NYSE:PMT PennyMac Mortgage Investment Trust (PMT) Stock Price, News & Analysis → Everybody laughed when he recommended Netflix (From Stansberry Research) (Ad) Free PMT Stock Alerts $13.96 -0.99 (-6.62%) (As of 10:57 AM ET) Add Compare Share Share Today's Range$13.92▼$14.8150-Day Range$13.24▼$15.1752-Week Range$10.52▼$15.89Volume899,396 shsAverage Volume606,540 shsMarket Capitalization$1.21 billionP/E Ratio9.31Dividend Yield11.46%Price Target$14.92 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 RatingHold2.33 Rating ScoreUpside/Downside0.2% Downside$14.92 Price TargetShort InterestHealthy2.62% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.98Based on 3 Articles This WeekInsider TradingSelling Shares$123,532 Sold Last QuarterProj. Earnings Growth5.56%From $1.44 to $1.52 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.3.03 out of 5 starsFinance Sector458th out of 847 stocksReal Estate Investment Trusts Industry98th out of 174 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 2.33, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings.Amount of Analyst CoveragePennyMac Mortgage Investment Trust has only been the subject of 3 research reports in the past 90 days.Read more about PennyMac Mortgage Investment Trust's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.62% 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 3.5, 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 decreased by 3.45%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend LeadershipPennyMac Mortgage Investment Trust is a leading dividend payer. It pays a dividend yield of 10.64%, 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 106.67%. 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 105.26% in the coming year. This indicates that PennyMac Mortgage Investment Trust may not be able to sustain their current dividend.Read more about PennyMac Mortgage Investment Trust's 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 3.3 News and Social Media Coverage News SentimentPennyMac Mortgage Investment Trust has a news sentiment score of 0.98. 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 0.67 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for PennyMac Mortgage Investment Trust this week, compared to 2 articles on an average week.Search InterestOnly 9 people have searched for PMT on MarketBeat in the last 30 days. This is a decrease of -61% compared to the previous 30 days.MarketBeat Follows9 people have added PennyMac Mortgage Investment Trust to their MarketBeat watchlist in the last 30 days. This is an increase of 50% 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 1,117.54% more of their company's stock than they have bought. Specifically, they have bought $10,146.00 in company stock and sold $123,532.00 in company stock.Percentage Held by InsidersOnly 0.89% 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.Read more about PennyMac Mortgage Investment Trust's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for PennyMac Mortgage Investment Trust are expected to grow by 5.56% in the coming year, from $1.44 to $1.52 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of PennyMac Mortgage Investment Trust is 9.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.55.Price to Earnings Ratio vs. SectorThe P/E ratio of PennyMac Mortgage Investment Trust is 9.96, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 53.41.Price to Book Value per Share RatioPennyMac Mortgage Investment Trust has a P/B Ratio of 0.91. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about PennyMac Mortgage Investment Trust's valuation and earnings. 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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 HeadlinesMay 1, 2024 | insidertrades.comInsider Buying: PennyMac Mortgage Investment Trust (NYSE:PMT) Director Purchases 715 Shares of StockMay 21 at 10:53 AM | finance.yahoo.comPennyMac Mortgage Investment Trust Announces Proposed Private Placement of Exchangeable Senior NotesMay 21 at 8:01 AM | seekingalpha.comPennyMac Mortgage Investment Trust to offer $200M notes in private offeringMay 19 at 2:56 AM | americanbankingnews.comPennyMac Mortgage Investment Trust (NYSE:PMT) Receives Average Rating of "Hold" from AnalystsMay 16, 2024 | businesswire.comPennyMac Mortgage Investment Trust Declares Second Quarter 2024 Dividends for Its Preferred SharesMay 13, 2024 | americanbankingnews.comPennyMac Mortgage Investment Trust (NYSE:PMT) Given Neutral Rating at Piper SandlerMay 11, 2024 | americanbankingnews.comHead-To-Head Analysis: NNN REIT (NYSE:NNN) versus PennyMac Mortgage Investment Trust (NYSE:PMT)May 7, 2024 | 247wallst.comFor $10,000 in Passive Income, Invest $7,500 in These 12 Dividend StocksApril 26, 2024 | seekingalpha.comPennyMac Mortgage Investment Trust (PMT) Q1 2024 Earnings Call TranscriptApril 26, 2024 | uk.finance.yahoo.comPennyMac Mortgage Investment Trust First Quarter 2024 Earnings: EPS Beats Expectations, Revenues LagApril 24, 2024 | msn.comPennyMac Mortgage Q1 earnings beat, helped again by credit sensitive strategiesApril 24, 2024 | businesswire.comPennyMac Mortgage Investment Trust Reports First Quarter 2024 ResultsApril 23, 2024 | markets.businessinsider.comPennyMac Mortgage Investment Trust earnings preview: what Wall Street is expectingApril 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 StocksMarch 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 CallSee 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 4/26 Dividend4/11/2024Dividend Payable4/26/2024Today5/21/2024Next Earnings (Estimated)7/25/2024Fiscal 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$14.92 High Stock Price Target$16.00 Low Stock Price Target$13.50 Potential Upside/Downside-0.2%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$1.50 Trailing P/E Ratio9.96 Forward P/E Ratio10.38 P/E GrowthN/ANet Income$199.65 million Net Margins45.19% Pretax Margin57.64% Return on Equity13.25% Return on Assets1.43% Debt Debt-to-Equity Ratio1.37 Current Ratio0.34 Quick Ratio0.34 Sales & Book Value Annual Sales$429.02 million Price / Sales3.02 Cash Flow$2.46 per share Price / Cash Flow6.07 Book Value$16.34 per share Price / Book0.91Miscellaneous Outstanding Shares86,850,000Free Float86,072,000Market Cap$1.30 billion OptionableOptionable Beta1.47 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.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 Chang (Age 46)Senior MD & Chief Investment Officer Mr. 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:MFAApollo Commercial Real Estate FinanceNYSE:ARIChimera InvestmentNYSE:CIMReady CapitalNYSE:RCView All CompetitorsInsiders & InstitutionsJane Street Group LLCBought 161,723 shares on 5/16/2024Ownership: 0.335%B. Riley Wealth Advisors Inc.Sold 18,695 shares on 5/16/2024Ownership: 0.208%California State Teachers Retirement SystemSold 4,971 shares on 5/16/2024Ownership: 0.100%Price T Rowe Associates Inc. MDSold 34,569 shares on 5/15/2024Ownership: 0.197%PEAK6 Investments LLCBought 20,000 shares on 5/15/2024Ownership: 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? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PennyMac Mortgage Investment Trust in the last twelve months. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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? 6 brokers have issued twelve-month target prices 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 share price to reach $14.92 in the next year. This suggests that the stock has a possible downside of 0.2%. 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 at the beginning of the year. Since then, PMT stock has decreased by 0.1% and is now trading at $14.94. View the best growth stocks for 2024 here. Are investors shorting PennyMac Mortgage Investment Trust? PennyMac Mortgage Investment Trust saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 2,320,000 shares, an increase of 20.2% from the March 31st total of 1,930,000 shares. Based on an average daily volume of 648,300 shares, the short-interest ratio is presently 3.6 days. Approximately 2.7% of the shares of the company are short sold. View PennyMac Mortgage Investment Trust's Short Interest. When is PennyMac Mortgage Investment Trust's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024. View our PMT earnings forecast. How were PennyMac Mortgage Investment Trust's earnings last quarter? PennyMac Mortgage Investment Trust (NYSE:PMT) issued its quarterly earnings data on Thursday, February, 3rd. The real estate investment trust reported ($0.28) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by $0.77. PennyMac Mortgage Investment Trust had a trailing twelve-month return on equity of 13.25% and a net margin of 45.19%. During the same period in the prior year, the firm posted $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. Stockholders of record on Friday, April 12th will be paid a dividend of $0.40 per share on Friday, April 26th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 10.71%. 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 10.64%. PMT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 106.67%. 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 105.26% 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), Multi-Asset Diversified Income Index Fund (MDIV), ETC 6 Meridian Small Cap Equity ETF (SIXS).Hoya Capital High Dividend Yield ETF (RIET) 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 number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.21%), Mirae Asset Global Investments Co. Ltd. (0.74%), Van ECK Associates Corp (0.53%), Principal Financial Group Inc. (0.52%), Jane Street Group LLC (0.34%) and B. Riley Wealth Advisors Inc. (0.21%). 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 5/21/2024 by MarketBeat.com Staff From Our PartnersExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsDoes this make you sick?Allegiance Gold[FREE Ticket] 27 Crypto Experts Reveal Their #1 Picks Crypto 101 MediaTop 5 Tech Stocks to Buy for 2024Daily Market AlertsBill Gates is all about this tiny $2 stockTimothy SykesThe 2024 Gold Rush: Unleashing Market PotentialPriority GoldNext President (Not Trump. Not Biden.)The Freeport Society 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. Adding PennyMac Mortgage Investment Trust Please log in to your account or sign up in order to add this asset to your watchlist. 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