PennyMac Mortgage Investment Trust (PMT)
NYSE: PMT · Real-Time Price · USD
12.55
-0.05 (-0.40%)
Dec 27, 2024, 4:00 PM EST - Market closed
PMT Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for PMT stock have an average target of 15.17, with a low estimate of 14.5 and a high estimate of 16. The average target predicts an increase of 20.88% from the current stock price of 12.55.
Analyst Consensus: Buy
* Price targets were last updated on Oct 24, 2024.
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 4 | 4 | 4 | 4 | 4 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 7 | 7 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wedbush | Wedbush | Hold Reiterates $15 | Hold | Reiterates | $15 | +19.52% | Oct 24, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $16 → $15 | Buy | Maintains | $16 → $15 | +19.52% | Jul 25, 2024 |
| Wedbush | Wedbush | Hold Reiterates $15 | Hold | Reiterates | $15 | +19.52% | Jul 25, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Reiterates $16 | Strong Buy | Reiterates | $16 | +27.49% | Jul 24, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $15 → $15 | Hold | Maintains | $15 → $15 | +15.54% | Jul 24, 2024 |
Financial Forecast
Revenue This Year
332.40M
Revenue Next Year
413.95M
from 332.40M
Increased by 24.53%
EPS This Year
1.30
from 1.63
Decreased by -20.35%
EPS Next Year
1.54
from 1.30
Increased by 18.66%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 369.3M | 524.0M | 463.2M |
| Avg | 332.4M | 414.0M | 405.5M |
| Low | 314.0M | 356.4M | 366.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 57.6% | 11.9% |
| Avg | - | 24.5% | -2.0% |
| Low | - | 7.2% | -11.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.38 | 1.65 | 1.76 |
| Avg | 1.30 | 1.54 | 1.65 |
| Low | 1.23 | 1.47 | 1.57 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -15.8% | 26.8% | 14.3% |
| Avg | -20.3% | 18.7% | 6.8% |
| Low | -24.4% | 12.7% | 1.6% |
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.