PennyMac Mortgage stock analysis
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PennyMac Mortgage (PMT) Stock Price & Analysis
PMT Stock Chart & Stats
- Day’s Range
- $7.18 - $7.47
- 52-Week Range
- $6.70 - $13.81
- Previous Close
- $7.24
- Volume
- N/A
- Average Volume (3M)
- 2.96M
- Market Cap
- $631.35M
- Enterprise Value
- $25.64B
- Total Cash (Recent Filing)
- $310.00M
- Total Debt (Recent Filing)
- $24.72B
- Price to Earnings (P/E)
- 15.5
- Beta
- 0.23
- Next Earnings
- Feb 04, 2027 (Est.)
- EPS Estimate
- 0.32
- Last Dividend Ex-Date
- Oct 08, 2026
- Dividend Yield
- 21.48%
Bulls Say, Bears Say
Bulls Say
Improving Adjusted Performance
Improving adjusted earnings despite market volatility indicates that PMT's underlying operating strategies can generate returns beyond accounting value changes. Continued contribution from interest-rate-sensitive assets could support earnings resilience and provide capital for reinvestment over the next several quarters.
Diversified Risk Management
Diversification across MSRs, Agency MBS and credit assets reduces reliance on a single mortgage-market exposure. The reported lower shock sensitivity than peers, together with active hedging, supports greater balance-sheet resilience when rates or mortgage spreads move unfavorably.
Securitization Growth Pipeline
A substantial securitization pipeline and planned retained-investment growth can expand PMT's exposure to assets targeted at attractive returns. Stronger organic investment creation also supports capital rotation away from lower-return assets and may improve recurring earnings capacity.
Bears Say
High And Rising Leverage
Rapidly rising leverage reduces financial flexibility and makes results more sensitive to funding costs, asset values and market liquidity. Although PMT remains profitable, modest returns relative to leverage suggest less capacity to absorb prolonged mortgage-market stress or adverse financing conditions.
Weak Cash Generation
Persistently negative operating and free cash flow means PMT relies more heavily on financing, asset sales or portfolio movements to support liquidity and investment activity. That dependence can constrain capital allocation and increase vulnerability when funding markets become less supportive.
Cyclical Earnings Profile
The uneven revenue and margin history indicates that PMT's earnings power is materially influenced by rates, prepayments, spreads and mortgage-market conditions. Such cyclicality makes sustained profitability less predictable and can weaken the company's ability to compound book value consistently.
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 | 3 | 5 | 14 |
| Technical Analysis | 3 | 5 | 2 |
| Moving Averages | 0 | 0 | 12 |
