PennyMac Mortgage Investment Trust

$6.92- (-)1Y −39.76%

As of Oct 16, 2026 close

Market cap: $615.65M
P/E (TTM): 4.25
Forward P/E: 2.16
Dividend yield: 22.66%
52-week range: $6.80$13.81
Volume (live): -
Avg. volume (3M): 2.44M

PennyMac Mortgage Investment Trust (PMT) Analyst Forecast

Analyst consensus ratings, 12-month price targets, and expert recommendations for PennyMac Mortgage Investment Trust stock.

Analyst Consensus Rating

Investment consensus from 8 professional research analysts

Consensus Rating

Hold

Based on 8 unique analysts

(11 total ratings in last 90 days)

Medium Confidence1.0:1 Buy/Sell

Average Price Target

$10.35

+49.57% upside

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Strong Sell

Sell

Hold

Buy

Strong Buy

Latest PMT Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Date	Analyst	Firm	Action	Rating	Price Target
Oct 9, 2026	Crispin Love	Piper Sandler	Maintains	Hold	$10.00 → $9.00 −1.00 (−10.0%)
Oct 7, 2026	Bose George	KBW	Maintains	Hold	$12.00 → $10.75 −1.25 (−10.4%)
Aug 21, 2026	Marissa Lobo	UBS	Reiterates	Hold	$11.25 → $10.00 −1.25 (−11.1%)
Aug 16, 2026	Mark DeVries	Deutsche Bank	Upgrades	Buy	$12.00
Aug 12, 2026	Zacks Equity Research	Zacks Equity Research	Initiates Coverage	Sell	-
Aug 10, 2026	Derek Hewett	BofA Securities	Reiterates	Hold	-
Aug 7, 2026	Jason Weaver	JonesTrading	Reiterates	Hold	-
Aug 6, 2026	Jason Weaver	JonesTrading	Reiterates	Hold	-
Aug 3, 2026	Bose George	KBW	Maintains	Hold	$12.00
Jul 31, 2026	Donald Fandetti	Wells Fargo	Reiterates	Hold	$12.00 → $10.00 −2.00 (−16.7%)
Jul 30, 2026	Crispin Love	Piper Sandler	Maintains	Hold	$11.50 → $10.00 −1.50 (−13.0%)

Crispin Love

Piper Sandler

HoldMaintains

$10.00 → $9.00

Oct 9

Bose George

KBW

HoldMaintains

$12.00 → $10.75

Oct 7

Marissa Lobo

UBS

HoldReiterates

$11.25 → $10.00

Aug 21

Mark DeVries

Deutsche Bank

BuyUpgrades

$12.00

Aug 16

Zacks Equity Research

SellInitiates Coverage

Aug 12

Derek Hewett

BofA Securities

HoldReiterates

Aug 10

Jason Weaver

JonesTrading

HoldReiterates

Aug 7

Jason Weaver

JonesTrading

HoldReiterates

Aug 6

Bose George

KBW

HoldMaintains

$12.00

Aug 3

Donald Fandetti

Wells Fargo

HoldReiterates

$12.00 → $10.00

Jul 31

Crispin Love

Piper Sandler

HoldMaintains

$11.50 → $10.00

Jul 30

Source: Professional analyst ratings and price targets from the last 90 days. Data as of Oct 9, 2026. Data sources and methodology

Frequently Asked Questions

What is the analyst consensus rating for PMT?

The analyst consensus rating for PMT is Hold, based on the latest ratings from 8 analysts over the last 90 days.

What is the average price target for PMT?

The average 12-month price target for PMT is $10.35, representing an upside of 49.6% from the Oct 16, 2026 close of $6.92.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.