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PennyMac Mortgage ( (PMT) ) has provided an announcement.
On December 15, 2025, PennyMac Corp., a subsidiary of PennyMac Mortgage Investment Trust, issued $75 million in 8.500% Exchangeable Senior Notes due 2029. This issuance was part of a reopening of notes previously issued in May 2024, bringing the total outstanding to $291.5 million. The proceeds are intended for debt repayment and general business purposes, impacting the company’s financial strategy and potentially enhancing its market position.
The most recent analyst rating on (PMT) stock is a Hold with a $13.00 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.
The overall stock score reflects a challenging financial environment with high leverage and declining revenue growth, partially offset by positive technical indicators and a strong dividend yield. The company’s ability to manage debt and improve cash flow will be crucial for future performance.
To see Spark’s full report on PMT stock, click here.
More about PennyMac Mortgage
PennyMac Mortgage Investment Trust operates in the financial services industry, focusing primarily on mortgage investments. It offers a range of mortgage-related services and products, with a market focus on mortgage servicing and investment management.
Average Trading Volume: 883,143
Technical Sentiment Signal: Strong Buy
Current Market Cap: $1.08B
For an in-depth examination of PMT stock, go to TipRanks’ Overview page.