PennyMac Mortgage Investment Trust (PMT) Stock Forecast, Price Target & Predictions
PMT Stock Forecast
PennyMac Mortgage Investment Trust stock forecast is as follows: an average price target of $16.50 (represents a 16.28% upside from PMT’s last price of $14.19) and a rating consensus of 'Hold', based on 4 wall street analysts offering a 1-year stock forecast.
PMT Price Target
PMT Analyst Ratings
PennyMac Mortgage Investment Trust Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
May 09, 2024 | Crispin Love | Piper Sandler | $15.00 | $14.60 | 2.74% | 5.71% |
Apr 26, 2022 | - | JMP Securities | $18.00 | $15.23 | 18.19% | 26.85% |
PennyMac Mortgage Investment Trust Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | 1 |
Avg Price Target | - | - | $15.00 |
Last Closing Price | $14.19 | $14.19 | $14.19 |
Upside/Downside | -100.00% | -100.00% | 5.71% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Jul 19, 2024 | JMP Securities | Outperform | Outperform | Hold |
Jul 10, 2024 | Piper Sandler | Underperform | Underperform | Hold |
Jul 10, 2024 | Wedbush | Neutral | Neutral | Hold |
May 09, 2024 | Piper Sandler | Neutral | Neutral | Hold |
Apr 30, 2024 | Bank of America Securities | Neutral | Neutral | Hold |
Apr 29, 2024 | Wedbush | Market Outperform | Market Outperform | Hold |
Apr 29, 2024 | JMP Securities | Underperform | Underperform | Hold |
Apr 26, 2022 | JMP Securities | Market Outperform | Market Outperform | Hold |
Apr 26, 2022 | Zacks Investment Research | - | Hold | Upgrade |
PennyMac Mortgage Investment Trust Financial Forecast
PennyMac Mortgage Investment Trust Revenue Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $3.06M | $3.36M | $55.81M | $47.98M | $3.11M | $101.56M | $7.37M | $29.86M | $-7.09M | $14.13M | $23.19M | $99.39M | $78.19M | $130.20M | $475.89M | $7.44M | $66.41M | $55.98M |
Avg Forecast | $103.45M | $102.52M | $101.89M | $93.65M | $97.66M | $97.39M | $96.36M | $91.74M | $93.00M | $91.79M | $91.19M | $85.22M | $86.79M | $76.80M | $111.92M | $93.34M | $103.20M | $111.13M | $88.16M | $89.76M | $133.30M | $168.83M | $182.03M | $193.96M | $196.24M | $189.99M | $197.51M | $120.16M | $128.40M | $126.70M |
High Forecast | $107.15M | $106.18M | $105.53M | $97.00M | $101.15M | $100.88M | $99.80M | $95.02M | $96.33M | $101.26M | $94.45M | $88.27M | $107.37M | $92.57M | $115.93M | $96.68M | $106.89M | $115.11M | $94.34M | $96.05M | $142.64M | $180.66M | $194.79M | $207.55M | $209.99M | $203.30M | $211.35M | $128.58M | $137.40M | $135.58M |
Low Forecast | $97.96M | $97.08M | $96.48M | $88.68M | $92.48M | $92.23M | $91.25M | $86.87M | $88.07M | $84.01M | $86.35M | $80.70M | $70.29M | $61.72M | $105.98M | $88.39M | $97.72M | $105.24M | $82.06M | $83.55M | $124.08M | $157.15M | $169.44M | $180.54M | $182.66M | $176.85M | $183.84M | $111.85M | $119.52M | $117.94M |
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 15 | 9 | 9 | 8 | 8 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.04% | 0.04% | 0.50% | 0.51% | 0.03% | 0.91% | 0.08% | 0.33% | -0.05% | 0.08% | 0.13% | 0.51% | 0.40% | 0.69% | 2.41% | 0.06% | 0.52% | 0.44% |
PennyMac Mortgage Investment Trust EBITDA Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 15 | 9 | 9 | 8 | 8 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $-1.87M | $-2.17M | $46.85M | $217.94M | $-160.51M | $95.30M | $38.28M | $81.57M | $54.23M | $34.83M | $93.00M | $167.34M | $143.53M | $181.21M | $529.11M | $-503.36M | $151.85M | $132.36M |
Avg Forecast | $57.64M | $57.12M | $56.77M | $52.18M | $54.41M | $54.27M | $53.69M | $51.12M | $51.82M | $51.14M | $50.81M | $62.00 | $48.35M | $42.79M | $62.36M | $67.00 | $57.50M | $83.51M | $49.12M | $72.00 | $74.27M | $94.07M | $101.42M | $156.71M | $109.34M | $105.86M | $110.05M | $-2.18B | $71.54M | $70.60M |
High Forecast | $59.70M | $59.16M | $58.80M | $54.05M | $56.36M | $56.21M | $55.61M | $52.95M | $53.67M | $56.42M | $52.63M | $75.00 | $59.82M | $51.58M | $64.59M | $81.00 | $59.56M | $100.21M | $52.56M | $87.00 | $79.48M | $100.66M | $108.53M | $188.05M | $117.00M | $113.28M | $117.76M | $-1.74B | $76.56M | $75.54M |
Low Forecast | $54.58M | $54.09M | $53.76M | $49.41M | $51.53M | $51.39M | $50.84M | $48.40M | $49.07M | $46.81M | $48.11M | $50.00 | $39.17M | $34.39M | $59.05M | $54.00 | $54.45M | $66.81M | $45.72M | $58.00 | $69.13M | $87.56M | $94.41M | $125.37M | $101.77M | $98.53M | $102.43M | $-2.61B | $66.59M | $65.71M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -0.04% | -0.05% | 0.75% | 3252805.97% | -2.79% | 1.14% | 0.78% | 1132944.44% | 0.73% | 0.37% | 0.92% | 1.07% | 1.31% | 1.71% | 4.81% | 0.23% | 2.12% | 1.87% |
PennyMac Mortgage Investment Trust Net Income Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 15 | 9 | 9 | 8 | 8 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $52.91M | $61.42M | $24.62M | $60.70M | $4.66M | $11.91M | $-70.73M | $-19.13M | $-16.89M | $-35.95M | $38.09M | $71.60M | $82.88M | $99.55M | $464.62M | $-594.67M | $58.60M | $70.00M |
Avg Forecast | $36.56M | $36.30M | $36.23M | $32.94M | $33.58M | $33.22M | $32.59M | $30.17M | $31.72M | $30.32M | $29.51M | $-71.00 | $29.18M | $25.62M | $28.92M | $-77.00 | $32.13M | $-86.20M | $5.29M | $-83.00 | $36.23M | $43.52M | $52.20M | $67.06M | $60.36M | $63.21M | $83.63M | $-2.57B | $46.79M | $45.55M |
High Forecast | $38.26M | $37.99M | $37.91M | $34.48M | $35.15M | $34.76M | $34.10M | $31.57M | $33.19M | $32.11M | $30.88M | $-57.00 | $50.02M | $33.31M | $30.27M | $-60.00 | $33.63M | $-68.96M | $5.77M | $-66.00 | $39.53M | $47.49M | $56.95M | $80.47M | $65.86M | $68.97M | $91.25M | $-2.06B | $51.05M | $49.70M |
Low Forecast | $34.04M | $33.80M | $33.73M | $30.67M | $31.27M | $30.93M | $30.34M | $28.09M | $29.53M | $28.54M | $27.47M | $-86.00 | $16.67M | $16.23M | $26.93M | $-93.00 | $29.92M | $-103.44M | $4.81M | $-99.00 | $32.97M | $39.61M | $47.50M | $53.65M | $54.93M | $57.53M | $76.11M | $-3.09B | $42.58M | $41.46M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.81% | 2.40% | 0.85% | -788272.73% | 0.15% | -0.14% | -13.38% | 230469.88% | -0.47% | -0.83% | 0.73% | 1.07% | 1.37% | 1.57% | 5.56% | 0.23% | 1.25% | 1.54% |
PennyMac Mortgage Investment Trust SG&A Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 15 | 9 | 9 | 8 | 8 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $2.33M | $1.96M | $1.28M | $1.54M | $1.59M | $1.37M | $1.55M | $1.44M | $870.00K | $-383.00K | $1.33M | $2.19M | $1.13M | $1.04M | $1.20M | $519.00K | $1.51M | $1.64M |
Avg Forecast | $3.67M | $3.64M | $3.62M | $3.32M | $3.47M | $3.46M | $3.42M | $3.26M | $3.30M | $3.26M | $3.24M | $1.43M | $3.08M | $2.73M | $3.97M | $1.57M | $3.66M | $-918.23K | $3.13M | $3.00 | $4.73M | $5.99M | $6.46M | $2.05M | $6.97M | $6.74M | $7.01M | $2.25M | $4.56M | $4.50M |
High Forecast | $3.80M | $3.77M | $3.75M | $3.44M | $3.59M | $3.58M | $3.54M | $3.37M | $3.42M | $3.59M | $3.35M | $2.86M | $3.81M | $3.29M | $4.11M | $3.14M | $3.79M | $-734.59K | $3.35M | $4.00 | $5.06M | $6.41M | $6.91M | $2.46M | $7.45M | $7.22M | $7.50M | $2.69M | $4.88M | $4.81M |
Low Forecast | $3.48M | $3.45M | $3.42M | $3.15M | $3.28M | $3.27M | $3.24M | $3.08M | $3.13M | $2.98M | $3.06M | $2.00 | $2.50M | $2.19M | $3.76M | $3.00 | $3.47M | $-1.10M | $2.91M | $3.00 | $4.40M | $5.58M | $6.01M | $1.64M | $6.48M | $6.28M | $6.53M | $1.80M | $4.24M | $4.19M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.76% | 0.72% | 0.32% | 0.98% | 0.43% | -1.49% | 0.50% | 479000.00% | 0.18% | -0.06% | 0.21% | 1.07% | 0.16% | 0.15% | 0.17% | 0.23% | 0.33% | 0.37% |
PennyMac Mortgage Investment Trust EPS Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 15 | 9 | 9 | 8 | 8 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.48 | $0.59 | $0.16 | $0.56 | $-0.41 | $0.01 | $-0.77 | $-0.20 | $-0.18 | $-0.45 | $0.32 | $0.67 | $0.78 | $0.94 | $4.59 | $-5.99 | $0.56 | $0.75 |
Avg Forecast | $0.42 | $0.42 | $0.42 | $0.38 | $0.39 | $0.38 | $0.38 | $0.35 | $0.37 | $0.35 | $0.34 | $0.31 | $0.34 | $0.29 | $0.33 | $0.31 | $0.37 | $0.37 | $0.06 | $0.26 | $0.42 | $0.50 | $0.60 | $0.62 | $0.69 | $0.73 | $0.96 | $0.18 | $0.54 | $0.52 |
High Forecast | $0.44 | $0.44 | $0.44 | $0.40 | $0.40 | $0.40 | $0.39 | $0.36 | $0.38 | $0.37 | $0.36 | $0.33 | $0.58 | $0.38 | $0.35 | $0.32 | $0.39 | $0.39 | $0.07 | $0.28 | $0.46 | $0.55 | $0.66 | $0.68 | $0.76 | $0.79 | $1.05 | $0.20 | $0.59 | $0.57 |
Low Forecast | $0.39 | $0.39 | $0.39 | $0.35 | $0.36 | $0.36 | $0.35 | $0.32 | $0.34 | $0.33 | $0.32 | $0.29 | $0.19 | $0.19 | $0.31 | $0.29 | $0.34 | $0.35 | $0.06 | $0.24 | $0.38 | $0.46 | $0.55 | $0.56 | $0.63 | $0.66 | $0.88 | $0.16 | $0.49 | $0.48 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.43% | 2.00% | 0.48% | 1.83% | -1.11% | 0.03% | -12.65% | -0.77% | -0.43% | -0.90% | 0.53% | 1.08% | 1.12% | 1.29% | 4.77% | -33.28% | 1.04% | 1.43% |
PennyMac Mortgage Investment Trust Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
ACRE | Ares Commercial Real Estate | $7.54 | $16.00 | 112.20% | Hold |
ARI | Apollo Commercial Real Estate Finance | $9.56 | $13.50 | 41.21% | - |
KREF | KKR Real Estate Finance Trust | $12.30 | $16.17 | 31.46% | Buy |
TRTX | TPG RE Finance Trust | $8.58 | $11.13 | 29.72% | Buy |
RC | Ready Capital | $7.71 | $9.00 | 16.73% | Buy |
PMT | PennyMac Mortgage Investment Trust | $14.19 | $16.50 | 16.28% | Hold |
EARN | Ellington Residential Mortgage REIT | $6.98 | $8.00 | 14.61% | Buy |
MFA | MFA Financial | $13.02 | $14.83 | 13.90% | Buy |
TWO | Two Harbors Investment | $14.02 | $15.63 | 11.48% | Buy |
EFC | Ellington Financial | $13.30 | $13.50 | 1.50% | Buy |
NREF | NexPoint Real Estate Finance | $16.07 | $14.00 | -12.88% | Hold |
IVR | Invesco Mortgage Capital | $8.87 | $6.25 | -29.54% | Buy |
CIM | Chimera Investment | $15.86 | $7.25 | -54.29% | Hold |
PMT Forecast FAQ
Is PennyMac Mortgage Investment Trust a good buy?
No, according to 4 Wall Street analysts, PennyMac Mortgage Investment Trust (PMT) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 25.00% of PMT's total ratings.
What is PMT's price target?
PennyMac Mortgage Investment Trust (PMT) average price target is $16.5 with a range of $15 to $18, implying a 16.28% from its last price of $14.19. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will PennyMac Mortgage Investment Trust stock go up soon?
According to Wall Street analysts' prediction for PMT stock, the company can go up by 16.28% (from the last price of $14.19 to the average price target of $16.5), up by 26.85% based on the highest stock price target, and up by 5.71% based on the lowest stock price target.
Can PennyMac Mortgage Investment Trust stock reach $20?
PMT's average twelve months analyst stock price target of $16.5 does not support the claim that PennyMac Mortgage Investment Trust can reach $20 in the near future.
What are PennyMac Mortgage Investment Trust's analysts' financial forecasts?
PennyMac Mortgage Investment Trust's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $383.15M (high $396.86M, low $362.82M), average EBITDA is $213.48M (high $221.12M, low $202.16M), average net income is $129.55M (high $135.58M, low $120.62M), average SG&A $13.6M (high $14.09M, low $12.88M), and average EPS is $1.49 (high $1.56, low $1.39). PMT's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $401.5M (high $415.86M, low $380.2M), average EBITDA is $223.7M (high $231.71M, low $211.84M), average net income is $142.03M (high $148.64M, low $132.24M), average SG&A $14.25M (high $14.76M, low $13.5M), and average EPS is $1.64 (high $1.71, low $1.52).
Did the PMT's actual financial results beat the analysts' financial forecasts?
Based on PennyMac Mortgage Investment Trust's last annual report (Dec 2023), the company's revenue was $17.48M, which missed the average analysts forecast of $368.85M by -95.26%. Apple's EBITDA was $-25.073M, missing the average prediction of $153.51M by -116.33%. The company's net income was $157.84M, beating the average estimation of $83.72M by 88.53%. Apple's SG&A was $7.11M, missing the average forecast of $11.35M by -37.38%. Lastly, the company's EPS was $1.41, beating the average prediction of $1.27 by 10.97%. In terms of the last quarterly report (Dec 2023), PennyMac Mortgage Investment Trust's revenue was $3.06M, missing the average analysts' forecast of $86.79M by -96.47%. The company's EBITDA was $-1.866M, missing the average prediction of $48.35M by -103.86%. PennyMac Mortgage Investment Trust's net income was $52.91M, beating the average estimation of $29.18M by 81.35%. The company's SG&A was $2.33M, missing the average forecast of $3.08M by -24.46%. Lastly, the company's EPS was $0.48, beating the average prediction of $0.336 by 42.88%