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.

A number of analysts gave price targets for PMT. The maximum price target given was 19, implying potential capital gains of 7.77 percent. The minimum price target given was 15, implying a possible loss of -14.92 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 1.19 percent. The average change in earnings estimates over the last 90 days is 2.44 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.6 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 0.01 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 1 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Also over the last month, 1 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.

PMT has an estimated earnings growth rate of 24.62 percent as forecasted by analysts. 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 people typically see that as an indicator of higher growth relative to stock price. 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.

In the last 52-weeks, PMT has achieved a high of 18.46 and a low of 14.28. Currently the stock is 23.46 percent higher than its 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 stock has a market capitalization of $1.18 billion. PMT will post this quarters earnings in days, on 0000-00-00.