PennyMac Mortgage stock analysis
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PennyMac Mortgage (PMT) Stock Price & Analysis
PMT Stock Chart & Stats
- Day’s Range
- $7.80 - $8.18
- 52-Week Range
- $6.70 - $13.81
- Previous Close
- $8.23
- Volume
- N/A
- Average Volume (3M)
- 2.95M
- Market Cap
- $684.54M
- Enterprise Value
- $25.64B
- Total Cash (Recent Filing)
- $310.00M
- Total Debt (Recent Filing)
- $24.72B
- Price to Earnings (P/E)
- 16.7
- Beta
- 0.25
- Next Earnings
- Feb 04, 2027 (Est.)
- EPS Estimate
- 0.32
- Last Dividend Ex-Date
- Oct 08, 2026
- Dividend Yield
- 20.38%
Bulls Say, Bears Say
Bulls Say
Diversified Mortgage Platform
PMT’s mix of mortgage servicing rights, Agency MBS and credit investments provides multiple sources of returns and a natural offset across exposures. Management’s modeled shock results were lower than peer averages, supporting greater resilience to interest-rate and spread movements over the next several quarters.
Securitization And Investment Pipeline
A recurring securitization program can create a durable channel for originating, financing and retaining residential credit investments. The stated pipeline and targeted low- to mid-teens returns indicate continuing deployment opportunities, while retained assets can expand future earnings capacity.
Improving Adjusted Returns
Higher projected run-rate returns and improved adjusted earnings suggest PMT’s capital rotation and interest-rate-sensitive strategies are strengthening underlying performance. If maintained, better recurring returns could support book-value accretion and provide capacity to reinvest in higher-return mortgage assets.
Bears Say
Elevated And Rising Leverage
The sharp increase in debt relative to equity reduces balance-sheet flexibility and makes results more dependent on funding and market conditions. Higher leverage can amplify asset-value changes, constrain capital allocation and increase the consequences of adverse mortgage or financing developments.
Weak Cash Generation
Persistently negative operating and free cash flow indicate that reported profitability is not translating consistently into internally generated liquidity. Reliance on financing or asset movements can heighten funding sensitivity and reduce PMT’s ability to absorb stress or deploy capital without market access.
Cyclical Earnings And Credit Losses
PMT’s earnings remain exposed to changing rates, mortgage spreads, prepayments and credit valuations, producing an inconsistent margin history and recent losses. This cyclicality makes forward earnings less dependable and can pressure book value when market conditions weaken.
PennyMac Mortgage News
PMT FAQ
What was PennyMac Mortgage’s price range in the past 12 months?
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When is PennyMac Mortgage’s upcoming earnings report date?
How were PennyMac Mortgage’s earnings last quarter?
Is PennyMac Mortgage overvalued?
Does PennyMac Mortgage pay dividends?
What is PennyMac Mortgage’s EPS estimate?
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What happened to PennyMac Mortgage’s price movement after its last earnings report?
Which hedge fund is a major shareholder of PennyMac Mortgage?
What is the TipRanks Smart Score and how is it calculated?
PennyMac Mortgage Stock Smart Score
Company Description
PennyMac Mortgage
PennyMac Mortgage Investment Trust (PMT) functions as a specialized financial firm, concentrating its investments primarily on mortgage-related assets within the United States. The company operates through several key divisions: Its Credit Sensitive Strategies segment channels capital into various instruments, including credit risk transfer (CRT) agreements and securities, distressed loans, real estate holdings, and non-agency subordinated bonds. The Interest Rate Sensitive Strategies segment focuses on investments such as mortgage servicing rights, excess servicing spreads, and both agency and senior non-agency mortgage-backed securities (MBS), while also undertaking related interest rate hedging activities. Through its Correspondent Production segment, PMT engages in the acquisition, pooling, and subsequent resale of newly originated prime credit residential loans, either directly or packaged as MBS. The trust is externally managed by PNMAC Capital Management, LLC. For federal income tax purposes, PennyMac Mortgage Investment Trust qualifies as a real estate investment trust (REIT). This status generally allows it to avoid federal corporate income taxes, provided it distributes at least 90% of its taxable income to its shareholders. PMT was founded in 2009 and has its headquarters situated in Westlake Village, California.
- Sector
- Realestate
- Industry
- REIT - Mortgage
- CEO
- David A. Spector
- Employees
- 7
- Website
- pmt.pennymac.com
- Address
- 3043 Townsgate Road, Suite 200, Westlake Village, CA, 91361, US
PennyMac Mortgage (PMT) Earnings & Revenues
PMT Company Deck
PMT Earnings Call
Earnings Call SentimentPositive
The call was fundamentally constructive, with improved adjusted earnings, a 15% increase in projected run rate return potential, substantial MSR monetization, active capital rotation into higher-return credit investments, strong securitization demand and lower risk sensitivity than peers. These positives were offset by a $36 million net loss, a 5% decline in book value per share, significant market-driven valuation losses, lower aggregation income, higher leverage and an expected reduction in the common dividend.
View all PMT earnings summariesPMT Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 7 | 4 | 11 |
| Technical Analysis | 3 | 4 | 3 |
| Moving Averages | 4 | 0 | 8 |
