The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
After finishing at $12.40 in the prior trading day, Pennymac Mortgage Investment Trust (NYSE: PMT) closed at $12.31, down -0.73%. In other words, the price has decreased by -$0.73 from its previous closing price. On the day, 0.89 million shares were traded.
Ratios:
Our goal is to gain a better understanding of PMT by taking a closer 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 1.96.
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:
As of this moment, Pennymac’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.22, and their Forward P/E ratio for the next fiscal year is 7.84. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.50. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.73 while its Price-to-Book (P/B) ratio in mrq is 0.79.
Stock Price History:
Over the past 52 weeks, PMT has reached a high of $14.98, while it has fallen to a 52-week low of $11.77. The 50-Day Moving Average of the stock is -7.86%, while the 200-Day Moving Average is calculated to be -9.07%.
Shares Statistics:
A total of 87.01M shares are outstanding, with a floating share count of 85.70M. Insiders hold about 1.50% of the company’s shares, while institutions hold 72.41% stake in the company.
