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PennyMac Mortgage Investment Trust - PMT Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $12.10
  • Forecasted Upside: 28.16%
  • Number of Analysts: 8
  • Breakdown:
  • 2 Sell Ratings
  • 4 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$9.44 As of 07/31/2026 04:59 PM ET
▲ +0.131 (1.41%)

This chart shows the closing price for PMT by one month, three months, or twelve months.

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Analyst Price Target for PMT

Analyst Price Target is $12.10
▲ +28.16% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for PennyMac Mortgage Investment Trust in the last 3 months. The average price target is $12.10, with a high forecast of $15.00 and a low forecast of $10.00. The average price target represents a 28.16% upside from the last price of $9.44.

This chart shows the closing price for PMT for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 8 contributing investment analysts is to hold stock in PennyMac Mortgage Investment Trust. This rating has held steady since October 2025, when it changed from a Reduce consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
2/8/2025
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
5/9/2025
  • 0 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
8/7/2025
  • 0 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 1 sell ratings
Ratings as of
11/5/2025
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
2/3/2026
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
5/4/2026
  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 2 sell ratings
Ratings as of
7/3/2026
  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 2 sell ratings
Ratings as of
8/2/2026

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 2 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
7/31/2026Wells Fargo & CompanyLower TargetEqual Weight ➝ Equal Weight$12.00 ➝ $10.00
7/30/2026Piper SandlerLower TargetNeutral ➝ Neutral$11.50 ➝ $10.00
5/27/2026Zacks ResearchDowngradeHold ➝ Strong Sell
5/26/2026Piper SandlerLower TargetNeutral ➝ Neutral$13.00 ➝ $11.50
5/21/2026Weiss RatingsDowngradeHold (C-) ➝ Sell (D+)
5/8/2026Keefe, Bruyette & WoodsReiterated RatingOutperform ➝ Market Perform$13.50 ➝ $12.00
5/7/2026Keefe, Bruyette & WoodsDowngradeOutperform ➝ Market Perform
5/7/2026Wells Fargo & CompanyLower TargetEqual Weight ➝ Equal Weight$13.00 ➝ $12.00
4/2/2026Piper SandlerLower TargetNeutral ➝ Neutral$13.50 ➝ $13.00
3/27/2026Weiss RatingsReiterated RatingHold (C-) ➝ Hold (C-)
1/22/2026CitigroupReiterated RatingOutperform ➝ Outperform
1/22/2026Citizens JmpLower TargetMarket Outperform ➝ Market Outperform$15.50 ➝ $15.00
12/29/2025Weiss RatingsReiterated RatingHold (C-) ➝ Hold (C-)
12/22/2025Weiss RatingsReiterated RatingHold (C-) ➝ Hold (C-)
12/18/2025Keefe, Bruyette & WoodsUpgradeMarket Perform ➝ Outperform$13.50
12/15/2025Weiss RatingsReiterated RatingHold (C-) ➝ Hold (C-)
12/8/2025Weiss RatingsReiterated RatingHold (C-) ➝ Hold (C-)
12/1/2025Weiss RatingsReiterated RatingHold (C-) ➝ Hold (C-)
11/24/2025Weiss RatingsReiterated RatingHold (C-) ➝ Hold (C-)
11/17/2025Weiss RatingsReiterated RatingHold (C-) ➝ Hold (C-)
11/11/2025Weiss RatingsUpgradeSell (D+) ➝ Hold (C-)
10/24/2025UBS GroupBoost TargetNeutral ➝ Neutral$13.00 ➝ $13.50
10/21/2025Zacks ResearchUpgradeStrong Sell ➝ Hold
10/8/2025Weiss RatingsReiterated RatingSell (D+) ➝ Sell (D+)
9/27/2025Weiss RatingsReiterated RatingSell (D+) ➝ Sell (D+)
9/22/2025Zacks ResearchDowngradeHold ➝ Strong Sell
8/25/2025Wells Fargo & CompanyInitiated CoverageEqual Weight$13.00
7/25/2025Keefe, Bruyette & WoodsDowngradeOutperform ➝ Market Perform$14.50 ➝ $13.50
5/2/2025Wells Fargo & CompanyLower TargetEqual Weight ➝ Equal Weight$14.00 ➝ $13.00
4/24/2025JonesTradingReiterated RatingHold ➝ Hold
4/24/2025Keefe, Bruyette & WoodsLower TargetOutperform ➝ Outperform$15.50 ➝ $14.50
4/16/2025UBS GroupLower TargetNeutral ➝ Neutral$13.25 ➝ $13.00
1/23/2025Citizens JmpReiterated RatingMarket Outperform ➝ Market Outperform$15.50 ➝ $15.50
10/24/2024WedbushReiterated RatingNeutral ➝ Neutral$15.00 ➝ $15.00
7/25/2024Keefe, Bruyette & WoodsLower TargetOutperform ➝ Outperform$15.50 ➝ $15.00
7/25/2024WedbushReiterated RatingNeutral ➝ Neutral$15.00 ➝ $15.00
7/24/2024B. Riley FinancialReiterated RatingBuy ➝ Buy$16.00 ➝ $16.00
7/24/2024Piper SandlerLower TargetNeutral ➝ Neutral$15.00 ➝ $14.50
7/19/2024Citizens JmpBoost TargetMarket Outperform ➝ Market Outperform$15.00 ➝ $15.50
7/10/2024Keefe, Bruyette & WoodsUpgradeMarket Perform ➝ Outperform$15.00 ➝ $15.50
5/9/2024Piper SandlerReiterated RatingNeutral ➝ Neutral$14.50 ➝ $15.00
4/29/2024WedbushReiterated RatingNeutral ➝ Neutral$15.00
4/18/2024Citizens JmpReiterated RatingMarket Outperform ➝ Market Outperform$15.00
2/7/2024B. Riley FinancialBoost TargetBuy ➝ Buy$15.00 ➝ $16.00
1/10/2024Deutsche Bank AktiengesellschaftInitiated CoverageHold$15.00
12/6/2023UBS GroupInitiated CoverageNeutral$13.50
10/30/2023WedbushBoost TargetNeutral ➝ Neutral$13.00 ➝ $14.00
8/8/2023B. Riley FinancialLower Target$16.00 ➝ $15.00
7/28/2023Piper SandlerLower Target$15.00 ➝ $14.00
7/21/2023Citizens JmpBoost TargetOutperform$12.50 ➝ $15.00
5/2/2023Piper SandlerLower Target$15.00 ➝ $14.50
5/1/2023WedbushReiterated RatingNeutral
4/21/2023Citizens JmpLower TargetOutperform$15.00 ➝ $12.50
2/17/2023BTIG ResearchDowngradeBuy ➝ Neutral
2/6/2023Piper SandlerDowngradeOverweight ➝ Neutral$16.00 ➝ $15.00
1/6/2023BarclaysLower Target$18.00 ➝ $14.00
12/12/2022BTIG ResearchLower Target$16.00
11/30/2022JonesTradingDowngradeBuy ➝ Hold
11/21/2022B. Riley FinancialBoost Target$15.00 ➝ $16.00
10/25/2022B. Riley FinancialLower TargetBuy$18.00 ➝ $15.00
10/20/2022Citizens JmpLower TargetMarket Outperform$16.00 ➝ $15.00
10/13/2022Credit Suisse GroupLower Target$15.00
9/30/2022Piper SandlerLower TargetOverweight$18.00 ➝ $15.50
8/22/2022Credit Suisse GroupLower Target$16.00
7/22/2022Credit Suisse GroupLower Target$16.50
7/1/2022B. Riley FinancialLower TargetBuy$21.00 ➝ $18.00
6/28/2022Piper SandlerLower TargetOverweight$18.00 ➝ $17.00
5/19/2022Credit Suisse GroupLower TargetNeutral$17.00
5/6/2022JonesTradingLower Target$18.50 ➝ $18.00
4/26/2022Citizens JmpLower TargetMarket Outperform$22.00 ➝ $18.00
4/5/2022Piper SandlerLower TargetOverweight$19.00 ➝ $18.50
1/10/2022BarclaysLower Target$19.00 ➝ $18.00
1/7/2022JonesTradingInitiated CoverageBuy$20.50
1/7/2022BTIG ResearchUpgradeNeutral ➝ Buy$18.50
1/5/2022Piper SandlerLower TargetOverweight ➝ Overweight$21.00 ➝ $20.00
12/9/2021B. Riley FinancialLower TargetBuy ➝ Buy$23.00 ➝ $22.00
11/9/2021Keefe, Bruyette & WoodsDowngradeOutperform ➝ Market Perform$21.00 ➝ $19.75
10/18/2021Citizens JmpBoost TargetMarket Outperform$20.50 ➝ $22.00
9/9/2021B. Riley FinancialInitiated CoverageBuy$23.00
(Data available from 8/2/2021 forward)

News Sentiment Rating

1.09 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 5 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/4/2026
  • 14 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/3/2026
  • 4 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/5/2026
  • 5 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/4/2026
  • 5 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/4/2026
  • 9 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/3/2026
  • 4 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/3/2026
  • 17 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
8/2/2026

Current Sentiment

  • 17 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

PennyMac Mortgage Investment Trust logo
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

Today's Range

Now: $9.44
Low: $9.07
High: $9.46

50 Day Range

MA: $10.21
Low: $9.32
High: $11.29

52 Week Range

Now: $9.44
Low: $9.05
High: $13.81

Volume

1,806,971 shs

Average Volume

1,564,576 shs

Market Capitalization

$823.26 million

P/E Ratio

6.65

Dividend Yield

16.97%

Beta

1.13

Frequently Asked Questions

What sell-side analysts currently cover shares of PennyMac Mortgage Investment Trust?

The following Wall Street sell-side analysts have issued reports on PennyMac Mortgage Investment Trust in the last year: Citigroup Inc., Citizens Jmp, Keefe, Bruyette & Woods, Piper Sandler, UBS Group AG, Wall Street Zen, Weiss Ratings, Wells Fargo & Company, and Zacks Research.
View the latest analyst ratings for PMT.

What is the current price target for PennyMac Mortgage Investment Trust?

0 Wall Street analysts have set twelve-month price targets for PennyMac Mortgage Investment Trust in the last year. Their average twelve-month price target is $12.10, suggesting a possible upside of 28.2%. Citizens Jmp has the highest price target set, predicting PMT will reach $15.00 in the next twelve months. Wells Fargo & Company has the lowest price target set, forecasting a price of $10.00 for PennyMac Mortgage Investment Trust in the next year.
View the latest price targets for PMT.

What is the current consensus analyst rating for PennyMac Mortgage Investment Trust?

PennyMac Mortgage Investment Trust currently has 2 sell ratings, 4 hold ratings and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in PMT, but not buy more shares or sell existing shares.
View the latest ratings for PMT.

What other companies compete with PennyMac Mortgage Investment Trust?

Other companies that are similar to PennyMac Mortgage Investment Trust include AGNC Investment, Chimera Investment, Dynex Capital, Ellington Financial and Invesco Mortgage Capital. Learn More about companies similar to PennyMac Mortgage Investment Trust.

How do I contact PennyMac Mortgage Investment Trust's investor relations team?

PennyMac Mortgage Investment Trust's physical mailing address is 3043 Townsgate Road, Westlake Village CA, 91361. The real estate investment trust's listed phone number is (818) 224-7028 and its investor relations email address is [email protected]. The official website for PennyMac Mortgage Investment Trust is www.pennymacmortgageinvestmenttrust.com. Learn More about contacing PennyMac Mortgage Investment Trust investor relations.