PennyMac Mortgage Investment Trust (PMT)
NYSE: PMT · Real-Time Price · USD
10.28
-0.18 (-1.72%)
At close: May 15, 2026, 4:00 PM EDT
10.38
+0.10 (0.97%)
After-hours: May 15, 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 $12.63, which forecasts a 22.86% increase in the stock price over the next year. The lowest target is $12 and the highest is $13.5.
Price Target: $12.63 (+22.86%)
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 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 1 | 0 |
| Hold | 3 | 3 | 3 | 3 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy → Hold Downgrades $14 → $12 | Buy → Hold | Downgrades | $14 → $12 | +16.73% | May 8, 2026 |
| Wells Fargo | Wells Fargo | Hold Maintains $13 → $12 | Hold | Maintains | $13 → $12 | +16.73% | May 7, 2026 |
| Piper Sandler | Piper Sandler | Hold Maintains $14 → $13 | Hold | Maintains | $14 → $13 | +26.46% | Apr 2, 2026 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold → Buy Upgrades $14 | Hold → Buy | Upgrades | $14 | +31.32% | Dec 18, 2025 |
| UBS | UBS | Hold Maintains $13 → $14 | Hold | Maintains | $13 → $14 | +31.32% | Oct 24, 2025 |
Financial Forecast
Revenue This Year
389.23M
from 721.17M
Decreased by -46.03%
Revenue Next Year
400.42M
from 389.23M
Increased by 2.87%
EPS This Year
1.59
from 0.99
Increased by 61.42%
EPS Next Year
1.66
from 1.59
Increased by 3.91%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 412.2M | 440.1M | |
| Avg | 389.2M | 400.4M | |
| Low | 366.5M | 362.6M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | -42.8% | 13.1% | |
| Avg | -46.0% | 2.9% | |
| Low | -49.2% | -6.8% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 1.73 | 1.81 | |
| Avg | 1.59 | 1.66 | |
| Low | 1.37 | 1.52 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 75.4% | 13.3% | |
| Avg | 61.4% | 3.9% | |
| Low | 38.9% | -4.7% |
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 sources.