PennyMac Mortgage Investment Trust (PMT)

NYSE: PMT · Real-Time Price · USD
10.51
+0.05 (0.48%)
At close: Jun 25, 2026, 4:00 PM EDT
10.38
-0.13 (-1.25%)
After-hours: Jun 25, 2026, 7:49 PM EDT
Market Cap916.50M -17.3%
Revenue (ttm)675.55M +14.3%
Net Income100.82M +16.1%
EPS1.16 +34.7%
Shares Out 87.20M
PE Ratio9.07
Forward PE8.16
Dividend$1.60 (15.30%)
Ex-Dividend DateJul 9, 2026
Volume1,232,936
Open10.38
Previous Close10.46
Day's Range10.35 - 10.68
52-Week Range9.83 - 13.81
Beta1.11
AnalystsHold
Price Target12.11 (+15.22%)
Earnings DateJul 21, 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 9 analysts, the average rating for PMT stock is "Hold." The 12-month stock price target is $12.11, which is an increase of 15.22% from the latest price.

Price Target
$12.11
(15.22% upside)
Analyst Consensus: Hold
Stock Forecasts

News

PennyMac Mortgage Investment Trust Declares Second 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...

8 days ago - Business Wire

PennyMac Mortgage Investment Trust Announces Scott Sauer Joined Its Board of Trustees

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today the appointment of Scott Sauer to its Board of Trustees. Mr. Sauer brings more than three deca...

9 days ago - Business Wire

PennyMac Mortgage Investment Trust Transcript: AGM 2026

The meeting confirmed a quorum, approved the election of three trustees, ratified the auditor, and passed executive compensation by non-binding vote. No shareholder questions were received.

9 days ago - Transcripts

KBRA Assigns Preliminary Ratings to PMT Loan Trust 2026-INV6 (PMTLT 2026-INV6)

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 74 classes of mortgage-backed notes from PMT Loan Trust 2026-INV6 (PMTLT 2026-INV6), a prime RMBS transaction spons...

10 days ago - Business Wire

Five Small Caps Paying Super-Sized Yields Up To 15.3%

Small-cap stocks are the cardiac kids of the market. They can bring high risk, and with that high risk can come high reward.

Other symbols: APCBWMXNWLOCSL
18 days ago - Forbes

PennyMac Mortgage price target lowered to $11.50 from $13 at Piper Sandler

Piper Sandler lowered the firm’s price target on PennyMac Mortgage (PMT) to $11.50 from $13 and keeps a Neutral rating on the shares following quarterly results. On the outlook, management…

4 weeks ago - TheFly

PennyMac Mortgage price target lowered to $11 from $12 at BofA

BofA analyst Derek Hewett lowered the firm’s price target on PennyMac Mortgage (PMT) to $11 from $12 and keeps a Neutral rating on the shares. The firm lowered its multiple…

4 weeks ago - TheFly

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...

6 weeks ago - Business Wire

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…

7 weeks ago - TheFly

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…

7 weeks ago - TheFly

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.

7 weeks ago - Transcripts

PennyMac Mortgage Investment Trust Slides: Q1 2026

PennyMac Mortgage Investment Trust has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 5, 2026.

7 weeks ago - Filings

PennyMac Mortgage Investment Trust Earnings release: Q1 2026

PennyMac Mortgage Investment Trust released its Q1 2026 earnings on May 5, 2026, summarizing the period's financial results.

7 weeks ago - Filings

PennyMac Mortgage Investment Trust Quarterly report: Q1 2026

PennyMac Mortgage Investment Trust has published its Q1 2026 quarterly earnings report on May 5, 2026.

7 weeks ago - Filings

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 ...

7 weeks ago - Business Wire

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...

Other symbols: PFSI
2 months ago - TheFly

PennyMac Mortgage Investment Trust Proxy statement: Proxy filing

PennyMac Mortgage Investment Trust filed a proxy statement on April 21, 2026, providing details for shareholder voting and corporate governance matters.

2 months ago - Filings

PennyMac Mortgage Investment Trust Proxy statement: Proxy filing

PennyMac Mortgage Investment Trust filed a proxy statement on April 21, 2026, providing details for shareholder voting and corporate governance matters.

2 months ago - Filings

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...

2 months ago - Business Wire

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…

3 months ago - TheFly

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…

3 months ago - TheFly

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...

3 months 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....

4 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.

5 months ago - Transcripts

PennyMac Mortgage Investment Trust Annual report: Q4 2025

PennyMac Mortgage Investment Trust has published its Q4 2025 annual report on January 29, 2026.

5 months ago - Filings