Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
Pennymac Mortgage Investment Trust (NYSE: PMT) closed the day trading at $12.61 up 3.36% from the previous closing price of $12.20. In other words, the price has increased by $3.36 from its previous closing price. On the day, 1.18 million shares were traded. PMT stock price reached its highest trading level at $12.669 during the session, while it also had its lowest trading level at $12.235.
Ratios:
For a better understanding of PMT, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 6.64 whereas as Long-Term Debt/Eq ratio is at 3.38.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Keefe Bruyette on July 10, 2024, Upgraded its rating to Outperform and sets its target price to $15.50 from $15 previously.
On December 06, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $13.50.UBS initiated its Neutral rating on December 06, 2023, with a $13.50 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 24 ’25 when Lynch Catherine A. bought 2,878 shares for $12.15 per share. The transaction valued at 34,968 led to the insider holds 49,254 shares of the business.
Lynch Catherine A. bought 1,268 shares of PMT for $15,298 on Apr 25 ’25. The Director now owns 50,522 shares after completing the transaction at $12.06 per share. On Mar 05 ’25, another insider, Jones Doug, who serves as the Director, President & CMBO of the company, sold 14,530 shares for $14.50 each. As a result, the insider received 210,685 and left with 64,082 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PMT now has a Market Capitalization of 1097203584 and an Enterprise Value of 14030713856. As of this moment, Pennymac’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.53, and their Forward P/E ratio for the next fiscal year is 8.03. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.56. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.76 while its Price-to-Book (P/B) ratio in mrq is 0.81. Its current Enterprise Value per Revenue stands at 23.731.
Stock Price History:
The Beta on a monthly basis for PMT is 1.32, which has changed by -0.08953071 over the last 52 weeks, in comparison to a change of 0.097913146 over the same period for the S&P500. Over the past 52 weeks, PMT has reached a high of $15.22, while it has fallen to a 52-week low of $11.77. The 50-Day Moving Average of the stock is -9.27%, while the 200-Day Moving Average is calculated to be -7.63%.
Shares Statistics:
Over the past 3-months, PMT traded about 917.93K shares per day on average, while over the past 10 days, PMT traded about 1245370 shares per day. A total of 87.01M shares are outstanding, with a floating share count of 85.56M. Insiders hold about 1.50% of the company’s shares, while institutions hold 69.12% stake in the company. Shares short for PMT as of 1744675200 were 4279680 with a Short Ratio of 4.66, compared to 1741910400 on 3911184. Therefore, it implies a Short% of Shares Outstanding of 4279680 and a Short% of Float of 7.000000000000001.
Dividends & Splits
PMT’s forward annual dividend rate is 1.60, up from 1.6 a year ago. Against a Trailing Annual Dividend Yield of 0.13114755The stock’s 5-year Average Dividend Yield is 11.43.
Earnings Estimates
The current rating of Pennymac Mortgage Investment Trust (PMT) is the result of assessments by 7.0 analysts actively engaged in evaluating its market dynamics.The consensus estimate for the next quarter is $0.36, with high estimates of $0.39 and low estimates of $0.34.
Analysts are recommending an EPS of between $1.48 and $1.04 for the fiscal current year, implying an average EPS of $1.29. EPS for the following year is $1.57, with 7.0 analysts recommending between $1.64 and $1.45.
Revenue Estimates
4 analysts predict $95.45M in revenue for the current quarter. It ranges from a high estimate of $103.6M to a low estimate of $88.72M. As of the current estimate, Pennymac Mortgage Investment Trust’s year-ago sales were $71.2MFor the next quarter, 4 analysts are estimating revenue of $97.29M. There is a high estimate of $106.5M for the next quarter, whereas the lowest estimate is $91M.
A total of 3 analysts have provided revenue estimates for PMT’s current fiscal year. The highest revenue estimate was $363.55M, while the lowest revenue estimate was $316M, resulting in an average revenue estimate of $345.88M. In the same quarter a year ago, actual revenue was $334.19MBased on 3 analysts’ estimates, the company’s revenue will be $389.93M in the next fiscal year. The high estimate is $431.2M and the low estimate is $367M.
