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, implying a possible profit of 7.77 percent. The most pessimistic price target was 15, implying potential capital losses 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. This can be compared with the average change in earnings estimates over the past 3 months, which is 2.44 percent. 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 have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. During this time, 1 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.

Analysts estimate earnings of PMT to grow at a rate of 24.62 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, 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, even though it may be more relevant to compare the ratio to that of a firm's competitors. PMT has a PEG ratio of 0.53.

PMT has traded between a high of 18.46 and a low of 14.28 over the past year. Today's price is 23.46 percent above the 52-week low, and 4.5 percent below the high. 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 will post this quarters earnings in days, on 0000-00-00.