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PMT logo PMT
Upturn stock ratingUpturn stock rating
PMT logo

PennyMac Mortgage Investment Trust (PMT)

Upturn stock ratingUpturn stock rating
$12.18
Last Close (24-hour delay)
upturn advisory
PASS
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  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
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  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
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Time period over
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Upturn Advisory Summary

08/28/2025: PMT (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

9 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $13.43

1 Year Target Price $13.43

Analysts Price Target For last 52 week
$13.43 Target price
52w Low $11.05
Current$12.18
52w High $14.02

Analysis of Past Performance

Type Stock
Historic Profit -24.9%
Avg. Invested days 29
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/28/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.06B USD
Price to earnings Ratio 16.92
1Y Target Price 13.43
Price to earnings Ratio 16.92
1Y Target Price 13.43
Volume (30-day avg) 9
Beta 1.22
52 Weeks Range 11.05 - 14.02
Updated Date 08/29/2025
52 Weeks Range 11.05 - 14.02
Updated Date 08/29/2025
Dividends yield (FY) 13.19%
Basic EPS (TTM) 0.72

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 17.1%
Operating Margin (TTM) 11.7%

Management Effectiveness

Return on Assets (TTM) 0.73%
Return on Equity (TTM) 5.53%

Valuation

Trailing PE 16.92
Forward PE 9.49
Enterprise Value 15788261376
Price to Sales(TTM) 1.72
Enterprise Value 15788261376
Price to Sales(TTM) 1.72
Enterprise Value to Revenue 64.47
Enterprise Value to EBITDA -
Shares Outstanding 87016600
Shares Floating 71950549
Shares Outstanding 87016600
Shares Floating 71950549
Percent Insiders 0.97
Percent Institutions 70.55

ai summary icon Upturn AI SWOT

PennyMac Mortgage Investment Trust

stock logo

Company Overview

overview logo History and Background

PennyMac Mortgage Investment Trust (PMT) was founded in 2009 in response to the housing market crisis. It is a specialty finance company that invests primarily in mortgage-related assets. The company has grown significantly since its inception, becoming a major player in the mortgage market.

business area logo Core Business Areas

  • Credit Sensitive Strategies: Investing in distressed mortgages and mortgage-related assets.
  • Interest Rate Sensitive Strategies: Investing in mortgage-backed securities and other interest rate-sensitive assets.
  • Correspondent Production: Acquiring newly originated mortgages from correspondent lenders.

leadership logo Leadership and Structure

David Spector is the Chairman and CEO. The company operates with a typical corporate structure including a board of directors and various executive leadership roles overseeing different business segments.

Top Products and Market Share

overview logo Key Offerings

  • Credit Risk Transfer (CRT) Securities: PMT invests in CRT securities, which transfer credit risk on mortgage loans. Market share data for specific CRT investments is difficult to ascertain. Competitors include other REITs and investment firms focused on credit risk management. Annaly Capital Management (NLY) and AGNC Investment Corp. (AGNC) are competitors.
  • Mortgage-Backed Securities (MBS): PMT invests in various types of MBS. Exact market share is hard to determine as the MBS market is vast. BlackRock (BLK) and PIMCO are competitors in the broader MBS market.
  • Correspondent Production: PMT purchases mortgage loans from a nationwide network of correspondent lenders. PMT is a large buyer, but the correspondent market is very diverse. United Wholesale Mortgage (UWMC) is a competitor in this space.

Market Dynamics

industry overview logo Industry Overview

The mortgage REIT industry is heavily influenced by interest rates, housing market conditions, and government regulations. The industry is currently facing challenges related to rising interest rates and economic uncertainty.

Positioning

PennyMac Mortgage Investment Trust positions itself as a flexible investor across the mortgage market. Its competitive advantage lies in its integrated platform with PennyMac Financial Services (PFSI).

Total Addressable Market (TAM)

The TAM for mortgage-related assets is in the trillions of dollars. PMT, with its current market cap, has a relatively small portion of the overall TAM but can benefit from fluctuations in housing and interest rate markets.

Upturn SWOT Analysis

Strengths

  • Experienced management team
  • Integrated platform with PennyMac Financial Services
  • Diversified investment portfolio
  • Strong access to capital

Weaknesses

  • Sensitivity to interest rate changes
  • Exposure to credit risk
  • Reliance on external management (affiliated with PFSI)
  • Complexity of mortgage-related investments

Opportunities

  • Expansion of correspondent lending business
  • Increased investment in distressed mortgage assets
  • Capitalizing on market dislocations
  • Growth in the housing market

Threats

  • Rising interest rates
  • Economic recession
  • Increased competition
  • Changes in government regulations

Competitors and Market Share

competitor logo Key Competitors

  • NLY
  • AGNC
  • IVR

Competitive Landscape

PMT's integrated platform provides a competitive advantage, but it faces competition from larger, more established mortgage REITs.

Growth Trajectory and Initiatives

Historical Growth: Historical growth data to be populated based on latest report

Future Projections: Future projections to be populated based on latest report

Recent Initiatives: Recent strategic initiatives to be populated based on latest report

Summary

PennyMac Mortgage Investment Trust is a mortgage REIT with a diversified portfolio, benefiting from its integrated platform. However, it is susceptible to interest rate volatility and credit risk. Future success hinges on adapting to market conditions and effectively managing its portfolio. Competition from larger REITs and economic uncertainty remain key challenges.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • SEC Filings
  • Company Investor Relations
  • Analyst Reports

Disclaimers:

This analysis is for informational purposes only and should not be considered financial advice. Investment decisions should be made after consulting with a qualified financial advisor.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About PennyMac Mortgage Investment Trust

Exchange NYSE
Headquaters Westlake Village, CA, United States
IPO Launch date 2009-07-30
Chairman of the Board & CEO Mr. David A. Spector
Sector Real Estate
Industry REIT - Mortgage
Full time employees 7
Full time employees 7

PennyMac Mortgage Investment Trust, through its subsidiary, primarily invests in residential mortgage-related assets in the United States. The company operates through: Credit Sensitive Strategies, Interest Rate Sensitive Strategies, Correspondent Production segments. The Credit Sensitive Strategies segment invests in credit risk transfer (CRT) agreements and subordinate mortgage-backed securities (MBS). The Interest Rate Sensitive Strategies segment engages in investing in mortgage servicing rights, base servicing and excess servicing spreads, and agency and senior non-agency MBS, as well as related interest rate hedging activities. The Correspondent Production segment is involved in purchasing, pooling, and reselling newly originated prime credit quality loans directly or in the form of MBS. The company primarily sells its loans to government-sponsored entities. 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.