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.
Many analysts weighed in on price targets for PMT. The highest price target was 19, which equates to a potential upside of 7.77 percent. The minimum price target given was 15, implying a possible loss of -14.92 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Analysts have revised their earnings estimates upwards for this quarter, by about 1.19 percent on average, compared to last month. That number becomes 2.44 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0.6 percent, compared to last month. 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.
PMT has an estimated earnings growth rate of 24.62 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of PMT is 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 4.5 percent below the high. PMT has a P/E 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's next earnings release will be on 0000-00-00, which is days away.