NYSE:PMT PennyMac Mortgage Investment Trust (PMT) Stock Price, News & Analysis $13.79 -0.12 (-0.86%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$13.73▼$13.8950-Day Range$13.17▼$14.8952-Week Range$10.52▼$15.89Volume685,071 shsAverage Volume739,758 shsMarket Capitalization$1.20 billionP/E Ratio9.19Dividend Yield11.60%Price Target$14.93 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get PennyMac Mortgage Investment Trust alerts: Email Address PennyMac Mortgage Investment Trust MarketRank™ Stock AnalysisAnalyst RatingHold2.43 Rating ScoreUpside/Downside8.3% Upside$14.93 Price TargetShort InterestBearish5.67% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.91Based on 5 Articles This WeekInsider TradingSelling Shares$518,510 Sold Last QuarterProj. Earnings Growth18.11%From $1.27 to $1.50 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.3.71 out of 5 starsFinance Sector291st out of 871 stocksReal Estate Investment Trusts Industry56th out of 178 stocks 2.2 Analyst's Opinion Consensus RatingPennyMac Mortgage Investment Trust has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 3 buy ratings, 4 hold ratings, and no sell ratings.Amount of Analyst CoveragePennyMac Mortgage Investment Trust has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about PennyMac Mortgage Investment Trust's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted5.67% 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 5.8.Change versus previous monthShort interest in PennyMac Mortgage Investment Trust has recently decreased by 2.21%, 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 11.31%, 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 106.67% 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 2.7 News and Social Media Coverage News SentimentPennyMac Mortgage Investment Trust has a news sentiment score of 0.91. 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 0.70 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for PennyMac Mortgage Investment Trust this week, compared to 2 articles on an average week.Search InterestOnly 8 people have searched for PMT on MarketBeat in the last 30 days. This is a decrease of -47% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added PennyMac Mortgage Investment Trust to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% 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 1,228.56% more of their company's stock than they have bought. Specifically, they have bought $39,028.00 in company stock and sold $518,510.00 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 3.8 Earnings and Valuation Earnings GrowthEarnings for PennyMac Mortgage Investment Trust are expected to grow by 18.11% in the coming year, from $1.27 to $1.50 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of PennyMac Mortgage Investment Trust is 9.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.80.Price to Earnings Ratio vs. SectorThe P/E ratio of PennyMac Mortgage Investment Trust is 9.19, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 31.96.Price to Book Value per Share RatioPennyMac Mortgage Investment Trust has a P/B Ratio of 0.84. 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. Previous Next See Top Rated MarketRank™ Stocks Here Ad Golden CrestBiden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.>> Get Your FREE Wealth Protection Guide << 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 HeadlinesSeptember 6 at 8:35 AM | insidertrades.comPennyMac Mortgage Investment Trust (NYSE:PMT) Director Sells $518,510.10 in StockAugust 10, 2024 | insidertrades.comPennyMac Mortgage Investment Trust (NYSE:PMT) Director Purchases $12,625.50 in StockSeptember 7, 2024 | Porter & Company (Ad)The death of Nvidia?Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.September 6 at 4:03 AM | finance.yahoo.comInsider Sale: Director, President & Chief Mortgage Banking Officer Doug Jones Sells Shares ...August 31, 2024 | ca.finance.yahoo.comPMT Sep 2024 17.500 callAugust 30, 2024 | americanbankingnews.comAnalysts Set PennyMac Mortgage Investment Trust (NYSE:PMT) Price Target at $14.93August 29, 2024 | americanbankingnews.comContrasting PennyMac Mortgage Investment Trust (NYSE:PMT) and Medalist Diversified REIT (NASDAQ:MDRR)August 22, 2024 | finance.yahoo.comPennyMac Mortgage Investment Trust (PMT-PA)September 7, 2024 | Porter & Company (Ad)The death of Nvidia?Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.August 18, 2024 | benzinga.comPennyMac Mortgage IT (NYSE:PMT) Stock, Insider Trading ActivityAugust 18, 2024 | benzinga.comPennyMac Mortgage IT (NYSE:PMT) Stock, Short Interest ReportAugust 15, 2024 | finance.yahoo.comPennyMac Mortgage Investment Trust Declares Third Quarter 2024 Dividends for Its Preferred SharesAugust 4, 2024 | finance.yahoo.comPennyMac Mortgage Investment Trust Second Quarter 2024 Earnings: Misses ExpectationsAugust 2, 2024 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Real Estate Companies: Iron Mountain (IRM) and PennyMac Mortgage (PMT)July 24, 2024 | seekingalpha.comPennyMac Mortgage Investment Trust (PMT) Q2 2024 Earnings Call TranscriptJuly 24, 2024 | finance.yahoo.comQ2 2024 PennyMac Mortgage Investment Trust Earnings CallJuly 24, 2024 | msn.comPennyMac Mortgage Investment Trust (NYSE:PMT) Q2 2024 Earnings Call TranscriptJuly 23, 2024 | businesswire.comPennyMac Financial Services, Inc. Reports Second Quarter 2024 Results and Increases Quarterly DividendSee 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 Ex-Dividend for 7/26 Dividend7/12/2024Last Earnings7/23/2024Dividend Payable7/26/2024Today9/07/2024Next Earnings (Estimated)10/24/2024Fiscal 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) 224-7028Fax818-936-0145Employees1Year FoundedN/APrice Target and Rating Average Stock Price Target$14.93 High Stock Price Target$16.00 Low Stock Price Target$13.50 Potential Upside/Downside+8.3%Consensus RatingHold Rating Score (0-4)2.43 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$1.50 Trailing P/E Ratio9.19 Forward P/E Ratio10.86 P/E GrowthN/ANet Income$199.65 million Net Margins47.60% Pretax Margin55.83% Return on Equity13.29% Return on Assets1.48% Debt Debt-to-Equity Ratio1.51 Current Ratio0.33 Quick Ratio0.33 Sales & Book Value Annual Sales$255.13 million Price / Sales4.69 Cash Flow$2.41 per share Price / Cash Flow5.73 Book Value$16.34 per share Price / Book0.84Miscellaneous Outstanding Shares86,845,000Free Float86,072,000Market Cap$1.20 billion OptionableOptionable Beta1.51 The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.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 CompetitorsApollo Commercial Real Estate FinanceNYSE:ARITwo Harbors InvestmentNYSE:TWOReady CapitalNYSE:RCMFA FinancialNYSE:MFAChimera InvestmentNYSE:CIMView All CompetitorsInsiders & InstitutionsDoug JonesSold 37,010 sharesTotal: $518,510.10 ($14.01/share)Dana Investment Advisors Inc.Bought 123,890 shares on 8/27/2024Ownership: 0.493%Cetera Investment AdvisersBought 1,553 shares on 8/22/2024Ownership: 0.083%Truist Financial CorpBought 29,578 shares on 8/21/2024Ownership: 0.034%B. Riley Wealth Advisors Inc.Sold 4,435 shares on 8/19/2024Ownership: 0.203%View All Insider TransactionsView All Institutional Transactions PMT Stock Analysis - Frequently Asked Questions How have PMT shares performed this year? PennyMac Mortgage Investment Trust's stock was trading at $14.95 at the start of the year. Since then, PMT stock has decreased by 7.8% and is now trading at $13.79. View the best growth stocks for 2024 here. How were PennyMac Mortgage Investment Trust's earnings last quarter? PennyMac Mortgage Investment Trust (NYSE:PMT) announced its quarterly earnings data on Tuesday, July, 23rd. The real estate investment trust reported $0.17 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.34 by $0.17. The real estate investment trust had revenue of $71.20 million for the quarter, compared to analyst estimates of $90.26 million. PennyMac Mortgage Investment Trust had a trailing twelve-month return on equity of 13.29% and a net margin of 47.60%. Who are PennyMac Mortgage Investment Trust's major shareholders? Top institutional investors of PennyMac Mortgage Investment Trust include Bank of New York Mellon Corp (0.91%), Van ECK Associates Corp (0.72%), Principal Financial Group Inc. (0.49%) and Dana Investment Advisors Inc. (0.49%). Insiders that own company stock include Stacey D Stewart, Catherine A Lynch, Scott W Carnahan and Marianne Sullivan. 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. What other stocks do shareholders of PennyMac Mortgage Investment Trust own? Based on aggregate information from My MarketBeat watchlists, some other companies that 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) and Prospect Capital (PSEC). This page (NYSE:PMT) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. 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