PennyMac Mortgage Investment Trust (PMT) – What Are Investment Firms Saying About This Stock?

Posted by Francis Steltz on Oct 25th, 2026

PennyMac Mortgage Investment Trust (NYSE:PMT – Get Free Report) has been given an average recommendation of “Hold” by the nine brokerages that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating on the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $10.92.

PMT has been the topic of several research analyst reports. Citizens Jmp decreased their price target on shares of PennyMac Mortgage Investment Trust from $15.00 to $12.50 and set a “market outperform” rating on the stock in a research note on Thursday, October 15th. Deutsche Bank Aktiengesellschaft upgraded shares of PennyMac Mortgage Investment Trust from a “hold” rating to a “buy” rating and set a $12.00 price objective for the company in a research report on Saturday, August 15th. Piper Sandler reduced their price objective on PennyMac Mortgage Investment Trust from $10.00 to $9.00 and set a “neutral” rating on the stock in a report on Friday, October 9th. Zacks Research upgraded PennyMac Mortgage Investment Trust from a “strong sell” rating to a “hold” rating in a research report on Friday, October 16th. Finally, UBS Group decreased their price objective on PennyMac Mortgage Investment Trust from $11.25 to $10.00 and set a “neutral” rating on the stock in a research report on Friday, August 21st.

View Our Latest Report on PMT

PennyMac Mortgage Investment Trust Stock Up 0.8%

Shares of NYSE:PMT opened at $7.06 on Friday. PennyMac Mortgage Investment Trust has a 12 month low of $6.70 and a 12 month high of $13.81. The company’s 50-day moving average price is $8.49 and its two-hundred day moving average price is $9.84. 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 firm has a market cap of $615.89 million, a P/E ratio of 4.97, a P/E/G ratio of 0.40 and a beta of 1.20.

PennyMac Mortgage Investment Trust (NYSE:PMT – Get Free Report) last announced its earnings results on Wednesday, July 29th. The real estate investment trust reported $0.23 earnings per share for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.07). PennyMac Mortgage Investment Trust had a return on equity of 12.50% and a net margin of 47.79%. The company had revenue of ($46.00) million during the quarter, compared to the consensus estimate of $93.93 million. As a group, research analysts forecast that PennyMac Mortgage Investment Trust will post 1.02 EPS for the current fiscal year.

PennyMac Mortgage Investment Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, October 23rd. Stockholders of record on Thursday, October 8th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 22.7%. The ex-dividend date of this dividend was Thursday, October 8th. PennyMac Mortgage Investment Trust’s dividend payout ratio is 112.68%.

Hedge Funds Weigh In On PennyMac Mortgage Investment Trust

Several hedge funds have recently added to or reduced their stakes in PMT. BlackRock Inc. acquired a new position in PennyMac Mortgage Investment Trust in the second quarter valued at approximately $164,344,000. Beach Point Capital Management LP bought a new position in PennyMac Mortgage Investment Trust in the third quarter valued at approximately $6,702,000. Royal Bank of Canada boosted its stake in PennyMac Mortgage Investment Trust by 1,469.4% in the first quarter. Royal Bank of Canada now owns 642,149 shares of the real estate investment trust’s stock valued at $7,488,000 after acquiring an additional 601,233 shares during the last quarter. Bank of New York Mellon Corp acquired a new stake in PennyMac Mortgage Investment Trust during the 2nd quarter worth $6,137,000. Finally, Bank of America Corp DE bought a new stake in shares of PennyMac Mortgage Investment Trust during the 2nd quarter valued at $4,549,000. Institutional investors own 67.38% of the company’s stock.

PennyMac Mortgage Investment Trust Company Profile

(Get Free Report)

PennyMac Mortgage Investment Trust (NYSE: PMT) is a mortgage real estate investment trust that invests primarily in residential mortgage loans and mortgage-related assets. The company seeks to generate income through investments tied to the U.S. residential mortgage market, including credit-sensitive and interest-rate-sensitive assets.

PMT’s business activities include acquiring and managing mortgage loans, mortgage-backed securities and related investments. Through its correspondent production strategy, the trust invests in newly originated residential mortgage loans purchased from correspondent lenders.