PennyMac Mortgage Investment Trust (PMT) to Release Earnings on Tuesday

PennyMac Mortgage Investment Trust (NYSE:PMT) is expected to be posting its Q2 2025 quarterly earnings results before the market opens on Tuesday, July 22nd. Analysts expect PennyMac Mortgage Investment Trust to post earnings of $0.36 per share and revenue of $95.46 million for the quarter.

PennyMac Mortgage Investment Trust (NYSE:PMT) last announced its earnings results on Tuesday, April 22nd. The real estate investment trust reported ($0.01) EPS for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.39). PennyMac Mortgage Investment Trust had a net margin of 40.42% and a return on equity of 8.87%. The firm had revenue of $44.47 million for the quarter, compared to analysts’ expectations of $94.36 million. During the same quarter last year, the business earned $0.39 earnings per share. On average, analysts expect PennyMac Mortgage Investment Trust to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

PennyMac Mortgage Investment Trust Stock Performance

Shares of PennyMac Mortgage Investment Trust stock opened at $12.63 on Tuesday. The company has a debt-to-equity ratio of 2.75, a current ratio of 0.63 and a quick ratio of 0.63. The stock has a market capitalization of $1.10 billion, a price-to-earnings ratio of 13.58, a price-to-earnings-growth ratio of 1.24 and a beta of 1.24. The business has a 50-day moving average of $12.67 and a 200 day moving average of $13.17. PennyMac Mortgage Investment Trust has a 12 month low of $11.77 and a 12 month high of $14.98.

PennyMac Mortgage Investment Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, July 25th. Shareholders of record on Friday, July 11th will be given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 12.67%. The ex-dividend date of this dividend is Friday, July 11th. PennyMac Mortgage Investment Trust’s dividend payout ratio is currently 172.04%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on PMT shares. Wells Fargo & Company dropped their price target on PennyMac Mortgage Investment Trust from $14.00 to $13.00 and set an “equal weight” rating on the stock in a research note on Friday, May 2nd. Keefe, Bruyette & Woods dropped their price target on PennyMac Mortgage Investment Trust from $15.50 to $14.50 and set an “outperform” rating on the stock in a research note on Thursday, April 24th. UBS Group dropped their price target on PennyMac Mortgage Investment Trust from $13.25 to $13.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 16th. Finally, Jones Trading restated a “hold” rating on shares of PennyMac Mortgage Investment Trust in a research note on Thursday, April 24th. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $14.50.

Insider Buying and Selling at PennyMac Mortgage Investment Trust

In related news, Director Catherine A. Lynch purchased 2,878 shares of the business’s stock in a transaction dated Thursday, April 24th. The stock was bought at an average cost of $12.15 per share, with a total value of $34,967.70. Following the completion of the acquisition, the director directly owned 49,254 shares in the company, valued at $598,436.10. The trade was a 6.21% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.92% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On PennyMac Mortgage Investment Trust

Several institutional investors have recently added to or reduced their stakes in the business. AQR Capital Management LLC increased its stake in PennyMac Mortgage Investment Trust by 36.7% during the first quarter. AQR Capital Management LLC now owns 16,155 shares of the real estate investment trust’s stock worth $237,000 after acquiring an additional 4,335 shares during the last quarter. Intech Investment Management LLC increased its stake in PennyMac Mortgage Investment Trust by 1.3% during the first quarter. Intech Investment Management LLC now owns 109,272 shares of the real estate investment trust’s stock worth $1,601,000 after acquiring an additional 1,411 shares during the last quarter. Finally, Jane Street Group LLC acquired a new stake in PennyMac Mortgage Investment Trust during the first quarter worth about $4,166,000. 67.38% of the stock is currently owned by institutional investors and hedge funds.

About PennyMac Mortgage Investment Trust

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.