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PMT
Volume: 574.74K
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PMT Stock Forecast & Price Target

PMT Analyst Ratings

Based on 20 analyst ratings
Buy
Strong Buy 30%
Buy 20%
Hold 50%
Sell 0%
Strong Sell 0%

Bulls say

PennyMac Mortgage Investment Trust's positive outlook is supported by a significant increase in its correspondent production retention, projected to rise from 18% in 2Q24 to approximately 30-50% in 3Q24, which reflects enhanced operational efficiency. The company has also seen a rise in estimated quarterly run-rate returns from its investment strategies, increasing to $0.37 from $0.33, largely due to declining short-term rates that are expected to lower financing costs. Additionally, correspondent acquisition volume soared to $22.5 billion in the latest quarter, bolstering the company’s revenue potential, while a stable dividend and favorable tax benefits further reinforce confidence in its financial health.

Bears say

PennyMac Mortgage Investment Trust's recent financial performance raises concerns as it reported a decline in book value from $15.89 to $15.85 per share, indicating instability in the company's underlying assets. The estimated quarterly run-rate return from its investment strategies also decreased from $0.35 to $0.33, primarily due to lower expected asset yields in interest-rate-sensitive strategies. Furthermore, the downward revision of EPS estimates for 2024 and 2025 highlights a trend of lower net interest income alongside rising expense assumptions, suggesting potential challenges in sustaining profitability.

PMT has been analyzed by 20 analysts, with a consensus rating of Buy. 30% of analysts recommend a Strong Buy, 20% recommend Buy, 50% suggest Holding, 0% advise Selling, and 0% predict a Strong Sell.

This aggregate rating is based on analysts' research of PennyMac Mortgage Investment and is not a guaranteed prediction by Public.com or investment advice.

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FAQs About PennyMac Mortgage Investment (PMT) Forecast

Analysts have given PMT a Buy based on their latest research and market trends.

According to 20 analysts, PMT has a Buy consensus rating as of Jun 13, 2025. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $18.08, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $18.08, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

PennyMac Mortgage Investment (PMT)

Volume: 574.74K

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