At the time of writing, Pennymac Mortgage Investment Trust [PMT] stock is trading at $12.66, up 0.16%. An important factor to consider is whether the stock is rising or falling in short-term value. The PMT shares have gain 3.26% over the last week, with a monthly amount glided 3.60%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Pennymac Mortgage Investment Trust [NYSE: PMT] stock has seen the most recent analyst activity on July 10, 2024, when Keefe Bruyette upgraded its rating to a Outperform and also boosted its price target to $15.50 from $15. On December 06, 2023, UBS initiated with a Neutral rating and assigned a price target of $13.50 on the stock. BTIG Research downgraded its rating to a Neutral. Piper Sandler downgraded its rating to a Neutral and reduced its price target to $15 on February 07, 2023. BTIG Research upgraded its rating to Buy for this stock on January 07, 2022, but kept the price target unchanged to $18.50. In a note dated November 09, 2021, Keefe Bruyette downgraded an Mkt Perform rating on this stock and revised its target price from $21 to $19.75.
For the past year, the stock price of Pennymac Mortgage Investment Trust fluctuated between $11.77 and $14.98. Currently, Wall Street analysts expect the stock to reach $14 within the next 12 months. Pennymac Mortgage Investment Trust [NYSE: PMT] shares were valued at $12.66 at the most recent close of the market. An investor can expect a potential return of 10.58% based on the average PMT price forecast.
Analyzing the PMT fundamentals
According to Pennymac Mortgage Investment Trust [NYSE:PMT], the company’s sales were 1.46B for trailing twelve months, which represents an 38.05% jump. Gross Profit Margin for this corporation currently stands at 0.9% with Operating Profit Margin at -0.53%, Pretax Profit Margin comes in at 0.26%, and Net Profit Margin reading is 0.3%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.06 and Total Capital is -0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of3.38.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 12.54 points at the first support level, and at 12.41 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.79, and for the 2nd resistance point, it is at 12.92.
Ratios To Look Out For
It is important to note that Pennymac Mortgage Investment Trust [NYSE:PMT] has a current ratio of 0.05. On the other hand, the Quick Ratio is 0.05, and the Cash Ratio is 0.07. Considering the valuation of this stock, the price to sales ratio is 0.75, the price to book ratio is 0.81 and price to earnings (TTM) ratio is 13.59.
Transactions by insiders
Recent insider trading involved Lynch Catherine A., Director, that happened on Apr 24 ’25 when 2878.0 shares were purchased. Director, Lynch Catherine A. completed a deal on Apr 25 ’25 to buy 1268.0 shares. Meanwhile, Director, President & CMBO Jones Doug sold 14530.0 shares on Mar 05 ’25.
