PennyMac Mortgage Investment Trust (NYSE:PMT) Stock Price Down 10% – Time to Sell?

PennyMac Mortgage Investment Trust (NYSE:PMT) dropped 10% during mid-day trading on Friday . The stock traded as low as $12.70 and last traded at $12.1620. Approximately 110,220 shares were traded during trading, a decline of 90% from the average daily volume of 1,136,096 shares. The stock had previously closed at $13.51.

Trending Headlines about PennyMac Mortgage Investment Trust

Here are the key news stories impacting PennyMac Mortgage Investment Trust this week:

• Positive Sentiment: Q4 EPS beat consensus — reported $0.48 vs. $0.41 expected, showing underlying profitability that exceeded analyst EPS estimates. PennyMac Mortgage (PMT) Q4 Earnings Beat Estimates
• Positive Sentiment: Management expects to complete ~30 securitizations in 2026 as it accelerates portfolio rotation — a strategic move that could improve funding flexibility and risk positioning over the year. PennyMac projects 30 securitizations in 2026
• Neutral Sentiment: The company filed its formal press release, slide deck and earnings call transcript (useful for digging into driver-level details, hedging, and portfolio composition). PennyMac Mortgage Investment Trust Reports Fourth Quarter and Full-Year 2025 Results
• Neutral Sentiment: Earnings call transcript and slide deck provide management commentary on cash flow, hedging, and the securitization timeline — review for clarity on dividend coverage and expected NII trajectory. Q4 2025 Earnings Call Transcript
• Negative Sentiment: Revenue missed materially — reported revenue (~$33.2M) was well below analyst expectations (~$96.96M), raising questions about the sustainability of current cash flows that support the dividend. PennyMac Mortgage Faces Test of Dividend Strength After Revenue Decline
• Negative Sentiment: Market reacted sharply to the mixed print and revenue shortfall — several outlets report a steep share drop and elevated trading volume as investors reassess dividend risk and near-term earnings visibility. Shares plunge on worse-than-expected Q4 results

Wall Street Analysts Forecast Growth

Several research firms have weighed in on PMT. Citizens Jmp lowered their price objective on shares of PennyMac Mortgage Investment Trust from $15.50 to $15.00 and set a “market outperform” rating on the stock in a research report on Thursday, January 22nd. Citigroup reaffirmed an “outperform” rating on shares of PennyMac Mortgage Investment Trust in a research report on Thursday, January 22nd. Weiss Ratings restated a “hold (c-)” rating on shares of PennyMac Mortgage Investment Trust in a research report on Monday, December 29th. Zacks Research upgraded PennyMac Mortgage Investment Trust from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 21st. Finally, Keefe, Bruyette & Woods raised shares of PennyMac Mortgage Investment Trust from a “market perform” rating to an “outperform” rating and set a $13.50 price target for the company in a research report on Thursday, December 18th. Three equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $13.75.

PennyMac Mortgage Investment Trust Price Performance

The stock’s 50-day moving average is $12.92 and its 200-day moving average is $12.48. The firm has a market cap of $1.03 billion, a P/E ratio of 12.08, a price-to-earnings-growth ratio of 1.11 and a beta of 1.27. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 4.72.

PennyMac Mortgage Investment Trust (NYSE:PMT) last posted its quarterly earnings results on Thursday, January 29th. The real estate investment trust reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.07. PennyMac Mortgage Investment Trust had a net margin of 41.59% and a return on equity of 9.53%. The firm had revenue of $33.20 million for the quarter, compared to the consensus estimate of $96.96 million. As a group, equities analysts anticipate that PennyMac Mortgage Investment Trust will post 1.54 EPS for the current fiscal year.

PennyMac Mortgage Investment Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 23rd. Stockholders of record on Friday, December 26th were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 13.5%. The ex-dividend date of this dividend was Friday, December 26th. PennyMac Mortgage Investment Trust’s dividend payout ratio (DPR) is 163.27%.

Insider Buying and Selling at PennyMac Mortgage Investment Trust

In other news, CEO David Spector acquired 10,000 shares of the firm’s stock in a transaction that occurred on Monday, November 17th. The stock was purchased at an average price of $12.40 per share, for a total transaction of $124,000.00. Following the completion of the acquisition, the chief executive officer owned 357,794 shares in the company, valued at $4,436,645.60. This trade represents a 2.88% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.92% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of PMT. Trust Co. of Vermont acquired a new position in PennyMac Mortgage Investment Trust in the 2nd quarter valued at about $25,000. Flagship Harbor Advisors LLC bought a new position in shares of PennyMac Mortgage Investment Trust in the 4th quarter valued at $26,000. Allworth Financial LP raised its stake in PennyMac Mortgage Investment Trust by 1,741.7% during the second quarter. Allworth Financial LP now owns 2,118 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 2,003 shares in the last quarter. Signaturefd LLC increased its position in PennyMac Mortgage Investment Trust by 53.8% during the 2nd quarter. Signaturefd LLC now owns 2,486 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 870 shares in the last quarter. Finally, GAMMA Investing LLC increased its holdings in shares of PennyMac Mortgage Investment Trust by 102.8% during the fourth quarter. GAMMA Investing LLC now owns 2,752 shares of the real estate investment trust’s stock worth $35,000 after buying an additional 1,395 shares in the last quarter. 67.38% of the stock is currently owned by institutional investors.

About PennyMac Mortgage Investment Trust

PennyMac Mortgage Investment Trust (NYSE: PMT) is a publicly traded real estate investment trust (REIT) that primarily acquires and manages residential mortgage loans and mortgage-related assets. The company focuses on generating attractive risk-adjusted returns through investment in agency and non-agency residential mortgage pools, credit risk transfer securities, and residential mortgage whole loans. As a mortgage REIT, PennyMac Investment Trust seeks to capture both interest rate spread and potential price appreciation in its portfolio holdings.

Established with external management by PennyMac Financial Services, Inc, the trust leverages the sponsor’s mortgage servicing, underwriting and capital markets expertise.