PennyMac Mortgage Investment Trust (PMT) Stock Forecast, Price Target & Predictions
PMT Stock Forecast
PennyMac Mortgage Investment Trust (PMT) stock forecast, based on 23 Wall Street analysts, predicts a 12-month average price target of $14.00, with a high of $14.00 and a low of $14.00. This represents a 9.03% increase from the last price of $12.84.
PMT Stock Rating
PennyMac Mortgage Investment Trust stock's rating consensus is Buy, based on 23 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 12 Buy (52.17%), 11 Hold (47.83%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).
Buy
PMT Price Target Upside V Benchmarks
Type | Name | Upside |
---|---|---|
Stock | PennyMac Mortgage Investment Trust | 9.03% |
Sector | Real Estate Stocks | 16.01% |
Industry | Mortgage REIT Stocks | 24.64% |
Price Target Trends
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | 3 |
Avg Price Target | - | - | $14.50 |
Last Closing Price | $12.84 | $12.84 | $12.84 |
Upside/Downside | - | - | 12.93% |
Ratings Trends
Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
---|---|---|---|---|---|---|
Apr, 25 | 2 | - | 7 | - | - | 9 |
Mar, 25 | 2 | - | 7 | - | - | 9 |
Feb, 25 | 2 | - | 8 | - | - | 10 |
Jan, 25 | 2 | 1 | 8 | - | - | 11 |
Dec, 24 | 2 | 1 | 8 | - | - | 11 |
Analyst Price Target Forecasts
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Jan 03, 2025 | Mark DeVries | Deutsche Bank | $14.00 | $12.67 | 10.50% | 9.03% |
Oct 23, 2024 | Crispin Love | Piper Sandler | $14.50 | $13.67 | 6.07% | 12.93% |
May 09, 2024 | Crispin Love | Piper Sandler | $15.00 | $14.60 | 2.74% | 16.82% |
Apr 26, 2022 | JMP Securities | $18.00 | $15.23 | 18.19% | 40.19% |
Analyst Rating Forecasts
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Jan 03, 2025 | Deutsche Bank | Hold | Hold | hold |
Oct 23, 2024 | Piper Sandler | Neutral | Neutral | hold |
Jul 19, 2024 | JMP Securities | Outperform | Outperform | hold |
Jul 10, 2024 | Wedbush | Neutral | Neutral | hold |
May 09, 2024 | Piper Sandler | Neutral | Neutral | hold |
Apr 30, 2024 | Bank of America Securities | Neutral | Neutral | hold |
Apr 29, 2024 | Wedbush | Market Outperform | Market Outperform | hold |
Apr 26, 2022 | JMP Securities | Market Outperform | Market Outperform | hold |
Apr 26, 2022 | Zacks Investment Research | Hold | upgrade |
Financial Forecast
EPS Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | |
---|---|---|---|---|---|---|---|
Reported | $0.27 | $0.26 | $-0.80 | $2.09 | $1.37 | - | - |
Avg Forecast | $0.15 | $0.87 | $-0.82 | $1.42 | $1.27 | $1.52 | $1.60 |
High Forecast | $0.16 | $0.90 | $-0.75 | $1.52 | $1.28 | $1.55 | $1.67 |
Low Forecast | $0.15 | $0.84 | $-0.91 | $1.36 | $1.24 | $1.49 | $1.44 |
Surprise % | 80.00% | -70.11% | -2.44% | 47.18% | 7.87% | - | - |
Revenue Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | |
---|---|---|---|---|---|---|---|
Reported | $108.63M | $82.84M | $103.11M | $725.87M | $14.72M | - | - |
Avg Forecast | $611.94M | $500.70M | $382.99M | $402.76M | $323.66M | $392.72M | $407.96M |
High Forecast | $629.35M | $514.94M | $415.68M | $422.33M | $333.13M | $407.65M | $411.13M |
Low Forecast | $594.26M | $486.24M | $357.46M | $387.09M | $314.36M | $371.53M | $404.78M |
Surprise % | -82.25% | -83.46% | -73.08% | 80.22% | -95.45% | - | - |
Net Income Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | |
---|---|---|---|---|---|---|---|
Reported | $52.37M | $56.85M | $-73.29M | $199.65M | $119.17M | - | - |
Avg Forecast | $-1.97B | $-15.88M | $-136.89M | $157.38M | $140.67M | $169.43M | $173.55M |
High Forecast | $-1.34B | $33.84M | $-109.51M | $188.86M | $142.87M | $172.75M | $186.42M |
Low Forecast | $-2.61B | $-65.61M | $-164.26M | $125.90M | $138.47M | $166.10M | $160.68M |
Surprise % | -102.65% | -457.93% | -46.46% | 26.86% | -15.29% | - | - |