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PennyMac Mortgage Investment Trust (PMT)

Real Estate | REIT - Mortgage | Westlake Village, United States | NYSE
12.04 USD +0.17 (1.432%) ⇧ (April 17, 2026, 11:43 a.m. EDT)

Short-term: ★★★☆☆ | Long-term: ★★☆☆☆ | Dividends: ★★★★☆
Hot Take | April 11, 2026, 1:26 p.m. EDT

PMT is a high-risk investment with a high overall risk rating and a significant payout ratio, which could signal potential financial strain. While the dividend yield is attractive, the high payout ratio suggests that the company may be vulnerable to changes in its earnings. The recent price history shows a mix of volatility, with a recent uptick towards the current price, but the forecasting model suggests minimal expected movement. The options activity indicates a cautious market sentiment, with both bullish and bearish positions present. Investors should consider the high risk and the potential for volatility, especially given the high dividend yield and the company's financial structure.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.070743
AutoETS0.075415
AutoARIMA0.075417
AutoTheta0.078918

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 47%
H-stat 5.90
Ljung-Box p 0.000
Jarque-Bera p 0.190
Excess Kurtosis -0.73
Attribute Value
Sector Real Estate
Ex Dividend Date 2026-04-08
Last Dividend Date 2026-04-08
Debt to Equity Ratio 1014.193
Revenue per Share 8.29
Market Cap 1,047,679,936
Trailing P/E 12.16
Forward P/E 7.26
Beta 1.22
Profit Margins 17.73%
Website https://pmt.pennymac.com

As of April 11, 2026, 1:26 p.m. EDT: Options speculators are showing mixed signals. There is a significant amount of open interest (OI) in out-of-the-money (OTM) puts, particularly around strikes below the current price, which may indicate some bearish sentiment. However, there is also notable OI in OTM calls, especially for higher strike prices, suggesting some bullish speculation. The ATM calls and puts are showing moderate implied volatility (IV), which could indicate uncertainty about the near-term price direction. The overall options activity suggests a cautious approach with potential for both upward and downward movements, but the presence of significant OI in OTM puts suggests a possible risk of further downside.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
3.45% 13.88% 14.76% 16.71%
Dividend History
Date Dividend Yield %
2026-04-09 0.40 3.448276
2025-12-26 0.40 3.302419
2025-10-10 0.40 3.626914
2025-07-11 0.40 3.505144
2025-04-11 0.40 3.733823
2024-12-27 0.40 3.745432
2024-10-11 0.40 3.484009
2024-07-12 0.40 3.479570
2024-04-11 0.40 3.747305
2023-12-28 0.40 3.456407
2023-10-12 0.40 4.631180
2023-07-13 0.40 4.108364
2023-04-13 0.40 4.820442
2022-12-29 0.40 4.796639
2022-10-13 0.47 6.270802
2022-07-13 0.47 5.328281
2022-04-13 0.47 5.022679
2021-12-30 0.47 4.581110
2021-10-14 0.47 4.115420
2021-07-14 0.47 4.323815
2021-04-14 0.47 4.386976
2020-12-30 0.47 5.055390
2020-10-14 0.40 4.628164
2020-07-14 0.40 4.460322
2020-04-14 0.25 4.952110
2019-12-30 0.47 4.372597
2019-10-10 0.47 4.476963
2019-07-12 0.47 4.599718
2019-04-12 0.47 4.956192
2018-12-28 0.47 5.603339
2018-10-12 0.47 5.805693
2018-07-12 0.47 5.892124
2018-04-12 0.47 6.505378
2017-12-28 0.47 7.204994
2017-10-12 0.47 7.109392
2017-07-11 0.47 6.970111
2017-04-11 0.47 7.121698
2016-12-28 0.47 8.110830
2016-10-05 0.47 9.261358
2016-07-12 0.47 8.685556
2016-04-08 0.47 10.916686
2015-12-23 0.47 9.271551
2015-10-13 0.47 10.070687
2015-07-14 0.61 11.891302
2015-04-13 0.61 9.976955
2014-12-26 0.61 10.092594
2014-10-10 0.61 10.926299
2014-07-11 0.59 10.153002
2014-04-14 0.59 9.907103
2014-01-08 0.59 10.103388
2013-11-13 0.57 10.551431
2013-08-15 0.57 11.139705
2013-05-14 0.57 10.171526
2013-02-19 0.57 10.084767
2012-11-15 0.57 11.193704
2012-08-14 0.55 11.451103
2012-05-14 0.55 13.685110
2012-02-15 0.55 14.854730
2011-11-14 0.50 14.908994
2011-08-12 0.50 15.893514
2011-05-12 0.42 12.556558
2011-01-10 0.42 12.703875
2010-11-17 0.42 13.395770
2010-08-12 0.35 11.544733
Additional Data
dividendRate 1.6
dividendYield 13.48
exDividendDate 2026-04-09
trailingAnnualDividendRate 1.6
trailingAnnualDividendYield 0.1347936
lastDividendValue 0.4
lastDividendDate 2026-04-09
dividendDate 2026-04-24

Info Dump

Attribute Value
52 Week Change -0.07984495
Address1 3,043 Townsgate Road
Address2 Suite 200
All Time High 28.95
All Time Low 3.5
Ask 12.05
Ask Size 700
Audit Risk 2
Average Analyst Rating 2.8 - Hold
Average Daily Volume10 Day 1,304,550
Average Daily Volume3 Month 1,197,944
Average Volume 1,197,944
Average Volume10Days 1,304,550
Beta 1.222
Bid 12.04
Bid Size 1,400
Board Risk 6
Book Value 15.467
City Westlake Village
Compensation As Of Epoch Date 1,735,603,200
Compensation Risk 2
Country United States
Crypto Tradeable 0
Currency USD
Current Price 12.04
Current Ratio 1.355
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 12.1
Day Low 11.91
Debt To Equity 1,014.193
Dividend Date 1,776,988,800
Dividend Rate 1.6
Dividend Yield 13.48
Earnings Call Timestamp End 1,769,727,600
Earnings Call Timestamp Start 1,769,727,600
Earnings Growth 0.17
Earnings Quarterly Growth 0.125
Earnings Timestamp 1,769,720,400
Earnings Timestamp End 1,776,801,600
Earnings Timestamp Start 1,776,801,600
Ebitda Margins 0.0
Enterprise To Revenue 28.27
Enterprise Value 20,387,627,008
Eps Current Year 1.62333
Eps Forward 1.658
Eps Trailing Twelve Months 0.99
Esg Populated 0
Ex Dividend Date 1,775,692,800
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 11.9372
Fifty Day Average Change 0.10280037
Fifty Day Average Change Percent 0.008611766
Fifty Two Week Change Percent -7.984495
Fifty Two Week High 13.81
Fifty Two Week High Change -1.7700005
Fifty Two Week High Change Percent -0.12816802
Fifty Two Week Low 11.15
Fifty Two Week Low Change 0.89000034
Fifty Two Week Low Change Percent 0.07982066
Fifty Two Week Range 11.15 - 13.81
Financial Currency USD
First Trade Date Milliseconds 1,248,960,600,000
Five Year Avg Dividend Yield 12.03
Float Shares 71,836,557
Forward Eps 1.658
Forward P E 7.261761
Full Exchange Name NYSE
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,775,001,600
Gross Margins 0.82885003
Gross Profits 597,740,992
Has Pre Post Market Data 1
Held Percent Insiders 0.01313
Held Percent Institutions 0.6858
Implied Shares Outstanding 87,016,605
Industry REIT - Mortgage
Industry Disp REIT - Mortgage
Industry Key reit-mortgage
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,775,692,800
Last Dividend Value 0.4
Last Fiscal Year End 1,767,139,200
Long Business Summary PennyMac Mortgage Investment Trust, through its subsidiary, primarily invests in residential mortgage-related assets in the United States. The company operates through: Credit Sensitive Strategies, Interest Rate Sensitive Strategies, and Correspondent Production segments. The Credit Sensitive Strategies segment invests in credit risk transfer (CRT) agreements and subordinate and credit-linked mortgage-backed securities (MBS). The Interest Rate Sensitive Strategies segment engages in investing in mortgage servicing rights, agency and senior non-agency MBS, and collateralized mortgage obligations (CMOs), as well as interest rate hedging activities. The Correspondent Production segment is involved in purchasing, pooling, and reselling newly originated prime credit quality loans directly or in the form of MBS. The company primarily sells its loans to government-sponsored enterprises. It has elected to be taxed as a real estate investment trust (REIT). It is not subject to U.S. federal income tax on the REIT taxable income it distributes to its shareholders. PennyMac Mortgage Investment Trust was incorporated in 2009 and is headquartered in Westlake Village, California.
Long Name PennyMac Mortgage Investment Trust
Market us_market
Market Cap 1,047,679,936
Market State REGULAR
Max Age 86,400
Message Board Id finmb_59284923
Most Recent Quarter 1,767,139,200
Net Income To Common 85,905,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 1,032,887,089
Number Of Analyst Opinions 7
Open 11.98
Operating Cashflow -7,213,231,104
Operating Margins 0.21097
Overall Risk 4
Payout Ratio 2.0202
Peg Ratio 0.7576
Phone 818 224 7442
Previous Close 11.87
Price Eps Current Year 7.416853
Price Hint 2
Price To Book 0.7784315
Price To Sales Trailing12 Months 1.4527503
Profit Margins 0.17731
Quick Ratio 0.936
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key hold
Recommendation Mean 2.77778
Region US
Regular Market Change 0.17000008
Regular Market Change Percent 1.4321827
Regular Market Day High 12.1
Regular Market Day Low 11.91
Regular Market Day Range 11.91 - 12.1
Regular Market Open 11.98
Regular Market Previous Close 11.87
Regular Market Price 12.04
Regular Market Time 1,776,440,616
Regular Market Volume 271,315
Return On Assets 0.00715
Return On Equity 0.06685
Revenue Growth 10.676
Revenue Per Share 8.29
Sand P52 Week Change 0.36506534
Sector Real Estate
Sector Disp Real Estate
Sector Key real-estate
Share Holder Rights Risk 5
Shares Outstanding 87,016,604
Shares Percent Shares Out 0.0573
Shares Short 4,982,586
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 4,317,275
Short Name PennyMac Mortgage Investment Tr
Short Percent Of Float 0.081599995
Short Ratio 4.56
Source Interval 15
State CA
Symbol PMT
Target High Price 15.0
Target Low Price 12.0
Target Mean Price 13.14286
Target Median Price 13.0
Total Cash 327,912,992
Total Cash Per Share 3.768
Total Debt 19,141,171,200
Total Revenue 721,169,984
Tradeable 0
Trailing Annual Dividend Rate 1.6
Trailing Annual Dividend Yield 0.1347936
Trailing Eps 0.99
Trailing P E 12.161616
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 12.35745
Two Hundred Day Average Change -0.31744957
Two Hundred Day Average Change Percent -0.025688924
Type Disp Equity
Volume 271,315
Website https://pmt.pennymac.com
Zip 91,361