PennyMac Mortgage Investment Trust (PMT)
NYSE: PMT · Real-Time Price · USD
14.63
-0.14 (-0.95%)
At close: Mar 28, 2025, 4:00 PM
14.54
-0.09 (-0.62%)
Pre-market: Mar 31, 2025, 8:46 AM EDT

PMT Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for PMT stock have an average target of 15.25, with a low estimate of 14.5 and a high estimate of 16. The average target predicts an increase of 4.24% from the current stock price of 14.63.

Analyst Consensus: Buy
Target Low Average Median High
Price $14.5 $15.25 $15.5 $16
Change -0.89% +4.24% +5.95% +9.36%
* Price targets were last updated on Jan 23, 2025.

Analyst Ratings

The average analyst rating for PMT stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Oct '24Nov '24Dec '24Jan '25Feb '25Mar '25
Strong Buy 111111
Buy 222333
Hold 444222
Sell 000000
Strong Sell 000000
Total 777666

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
JMP Securities
JMP Securities
Buy
Reiterates
$16
Buy Reiterates $16 +5.95% Jan 23, 2025
Wedbush
Wedbush
Hold
Reiterates
$15
Hold Reiterates $15 +2.53% Oct 24, 2024
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Buy
Maintains
$16$15
Buy Maintains $16$15 +2.53% Jul 25, 2024
Wedbush
Wedbush
Hold
Reiterates
$15
Hold Reiterates $15 +2.53% Jul 25, 2024
B. Riley Securities
B. Riley Securities
Strong Buy
Reiterates
$16
Strong Buy Reiterates $16 +9.36% Jul 24, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
377.82M
from 504.60M
Decreased by -25.13%
Revenue Next Year
383.75M
from 377.82M
Increased by 1.57%
EPS This Year
1.61
from 1.37
Increased by 17.72%
EPS Next Year
1.62
from 1.61
Increased by 0.71%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
1.41B757.48M-145.66M725.87M504.60M377.82M383.75M411.29M
Revenue Growth
47.75%-46.21%---30.48%-25.13%1.57%7.18%
EPS
0.270.26-1.261.631.371.611.621.67
EPS Growth
-88.87%-3.70%---16.23%17.72%0.71%2.77%
Forward PE
-----9.099.028.78
No. Analysts -----972
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027
High 408.1M 418.4M 427.6M
Avg 377.8M 383.8M 411.3M
Low 355.3M 356.3M 399.1M

Revenue Growth

Revenue Growth 202520262027
High
-19.1%
10.7%
11.4%
Avg
-25.1%
1.6%
7.2%
Low
-29.6%
-5.7%
4.0%

EPS Forecast

EPS 202520262027
High 1.86 1.69 1.73
Avg 1.61 1.62 1.67
Low 1.47 1.57 1.62

EPS Growth

EPS Growth 202520262027
High
35.9%
5.1%
6.8%
Avg
17.7%
0.7%
2.8%
Low
7.5%
-2.6%
-0.3%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.