PennyMac Mortgage Investment Trust to Post Q2 2025 Earnings of $0.43 Per Share, Wedbush Forecasts (NYSE:PMT)

PennyMac Mortgage Investment Trust (NYSE:PMT) – Analysts at Wedbush upped their Q2 2025 EPS estimates for PennyMac Mortgage Investment Trust in a research note issued on Thursday, July 25th. Wedbush analyst J. Mccanless now anticipates that the real estate investment trust will post earnings per share of $0.43 for the quarter, up from their prior forecast of $0.40. Wedbush has a “Neutral” rating and a $15.00 price objective on the stock. The consensus estimate for PennyMac Mortgage Investment Trust’s current full-year earnings is $1.43 per share. Wedbush also issued estimates for PennyMac Mortgage Investment Trust’s Q3 2025 earnings at $0.36 EPS, Q4 2025 earnings at $0.33 EPS and FY2025 earnings at $1.45 EPS.

A number of other research firms have also recently weighed in on PMT. JMP Securities increased their price objective on shares of PennyMac Mortgage Investment Trust from $15.00 to $15.50 and gave the stock a “market outperform” rating in a report on Friday, July 19th. Piper Sandler cut their price target on PennyMac Mortgage Investment Trust from $15.00 to $14.50 and set a “neutral” rating on the stock in a report on Wednesday. Keefe, Bruyette & Woods decreased their price objective on PennyMac Mortgage Investment Trust from $15.50 to $15.00 and set an “outperform” rating for the company in a report on Thursday. Finally, B. Riley reaffirmed a “buy” rating and set a $16.00 target price on shares of PennyMac Mortgage Investment Trust in a research note on Wednesday. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $14.93.

PennyMac Mortgage Investment Trust Stock Performance

PMT stock opened at $13.56 on Friday. PennyMac Mortgage Investment Trust has a 1 year low of $10.52 and a 1 year high of $15.89. The stock has a market capitalization of $1.18 billion, a price-to-earnings ratio of 9.04 and a beta of 1.51. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.34 and a current ratio of 0.33. The stock’s fifty day moving average is $13.92 and its two-hundred day moving average is $14.13.

PennyMac Mortgage Investment Trust (NYSE:PMT) last announced its quarterly earnings results on Tuesday, July 23rd. The real estate investment trust reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by ($0.17). The company had revenue of $71.20 million during the quarter, compared to the consensus estimate of $90.26 million. PennyMac Mortgage Investment Trust had a return on equity of 13.29% and a net margin of 47.60%. During the same period last year, the business posted $0.16 EPS.

PennyMac Mortgage Investment Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, July 26th. Shareholders of record on Friday, July 12th will be given a $0.40 dividend. The ex-dividend date is Friday, July 12th. This represents a $1.60 dividend on an annualized basis and a yield of 11.80%. PennyMac Mortgage Investment Trust’s dividend payout ratio (DPR) is 106.67%.

Hedge Funds Weigh In On PennyMac Mortgage Investment Trust

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vaughan Nelson Investment Management L.P. raised its stake in shares of PennyMac Mortgage Investment Trust by 4.2% in the 4th quarter. Vaughan Nelson Investment Management L.P. now owns 1,571,966 shares of the real estate investment trust’s stock worth $23,501,000 after buying an additional 64,055 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in PennyMac Mortgage Investment Trust by 4.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,360,869 shares of the real estate investment trust’s stock worth $20,345,000 after acquiring an additional 61,287 shares in the last quarter. Bank of New York Mellon Corp raised its position in PennyMac Mortgage Investment Trust by 1.2% in the second quarter. Bank of New York Mellon Corp now owns 792,354 shares of the real estate investment trust’s stock worth $10,895,000 after acquiring an additional 9,506 shares in the last quarter. Norges Bank acquired a new stake in PennyMac Mortgage Investment Trust in the 4th quarter valued at about $9,781,000. Finally, Mirae Asset Global Investments Co. Ltd. boosted its position in shares of PennyMac Mortgage Investment Trust by 4.6% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 643,252 shares of the real estate investment trust’s stock valued at $9,443,000 after purchasing an additional 28,121 shares in the last quarter. 67.38% of the stock is owned by institutional investors.

About PennyMac Mortgage Investment Trust

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.