Comments
Loading...
PennyMac Mortgage IT Analyst Ratings and Price Targets | NYSE:PMT | Benzinga
PennyMac Mortgage Investment Trust has a consensus price target of $14.68 based on the ratings of 13 analysts. The high is $16 issued by B. Riley Securities on July 24, 2024. The low is $13 issued by UBS on April 16, 2025. The 3 most-recent analyst ratings were released by UBS, JMP Securities, and Wedbush on April 16, 2025, January 23, 2025, and October 24, 2024, respectively. With an average price target of $14.5 between UBS, JMP Securities, and Wedbush, there's an implied 18.85% upside for PennyMac Mortgage Investment Trust from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
UBS
JMP Securities
Wedbush
Keefe, Bruyette & Woods
B. Riley Securities
1calculated from analyst ratings
Analyst Ratings for PennyMac Mortgage IT
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 04/16/2025 | Buy Now | 6.56% | UBS | Douglas Harter67% | $13.25 → $13 | Maintains | Neutral | Get Alert |
| 01/23/2025 | Buy Now | 27.05% | JMP Securities | Aaron Hecht56% | $15.5 → $15.5 | Reiterates | Market Outperform → Market Outperform | Get Alert |
| 10/24/2024 | Buy Now | 22.95% | Wedbush | Jay McCanless86% | $15 → $15 | Reiterates | Neutral → Neutral | Get Alert |
| 07/25/2024 | Buy Now | 22.95% | Keefe, Bruyette & Woods | Bose George69% | $15.5 → $15 | Maintains | Outperform | Get Alert |
| 07/25/2024 | Buy Now | 22.95% | Wedbush | Jay McCanless86% | $15 → $15 | Reiterates | Neutral → Neutral | Get Alert |
| 07/24/2024 | Buy Now | 31.15% | B. Riley Securities | Matt Howlett41% | $16 → $16 | Reiterates | Buy → Buy | Get Alert |
| 07/24/2024 | Buy Now | 18.85% | Piper Sandler | Crispin Love48% | $15 → $14.5 | Maintains | Neutral | Get Alert |
| 07/19/2024 | Buy Now | 27.05% | JMP Securities | Trevor Cranston51% | $15 → $15.5 | Maintains | Market Outperform | Get Alert |
| 07/10/2024 | Buy Now | 27.05% | Keefe, Bruyette & Woods | Bose George69% | $15 → $15.5 | Upgrade | Market Perform → Outperform | Get Alert |
| 05/09/2024 | Buy Now | 22.95% | Piper Sandler | Crispin Love48% | $14.5 → $15 | Reiterates | Neutral → Neutral | Get Alert |
| 04/29/2024 | Buy Now | 22.95% | Wedbush | Jay McCanless86% | $15 → $15 | Reiterates | Neutral → Neutral | Get Alert |
| 04/19/2024 | Buy Now | 22.95% | JMP Securities | Trevor Cranston51% | $15 → $15 | Reiterates | Market Outperform → Market Outperform | Get Alert |
| 04/18/2024 | Buy Now | 22.95% | JMP Securities | Trevor Cranston51% | $15 → $15 | Reiterates | Market Outperform → Market Outperform | Get Alert |
| 02/07/2024 | Buy Now | 31.15% | B. Riley Securities | Matt Howlett41% | $15 → $16 | Maintains | Buy | Get Alert |
| 01/10/2024 | Buy Now | 22.95% | Deutsche Bank | Mark Devries69% | → $15 | Initiates | → Hold | Get Alert |
| 12/06/2023 | Buy Now | 10.66% | UBS | Douglas Harter67% | → $13.5 | Initiates | → Neutral | Get Alert |
| 10/30/2023 | Buy Now | 14.75% | Wedbush | Jay McCanless86% | $13 → $14 | Maintains | Neutral | Get Alert |
| 07/31/2023 | Buy Now | 14.75% | Credit Suisse | Douglas Harter67% | $15 → $14 | Maintains | Outperform | Get Alert |
| 07/21/2023 | Buy Now | 22.95% | JMP Securities | Trevor Cranston51% | $12.5 → $15 | Maintains | Outperform | Get Alert |
| 05/08/2023 | Buy Now | 6.56% | Wells Fargo | Noah Kaye73% | $15 → $13 | Maintains | Equal-Weight | Get Alert |
| 05/02/2023 | Buy Now | 6.56% | Keefe, Bruyette & Woods | Bose George69% | $12 → $13 | Maintains | Market Perform | Get Alert |
| 04/24/2023 | Buy Now | -1.64% | Keefe, Bruyette & Woods | Bose George69% | $14 → $12 | Maintains | Market Perform | Get Alert |
| 04/21/2023 | Buy Now | 2.46% | JMP Securities | Trevor Cranston51% | $15 → $12.5 | Maintains | Outperform | Get Alert |
| 02/17/2023 | Buy Now | — | BTIG | Eric Hagen48% | — | Downgrade | Buy → Neutral | Get Alert |
| 02/07/2023 | Buy Now | 22.95% | Piper Sandler | Kevin Barker75% | $16 → $15 | Downgrade | Overweight → Neutral | Get Alert |
| 11/30/2022 | Buy Now | — | JonesTrading | Jason Stewart44% | — | Downgrade | Buy → Hold | Get Alert |
| 10/25/2022 | Buy Now | 22.95% | B. Riley Securities | Matt Howlett41% | $18 → $15 | Maintains | Buy | Get Alert |
| 10/20/2022 | Buy Now | 22.95% | JMP Securities | Trevor Cranston51% | $16 → $15 | Maintains | Market Outperform | Get Alert |
| 09/30/2022 | Buy Now | 27.05% | Piper Sandler | Kevin Barker75% | $18 → $15.5 | Maintains | Overweight | Get Alert |
| 07/01/2022 | Buy Now | 47.54% | B. Riley Securities | Matt Howlett41% | $21 → $18 | Maintains | Buy | Get Alert |
| 06/28/2022 | Buy Now | 39.34% | Piper Sandler | Kevin Barker75% | $18 → $17 | Maintains | Overweight | Get Alert |
| 05/06/2022 | Buy Now | 47.54% | JonesTrading | Jason Stewart44% | $18.5 → $18 | Maintains | Buy | Get Alert |
| 04/26/2022 | Buy Now | 47.54% | JMP Securities | Trevor Cranston51% | $22 → $18 | Maintains | Market Outperform | Get Alert |
FAQ
What is the target price for PennyMac Mortgage IT (PMT) stock?
The latest price target for PennyMac Mortgage IT (NYSE:PMT) was reported by UBS on April 16, 2025. The analyst firm set a price target for $13.00 expecting PMT to rise to within 12 months (a possible 6.56% upside). 11 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for PennyMac Mortgage IT (PMT)?
The latest analyst rating for PennyMac Mortgage IT (NYSE:PMT) was provided by UBS, and PennyMac Mortgage IT maintained their neutral rating.
When was the last upgrade for PennyMac Mortgage IT (PMT)?
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.
When was the last downgrade for PennyMac Mortgage IT (PMT)?
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.
When is the next analyst rating going to be posted or updated for PennyMac Mortgage IT (PMT)?
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 April 16, 2025 so you should expect the next rating to be made available sometime around April 16, 2026.
Is the Analyst Rating PennyMac Mortgage IT (PMT) correct?
While ratings are subjective and will change, the latest PennyMac Mortgage IT (PMT) rating was a maintained with a price target of $13.25 to $13.00. The current price PennyMac Mortgage IT (PMT) is trading at is $12.20, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.
