PennyMac Mortgage Investment Trust (PMT)

PMT Stock Forecast

Stock Price Forecast

The 3 analysts that cover PMT stock have a consensus rating of "Hold" and an average price target of $13.67, which forecasts a 9.80% increase in the stock price over the next year. The lowest target is $13.5 and the highest is $14.

Price Target: $13.67 (+9.80%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$13.5	$13.67	$13.5	$14
Change	+8.43%	+9.80%	+8.43%	+12.45%

* Price targets were last updated on Dec 18, 2025.

Analyst Ratings

The average analyst rating for PMT stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26
Strong Buy	0	0	0	0	0	0
Buy	1	1	1	2	2	1
Hold	5	5	5	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	6	6	5	5	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Bose George Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold → Buy Upgrades $14	Hold → Buy	Upgrades	$14	+8.43%	Dec 18, 2025
Douglas Harter UBS	UBS	Hold Maintains $13 → $14	Hold	Maintains	$13 → $14	+8.43%	Oct 24, 2025
Bose George Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Buy → Hold Downgrades $15 → $14	Buy → Hold	Downgrades	$15 → $14	+8.43%	Jul 25, 2025
Michael Kaye Wells Fargo	Wells Fargo	Hold Maintains $13 → $14	Hold	Maintains	$13 → $14	+12.45%	May 2, 2025
Jason Weaver Jones Trading	Jones Trading	Hold Reiterates n/a	Hold	Reiterates	n/a	n/a	Apr 24, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

403.84M

Decreased by -44.00%

from 721.17M

Revenue Next Year

436.52M

Increased by 8.09%

from 403.84M

EPS This Year

1.64

Increased by 65.69%

from 0.99

EPS Next Year

1.69

Increased by 3.27%

from 1.64

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	757.48M	-145.66M	725.87M	504.60M	721.17M	403.84M	436.52M
Revenue Growth	-46.21%	-	-	-30.48%	42.92%	-44.00%	8.09%
EPS	0.26	-1.26	1.63	1.37	0.99	1.64	1.69
EPS Growth	-3.70%	-	-	-16.23%	-27.68%	65.69%	3.27%
Forward PE	-	-	-	-	-	7.60	7.35
No. Analysts	-	-	-	-	-	9	6

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027	2028
High	435.9M	453.8M
Avg	403.8M	436.5M
Low	362.6M	423.6M

Revenue Growth

Revenue Growth	2026	2027	2028
High	-39.6%	12.4%
Avg	-44.0%	8.1%
Low	-49.7%	4.9%

EPS Forecast

EPS	2026	2027	2028
High	1.80	1.81
Avg	1.64	1.69
Low	1.48	1.57

EPS Growth

EPS Growth	2026	2027	2028
High	81.5%	10.2%
Avg	65.7%	3.3%
Low	49.6%	-4.3%

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.