Overview
PennyMac Mortgage Investment Trust is a mortgage real estate investment trust (REIT) that invests primarily in residential mortgage loans and mortgage-related assets. PMT is externally managed by PNMAC Capital Management, LLC, a wholly-owned subsidiary of PennyMac Financial Services, Inc.
Basic Stats
The share price of PennyMac Mortgage Investment Trust as of September 5, 2025 is $12.60 / share. This is an increase of 2.36% from the prior week. The market cap (or net worth) of PennyMac Mortgage Investment Trust as of September 5, 2025 is $1,096.41 MM.
The Factor Analysis chart (below right) shows a view of PennyMac Mortgage Investment Trust from a variety of lenses. Each factor shows how well the company ranks against all other companies in the Fintel global investing universe. Factor scores range from zero to 100, with 100 being most desirable, and 50 being average.
For example, a company with a Value Score of 100 would be the most undervalued company in our database. A company with a Value Score of zero would be the most overvalued.
| Market Cap | 1,096.41 MM |
| EV | 15,878.64 MM |
| Shares Out. | 87.02 MM |
| Earnings Date | |
| EPS (TTM) | 1.21 |
| Dividend Yield | 12.69 % |
| Ex-Dividend Date | 2025-07-11 |
| Borrow Rate | 0.26 |
| Short Shares Avail. | 0.45 MM |
| Short Interest | 4.43 MM |
| Short Float | 6.15 % |
| Days to Cover | 8.94 days |
| Risk Free Rate | 4.17 % |
| Price Change (1 yr) | -9.35 % |
| Volatility (1 yr) | 0.24 |
| Beta | 0.38 |
| Sharpe Ratio (1 yr) | -0.56 |
| Sortino Ratio (1 yr) | -0.85 |
| PE Ratio | 10.43 |
| Price/Book | 0.59 |
| Price/TBV | 0.83 |
| Book/Market | 1.70 |
| EBIT/EV | 0.01 |
| EBIT(3yr avg)/EV | 0.01 |
| ROA | 0.01 |
| ROE | 0.05 |
| ROIC | 0.01 |
| CROIC | 0.01 |
| OCROIC | -0.32 |
| Implied Volatility | 24.72 % |
| Put/Call OI Ratio | 5.10 |
Factor Scores range from 0 to 100, with 100 being most desirable. Larger circles are better. In situations where we have no data (e.g. no insider trades), we plot the score at 50 to avoid penalizing companies. However, a company that does not pay dividends will get a Dividend Score of Zero. Additionally, we inverted volatility to create a "stability" metric which is better when higher.
Price Target
The average one-year price target for PennyMac Mortgage Investment Trust is $13.34. The forecasts range from a low of $12.62 to a high of $14.18. A stock’s price target is the price at which analysts consider it fairly valued with respect to its projected earnings and historical earnings. Analysts typically set price targets that correspond to their buy or sell recommendations.
Update Frequency: Monthly
Stock Upgrades/Downgrades
This card shows analyst upgrades/downgrades for PennyMac Mortgage Investment Trust. An analyst rating is a classification that gives investors a sense of analyst sentiment about the direction and performance of an equity - usually a stock - over a period of time, typically 12 months.
The standard analyst ratings are generally as follows:
- Buy/Overweight/Outperform - Any of these ratings conveys an analyst’s belief that the stock is likely to outperform a market index (e.g. the S&P 500).
- Hold/Equal-Weight/Market Perform - Any of these ratings conveys an analyst’s belief that the stock is likely to perform in line with a market index.
- Sell/Underweight/Underperform - Any of these ratings suggest that an analyst believes the stock is likely to underperform a market index.
When an analyst upgrades a stock, they are signaling that the company’s fundamentals are being undervalued by investors. It could also mean they believe the market is underestimating the company’s potential. The opposite is true when a stock receives a downgrade.
The average rating of each individual analyst’s rating is the consensus rating for a stock. This gives investors a broader sense of the overall sentiment for that stock.
| Date | Analyst | Prior | Latest Recommendation |
Action |
|---|---|---|---|---|
| 2022-07-01 | B. Riley Securities | Buy | Maintains | |
| 2022-06-28 | Piper Sandler | Overweight | Maintains | |
| 2022-05-06 | JonesTrading | Buy | Maintains | |
| 2022-04-26 | JMP Securities | Market Outperform | Maintains | |
| 2022-04-05 | Piper Sandler | Overweight | Maintains | |
| 2022-01-07 | JonesTrading | Buy | Initiate | |
| 2022-01-07 | BTIG | Neutral | Buy | Upgrade |
| 2021-11-09 | Keefe, Bruyette & Woods | Outperform | Market Perform | Downgrade |
| 2021-10-18 | JMP Securities | Market Outperform | Maintains | |
| 2021-09-09 | B. Riley Securities | Buy | Initiate | |
| 2021-06-07 | Barclays | Equal-Weight | Maintains | |
| 2021-05-13 | Wells Fargo | Equal-Weight | Maintains | |
| 2020-12-18 | Keefe, Bruyette & Woods | Market Perform | Outperform | Upgrade |
| 2020-11-25 | B of A Securities | Neutral | Maintains | |
| 2020-11-24 | BTIG | Neutral | Initiate | |
| 2020-10-09 | Barclays | Equal-Weight | Maintains | |
| 2020-07-06 | Credit Suisse | Outperform | Maintains | |
| 2020-06-15 | Credit Suisse | Outperform | Maintains | |
| 2020-05-20 | Credit Suisse | Outperform | Maintains | |
| 2020-05-15 | Deutsche Bank | Buy | Maintains | |
| 2020-04-28 | B of A Securities | Buy | Neutral | Downgrade |
| 2019-12-02 | Compass Point | Neutral | Initiate | |
| 2019-10-11 | Deutsche Bank | Buy | Initiate | |
| 2019-09-23 | Bank of America | Buy | Initiate | |
| 2019-05-24 | Piper Jaffray | Overweight | Initiate | |
| 2019-03-27 | Nomura | Buy | Initiate | |
| 2019-02-25 | Keefe Bruyette & Woods | Market Perform | Outperform | Upgrade |
| 2018-11-02 | JMP Securities | Market Outperform | Market Outperform | Maintains |
| 2018-09-25 | Credit Suisse | Outperform | Outperform | Maintains |
| 2018-07-25 | Barclays | Equal-Weight | Equal-Weight | Maintains |
| 2016-10-06 | Wedbush | Neutral | Initiate | |
| 2016-08-08 | Keefe Bruyette & Woods | Outperform | Maintains | |
| 2016-07-25 | Barclays | Equal-Weight | Maintains | |
| 2016-06-13 | Keefe Bruyette & Woods | Outperform | Maintains | |
| 2016-03-09 | JMP Securities | Market Outperform | Maintains | |
| 2016-02-05 | Barclays | Overweight | Equal-Weight | Downgrade |
| 2016-02-04 | Wells Fargo | Outperform | Market Perform | Downgrade |
| 2015-12-10 | Barclays | Overweight | Initiate | |
| 2015-09-11 | JMP Securities | Market Outperform | Maintains | |
| 2015-08-10 | Keefe Bruyette & Woods | Outperform | Maintains | |
| 2015-08-07 | Citigroup | Buy | Neutral | Downgrade |
| 2015-07-27 | Compass Point | Neutral | Buy | Upgrade |
| 2015-07-07 | Wells Fargo | Market Perform | Outperform | Upgrade |
| 2015-06-29 | Nomura | Neutral | Initiate | |
| 2015-05-11 | Keefe Bruyette & Woods | Outperform | Maintains | |
| 2015-05-08 | Citigroup | Buy | Maintains | |
| 2015-02-06 | Citigroup | Buy | Maintains | |
| 2015-02-05 | Compass Point | Buy | Neutral | Downgrade |
| 2014-10-10 | PiperJaffray | Neutral | Initiate | |
| 2014-10-10 | Imperial Capital | Neutral | Initiate | |
| 2014-05-08 | Wells Fargo | Outperform | Market Perform | Downgrade |
| 2014-05-08 | Compass Point | Buy | Maintains | |
| 2014-02-06 | Compass Point | Buy | Maintains | |
| 2013-08-09 | Compass Point | Buy | Maintains | |
| 2013-07-11 | FBR Capital | Outperform | Initiate | |
| 2013-06-27 | Jefferies | Buy | Initiate | |
| 2013-06-13 | Compass Point | Buy | Initiate | |
| 2013-04-26 | Keefe Bruyette & Woods | Outperform | Upgrade | |
| 2013-02-04 | Keefe Bruyette & Woods | Outperform | Market Perform | Downgrade |
| 2012-12-11 | Keefe Bruyette & Woods | Market Perform | Outperform | Upgrade |
| 2012-11-21 | Sterne Agee | Buy | Initiate | |
| 2012-08-03 | Citigroup | Buy | Maintains | |
| 2012-02-09 | Citigroup | Buy | Maintains | |
| 2022-11-30 | JonesTrading | Buy | Hold | Downgrade |
| 2022-10-25 | B. Riley Securities | Buy | Maintains | |
| 2022-10-20 | JMP Securities | Market Outperform | Maintains | |
| 2022-09-30 | Piper Sandler | Overweight | Maintains | |
| 2023-02-07 | Piper Sandler | Overweight | Neutral | Downgrade |
| 2023-02-17 | BTIG | Buy | Neutral | Downgrade |
| 2023-05-02 | Keefe, Bruyette & Woods | Market Perform | Maintains | |
| 2023-04-21 | JMP Securities | Outperform | Maintains | |
| 2023-04-24 | Keefe, Bruyette & Woods | Market Perform | Maintains | |
| 2023-05-08 | Wells Fargo | Equal-Weight | Maintains | |
| 2023-07-21 | JMP Securities | Outperform | Outperform | Maintains |
| 2023-07-31 | Credit Suisse | Outperform | Outperform | Maintains |
| 2024-02-07 | B. Riley Securities | Buy | Buy | Maintains |
| 2023-12-06 | UBS | Neutral | Initiate | |
| 2023-10-30 | Wedbush | Neutral | Neutral | Maintains |
| 2024-04-19 | JMP Securities | Market Outperform | Market Outperform | Reiterate |
| 2024-01-10 | Deutsche Bank | Hold | Initiate | |
| 2024-04-18 | JMP Securities | Market Outperform | Market Outperform | Reiterate |
| 2024-04-29 | Wedbush | Neutral | Neutral | Reiterate |
| 2024-05-09 | Piper Sandler | Neutral | Neutral | Reiterate |
| 2024-07-10 | Keefe, Bruyette & Woods | Market Perform | Outperform | Upgrade |
| 2025-01-23 | JMP Securities | Market Outperform | Market Outperform | Reiterate |
| 2024-07-19 | JMP Securities | Market Outperform | Market Outperform | Maintains |
| 2024-07-24 | B. Riley Securities | Buy | Buy | Reiterate |
| 2024-07-24 | Piper Sandler | Neutral | Neutral | Maintains |
| 2024-07-25 | Wedbush | Neutral | Neutral | Reiterate |
| 2024-07-25 | Keefe, Bruyette & Woods | Outperform | Outperform | Maintains |
| 2025-04-16 | UBS | Neutral | Neutral | Maintains |
| 2024-10-24 | Wedbush | Neutral | Neutral | Reiterate |
| 2025-04-24 | Keefe, Bruyette & Woods | Outperform | Outperform | Maintains |
| 2025-04-24 | Jones Trading | Hold | Hold | Reiterate |
| 2025-07-25 | Keefe, Bruyette & Woods | Outperform | Market Perform | Downgrade |
| 2025-05-02 | Wells Fargo | Equal-Weight | Equal-Weight | Maintains |
