PennyMac Mortgage Investment Trust stock sits 1.76 percent above its low
Published on 10/17/2026 at 22:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSResults date and valuation
- PennyMac Mortgage Investment Trust stock stood 1.76 percent above its USD 6.80 52-week low on October 16, 2026.
- PennyMac Mortgage Investment Trust will release third-quarter 2026 results on October 29, 2026.
- PennyMac Mortgage Investment Trust stock was last at EUR 6.25 at Tradegate on October 16, 2026, while PMT fell 1.98 percent versus its previous NYSE close.
- Piper Sandler lowered its target to USD 9.00 from USD 10.00 in a report dated October 9, 2026.
PennyMac Mortgage Investment Trust stock stood 1.76 percent above its 52-week low at USD 6.92 on October 16, 2026, with the annual range at USD 6.80 to USD 13.81. The next results date is October 29, 2026, while the latest euro quotation was last at EUR 6.25 at Tradegate on October 16, 2026 at 6:05 p.m. CEST.
Target cuts keep valuation in view
MarketBeat reported on October 14, 2026 that Piper Sandler had cut its target for PMT from USD 10.00 to USD 9.00 and kept a Neutral rating in a report dated October 9, 2026. Against the USD 6.92 home-market price, the new target stood 30.06 percent higher.
The target change leaves the upcoming results as the next scheduled company event. PennyMac Mortgage Investment Trust said on October 8, 2026 that it would publish results for the quarter ended September 30, 2026 after the market close on October 29, 2026, followed by a conference call at 6:00 p.m. Eastern Time.
Price position and valuation
PMT's USD 6.92 last price on the NYSE was 1.98 percent below the USD 7.06 previous close on October 16, 2026. The stock was 48.88 percent below its USD 13.50 52-week high and 1.76 percent above its USD 6.80 low. Trading volume reached 2,861,398 shares against an average of 1,831,934.
Finance figures place market capitalization at USD 603.4 million and the price-to-earnings ratio at 4.84 as of October 16, 2026. The trailing dividend yield was 23.00 percent. MarketBeat reported a quarterly dividend of USD 0.40 payable on October 23, 2026, to shareholders of record on October 8, 2026.
Comparison with peers
PMT (NYSE, USD): minus 1.98 percent, P/E 4.84, market capitalization USD 603.4 million
AGNC Investment (Nasdaq, USD): minus 1.13 percent, P/E 4.45, market capitalization USD 10.3 billion
Annaly Capital Management (NYSE, USD): minus 1.09 percent, P/E 4.56, market capitalization USD 13.7 billion
What comes next
The October 29 results will give investors a fresh period figure for a mortgage REIT whose stock is trading near the bottom of its annual range. The scheduled release, the 52-week position and the target revisions frame the next market comparison without turning any single valuation measure into a forecast.
Tradegate quotation
The last available euro quotation was EUR 6.25 at Tradegate on October 16, 2026 at 6:05 p.m. CEST. On the NYSE, PMT was last at USD 6.92 on October 16, 2026 at 4:00 p.m. ET, down 1.98 percent versus its previous close.
PennyMac Mortgage Investment Trust market data
- Company: PennyMac Mortgage Investment Trust
- ISIN: US70931T1034
- Ticker: PMT
- Primary exchange: NYSE
- Price Tradegate (as of October 16, 2026, 6:05 p.m. CEST): EUR 6.25
- Home-market price (as of October 16, 2026, 4:00 p.m. ET): USD 6.92
- Market capitalization: USD 603.4 million (as of October 16, 2026)
- 52-week range: USD 6.80-13.81 (as of October 16, 2026)
- Sector / Industry: Real Estate / REIT - Mortgage
- Next earnings date: October 29, 2026
Market context: Market report S&P 500.
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