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PennyMac Mortgage (PMT): analyst forecast and price target

$6.92 −1.98% close 16.10.26 · market cap $599M · Realestate · REIT - Mortgage IWM 0.03%
Price targets and ratings of

Analyst consensus

Hold

2 Buy6 Hold0 Sell

Ratings of 8 analysts in the last 3 months

12-month forecast

$10.71+54.7% upside

Based on 8 price targets given in the last 3 months, the average target is $10.71, the highest $12.50, the lowest $9.00. The average is +54.7% from the last price of $6.92.

$8.00$10.00$12.00Jan 26AprJulOctJan 27AprJulOctHigh$12.50Average$10.71Low$9.00
Highest target $12.50 Average target $10.71 Lowest target $9.00
AnalystFirmPrice target RatingUpsideAction Date Move vs SPY
Trevor Cranston★★★★★★★★★★#4573 · hits 51% · avg +3.8% Citizens JMP $15.00 → $12.50−16.7% Buy +80.6% Reiterated 15.10.26on TipRanks 06:00 +2.5%next day −0.9%
Crispin Love★★★★★★★★★★#1417 · hits 62% · avg +8.5% Piper Sandler $10.00 → $9.00−10.0% Hold +30.1% Reiterated 09.10.26on TipRanks 07:11 −2.3%next day −4.2% · 5 days −4.0%
Bose George★★★★★★★★★★#78 · hits 76% · avg +14.0% KBW $12.00 → $10.75−10.4% Hold +55.3% Reiterated 07.10.26on TipRanks 07:00 −1.4%next day +0.3% · 5 days −7.4%
Marissa Lobo★★★★★★★★★★#9793 · hits 0% · avg −9.3% UBS $11.25 → $10.00−11.1% Hold +44.5% Assigned 21.08.26on TipRanks 07:20 −0.8%next day −0.3% · 5 days −0.6%
Mark DeVries★★★★★★★★★★#242 · hits 65% · avg +16.1% Deutsche Bank $12.00 Buy +73.4% Upgrade 17.08.26on TipRanks Aug 16 07:40 +2.3%next day −1.3% · 5 days −2.2%
Derek Hewett★★★★★★★★★★#3136 · hits 57% · avg +4.6% Bank of America Securities — Hold — Assigned 10.08.26on TipRanks 05:16 −2.8%next day +1.1% · 5 days +2.6%
Jason Weaver★★★★★★★★★★#4097 · hits 51% · avg +4.7% JonesTrading — Hold — Reiterated 06.08.26on TipRanks 18:51 +2.7%next day −2.8% · 5 days −2.5%
Donald Fandetti★★★★★★★★★★#586 · hits 64% · avg +10.4% Wells Fargo $12.00 → $10.00−16.7% Hold +44.5% Assigned 31.07.26on TipRanks 06:49 +0.6%next day −1.3% · 5 days −1.2%
Unknown Analyst BTIG — Hold — Reiterated 24.04.26on TipRanks Apr 25 21:01 +0.7%next day −0.3% · 5 days +0.8%

The latest rating of each analyst in the last 12 months, as TipRanks lists them. Every rating kept, earlier ones included

Best analysts covering PennyMac Mortgage

TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.

Most accurate

3 months Trevor Cranston★★★★★★★★★★Citizens JMP · #4573
Hits 51%55 of 107 Average return +3.8%
1 year Trevor Cranston★★★★★★★★★★Citizens JMP · #4573
Hits 51%55 of 107 Average return +3.8%
2 years Trevor Cranston★★★★★★★★★★Citizens JMP · #4573
Hits 51%55 of 107 Average return +3.8%

Most profitable

3 months Trevor Cranston★★★★★★★★★★Citizens JMP · #4573
Hits 51%55 of 107 Average return +3.8%
1 year Trevor Cranston★★★★★★★★★★Citizens JMP · #4573
Hits 51%55 of 107 Average return +3.8%
2 years Trevor Cranston★★★★★★★★★★Citizens JMP · #4573
Hits 51%55 of 107 Average return +3.8%

How the average price target moved

The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $10.80 at a price of $7.88 (+37.1%); now: $10.71 at $6.92 (+54.7%).

$8.00$10.00Sep 15Oct 1Oct 15Top analysts$10.44Average target$10.71Price$6.92

PriceAverage targetTop analysts’ target

Recommendation trend

02578Oct 257Nov18Dec23Jan 2634Feb24Mar16Apr7May6Jun7Jul17Aug17Sep116Oct

Strong BuyBuyHoldSell

Rating05.2606.2607.2608.2609.2610.26
Strong Buy000001
Buy000111
Hold767776
Sell000000

Earnings and sales forecast

Next report: 29.10.26 (Q3 2026, date not confirmed)

Earnings per share

Next quarter’s EPS estimate — $0.30 (from $0.27 to $0.32). Last quarter: $0.23.

Sales

Next quarter’s sales estimate — $94M (from $82M to $106M). Last quarter: $478M.

Best top-analyst consensus in the sector · Realestate

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About PennyMac Mortgage
  • CEO: David A. Spector
  • Employees: 7
  • 3043 Townsgate Road, Suite 200, Westlake Village, CA, 91361, US
  • pmt.pennymac.com

PennyMac Mortgage Investment Trust (PMT) functions as a specialized financial firm, concentrating its investments primarily on mortgage-related assets within the United States. The company operates through several key divisions: Its Credit Sensitive Strategies segment channels capital into various instruments, including credit risk transfer (CRT) agreements and securities, distressed loans, real estate holdings, and non-agency subordinated bonds. The Interest Rate Sensitive Strategies segment focuses on investments such as mortgage servicing rights, excess servicing spreads, and both agency and senior non-agency mortgage-backed securities (MBS), while also undertaking related interest rate hedging activities. Through its Correspondent Production segment, PMT engages in the acquisition, pooling, and subsequent resale of newly originated prime credit residential loans, either directly or packaged as MBS. The trust is externally managed by PNMAC Capital Management, LLC. For federal income tax purposes, PennyMac Mortgage Investment Trust qualifies as a real estate investment trust (REIT). This status generally allows it to avoid federal corporate income taxes, provided it distributes at least 90% of its taxable income to its shareholders. PMT was founded in 2009 and has its headquarters situated in Westlake Village, California.

Data from the stock’s TipRanks forecast page, read 93 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗