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NYSE: PMT
Pennymac Mortgage Investment Trust Stock Forecast, Predictions & Price Target

Analyst price target for PMT

Based on 5 analysts offering 12 month price targets for Pennymac Mortgage Investment Trust.
Min Forecast
$14.50+1.47%
Avg Forecast
$15.20+6.37%
Max Forecast
$16.00+11.97%

Should I buy or sell PMT stock?

Based on 5 analysts offering ratings for Pennymac Mortgage Investment Trust.
Buy
Strong Buy
1 analysts 20%
Buy
2 analysts 40%
Hold
2 analysts 40%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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PMT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-07-25
lockedlocked$00.00+00.00%2024-07-25
lockedlocked$00.00+00.00%2024-07-24
lockedlocked$00.00+00.00%2024-07-24
lockedlocked$00.00+00.00%2024-07-19

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Forecast return on equity

Is PMT forecast to generate an efficient return?
Company
8.02%
Industry
13.23%
Market
52.22%
PMT's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is PMT forecast to generate an efficient return on assets?
Company
1.29%
Industry
2.39%
PMT is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

PMT earnings per share forecast

What is PMT's earnings per share in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$1.27-24.67%
Avg 2 year Forecast
$1.50-10.96%
Avg 3 year Forecast
$1.79+6.55%
PMT's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

PMT revenue forecast

What is PMT's revenue in the next 2 years based on estimates from 3 analysts?
Avg 1 year Forecast
$339.2M-13.81%
Avg 2 year Forecast
$388.4M-1.33%
PMT's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

PMT earnings growth forecast

How is PMT forecast to perform vs REIT - Mortgage companies and vs the US market?
Company
-5.25%
Industry
17.11%
Market
20.02%
PMT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
PMT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
PMT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

PMT revenue growth forecast

How is PMT forecast to perform vs REIT - Mortgage companies and vs the US market?
Company
-0.67%
Industry
4.21%
Market
8.61%
PMT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
PMT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

PMT vs Mortgage REIT Stocks

TickerPricePrice TargetUp/downsideConsensus
PMT$14.29$15.20+6.37%Buy
CIM$15.41$16.00+3.83%Hold
MFA$12.22$13.75+12.52%Buy
ARI$8.89$10.00+12.49%Hold
RC$7.31$8.69+18.85%Hold

Pennymac Mortgage Investment Trust Stock Forecast FAQ

Is Pennymac Mortgage Investment Trust Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 5 Wall Street analysts covering (NYSE: PMT) stock is to Buy PMT stock.

Out of 5 analysts, 1 (20%) are recommending PMT as a Strong Buy, 2 (40%) are recommending PMT as a Buy, 2 (40%) are recommending PMT as a Hold, 0 (0%) are recommending PMT as a Sell, and 0 (0%) are recommending PMT as a Strong Sell.

If you're new to stock investing, here's how to buy Pennymac Mortgage Investment Trust stock.

What is PMT's earnings growth forecast for 2024-2026?

(NYSE: PMT) Pennymac Mortgage Investment Trust's forecast annual earnings growth rate of -5.25% is not forecast to beat the US REIT - Mortgage industry's average forecast earnings growth rate of 17.11%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 20.02%.

Pennymac Mortgage Investment Trust's earnings in 2024 is $145,556,000.On average, 4 Wall Street analysts forecast PMT's earnings for 2024 to be $109,922,545, with the lowest PMT earnings forecast at $103,364,542, and the highest PMT earnings forecast at $121,779,066. On average, 5 Wall Street analysts forecast PMT's earnings for 2025 to be $129,935,310, with the lowest PMT earnings forecast at $119,868,125, and the highest PMT earnings forecast at $150,269,461.

In 2026, PMT is forecast to generate $155,481,118 in earnings, with the lowest earnings forecast at $155,481,118 and the highest earnings forecast at $155,481,118.

What is PMT's revenue growth forecast for 2024-2025?

(NYSE: PMT) Pennymac Mortgage Investment Trust's forecast annual revenue growth rate of -0.67% is not forecast to beat the US REIT - Mortgage industry's average forecast revenue growth rate of 4.21%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.61%.

Pennymac Mortgage Investment Trust's revenue in 2024 is $393,605,000.On average, 3 Wall Street analysts forecast PMT's revenue for 2024 to be $29,465,843,461, with the lowest PMT revenue forecast at $27,534,924,320, and the highest PMT revenue forecast at $32,589,363,582.

In 2025, PMT is forecast to generate $33,734,191,035 in revenue, with the lowest revenue forecast at $31,356,806,560 and the highest revenue forecast at $37,377,139,698.

What is PMT's forecast return on assets (ROA) for 2024-2026?

(NYSE: PMT) forecast ROA is 1.29%, which is lower than the forecast US REIT - Mortgage industry average of 2.39%.

What is PMT's Price Target?

According to 5 Wall Street analysts that have issued a 1 year PMT price target, the average PMT price target is $15.20, with the highest PMT stock price forecast at $16.00 and the lowest PMT stock price forecast at $14.50.

On average, Wall Street analysts predict that Pennymac Mortgage Investment Trust's share price could reach $15.20 by Jul 25, 2025. The average Pennymac Mortgage Investment Trust stock price prediction forecasts a potential upside of 6.37% from the current PMT share price of $14.29.

What is PMT's Earnings Per Share (EPS) forecast for 2024-2026?

(NYSE: PMT) Pennymac Mortgage Investment Trust's current Earnings Per Share (EPS) is $1.68. On average, analysts forecast that PMT's EPS will be $1.27 for 2024, with the lowest EPS forecast at $1.19, and the highest EPS forecast at $1.40. On average, analysts forecast that PMT's EPS will be $1.50 for 2025, with the lowest EPS forecast at $1.38, and the highest EPS forecast at $1.73. In 2026, PMT's EPS is forecast to hit $1.79 (min: $1.79, max: $1.79).

What is PMT's forecast return on equity (ROE) for 2024-2026?

(NYSE: PMT) forecast ROE is 8.02%, which is considered weak.
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