Analyst Ratings for PennyMac Mortgage Investment Trust (PMT)

Updated: 2017-07-28

Shares of PennyMac Mortgage Investment Trust (NYSE:PMT) have received a consensus rating of Overweight from Wall Street analysts. Last month, PMT received an average rating of Overweight.

3 analysts declared PMT a buy, 0 issued an overweight rating, 2 issued a hold rating, 1 issued an underweight rating, and 0 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Several price targets were given for PMT by the analysts covering the stock. The most optimistic price target was 19, which equates to a potential upside of 7.77 percent. The most pessimistic price target was 15, implying a possible loss of -14.92 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 1.19 percent. That number becomes 2.44 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.6 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.01 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 1 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Also over the last month, 1 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.

The growth rate of PMT's earnings is estimated by analysts to be 24.62 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. PMT has a PEG ratio of 0.53.

PMT has a 52-week high of 18.46 and a 52-week low of 14.28. The current market price is above the trailing year's low by 23.46 percent, and below the high by 4.5 percent. PMT has a price/earnings ratio of 13.16. Investors typically compare the P/E ratio to a company's peers in the industry. The PMT value stock report compares PMT to some of its peers using value stock charts. The market cap of PMT is $1.18 billion. PMT is estimated to release their earnings results for the quarter on 0000-00-00, days from today.