PennyMac Mortgage Investment Trust Common Shares of Beneficial Interest (PMT) Social Stream
PENNYMAC MORTGAGE INVESTMENT TRUST (PMT) Price Targets From Analysts
The tables below show price targets and recommendations from analysts covering PENNYMAC MORTGAGE INVESTMENT TRUST.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-09 | 8 | $23 | $19 | $20.781 | $14.95 | 39% |
| 2021-11-15 | 7 | $23 | $19 | $20.718 | $14.95 | 38.58% |
| 2021-12-09 | 7 | $22 | $19 | $20.593 | $14.95 | 37.75% |
| 2022-01-05 | 7 | $22 | $19 | $20.468 | $14.95 | 36.91% |
| 2022-02-02 | 8 | $22 | $18.5 | $20.25 | $14.95 | 35.45% |
| 2022-02-04 | 8 | $22 | $18.5 | $20.138 | $14.95 | 34.7% |
| 2022-02-08 | 8 | $22 | $17.5 | $19.75 | $14.95 | 32.11% |
| 2022-03-11 | 8 | $22 | $17.5 | $19.416 | $14.95 | 29.87% |
| 2022-04-08 | 8 | $22 | $17.5 | $19.361 | $14.95 | 29.51% |
| 2022-04-26 | 8 | $21 | $17.5 | $18.916 | $14.95 | 26.53% |
| 2022-05-10 | 8 | $21 | $17.5 | $18.861 | $14.95 | 26.16% |
| 2022-05-11 | 7 | $21 | $16 | $18.464 | $14.95 | 23.51% |
| 2022-08-08 | 7 | $19.75 | $16 | $18.035 | $14.95 | 20.64% |
| 2022-09-17 | 7 | $19.75 | $15 | $17.75 | $14.95 | 18.73% |
| 2022-09-30 | 7 | $19.75 | $15 | $17.392 | $14.95 | 16.33% |
| 2022-10-20 | 7 | $19.75 | $15 | $16.964 | $14.95 | 13.47% |
| 2022-10-25 | 7 | $19.75 | $15 | $16.535 | $14.95 | 10.6% |
| 2022-10-31 | 6 | $18.5 | $13.5 | $15.666 | $14.95 | 4.79% |
| 2022-12-19 | 6 | $18.5 | $13.5 | $15.833 | $14.95 | 5.91% |
| 2023-01-06 | 6 | $18.5 | $13.5 | $15.571 | $14.95 | 4.15% |
| 2023-02-03 | 5 | $16 | $13.5 | $15.083 | $14.95 | 0.89% |
| 2023-02-06 | 5 | $16 | $13.5 | $14.916 | $14.95 | -0.23% |
| 2023-02-08 | 5 | $16 | $13.5 | $14.75 | $14.95 | -1.34% |
| 2023-02-22 | 4 | $16 | $14 | $14.833 | $14.95 | -0.78% |
| 2023-04-21 | 5 | $16 | $12.5 | $14.416 | $14.95 | -3.57% |
| 2023-04-24 | 5 | $16 | $12 | $14.071 | $14.95 | -5.88% |
| 2023-05-01 | 6 | $16 | $12 | $14.071 | $14.95 | -5.88% |
| 2023-05-02 | 6 | $16 | $12 | $13.785 | $14.95 | -7.79% |
| 2023-06-06 | 6 | $16 | $12.5 | $13.928 | $14.95 | -6.84% |
| 2023-07-10 | 7 | $16 | $12.5 | $14 | $14.95 | -6.35% |
| 2023-07-21 | 7 | $16 | $12.5 | $14.357 | $14.95 | -3.97% |
| 2023-07-27 | 7 | $16 | $12.5 | $14.214 | $14.95 | -4.92% |
| 2023-07-31 | 7 | $16 | $12.5 | $13.928 | $14.95 | -6.84% |
| 2023-10-27 | 7 | $15 | $12.5 | $13.785 | $14.95 | -7.79% |
| 2023-11-22 | 7 | $15 | $12.5 | $13.928 | $14.95 | -6.84% |
| 2023-12-06 | 8 | $15 | $12.5 | $13.875 | $14.95 | -7.19% |
| 2023-12-19 | 8 | $15 | $12.5 | $14 | $14.95 | -6.35% |
The Trend in the Analyst Price Target
PMT's average price target has moved down $1.39 over the prior 44 months.
Over the past 50 weeks, PMT's average upside potential has been 7.93%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-02-03 | 5 | 16 | 13.5 | 15.083 | 14.93 | 1.02% |
| 2023-07-21 | 7 | 16 | 12.5 | 14.357 | 13.99 | 2.62% |
| 2023-10-04 | 7 | 15 | 12.5 | 13.785 | 11.63 | 18.53% |
| 2023-10-27 | 7 | 15 | 12.5 | 13.785 | 12.28 | 12.26% |
| 2023-10-31 | 7 | 15 | 12.5 | 13.928 | 12.65 | 10.1% |
PMT Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 2.56 | 2 | 0 | 7 | 0 | 0 | 9 |
The Trend in the Broker Recommendations
PMT's average broker recommendation rating worsened by 0.64 over the prior 17 months.
The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for PMT as an investment opportunity.
- PMT has a higher average analyst price target than 992.91% of all US stocks.
- PENNYMAC MORTGAGE INVESTMENT TRUST's variance in analysts' estimates is lower than -910.31% of all US stocks.
- In terms of how PENNYMAC MORTGAGE INVESTMENT TRUST fares relative to Real Estate stocks, note that its upside potential (average analyst target price relative to current price) is greater than 1858.6% of that group.
- To contextualize these metrics, consider that out of Real Estate stocks, PENNYMAC MORTGAGE INVESTMENT TRUST's number of analysts covering the stock is higher than 1375.4% of them.
Stocks similar to PENNYMAC MORTGAGE INVESTMENT TRUST in the Trading industry regarding analyst recommendations and price targets are IVR, ARR, and APLE.
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