PennyMac Mortgage Investment Trust (PMT) to Post Quarterly Earnings on Wednesday

PennyMac Mortgage Investment Trust (NYSE:PMT) is expected to be announcing its Q2 2026 results after the market closes on Wednesday, July 29th. Analysts expect PennyMac Mortgage Investment Trust to announce earnings of $0.30 per share and revenue of $93.20 million for the quarter. Individuals can check the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 6:00 PM ET.

PennyMac Mortgage Investment Trust (NYSE:PMT) last issued its earnings results on Tuesday, May 5th. The real estate investment trust reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.20). PennyMac Mortgage Investment Trust had a return on equity of 10.71% and a net margin of 41.38%.The firm had revenue of $233.25 million during the quarter, compared to analysts’ expectations of $92.92 million. On average, analysts expect PennyMac Mortgage Investment Trust to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

PennyMac Mortgage Investment Trust Stock Performance

Shares of PMT opened at $9.82 on Wednesday. The company has a debt-to-equity ratio of 7.99, a quick ratio of 1.39 and a current ratio of 1.39. The stock has a 50-day moving average of $10.34 and a two-hundred day moving average of $11.53. The stock has a market cap of $855.97 million, a P/E ratio of 8.54, a P/E/G ratio of 0.62 and a beta of 1.13. PennyMac Mortgage Investment Trust has a one year low of $9.68 and a one year high of $13.81.

PennyMac Mortgage Investment Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 24th. Stockholders of record on Thursday, July 9th will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 16.3%. The ex-dividend date is Thursday, July 9th. PennyMac Mortgage Investment Trust’s dividend payout ratio (DPR) is presently 139.13%.

Hedge Funds Weigh In On PennyMac Mortgage Investment Trust

Institutional investors have recently modified their holdings of the stock. Nuveen LLC lifted its holdings in shares of PennyMac Mortgage Investment Trust by 350.3% in the 4th quarter. Nuveen LLC now owns 927,864 shares of the real estate investment trust’s stock valued at $11,645,000 after buying an additional 721,790 shares during the period. JPMorgan Chase & Co. grew its holdings in PennyMac Mortgage Investment Trust by 149.1% during the fourth quarter. JPMorgan Chase & Co. now owns 873,470 shares of the real estate investment trust’s stock worth $10,962,000 after acquiring an additional 522,839 shares during the period. Barclays PLC grew its holdings in PennyMac Mortgage Investment Trust by 93.2% during the third quarter. Barclays PLC now owns 992,581 shares of the real estate investment trust’s stock worth $12,169,000 after acquiring an additional 478,947 shares during the period. Millennium Management LLC grew its holdings in PennyMac Mortgage Investment Trust by 41.8% during the third quarter. Millennium Management LLC now owns 1,339,158 shares of the real estate investment trust’s stock worth $16,418,000 after acquiring an additional 394,497 shares during the period. Finally, Jane Street Group LLC purchased a new position in PennyMac Mortgage Investment Trust during the first quarter valued at approximately $4,166,000. Hedge funds and other institutional investors own 67.38% of the company’s stock.

Analysts Set New Price Targets

PMT has been the subject of a number of research reports. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and set a $12.00 target price (down from $13.50) on shares of PennyMac Mortgage Investment Trust in a report on Friday, May 8th. Weiss Ratings downgraded shares of PennyMac Mortgage Investment Trust from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, May 21st. Wall Street Zen lowered shares of PennyMac Mortgage Investment Trust from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Piper Sandler decreased their price objective on shares of PennyMac Mortgage Investment Trust from $13.00 to $11.50 and set a “neutral” rating for the company in a research note on Tuesday, May 26th. Finally, Wells Fargo & Company decreased their price objective on shares of PennyMac Mortgage Investment Trust from $13.00 to $12.00 and set an “equal weight” rating for the company in a research note on Thursday, May 7th. Two equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $12.80.

About PennyMac Mortgage Investment Trust

PennyMac Mortgage Investment Trust (NYSE: PMT) is a publicly traded real estate investment trust (REIT) that primarily acquires and manages residential mortgage loans and mortgage-related assets. The company focuses on generating attractive risk-adjusted returns through investment in agency and non-agency residential mortgage pools, credit risk transfer securities, and residential mortgage whole loans. As a mortgage REIT, PennyMac Investment Trust seeks to capture both interest rate spread and potential price appreciation in its portfolio holdings.

Established with external management by PennyMac Financial Services, Inc, the trust leverages the sponsor’s mortgage servicing, underwriting and capital markets expertise.