PennyMac Mortgage Investment Trust Common Shares of Beneficial Interest (PMT) Social Stream
PENNYMAC MORTGAGE INVESTMENT TRUST (PMT) Price Targets From Analysts
Use the tables below to see what analysts covering PENNYMAC MORTGAGE INVESTMENT TRUST think about its future price and what recommendations they have for investors and traders.
| 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 | $12.08 | 72.03% |
| 2021-11-15 | 8 | $23 | $19 | $20.718 | $12.08 | 71.51% |
| 2021-12-09 | 7 | $22 | $19 | $20.593 | $12.08 | 70.47% |
| 2022-01-05 | 7 | $22 | $19 | $20.468 | $12.08 | 69.44% |
| 2022-02-02 | 8 | $22 | $18.5 | $20.25 | $12.08 | 67.63% |
| 2022-02-04 | 8 | $22 | $18.5 | $20.138 | $12.08 | 66.71% |
| 2022-02-08 | 8 | $22 | $17.5 | $19.75 | $12.08 | 63.49% |
| 2022-03-11 | 8 | $22 | $17.5 | $19.416 | $12.08 | 60.73% |
| 2022-04-08 | 8 | $22 | $17.5 | $19.361 | $12.08 | 60.27% |
| 2022-04-26 | 8 | $21 | $17.5 | $18.916 | $12.08 | 56.59% |
| 2022-05-10 | 8 | $21 | $17.5 | $18.861 | $12.08 | 56.13% |
| 2022-05-11 | 7 | $21 | $16 | $18.464 | $12.08 | 52.85% |
| 2022-08-08 | 7 | $19.75 | $16 | $17.892 | $12.08 | 48.11% |
| 2022-09-17 | 7 | $19.75 | $15 | $17.75 | $12.08 | 46.94% |
| 2022-09-30 | 7 | $19.75 | $15 | $17.392 | $12.08 | 43.97% |
| 2022-10-20 | 7 | $19.75 | $15 | $16.964 | $12.08 | 40.43% |
| 2022-10-25 | 7 | $19.75 | $15 | $16.535 | $12.08 | 36.88% |
| 2022-10-31 | 7 | $19.75 | $15 | $16.464 | $12.08 | 36.29% |
| 2022-12-19 | 6 | $18.5 | $13.5 | $15.833 | $12.08 | 31.07% |
| 2023-01-06 | 6 | $18.5 | $13.5 | $15.571 | $12.08 | 28.9% |
| 2023-02-03 | 5 | $16 | $13.5 | $15.083 | $12.08 | 24.86% |
| 2023-02-06 | 5 | $16 | $13.5 | $14.916 | $12.08 | 23.48% |
| 2023-02-08 | 5 | $16 | $13.5 | $14.75 | $12.08 | 22.1% |
| 2023-02-22 | 5 | $16 | $14 | $14.833 | $12.08 | 22.79% |
| 2023-04-21 | 5 | $16 | $12.5 | $14.416 | $12.08 | 19.34% |
| 2023-04-24 | 5 | $16 | $12 | $14.071 | $12.08 | 16.48% |
| 2023-05-01 | 6 | $16 | $12 | $14.071 | $12.08 | 16.48% |
| 2023-05-02 | 6 | $16 | $12 | $13.785 | $12.08 | 14.11% |
| 2023-06-06 | 6 | $16 | $12.5 | $13.928 | $12.08 | 15.3% |
| 2023-07-10 | 7 | $16 | $12.5 | $14 | $12.08 | 15.89% |
| 2023-07-21 | 7 | $16 | $12.5 | $14.357 | $12.08 | 18.85% |
| 2023-07-27 | 7 | $16 | $12.5 | $14.214 | $12.08 | 17.67% |
| 2023-07-31 | 7 | $16 | $12.5 | $13.928 | $12.08 | 15.3% |
| 2023-09-01 | 7 | $15 | $12.5 | $13.785 | $12.08 | 14.11% |
The Trend in the Analyst Price Target
Over the past 21 months, PMT's average price target has gone down $6.81.
PMT reports an average of 13.4% for its upside potential over the past 48 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-01-06 | 6 | 18.5 | 13.5 | 15.571 | 13.44 | 15.86% |
| 2023-02-06 | 5 | 16.0 | 13.5 | 14.916 | 14.23 | 4.82% |
| 2023-02-22 | 5 | 16.0 | 14.0 | 14.833 | 13.53 | 9.63% |
| 2023-05-03 | 6 | 16.0 | 12.5 | 13.928 | 11.73 | 18.74% |
| 2023-08-08 | 7 | 15.0 | 12.5 | 13.785 | 13.18 | 4.59% |
PMT Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 2.43 | 2 | 0 | 5 | 0 | 0 | 7 |
The Trend in the Broker Recommendations
PMT's average broker recommendation rating worsened by 0.43 over the prior 16 months.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- PENNYMAC MORTGAGE INVESTMENT TRUST's average analyst price target is higher than 929.02% of all US stocks.
- In the context of all US stocks, PENNYMAC MORTGAGE INVESTMENT TRUST's variance in analysts' estimates is lower than -874.75% of them.
- PENNYMAC MORTGAGE INVESTMENT TRUST's upside potential (average analyst target price relative to current price) is higher than 2116.92% of Real Estate stocks.
- To contextualize these metrics, consider that out of Real Estate stocks, PENNYMAC MORTGAGE INVESTMENT TRUST's number of analysts covering the stock is greater than 1311.38% of them.
In the Trading industry, IVR, ARR, and APLE are the three stocks most similar to PENNYMAC MORTGAGE INVESTMENT TRUST regarding the price target and analyst recommendation information presented here.
View All Top Stocks by Price Target
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