PennyMac Mortgage Investment Trust (NYSE:PMT) Sets New 1-Year Low – Time to Sell?

Posted by Brenda Bartman on Sep 21st, 2026

PennyMac Mortgage Investment Trust (NYSE:PMT – Get Free Report)’s stock price reached a new 52-week low during trading on Monday . The company traded as low as $8.80 and last traded at $8.9120, with a volume of 4395100 shares traded. The stock had previously closed at $8.80.

Analysts Set New Price Targets

Several brokerages have weighed in on PMT. Weiss Ratings reissued a “sell (d+)” rating on shares of PennyMac Mortgage Investment Trust in a research note on Tuesday, August 18th. UBS Group reduced their price target on shares of PennyMac Mortgage Investment Trust from $11.25 to $10.00 and set a “neutral” rating on the stock in a research note on Friday, August 21st. Wells Fargo & Company decreased their price objective on shares of PennyMac Mortgage Investment Trust from $12.00 to $10.00 and set an “equal weight” rating for the company in a report on Friday, July 31st. Piper Sandler dropped their target price on shares of PennyMac Mortgage Investment Trust from $11.50 to $10.00 and set a “neutral” rating on the stock in a research note on Thursday, July 30th. Finally, Deutsche Bank Aktiengesellschaft raised shares of PennyMac Mortgage Investment Trust from a “hold” rating to a “buy” rating and set a $12.00 price target for the company in a research note on Saturday, August 15th. Three investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $11.50.

Get Our Latest Stock Analysis on PennyMac Mortgage Investment Trust

PennyMac Mortgage Investment Trust Stock Performance

The business has a 50 day simple moving average of $9.49 and a 200 day simple moving average of $10.54. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 9.18. The company has a market capitalization of $775.66 million, a PE ratio of 6.24, a PEG ratio of 0.65 and a beta of 1.14.

PennyMac Mortgage Investment Trust (NYSE:PMT – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $0.23 EPS for the quarter, missing the consensus estimate of $0.30 by ($0.07). The company had revenue of ($46.00) million during the quarter, compared to analysts’ expectations of $93.93 million. PennyMac Mortgage Investment Trust had a net margin of 47.79% and a return on equity of 12.50%. Equities research analysts predict that PennyMac Mortgage Investment Trust will post 1.03 EPS for the current fiscal year.

PennyMac Mortgage Investment Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, October 23rd. Shareholders of record on Thursday, October 8th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Thursday, October 8th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 18.0%. PennyMac Mortgage Investment Trust’s dividend payout ratio (DPR) is currently 112.68%.

Institutional Investors Weigh In On PennyMac Mortgage Investment Trust

A number of large investors have recently made changes to their positions in PMT. Squarepoint Ops LLC acquired a new position in PennyMac Mortgage Investment Trust in the 2nd quarter worth approximately $432,000. Nykredit A S acquired a new stake in PennyMac Mortgage Investment Trust during the 2nd quarter valued at approximately $37,000. Corient Private Wealth LP purchased a new stake in shares of PennyMac Mortgage Investment Trust in the 2nd quarter valued at $1,747,000. Wedbush Securities Inc. increased its stake in shares of PennyMac Mortgage Investment Trust by 1.6% in the second quarter. Wedbush Securities Inc. now owns 92,059 shares of the real estate investment trust’s stock worth $1,038,000 after acquiring an additional 1,469 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of PennyMac Mortgage Investment Trust by 967.6% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 160,070 shares of the real estate investment trust’s stock worth $1,806,000 after acquiring an additional 145,076 shares during the period. 67.38% of the stock is owned by hedge funds and other institutional investors.