Is PennyMac Mortgage Investment Trust (PMT) overvalued or fairly valued?

MarketChacha shows PennyMac Mortgage Investment Trust's valuation in context — a trailing P/E of about 14.9, a forward P/E of about 6.6, a price-to-book of about 0.6 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is the share price of PennyMac Mortgage Investment Trust (PMT)?

PennyMac Mortgage Investment Trust last traded at $9.83 (+0.3% on the day), as of 7/22/2026 — a delayed quote shown for education, not investment advice.

PennyMac Mortgage Investment Trust

PMT · NYSE · Real Estate · United States

$9.83+0.3%

Delayed · as reported by Yahoo Finance · as of Jul 22, 2026, 7:30 PM

Snapshot

TickerPMT

ExchangeNYSE

SectorReal Estate

IndustryREIT - Mortgage

CountryUnited States

HeadquartersWestlake Village, United States

Market cap$856.8M

P/E (TTM)14.9

P/B0.6

Volume829.28K

Websitepmt.pennymac.com

Filings tracked3

About PennyMac Mortgage Investment Trust

PennyMac Mortgage Investment Trust, through its subsidiary, primarily invests in residential mortgage-related assets in the United States. The company operates through: Credit Sensitive Strategies, Interest Rate Sensitive Strategies, and Correspondent Production segments. The Credit Sensitive Strategies segment invests in credit risk transfer (CRT) agreements and subordinate and credit-linked mortgage-backed securities (MBS). The Interest Rate Sensitive Strategies segment engages in investing in mortgage servicing rights, agency and senior non-agency MBS, and collateralized mortgage obligations (CMOs), as well as interest rate hedging activities. The Correspondent Production segment is involved in purchasing, pooling, and reselling newly originated prime credit quality loans directly or in the form of MBS. The company primarily sells its loans to government-sponsored enterprises. It has elected to be taxed as a real estate investment trust (REIT). It is not subject to U.S. federal income tax on the REIT taxable income it distributes to its shareholders. PennyMac Mortgage Investment Trust was incorporated in 2009 and is headquartered in Westlake Village, California.

Profile as reported by Yahoo Finance.

Who owns it

Insiders1.2%
Institutions79.7%
Public & other19.1%

284 institutional holders

As reported by Yahoo Finance.

Top holders

Blackrock Inc.15.89%
T. Rowe Price Investment Management, Inc.6.21%
Vanguard Portfolio Management LLC5.68%
Vanguard Capital Management LLC4.37%
State Street Corporation3.88%
Geode Capital Management, LLC2.54%
Invesco Ltd.2.52%
Mirae Asset Global ETFs Holdings Ltd.1.90%

Largest institutional holders, as reported by Yahoo Finance (as of 3/31/2026).

Forensic scorecard

Over 3 years only -17.56× of reported profit became operating cash — the classic sign that headline earnings may be running ahead of the cash actually generated. Often explained by working capital funding growth; worth a closer look.

Cash conversion-17.56×

Return on equity6.8%

Latest ROE of 6.8% is on the low side — the business earns a modest return on shareholder capital.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $98.7M · EPS 0.33

Est. earnings growth -40.3%

Next fiscal year

Rev $400.7M · EPS 1.49

Est. earnings growth +26.1%

Analyst consensus estimates — not the company's own guidance. As reported by Yahoo Finance.

$9.6852-wk range$13.81

Delayed · as reported by Yahoo Finance

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Market cap

$856.8M

Day change

+0.3%

P/E (TTM)

14.9

Fwd P/E

6.6

P/B

0.6

Div yield

16.33%

Beta

1.09

ROE

6.8%

Profit CAGR (2y)

-20.0%

EPS (FY2025)

0.99

Net profit (FY2025)

$127.9M

Market figures: Delayed · as reported by Yahoo Finance. Financials as reported in company filings.

Ask MarketChacha about PMT

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Net profit	EPS	ROE
FY2025	$127.9M	0.99	6.8%
FY2024	$161.0M	1.37	8.3%
FY2023	$199.7M	1.63	10.2%

Quarterly

Period	Net profit	EPS
2026Q1	$24.6M	0.16
2025Q3	$58.3M	0.55
2025Q2	$7.5M	-0.04
2025Q1	$9.7M	-0.01
2024Q3	$41.4M	0.36
2024Q2	$25.4M	0.17
2024Q1	$47.6M	0.39
2023Q3	$61.4M	0.51
2023Q2	$24.6M	0.16
2023Q1	$60.7M	0.50

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Executive/director change, Shareholder vote results, Exhibits
SEC6/16/2026material
8-K — Results of operations, Exhibits
SEC5/5/2026material
10-Q filing
SEC5/5/2026

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed · as reported by yahoo finance) are delayed and shown for reference only. Verify with the linked sources before acting.