PennyMac Mortgage Investment Trust Stock News

PMT reported a loss in the third quarter.

PennyMac Mortgage Investment Trust (NYSE:PMT) Research analysts at B. Riley decreased their Q4 2021 earnings estimates for shares of PennyMac Mortgage Investment Trust in a research note issued on Thursday, December 9th. B. Riley analyst M. Howlett now forecasts that the real estate investment trust will post earnings per share of $0.52 for the []

PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its Board of Trustees declared a cash dividend of $0.47 per common share of benefi

Concorde Asset Management LLC raised its holdings in PennyMac Mortgage Investment Trust (NYSE:PMT) by 229.4% in the third quarter, Holdings Channel reports. The firm owned 65,464 shares of the real estate investment trusts stock after purchasing an additional 45,589 shares during the period. Concorde Asset Management LLCs holdings in PennyMac Mortgage Investment Trust were worth []

PennyMac Mortgage Investment Tr with ticker code (PMT) have now 9 analysts in total covering the stock. The consensus rating is ''Hold''. The range between the high target price and low target price is between 23 and 19 calculating the average target price we see 20.86. With the stocks previous close at 18.03 this would imply there is a potential upside of 15.7%. The 50 day moving average now sits at 19.46 and the 200 day MA is 19.64. The company has a market capitalisation of $1,733m. You can visit the company''s website by visiting: https://www.pennymacmortgageinvestmenttrust.com [stock_market_widget type="chart" symbol="PMT" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] PennyMac Mortgage Investment Trust, a specialty finance company, invests primarily in mortgage-related assets in the United States. The company operates through Credit Sensitive Strategies, Interest Rate Sensitive Strategies, and Correspondent Production segments. Its Credit Sensitive Strategies segment invests in credit risk transfer (CRT) agreements, CRT securities, distressed loans, real estate, and non-agency subordinated bonds.

Shares of PennyMac Mortgage Investment Trust (NYSE:PMT) have been given a consensus rating of Hold by the eight brokerages that are presently covering the firm, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 12 month price target []

Analysts forecast that PennyMac Mortgage Investment Trust (NYSE:PMT) will report $0.52 earnings per share for the current quarter, according to Zacks. Two analysts have issued estimates for PennyMac Mortgage Investment Trusts earnings. The highest EPS estimate is $0.62 and the lowest is $0.42. PennyMac Mortgage Investment Trust posted earnings per share of $0.78 in the []

Equities research analysts predict that PennyMac Mortgage Investment Trust (NYSE:PMT) will announce $147.05 million in sales for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for PennyMac Mortgage Investment Trusts earnings, with the lowest sales estimate coming in at $136.10 million and the highest estimate coming in at $158.00 million. []

PennyMac Mortgage Investment Trust (NYSE:PMT) was the recipient of unusually large options trading on Tuesday. Stock traders purchased 28,380 call options on the company. This represents an increase of approximately 2,145% compared to the average volume of 1,264 call options. PMT has been the subject of several recent analyst reports. Keefe, Bruyette & Woods cut []

Shares of PennyMac Mortgage Investment Trust (NYSE:PMT) have been assigned an average recommendation of Hold from the eight ratings firms that are covering the company, Marketbeat.com reports. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 1 year price objective among [] The post PennyMac Mortgage Investment Trust (NYSE:PMT) Given Average Rating of Hold by Brokerages appeared first on ETF Daily News .

Service Properties Trust (NASDAQ:SVC) and PennyMac Mortgage Investment Trust (NYSE:PMT) are both small-cap finance companies, but which is the superior business? We will compare the two companies based on the strength of their dividends, risk, analyst recommendations, profitability, earnings, institutional ownership and valuation. Analyst Recommendations This is a summary of recent ratings and target prices []

Metropolitan Life Insurance Co NY boosted its position in shares of PennyMac Mortgage Investment Trust (NYSE:PMT) by 94,255.2% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 27,363 shares of the real estate investment trusts stock after buying an additional 27,334 shares during the quarter. []

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WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) and PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that Andrew S. Chang has decided to step down from the positions of Senior Managing Director and Chief Operating Officer of both PFSI and PMT on December 31, 2021, in order to pursue other interests. Mr. Chang will assume a new position as Special Advisor to the Chairman and CEO, David Spector, at PFSI and PMT. Andy has been a dedicated le

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its Board of Trustees has declared cash dividends for the fourth quarter of 2021 on its 8.125% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Shares of Beneficial Interest (the Series A Preferred Shares) (NYSE: PMT PrA), its 8.00% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Shares of Beneficial Interest (the Series B Preferred Shares) (NYSE: PMT