Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
PennyMac Mortgage ( (PMT) ) has issued an update.
On June 24, 2025, PennyMac Mortgage Investment Trust held its Annual Meeting of Shareholders to elect three Class I trustees, ratify Deloitte & Touche LLP as the independent accounting firm for 2025, and approve executive compensation. The meeting saw 81.9% of eligible shares represented, with significant support for the trustee nominees and the ratification of the accounting firm, reflecting shareholder confidence in the company’s governance and strategic direction.
The most recent analyst rating on (PMT) stock is a Buy with a $15.50 price target. To see the full list of analyst forecasts on PennyMac Mortgage stock, see the PMT Stock Forecast page.
Spark’s Take on PMT Stock
According to Spark, TipRanks’ AI Analyst, PMT is a Neutral.
PennyMac Mortgage’s overall stock score is primarily influenced by its challenging financial performance, characterized by high leverage and negative cash flows. Despite these issues, the valuation is supported by a high dividend yield, and recent corporate events like the successful Senior Notes offering provide some financial stability. The technical analysis suggests a neutral market outlook, while the earnings call reflects both achievements and ongoing challenges.
To see Spark’s full report on PMT stock, click here.
More about PennyMac Mortgage
PennyMac Mortgage Investment Trust operates in the real estate finance industry, focusing primarily on mortgage-related investments. The company provides capital to the residential mortgage market in the United States, engaging in the acquisition and management of mortgage loans and mortgage-related assets.
Average Trading Volume: 887,961
Technical Sentiment Signal: Buy
Current Market Cap: $1.09B
Learn more about PMT stock on TipRanks’ Stock Analysis page.