PennyMac Mortgage Investment Trust (NYSE:PMT – Get Free Report) is anticipated to announce its Q3 2026 results after the market closes on Thursday, October 29th. Analysts expect PennyMac Mortgage Investment Trust to announce earnings of $0.3017 per share and revenue of $93.96 million for the quarter. Investors are encouraged to explore the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Thursday, October 29, 2026 at 6:30 PM ET.
PennyMac Mortgage Investment Trust (NYSE:PMT – Get Free Report) last posted its earnings results on Wednesday, July 29th. The real estate investment trust reported $0.23 EPS for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.07). The business had revenue of ($46.00) million during 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 Stock Performance
Shares of NYSE:PMT opened at $7.25 on Wednesday. PennyMac Mortgage Investment Trust has a 52-week low of $6.70 and a 52-week high of $13.81. The stock’s fifty day simple moving average is $8.39 and its 200-day simple moving average is $10.53.
PennyMac Mortgage Investment Trust Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, October 23rd. Investors of record on Thursday, October 8th were paid a $0.40 dividend. The ex-dividend date of this dividend was Thursday, October 8th. This represents a $1.60 annualized dividend and a yield of 22.1%.
Wall Street Analyst Weigh In
Several equities analysts recently weighed in on the company. Weiss Ratings downgraded PennyMac Mortgage Investment Trust from a “sell (d+)” rating to a “sell (d)” rating in a research report on Thursday, October 8th. Citigroup restated a “market outperform” rating on shares of PennyMac Mortgage Investment Trust in a report on Thursday, October 15th. Piper Sandler dropped their price objective on PennyMac Mortgage Investment Trust from $10.00 to $9.00 and set a “neutral” rating for the company in a report on Friday, October 9th. Deutsche Bank Aktiengesellschaft upgraded PennyMac Mortgage Investment Trust from a “hold” rating to a “buy” rating and set a $12.00 price objective for the company in a report on Saturday, August 15th. Finally, UBS Group cut their target price on PennyMac Mortgage Investment Trust from $11.25 to $10.00 and set a “neutral” rating on the stock in a research report on Friday, August 21st. Three analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $10.92.
Check Out Our Latest Stock Report on PennyMac Mortgage Investment Trust
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.
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