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.

Investment analysts gave a few price targets for PMT. The most optimistic analyst gave a price target of 19, implying potential capital gains of 7.77 percent. The most pessimistic analyst gave a price target of 15, which equates to a potential downside of -14.92 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 1.19 percent. The average change in earnings estimates over the last 90 days is 2.44 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.6 percent. If we look at the last 90 days instead, we find a net average change of 0.01 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 1 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Over the same time period, 1 analysts revised their FY earnings estimates upwards, 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. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of PMT is 0.53.

In the trailing 52-weeks, PMT hit 18.46 at the highest peak, while it's lowest trading point was 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.