Analysts’ Weekly Ratings Updates for PennyMac Mortgage Investment Trust (PMT)

PennyMac Mortgage Investment Trust (NYSE: PMT) recently received a number of ratings updates from brokerages and research firms:

• 10/15/2026 – PennyMac Mortgage Investment Trust had its “market outperform” rating reaffirmed by Citigroup Inc..
• 10/15/2026 – PennyMac Mortgage Investment Trust had its price target lowered by Citizens Jmp from $15.00 to $12.50. They now have a “market outperform” rating on the stock.
• 10/9/2026 – PennyMac Mortgage Investment Trust had its price target lowered by Piper Sandler from $10.00 to $9.00. They now have a “neutral” rating on the stock.
• 10/8/2026 – PennyMac Mortgage Investment Trust was downgraded by Weiss Ratings from “sell (d+)” to “sell (d)”.
• 8/21/2026 – PennyMac Mortgage Investment Trust had its price target lowered by UBS Group AG from $11.25 to $10.00. They now have a “neutral” rating on the stock.
• 8/18/2026 – PennyMac Mortgage Investment Trust had its “sell (d+)” rating reaffirmed by Weiss Ratings.

PennyMac Mortgage Investment Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 23rd. Shareholders of record on Thursday, October 8th will be given a $0.40 dividend. The ex-dividend date is Thursday, October 8th. This represents a $1.60 annualized dividend and a yield of 23.0%. PennyMac Mortgage Investment Trust’s dividend payout ratio (DPR) is currently 112.68%.

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

PennyMac’s activities include acquiring and managing newly originated and seasoned residential mortgage loans, investing in mortgage servicing rights and related financing arrangements, and participating in correspondent production activities.