The latest price target for PennyMac Mortgage IT (NYSE:PMT) was reported by Wedbush on October 24, 2024. The analyst firm set a price target for $15.00 expecting PMT to rise to within 12 months (a possible 14.42% upside). 13 analyst firms have reported ratings in the last year.

The latest analyst rating for PennyMac Mortgage IT (NYSE:PMT) was provided by Wedbush, and PennyMac Mortgage IT reiterated their neutral rating.

The last upgrade for PennyMac Mortgage Investment Trust happened on July 10, 2024 when Keefe, Bruyette & Woods raised their price target to $15.5. Keefe, Bruyette & Woods previously had a market perform for PennyMac Mortgage Investment Trust.

The last downgrade for PennyMac Mortgage Investment Trust happened on February 17, 2023 when BTIG changed their price target from N/A to N/A for PennyMac Mortgage Investment Trust.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of PennyMac Mortgage IT, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for PennyMac Mortgage IT was filed on October 24, 2024 so you should expect the next rating to be made available sometime around October 24, 2025.

While ratings are subjective and will change, the latest PennyMac Mortgage IT (PMT) rating was a reiterated with a price target of $15.00 to $15.00. The current price PennyMac Mortgage IT (PMT) is trading at is $13.11, which is out of the analyst’s predicted range.