PennyMac Mortgage Investment Trust (PMT)
NYSE: PMT · Real-Time Price · USD
12.12
+0.17 (1.42%)
At close: Apr 24, 2026, 4:00 PM EDT
11.95
-0.17 (-1.40%)
After-hours: Apr 24, 2026, 7:51 PM EDT
PMT Stock Forecast
Stock Price Forecast
The 4 analysts that cover PMT stock have a consensus rating of "Hold" and an average price target of $13.5, which forecasts a 11.39% increase in the stock price over the next year. The lowest target is $13 and the highest is $14.
Price Target: $13.5 (+11.39%)
Analyst Consensus: Hold
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 | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 2 | 2 | 2 | 2 | 1 |
| Hold | 5 | 3 | 3 | 3 | 3 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 5 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Hold Maintains $14 → $13 | Hold | Maintains | $14 → $13 | +7.26% | Apr 2, 2026 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold → Buy Upgrades $14 | Hold → Buy | Upgrades | $14 | +11.39% | Dec 18, 2025 |
| UBS | UBS | Hold Maintains $13 → $14 | Hold | Maintains | $13 → $14 | +11.39% | Oct 24, 2025 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy → Hold Downgrades $15 → $14 | Buy → Hold | Downgrades | $15 → $14 | +11.39% | Jul 25, 2025 |
| Wells Fargo | Wells Fargo | Hold Maintains $13 → $14 | Hold | Maintains | $13 → $14 | +15.51% | May 2, 2025 |
Financial Forecast
Revenue This Year
394.29M
from 721.17M
Decreased by -45.33%
Revenue Next Year
400.42M
from 394.29M
Increased by 1.55%
EPS This Year
1.56
from 0.99
Increased by 58.01%
EPS Next Year
1.63
from 1.56
Increased by 4.21%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 425.7M | 440.1M | |
| Avg | 394.3M | 400.4M | |
| Low | 366.5M | 362.6M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | -41.0% | 11.6% | |
| Avg | -45.3% | 1.6% | |
| Low | -49.2% | -8.0% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 1.72 | 1.76 | |
| Avg | 1.56 | 1.63 | |
| Low | 1.37 | 1.51 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 74.4% | 13.0% | |
| Avg | 58.0% | 4.2% | |
| Low | 38.9% | -3.3% |
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.