PennyMac Mortgage Investment Trust (PMT) Expected to Release Quarterly Earnings on Thursday

PennyMac Mortgage Investment Trust (NYSE:PMT) is anticipated to issue its Q3 2026 results after the market closes on Thursday, October 29th. Analysts expect PennyMac Mortgage Investment Trust to post earnings of $0.3017 per share and revenue of $93.96 million for the quarter. Individuals can find conference call details on the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Thursday, October 29, 2026 at 6:30 PM ET.

PennyMac Mortgage Investment Trust (NYSE:PMT) last posted its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $0.23 earnings per share for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.07). PennyMac Mortgage Investment Trust had a net margin of 47.79% and a return on equity of 12.50%. The company had revenue of ($46.00) million for the quarter, compared to the consensus estimate of $93.93 million. On average, analysts expect PennyMac Mortgage Investment Trust to post $1.02 EPS for the current fiscal year and $1.31 EPS for the next fiscal year.

PennyMac Mortgage Investment Trust Trading Up 0.5%

PennyMac Mortgage Investment Trust stock opened at $7.08 on Tuesday. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 9.18. The business’s fifty day simple moving average is $8.49 and its two-hundred day simple moving average is $10.58. PennyMac Mortgage Investment Trust has a 12 month low of $6.70 and a 12 month high of $13.81. The company has a market capitalization of $616.94 million, a price-to-earnings ratio of 4.96, a price-to-earnings-growth ratio of 0.40 and a beta of 1.20.

PennyMac Mortgage Investment Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 23rd. Shareholders of record on Thursday, October 8th were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 22.6%. The ex-dividend date was Thursday, October 8th. PennyMac Mortgage Investment Trust’s dividend payout ratio (DPR) is currently 112.68%.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on PMT shares. Deutsche Bank Aktiengesellschaft raised shares of PennyMac Mortgage Investment Trust from a “hold” rating to a “buy” rating and set a $12.00 target price for the company in a report on Saturday, August 15th. Weiss Ratings cut shares of PennyMac Mortgage Investment Trust from a “sell (d+)” rating to a “sell (d)” rating in a report on Thursday, October 8th. UBS Group cut their price target on shares of PennyMac Mortgage Investment Trust from $11.25 to $10.00 and set a “neutral” rating on the stock in a report on Friday, August 21st. Citizens Jmp reduced their price target on shares of PennyMac Mortgage Investment Trust from $15.00 to $12.50 and set a “market outperform” rating for the company in a research report on Thursday, October 15th. Finally, Zacks Research upgraded shares of PennyMac Mortgage Investment Trust from a “strong sell” rating to a “hold” rating in a report on Friday, October 16th. Three research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $10.92.

PennyMac Mortgage Investment Trust Company Profile

PennyMac Mortgage Investment Trust (NYSE: PMT) is a mortgage real estate investment trust that invests primarily in residential mortgage loans and mortgage-related assets. The company seeks to generate income through investments tied to the U.S. residential mortgage market, including credit-sensitive and interest-rate-sensitive assets.

PMT’s business activities include acquiring and managing mortgage loans, mortgage-backed securities and related investments. Through its correspondent production strategy, the trust invests in newly originated residential mortgage loans purchased from correspondent lenders.