PennyMac officer sells shares as PennyMac Mortgage Investment Trust stock yields 20.50 percent

Published on 10/07/2026 at 04:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

PennyMac Mortgage Investment Trust stock was EUR 7.16 at Lang & Schwarz on October 5, 2026. Earnings are due October 20, 2026.

PMT, US70931T1034, Illustration mit AI erstellt.

PennyMac Mortgage Investment Trust (ISIN US70931T1034) saw Chief Accounting Officer Gregory L. Hendry sell 2,444 shares on October 1, 2026, while the trust's quarterly dividend equaled a 20.50 percent annualized yield. MarketBeat reported the transaction on October 2, 2026, including the USD 0.40 quarterly dividend and the October 8, 2026 record date.

Insider sale follows planned trade

Hendry sold the common shares at USD 7.86 each and directly held 4,886 shares after the transaction, according to StockTitan on October 2, 2026. The filing said the sale took place automatically under a Rule 10b5-1 trading plan adopted on March 20, 2026.

The planned-trade designation gives the filing a different signal from an open-market sale based on a new decision. It still leaves the transaction as a dated insider event for PMT, whose shares were trading near the one-year low cited by MarketBeat.

Earnings and dividend set the test

For the second quarter of 2026, diluted earnings per share were USD 0.23 against a USD 0.30 consensus estimate, a USD 0.07 shortfall, according to MarketBeat. The same report listed a USD 11.50 consensus target and a Hold consensus across nine analyst ratings, with three Buys, four Holds and two Sells.

The dividend provides a material counterweight to the earnings miss, but the payout ratio was 112.68 percent, according to MarketBeat. The scheduled payment date is October 23, 2026.

Stock remains below yearly high

PennyMac Mortgage Investment Trust had a USD 7.64 to USD 13.81 one-year range and a USD 700.2 million market capitalization as of October 6, 2026. Its next earnings report is scheduled for October 20, 2026, after the market closes, according to MarketBeat.

The Lang & Schwarz prior close was EUR 7.16 on October 5, 2026. On the NYSE, PMT was last quoted at USD 8.03 on October 6, 2026 at 4:00 p.m. ET, according to the structured market snapshot.

The further course of trading is shown by the continuously updated real-time quote of PennyMac Mortgage Investment Trust stock.