NYSE:PMT PennyMac Mortgage Investment Trust (PMT) Stock Price, News & Analysis → Forget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THIS (From Paradigm Press) (Ad) Free PMT Stock Alerts $13.91 +0.25 (+1.83%) (As of 04/23/2024 ET) Add Compare Share Share Today's Range$13.55▼$13.9350-Day Range$13.24▼$14.7452-Week Range$10.52▼$15.89Volume463,306 shsAverage Volume617,413 shsMarket Capitalization$1.21 billionP/E Ratio8.64Dividend Yield11.50%Price Target$14.58 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get PennyMac Mortgage Investment Trust alerts: Email Address PennyMac Mortgage Investment Trust MarketRank™ Stock AnalysisAnalyst RatingHold2.40 Rating ScoreUpside/Downside5.0% Upside$14.58 Price TargetShort InterestHealthy2.26% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.35Based on 10 Articles This WeekInsider TradingSelling Shares$123,532 Sold Last QuarterProj. Earnings Growth9.63%From $1.35 to $1.48 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.16 out of 5 starsFinance Sector473rd out of 838 stocksReal Estate Investment Trusts Industry95th out of 171 stocks 1.2 Analyst's Opinion Consensus RatingPennyMac Mortgage Investment Trust has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoveragePennyMac Mortgage Investment Trust has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.26% of the float of PennyMac Mortgage Investment Trust has been sold short.Short Interest Ratio / Days to CoverPennyMac Mortgage Investment Trust has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in PennyMac Mortgage Investment Trust has recently increased by 1.58%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend LeadershipPennyMac Mortgage Investment Trust is a leading dividend payer. It pays a dividend yield of 11.80%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPennyMac Mortgage Investment Trust does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of PennyMac Mortgage Investment Trust is 99.38%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, PennyMac Mortgage Investment Trust will have a dividend payout ratio of 108.11% in the coming year. This indicates that PennyMac Mortgage Investment Trust may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PMT. Previous Next 3.5 News and Social Media Coverage News SentimentPennyMac Mortgage Investment Trust has a news sentiment score of 1.35. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 10 news articles for PennyMac Mortgage Investment Trust this week, compared to 2 articles on an average week.Search Interest21 people have searched for PMT on MarketBeat in the last 30 days. This is an increase of 133% compared to the previous 30 days.MarketBeat FollowsOnly 8 people have added PennyMac Mortgage Investment Trust to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, PennyMac Mortgage Investment Trust insiders have sold 1,722.27% more of their company's stock than they have bought. Specifically, they have bought $6,779.00 in company stock and sold $123,532.00 in company stock.Percentage Held by InsidersOnly 0.90% of the stock of PennyMac Mortgage Investment Trust is held by insiders.Percentage Held by Institutions67.38% of the stock of PennyMac Mortgage Investment Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for PennyMac Mortgage Investment Trust are expected to grow by 9.63% in the coming year, from $1.35 to $1.48 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of PennyMac Mortgage Investment Trust is 8.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.57.Price to Earnings Ratio vs. SectorThe P/E ratio of PennyMac Mortgage Investment Trust is 8.63, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 59.50.Price to Book Value per Share RatioPennyMac Mortgage Investment Trust has a P/B Ratio of 0.85. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto Swap ProfitsClaim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.Secure Your Spot Now About PennyMac Mortgage Investment Trust Stock (NYSE:PMT)PennyMac Mortgage Investment Trust, through its subsidiary, primarily invests in mortgage-related assets in the United States. The company operates through: Credit Sensitive Strategies, Interest Rate Sensitive Strategies, Correspondent Production segments. Its Credit Sensitive Strategies segment invests in credit risk transfer (CRT) agreements, CRT securities, subordinate mortgage-backed securities (MBS), distressed loans, and real estate. The company's Interest Rate Sensitive Strategies segment engages in investing in mortgage servicing rights, excess servicing spreads, and agency and senior non-agency MBS, as well as related interest rate hedging activities. Its Correspondent Production segment is involved in purchasing, pooling, and reselling newly originated prime credit residential loans directly or in the form of MBS. The company primarily sells its loans to government-sponsored entities or PennyMac Loan Services, LLC. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its shareholders. The company was incorporated in 2009 and is headquartered in Westlake Village, California.Read More PMT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PMT Stock News HeadlinesApril 23, 2024 | markets.businessinsider.comPennyMac Mortgage Investment Trust earnings preview: what Wall Street is expectingApril 22, 2024 | americanbankingnews.comPennyMac Mortgage Investment Trust (PMT) Scheduled to Post Quarterly Earnings on WednesdayApril 23, 2024 | Traders Agency (Ad)top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.April 20, 2024 | americanbankingnews.comPennyMac Mortgage Investment Trust (NYSE:PMT) Stock Rating Reaffirmed by JMP SecuritiesApril 18, 2024 | finance.yahoo.comPennyMac Mortgage Investment Trust (PMT)April 17, 2024 | msn.comPennyMac Mortgage Investment Trust - Preferred Security (PMTU) Price Target Increased by 10.53% to 28.44April 17, 2024 | businesswire.comPennyMac Mortgage Investment Trust Announces Date for Release of First Quarter 2024 ResultsApril 10, 2024 | 247wallst.comWant $21,000 In Passive Income? Invest $40,000 In These Dividend StocksApril 23, 2024 | Crypto Swap Profits (Ad)Claim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? 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Absolutely no strings attached.March 21, 2024 | finance.yahoo.comPennyMac Mortgage Investment Trust Declares First Quarter 2024 Dividend for Its Common SharesFebruary 17, 2024 | finance.yahoo.comPMT Mar 2024 15.000 callFebruary 8, 2024 | msn.comPennyMac Mortgage Investment Trust CUM RED PFD B declares $0.50 dividendFebruary 8, 2024 | finance.yahoo.comPennyMac Mortgage Investment Trust Declares First Quarter 2024 Dividends for Its Preferred SharesFebruary 8, 2024 | msn.comPennyMac Mortgage Investment trust 6.75% Red PFD C declares $0.4219 dividendFebruary 3, 2024 | markets.businessinsider.comPennyMac Mortgage Hold Rating Reiterated Amidst Mixed Financial Performance and OutlookFebruary 3, 2024 | finance.yahoo.comPennyMac Mortgage Investment Trust Full Year 2023 Earnings: EPS Beats Expectations, Revenues LagFebruary 2, 2024 | finance.yahoo.comQ4 2023 PennyMac Mortgage Investment Trust Earnings CallFebruary 2, 2024 | finance.yahoo.comPennyMac Mortgage Investment Trust (NYSE:PMT) Q4 2023 Earnings Call TranscriptFebruary 1, 2024 | msn.comBest FHA Lenders of 2024February 1, 2024 | msn.comPennyMac Mortgage Investment Trust GAAP EPS of $0.44 beats by $0.10February 1, 2024 | tmcnet.comMarcus & Millichap Releases 2024 National Multifamily Investment ForecastFebruary 1, 2024 | finance.yahoo.comPennyMac Mortgage Investment Trust Reports Fourth Quarter and Full-Year 2023 ResultsFebruary 1, 2024 | seekingalpha.comPennyMac Mortgage Investment Trust 2023 Q4 - Results - Earnings Call PresentationJanuary 31, 2024 | wsj.comPennyMac Mortgage Investment Trust 8.125% Pfd. Series AJanuary 29, 2024 | finance.yahoo.comPennyMac Mortgage Investment Trust Announces Date for Release of Fourth Quarter and Full-Year 2023 ResultsJanuary 17, 2024 | seekingalpha.comComparing PennyMac Pfd C And Its New NoteDecember 31, 2023 | markets.businessinsider.comBTIG Keeps Their Hold Rating on PennyMac Mortgage (PMT)See More Headlines Receive PMT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for PennyMac Mortgage Investment Trust and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/03/2022Ex-Dividend for 1/26 Dividend12/28/2023Dividend Payable1/26/2024Ex-Dividend for 4/26 Dividend4/11/2024Today4/23/2024Next Earnings (Confirmed)4/24/2024Dividend Payable4/26/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryMortgage REITs Current SymbolNYSE:PMT CUSIP70931T10 CIK1464423 Webwww.pennymacmortgageinvestmenttrust.com Phone(818) 224-7028Fax818-936-0145Employees7Year FoundedN/APrice Target and Rating Average Stock Price Target$14.58 High Stock Price Target$16.00 Low Stock Price Target$13.50 Potential Upside/Downside+4.8%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$1.61 Trailing P/E Ratio8.64 Forward P/E Ratio10.30 P/E GrowthN/ANet Income$199.65 million Net Margins46.54% Pretax Margin20.98% Return on Equity14.15% Return on Assets1.45% Debt Debt-to-Equity Ratio1.37 Current Ratio0.28 Quick Ratio0.28 Sales & Book Value Annual Sales$429.02 million Price / Sales2.81 Cash Flow$2.54 per share Price / Cash Flow5.47 Book Value$16.34 per share Price / Book0.85Miscellaneous Outstanding Shares86,650,000Free Float85,866,000Market Cap$1.21 billion OptionableOptionable Beta1.48 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. David A. Spector (Age 61)Chairman of the Board & CEO Mr. Douglas Edward Jones (Age 67)President, Chief Mortgage Banking Officer & Director Mr. Daniel Stanley Perotti (Age 43)Senior MD & CFO Mr. Derek W. Stark J.D. (Age 56)Senior MD, Chief Legal Officer & Secretary Mr. William ChangSenior MD & Chief Investment OfficerMr. Gregory L. Hendry (Age 63)Chief Accounting Officer Mr. Kevin ChamberlainExecutive Vice President of Investor RelationsMr. James Follette (Age 51)Senior MD & Chief Digital Officer Mr. Scott BridgesSenior Managing Director of Consumer Direct Lending DivisionMs. Pamela K. Marsh CPAMD & TreasurerMore ExecutivesKey CompetitorsTwo Harbors InvestmentNYSE:TWOMFA FinancialNYSE:MFAChimera InvestmentNYSE:CIMReady CapitalNYSE:RCARMOUR Residential REITNYSE:ARRView All CompetitorsInsiders & InstitutionsRDA Financial NetworkSold 1,000 shares on 4/11/2024Ownership: 0.025%Roble Belko & Company IncBought 2,000 shares on 4/11/2024Ownership: 0.002%Quadrature Capital LtdBought 15,613 shares on 3/25/2024Ownership: 0.018%B. Riley Wealth Advisors Inc.Bought 18,695 shares on 3/15/2024Ownership: 0.230%HBK Investments L PBought 319,000 shares on 3/14/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions PMT Stock Analysis - Frequently Asked Questions Should I buy or sell PennyMac Mortgage Investment Trust stock right now? 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PennyMac Mortgage Investment Trust in the last twelve months. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" PMT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PMT, but not buy additional shares or sell existing shares. View PMT analyst ratings or view top-rated stocks. What is PennyMac Mortgage Investment Trust's stock price target for 2024? 5 brokerages have issued 12-month price objectives for PennyMac Mortgage Investment Trust's stock. Their PMT share price targets range from $13.50 to $16.00. On average, they anticipate the company's stock price to reach $14.58 in the next twelve months. This suggests a possible upside of 5.0% from the stock's current price. View analysts price targets for PMT or view top-rated stocks among Wall Street analysts. How have PMT shares performed in 2024? PennyMac Mortgage Investment Trust's stock was trading at $14.95 on January 1st, 2024. Since then, PMT stock has decreased by 7.1% and is now trading at $13.89. View the best growth stocks for 2024 here. When is PennyMac Mortgage Investment Trust's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024. View our PMT earnings forecast. How can I listen to PennyMac Mortgage Investment Trust's earnings call? PennyMac Mortgage Investment Trust will be holding an earnings conference call on Wednesday, April 24th at 6:00 PM Eastern. Interested parties can register for or listen to the call using this link. How were PennyMac Mortgage Investment Trust's earnings last quarter? PennyMac Mortgage Investment Trust (NYSE:PMT) released its quarterly earnings data on Thursday, February, 3rd. The real estate investment trust reported ($0.28) EPS for the quarter, missing the consensus estimate of $0.49 by $0.77. PennyMac Mortgage Investment Trust had a net margin of 46.54% and a trailing twelve-month return on equity of 14.15%. During the same quarter last year, the company earned $0.78 EPS. How often does PennyMac Mortgage Investment Trust pay dividends? What is the dividend yield for PennyMac Mortgage Investment Trust? PennyMac Mortgage Investment Trust announced a quarterly dividend on Thursday, March 21st. Shareholders of record on Friday, April 12th will be given a dividend of $0.40 per share on Friday, April 26th. This represents a $1.60 annualized dividend and a yield of 11.52%. The ex-dividend date of this dividend is Thursday, April 11th. Read our dividend analysis for PMT. Is PennyMac Mortgage Investment Trust a good dividend stock? PennyMac Mortgage Investment Trust (NYSE:PMT) pays an annual dividend of $1.60 per share and currently has a dividend yield of 11.80%. PMT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 99.38%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, PMT will have a dividend payout ratio of 108.11% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for PMT. What ETFs hold PennyMac Mortgage Investment Trust's stock? ETFs with the largest weight of PennyMac Mortgage Investment Trust (NYSE:PMT) stock in their portfolio include Kingsbarn Dividend Opportunity ETF (DVDN), AXS Real Estate Income ETF (RINC), iShares Mortgage Real Estate ETF (REM), VanEck Mortgage REIT Income ETF (MORT), First Trust Multi-Asset Diversified Income Index Fund (MDIV), Hoya Capital High Dividend Yield ETF (RIET).ETC 6 Meridian Small Cap Equity ETF (SIXS) and What other stocks do shareholders of PennyMac Mortgage Investment Trust own? Based on aggregate information from My MarketBeat watchlists, some companies that other PennyMac Mortgage Investment Trust investors own include New Residential Investment (NRZ), Energy Transfer (ET), AT&T (T), Enterprise Products Partners (EPD), New York Mortgage Trust (NYMT), Annaly Capital Management (NLY), Prospect Capital (PSEC), AGNC Investment (AGNC), Invesco Mortgage Capital (IVR) and Main Street Capital (MAIN). Who are PennyMac Mortgage Investment Trust's major shareholders? PennyMac Mortgage Investment Trust's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include RDA Financial Network (0.03%) and Roble Belko & Company Inc (0.00%). Insiders that own company stock include Catherine A Lynch, David Spector, Doug Jones, Marianne Sullivan, Scott W Carnahan and Stacey D Stewart. View institutional ownership trends. How do I buy shares of PennyMac Mortgage Investment Trust? Shares of PMT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:PMT) was last updated on 4/23/2024 by MarketBeat.com Staff From Our PartnersSHOCKING Crypto Leak…Crypto 101 MediaDid You Get Your Free Bitcoin Yet?Crypto Swap Profitstop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyDon’t Miss Out on the AI Gold Rush That’s Just Getting StartedBanyan Hill PublishingMan Who Predicted 2008: “This Will be Worse.”AltimetryGreat Crypto BullWeiss RatingsThe Next Nvidia?InvestorPlaceExposed: 10 CENT Crypto to Explode April 20th?True Market Insiders Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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