperform rating on the shares. Ahead of the upcoming Q4…
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...
PennyMac Mortgage upgraded to Outperform from Market Perform at Keefe Bruyette
Keefe Bruyette upgraded PennyMac Mortgage (PMT) to Outperform from Market Perform with an unchanged price target of $13.50. The firm is most constructive on the agency mortgage-backed securities real ...
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...
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...
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...
PennyMac Mortgage price target raised to $13.50 from $13 at UBS
UBS raised the firm’s price target on PennyMac Mortgage (PMT) to $13.50 from $13 and keeps a Neutral rating on the shares.
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.
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 ...
PennyMac Mortgage options imply 2.7% move in share price post-earnings
Pre-earnings options volume in PennyMac Mortgage (PMT) is normal with puts leading calls 11:2. Implied volatility suggests the market is anticipating a move near 2.7%, or 32c, after results are…
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...