Currently, there are 86.86M common shares owned by the public and among those 85.74M shares have been available to trade.
The company’s stock has a 5-day price change of 2.00% and 4.32% over the past three months. PMT shares are trading 9.37% year to date (YTD), with the 12-month market performance up to 3.85% higher. It has a 12-month low price of $11.77 and touched a high of $15.22 over the same period. PMT has an average intraday trading volume of 736.83K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 4.33%, 5.57%, and 0.64% respectively.
Institutional ownership of Pennymac Mortgage Investment Trust (NYSE: PMT) shares accounts for 69.01% of the company’s 86.86M shares outstanding.
It has a market capitalization of $1.20B and a beta (3y monthly) value of 1.50. The stock’s trailing 12-month PE ratio is 10.33, while the earnings-per-share (ttm) stands at $1.33. The company has a PEG of 1.65 and the debt-to-equity ratio at 6.24. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.12% over the week and 1.64% over the month.
Earnings per share for the fiscal year are expected to increase by 11.74%, and 3.84% over the next financial year. EPS should grow at an annualized rate of 6.26% over the next five years, compared to -10.76% over the past 5-year period.
Looking at the support for the PMT, a number of firms have released research notes about the stock. Keefe Bruyette stated their Outperform rating for the stock in a research note on July 10, 2024, with the firm’s price target at $15-$15.50. Piper Sandler on their part issued Neutral rating on February 07, 2023.
